The bicycle industry encompasses the design, manufacturing, and sale of bicycles and related products. This sector includes various types of bicycles, such as road bikes, mountain bikes, and electric bikes, catering to different consumer needs. Key players in the industry range from large manufacturers to small local shops, contributing to a diverse market. In recent years, the bicycle industry has seen significant growth, driven by increased interest in sustainable transportation and fitness. The rise of urban cycling and bike-sharing programs has further boosted demand. Additionally, advancements in technology, such as improved materials and electric bike systems, continue to shape the future of the industry.