Shimano’s Bicycle Division Sales Approach Four Billion Dollars

Shimano HQ Sydney

Shimano is in no immediate danger of losing its position as the world’s largest bicycle business as measured by sales revenue. Because it has such a large market share for bicycle components, particularly across developed nations such as Australia, Shimano’s sales are a very approximate but useful gauge to the health of the global bike…

Pioneer Sells Its Cycling Assets to Shimano

Electronics giant Pioneer has been developing cycling related products since 2013, in particular, power meters, but has now reached an agreement to sell of its cycling related assets to Shimano. In a press release Pioneer said, “Pioneer will transfer the assets of these technologies and conclude its related operations. Sales by Pioneer of pedalling monitors,…

New Survey Reveals Market Rankings for Ebike Drives

Eurobikes graph

Bosch is the number one brand of ebike drive systems based upon a survey of all bikes exhibited at this year’s Eurobike Show, which was held from 4th – 7th September this year. German based specialist ebike media company ExtraEnergy, surveyed every single bike on display at this year’s show. In total there were 3,952…

Shimano Files for Anti-Lock Brakes Patent

Shimano Brakes

Shimano has filed a patent for an ABS braking system for bikes. This move suggests that they may release its own version of the trending technology sometime in the future. In the patent text, it appears the ABS system is designed with e-Bikes in mind (‘a vehicle that at least partially uses human force as…

Giant & Shimano Trading Strongly

Giant E-mtb

Two of the cycling world’s best known manufacturers have released their latest financial reports showing strong sales and profits over recent months. On 19th March Giant announced that its sales for 2018 grew 9.1% over 2017 to NT60.24 billion (A$2.83 billion) with net profit up 46.3% to A$203 million. Giant said that strong ebike demand…