The global bicycle market was valued at $84.3 billion in 2025 and is projected to grow from $92.3 billion in 2026 to $180.5 billion by 2033, a CAGR of 10.1%. That growth isn't evenly spread — it's concentrated almost entirely in electrification, urban commuting demand, and a handful of manufacturers who've turned bicycles into a technology category rather than a mechanical one....