Question

Analyze the bike industry in the US with

The bike industry analysis its scope, its characteristics, it's market and trends. More importantly, it should carry information detailing how a facility of this industry operates, its operational process, the raw materials it may utilize, its equipment and devices, professional qualifications required in order to work in said industry, etc

Answer 1

Us has six billion U.S. dollars bike market. Some famous US based bike brands are trek and redline. Most of bikes are manufactured abroad. US imports bikes from China and Taiwan. There are 15-20 million bikes are sold in US annually.

Mountain and high and bikes are major products that people like most. Bike riding became trend in US in earlier than rest. it shows awareness of owner, because it is eco friendly, creates less pollution, has health benefits that's why bike industry is growing in US.

Growth of Bike manufacturing industry from 2014-2019 was 0.9%. it decreases 0.2% in 2019. The high end or expensive models manufactured in US but affordables are imported. Because US has high labour charges and brand legacy. So around 2% are manufactured in US and rest are imported. Bike makers do advertising by telling the harms of fueled products. And some substitute companies of bike makers gives bikes on rent. US had professionals and engineers who knows only upper class's demand. They are well qualified and most of them are getting high salary from average car engineers.