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Bicycles are a traditional industry with100Over the years, due to environmental and transportation issues, bicycles have once again become a popular transportation and fitness tool for residents around the world, especially in developed countries. The focus of the global bicycle industry is shifting from traditional commuting vehicles to sports, mountain, and leisure vehicles. In developed countries such as the United States, Europe, and Japan, bicycles are a common product for sports, fitness, leisure, and entertainment. Every year, there is a huge demand for bicycles worldwide, especially in JapanCYCLEPRESSAccording to statistics, the global demand for bicycles remains at1.06At the level of one billion units, the annual transaction volume of bicycles is approximately50USD100mn
