The bike industry has been shifting towards new technologies and trends. From battery packages with electronic shifters, the next bike has improved significantly with more options. The majority of current road bike enthusiasts transitioned over from mountain biking. With options for increasing comfort and ultra light frame, the next generation of bikers are able to enjoy the advances found in this industry. A compilation of bike company logos from top manufacturers are located below.
The global bicycle industry is expected to see growth in the next five years, estimated $64.1 billion by 2018. This is due to increasing congestion and population growth, along with rising energy costs. The more recent recession did contribute to decreased exports and production, but has been recovering well in recent times.
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