The Bicycle is the curious vehicle; Only Vehicle with its passenger as an engine.
The Bicycle is the curious vehicle; Only Vehicle with its passenger as an engine.
In the last centuries, the means we use public transport was changed from the horseback riding to the extensive use of bicycles. Around the turn of the 20th century, bicycles overcame crowding in inner-city projects by allowing workers to change from more spacious dwellings in the areas. They also decreased dependence on horses. Bicycles permitted people to travel for leisure into the country.
Many major discoveries have dramatically modified the bicycle’s form and focus over the years. Earlier designs had two wheels, but no access to steering and even needed a running start. One at a beat, features were gradually developed such as mechanisms to steer, a way to drive the bicycle forward without touching the ground, and a way to slow and stop the cycle.
Leading exporters on a bicycle:
Bicycle manufacturing established to be a drill ground for other industries and led to the growth of advanced metalworking techniques. (1) Although bicycles are manufactured in dozens of countries, the top five producers are China, India, the European Union, Taiwan, and Japan – are responsible for 87% of global production. (2) In the present world, International sales for bicycles exports by country totaled US$9.2 billion in 2018.
Overall the value of exported bicycles dropped by an average -2.5% for all exporting countries since 2014 when worldwide shipments of bicycles were valued at $9.5 billion. Year over year, exports of bicycles appreciated by 2.3% from 2017 to 2018. (3)
China alone had 58 percent of the global market in 2017. The following year, 2018, was a record year for the production of bicycles in China with a 16% rise in the production of bicycles and E-Bikes to a total of 80,430,000 units produced, of which about 65% were transported. The People’s Republic of China today contributes over 60% of the world’s bicycles. 86% of the bicycles traded in the US imports from China. (4)
Total GDP value on bicycle’s production:
Here are the 16 countries that exported the highest dollar value worth of bicycles during 2018.
China: US$3.3 billion (35.5% of total bicycles exports)
Taiwan: $1.5 billion (16.2%)
Netherlands: $765.4 million (8.3%)
Germany: $608.3 million (6.6%)
Cambodia: $446.3 million (4.8%)
Portugal: $276 million (3%)
Italy: $235 million (2.5%)
Belgium: $207.6 million (2.2%)
Spain: $166.1 million (1.8%)
Poland: $161.2 million (1.7%)
France: $160.7 million (1.7%)
Bulgaria: $144.9 million (1.6%)
Czech Republic: $111.8 million (1.2%)
Romania: $105.8 million (1.1%)
United Kingdom: $102 million (1.1%)
India: INR 1.8 trillion (1.6%)
The listed 16 countries transported 89.5% of global bicycles exports in 2018 by value. (5)
The economic growth of a nation:
As experiments were done all over the world, which results that hundreds of families have bestowed that a bicycle can develop a poor family’s income as much as 35%. Transport, if investigated for the cost-benefit analysis for rural poverty alleviation, has produced one of the best returns in this regard. (6) Road investments in India were a staggering 3–10 times more powerful than almost all other investments and support in rural economy in the decade of the 1990s. What a road does at a macro level to develop transport, the bicycle supports at the micro level. The bicycle, in that thought, can be an outstanding poverty-eradication tool in poor nations. (7)
Bicycles offer a major mode of transport in many developing countries. Until recently, bicycles have been a staple of daily life throughout Asian countries. They are the most commonly used method of transport for traveling to work, school, shopping, and life in general. #WorldBicycleDay.
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