Tag: Market

The bicycle was introduced in the 19th century in Europe by German Inventor Karl von Drais. He is credited with developing the first bicycle. He introduced it to the people in Paris in 1818. It is supposed to originate from the human-powered vehicle called Draisines. Drais invented a walking machine that would help him get around the royal gardens faster. It was known by many names, including the “velocipede,” “dandy horse,” “hobby-horse,” “draisine” and “running machine. It had no pedals and its frame was a wooden beam. It had two same-size in-line wheels with the front one steerable and mounted in a frame which was straddled. In 1839, Kirkpatrick MacMillan, a Scottish blacksmith, allegedly completed construction of a pedal driven…

Cycling, especially in its sporting form, is inherently related to numbers. Every man and his dog loves to quantify their bike, their bike ride even their next accessory purchase. Total bike weight, average speed or the waterproof rating of a waterproof jacket – the industry is littered with ratings and figures.  Furthermore, as cycling grows in popularity, particularly as a clean, green and healthy means of transport, so does the appetite for cycling and bicycle data. The rise of electric bikes has only served to add fuel to this fire. For stat lovers, policymakers, cycling fans and those who work in the industry, our list of the top bike industry statistics in 2023 compiles a wide variety of figures that…