One should see this list of luxury & expensive bicycle brands in the world in 2024 because more money can buy more comfort. Bicycles are not just one’s necessity it serves a lot of purposes like sports, hobbies, workouts, fashion, etc.
Bicycle is being used as the cost-effective means for transportation, way of maintaining good health including hobby & passion. It is environment-friendly and easy maintenance that’s why cycling is very popular all over the world.
The global bicycle market value was $50 billion in 2019 which is expected to reach $62 billion in the next 5 years. As the market is getting bigger the bicycle manufacturers are in close competition in providing the best specifications which carry higher price tags.
Here is the list of the world’s top expensive bicycle brands in 2024 including price, images, popularity, specification, location, etc.
01. Raleigh Bicycle
Net Worth: $1.8 Billion
Founded: 1888
Founders: Frank Bowden, Richard Woodhead and Paul Angois
CEO: N/A
Country: United Kingdom
Headquarters: Eastwood, Nottinghamshire, United Kingdom
Products: Bicycles, Electric bicycles
Parent Organization: Accell
Best Creations: Tokul 3
Price: $1,760 USD
Raleigh Bicycle is the most expensive bicycle brand in the world in 2024. Founded in 1885 by Woodhead and Angois, this company is one of the most renowned and ancient bicycle companies till date.
It was acquired by Frank Bowden in December 1888 and became The Raleigh Cycle Company. Then in 1889, it completed its registration as a limited liability company. It became the world’s biggest bicycle manufacturing company by 1913. It is a United Kingdom based private company which was purchased by a separate Dutch group Accell in 2012.
By applying Raleigh as their brand name, in the Great British Design Quest arranged by the BBC and the Design Museum, a model named the Raleigh Chopper was listed in the British design icons in 2006. But their best creation is Tokul 3. It costs around 1,760 USD. They manufactured some motorcycles and three wheel cars in the first half of the twentieth century. Now the company is worth 1.8 billion USD.
02. Specialized
Net Worth: $700 Million
Revenue: $500 million USD
Founded: 1974
Founders: Mike Sinyard
CEO: Mike Sinyard
Country: United States
Headquarters: Morgan Hill, CA
Products: Bicycle and Related Components
Parent Organization: N/A
Best Creations: Turbo Vado SL 5.0 EQ
Price: $4,500 USD
One of the biggest names as a bicycle brand in the contemporary era is Specialized. It was established by a cycle enthusiast Mike Sinyard. After starting in 1974, it became one of the renowned brands in the field of Grand Tour races and World Champions.
It is an American company which is mainly famous for road bikes. But their mountain bikes, kids bikes, BMX, adventure, and recreation bikes are also top notch quality. It also produces bicycle related components. Among many famous cycles, Turbo Vado SL 5.0 EQ is undoubtedly their best creation. It costs around 4500 US Dollar. This private company is worth 700 million US Dollar with 500 million Dollar Revenue.
03. Trek
Net Worth: $1 Billion
Headquarters: Waterloo, Wisconsin, USA
Founded: 1975
Products: Trek Butterfly Madone, Trek Yoshimoto Nara, Trek Madone Kaws, etc.
Best Creation: Trek Butterfly Madone
Price: $500,000
Trek is undoubtedly one of the most expensive bicycle brands in the world till 2024. This US based company was founded in 1975. At that time, Japanese and Italian bicycles were at the peak of popularity. They started with making frames of steel and then moved on making road and mountain bikes.
They arranged some racing campaigns and succeeded to become famous. This private company has manufactured some famous and amazing bicycles such as Trek Butterfly Madone, Trek Yoshimoto Nara, Trek Madone Kaws. But their best creation is Trek Butterfly Madone. It cost around 500000 USD. They also produced cyclocross, gravel, and e-bikes. Though it is a US based company, they mainly manufactured products outside mainly in Netherlands, Germany, Taiwan and China. Intrepid Corporation, as the parent company, is worth around 1 billion USD.
04. Cannondale
Net Worth: $1.2 Billion (Dorel)
Founded: 1971
Founders: Joe Montgomery
CEO: Peter Woods
Country: United States
Headquarters: United States, Wilton, CT
Products: Bicycle and Related Components
Parent Organization: Dorel Industries
Best Creations: SuperSix EVO Neo1
Price: 10,000 USD
Cannondale Bicycle Corporation is a subsidiary company which was established in 1971. Dorel Industry of Canada is the parent organization of Cannondale. It is a USA based company which started with making aluminum racing and touring frames.
Then it started to make mountain bike frames. Being one of the most famous and relatively new bicycle brands in the world, it is one of the foremost producers to use carbon fiber in bike manufacturing. It became very popular by making firm and excellent bicycles.
Its best creation is the Super said Six EVO Neo1. It costs around 10000 USD. The Dorel Organization is worth almost 1.2 billion US Dollar. They also make different kinds of bikes such as road, mountain, electric, women’s, fitness, and many more. Though its headquarters are in Wilton, Connecticut, United States of America, it manufactures and assembles products mainly in Taiwan.
05. Cervelo
Net Worth: $2.18 Billion
Headquarters: Toronto, Ontario Canada
Founded: 1996
Products: RS, R5D, T5GB, etc.
Best Creation: Chrome Hearts X Cervelo
Price: 60,000
Cervelo Cycles is a relatively new bicycle company in the list which has gained name and fame very quickly. Cervelo is also considered as the expensive bicycle brand because they produce the most expensive bicycles ever.
This private company was established in 1996. This is a well renowned Canadian company which manufactures racing and track bicycles. To maintain the highest quality standard they Use CAD, computational fluid dynamics, and wind tunnel testing at a number of facilities including the San Diego Air and Space Technology Center, in California, US.
Their name became very common because of sponsoring elite athletes. By using carbon fibre as the frame material, at present Cervelo is producing 5 types of model such as C Series, R Series, S Series for road, P Series for time trial or triathlon and T series for track. . Their best creation is Chrome Hearts X Cervelo. It costs 60000 US Dollar. The company is worth 2.18 billion US Dollar.
06. Bianchi
Net Worth: $500 Million
Annual Revenue: $30 million
Founded: 1885
Founders: Edoardo Bianchi
CEO: Fabrizio Scalzotto
Country: Italy
Headquarters: Treviglio, Italy
Products: Bicycles
Parent Organization: Grimaldi Industri
Best Creations: Specialissima Dura Ace Di2
Price: $12,500 USD
Founded by Edoardo Bianchi in 1885, Bianchi is currently the oldest bicycle company in the world. It is also one of the most expensive bicycle brands in the world till 2024.
It always maintains its quality by producing equal sized wheels with pneumatic rubber tires. People can identify this brand by seeing “Celeste #227” painter in turquoise-blue colour. It is well known in the racing world. Moreover, this Italian brand also manufactures high quality mountain bikes, e-bikes, and hybrids. Cycleurope Group is their parent organization.
They had produced motorbikes for 70 years. Among many amazing bicycles, Specialissima Dura Ace Di2 is their best creation. It costs around 12500 US Dollar. With 30 million US Dollar yearly revenue, this brand is worth 500 million US Dollar.
07. Diamondback
Net Worth: $500 Million
Founded: 1977
Founders: Regent, L.P
CEO: Rick Tollakson
Country: United States
Headquarters: Kent, Washington, United States
Products: Bicycles
Parent Organization: N/A
Best Creations: Release 5C Carbon
Price: $4,200 USD
Acquired by global private equity firm Regent, L.P., Diamondback Bicycles is one of the biggest and expensive cycle brands in the world in 2024.
Western States Imports founded this brand in 1977 with BMX bikes. Then they started making top quality mountain bikes, road bikes, fitness and kids’ bikes. By maintaining a great selling strategy online, they have been able to sell bicycles at a lower rate.
So they are very popular for selling top notch bicycles with cheaper prices. This American company exports cycles all over the world such as Canada, Australia, United Kingdom and so on. Release 5C Carbon is their best creation which costs around 4200 US Dollar. This Washington based brand is worth about 500 million US Dollar.
08. Kona Bicycle Company
Net Worth: $500 Million
Annual Revenue: $5.2 Million USD
Founded: 1988
Founders: Dan Gerhard, Jacob Heilbron
CEO: Dan Gerhard
Country: United States
Headquarters: Ferndale, WA
Products: Bicycle and Related Components
Parent Organization: N/A
Best Creations: Process 134 CR/DL 29
Price: $6,000 USD
Kona Bikes was founded in 1988 by Dan Gerhard and Jacob Heilbron. Though it started its journey in Saudi Arabia, now its headquarter is in Washington, United States of America. It is an expensive bicycle company by popularity.
This private company uses carbon fibre, titanium, aluminum and steel to produce bikes. Kona’s high quality road bikes, commuter, cyclo-cross and mountain bikes are sold in more than 60 countries all over the world. About 6000 US Dollar worth Process 134 CR/DL 29 models is undoubtedly their best creation.
This well renowned brand supports bicycle racing and many elite cyclists joined their team. Kona Bicycle Company is still owned by Dan Gerhard and Jacob Heilbron now worth 500 million US Dollar with 5.2 million US Dollar annual revenue.
09. Scott Sports
Net Worth: $800 Million
Revenue: $665 million
Founded: 1958
Founders: Ed Scott
CEO: Beat Zaugg
Country: Switzerland
Headquarters: Givisiez, Switzerland
Products: Bicycle
Parent Organization: Youngone Trading
Best Creations: SCOTT Spark RC 900 SL AXS Bike
Price: $12,000 USD
Scott Sports SA is Swiss brand which was established as Scott USA in 1958. Founded by Ed Scott, they innovated the clip-on aerodynamic handlebar, an important innovation for cycling.
They produced a road bike frame in 2001, weighing only 895 grams, was the lightest frame in the market in contemporary time. They not only produce bikes but also winter equipment, motorsports gear and sportswear. With the headquarter in Givisiez, Switzerland, they have lots of branches in Europe and in the United States, South Africa and India.
Youngone Trading is their parent organization. In the list of their amazing creations, SCOTT Spark RC 900 SL AXS Bike is certainly the best. It costs around 12000 US Dollar. With the revenue of 665 million US Dollar, this brand is currently worth 800 million US Dollar.
10. Tiffany and Co.
Net Worth: $2 Billion
Headquarters: New York, USA
Founded: 1837
Products: Silver Mounted Lady’s Bike
Best Creation: Silver Mounted Lady’s Bike
Price: $70,000
Charles Lewis Tiffany and John B. Young established the Tiffany and co., formerly known as Tiffany, Young and Ellis in 1837. Tiffany and Co is an expensive jewellery brand in the world which produces the most expensive bicycles as well.
This 183 years old company is known for jewelry, sterling silver, china, crystal, stationery, fragrances, water bottles, watches, personal accessories, and leather goods but it is famous for its luxury goods such as diamond and sterling silver jewelry. Though it is a jewelry brand, it manufactured a durable silver bike for women.
As a result, it became a famous bicycle model. This American brand is not actually a professional bicycle brand. However, Silver Mounted Ladies Bike, its best creation costs around 70000 US Dollar. At present this company is worth almost 2 billion US Dollar.
11. Montante
Net Worth: $1.2 Billion
Revenue: $900 million USD
Headquarters: Italy
Founded: 1908
Products: Lux, City Dream Man, Roma, etc.
Best Creation: Montante Luxury Gold
Price: $46,000
Montante is an old and popular brand for luxurious products in the world. It was established in 1908. Lux, City Dream Man, Roma, etc. are its famous products. But it also makes luxurious bicycles. Montante Luxury Gold, a women’s bike is its best creation. This incredibly designed bike is covered with 24 karat gold leaf and 1000 Swarovski stones.
The comfortable seat is made of pure leather with a cushion. Its other unique features are leather saddle, traditional dynamo, road brakes, and hand-sewn python leather grips. The delicate design attracts each and everyone. This luxurious bicycle costs 46000 US Dollar. The Italian brand is worth 1.2 billion US Dollar with 900 million US Dollar revenue.
12. Factor
Net Worth: $600 Million
Headquarters: Norfolk, England
Founded: 2007
Products: The One, Vista, the VAM, etc.
Best Creation: Factor Aston Martin One-77
Price: $39,000
Factor is a relatively new brand which was established in 2007 in Norfolk, England and owned by Rob Gitelisand Baden Cooke. Factor is really an expensive bicycle brand in the world in 2024.
They started as an engineering firm and worked with some popular, fastest, renowned brands in the world such as Ferrari, Aston Martin, Lamborghini, Maserati and many F1, Moto GP and WRC teams. They make advanced designed bikes with carbon fibre.
With advanced engineering technology, they give excellent performance with speed and aerodynamics. Among many advanced bikes, Factor Aston Martin One-77 is certainly their best creation so far. It costs 39000 US Dollar. This British brand is worth 600 million US Dollar.
13. KGS
Net Worth: $1.5 Billion
Headquarters: San Antonio, Texas
Founded: 2004
Products: Sinclair, Memo MTN, Eileen MTN, etc.
Best Creation: KGS Tier 3
Price: $30,000
KGS is a American expensive bicycle company which was established in 2004. They gained popularity by providing high quality bikes. Kevin Saunders, the president of this Texas based brand is a knowledgeable man with experience and skill of high technology.
He uses these in the making of excellent quality bikes. These luxurious bikes are sold at a high price. As a result these are entered into the list of the most expensive bicycles in the world. Among these bikes, KGS Tier 3 is their best creation. It costs about 30000 US Dollar. The producers etch fine woodwork in the bike with comfortable seats. The company is worth 1.5 billion US Dollar.
14. Litespeed
Net Worth: $1.7 Billion
Headquarters: Chattanooga, TN, USA
Founded: 1986
Products: Pinhoti SL, Citico, Sewanee, etc
Best Creation: Litespeed Blade
Price: $40,788
Litespeed started its journey in 1986 and is still considered as one of the most expensive bicycle brands in the world. The Lynskey family established it in Tennessee.
Litespeed is famous for making titanium and carbon fiber frame road racing bicycles and mountain bikes. They also make road bikes, time trials and bikes for gravel roads. This prominent brand uses 6/4 titanium gives better to weight ratio but more troublesome to work with.
The AeroLogic feature used in Litespeed’s C-Series, provides aerodynamic elements into frame design with no excess weight. Litespeed uses Reactive Pressure Molding technology which provides weight reduction, increased stiffness, and improved durability. Their best creation, Litespeed Blade, costs around 40788 US Dollar. This American brand is worth 1.7 billion US Dollar. Litespeed has been working with NASA on projects.
15. Schwinn Bicycle Company
Net Worth: $1.2 Billion (Dorel)
Founded: 1895
Founders: Ignaz Schwinn
CEO: Edward Schwinn
Country: United States
Headquarters: Vancouver, Washington, USA
Products: Bicycle
Parent Organization: Dorel Industries
Best Creations: Paramount Force
Price: $4,900 USD
Schwinn Bicycle Company was founded by Ignaz Schwinn as Arnold, Schwinn & Company in 1895. This very old company was the leading brand in the twentieth century. They make various types of bicycles such as cruisers, mountain, road, hybrid, kids, electric etc.
It makes both affordable and expensive which is known as the Signature Series bicycles. Schwinn is a Chicago-based company that was established in 1895. At one point in their history, they were the most successful cycling company in all of the US.
However, in 1992 they declared bankruptcy and were bought by Dorel Industries. Paramount Force is their best creation. It costs around 4900 US Dollar. This company was bankrupt in 1992 and then purchased by Pacific Cycle of Dorel Industries.
16. Giant Bicycles
Net Worth: $1 Billion
Founded: 1972
Founders: King Liu
CEO: Young Liu
Country: Taiwan
Headquarters: Dajia, Taichung, Taiwan
Products: Bicycles
Parent Organization: N/A
Best Creations: Anthem Advanced Pro 29
Price: $12,300 USD
Like the name, Giant Manufacturing Co. Ltd., generally known as Giant is the largest and expensive bicycle manufacturing brand in the world. This Taiwan based brand has production factories not only in Taiwan but also Netherlands, Hungary and mainland China.
It was established by King Liu in 1972. One of its main reasons behind popularity is it produces bikes in all ranges so that everyone can buy their bicycles easily. It produces top-of-the-line road bikes, mountain bikes, electric bikes, BMX bikes and many more.
This amazing brand invests a lot in research. As a result they produce some fantastic bikes. Anthem Advanced Pro 29 is surely their best creation. It costs around 12300 US Dollar. Currently this company is worth 1 billion US Dollar. It sponsors lots of cycling teams and athletes.
17. Pure Cycles
Net Worth: $30 Million
Founded: 2010
Founders: Jordan Schau, Zachary Schau, Austin Stoffers
CEO: Mike Otworth
Country: United States
Headquarters: Los Angeles, CA, United States
Products: Bicycles & Bicycle Accessories
Parent Organization: JBI, LLC
Best Creations: Pure Cycles Capacita
Price: $2,500 USD
Pure Bicycle is one of the novel markets which has taken over the market very quickly. Michael Fishman, Jordan Schau, Zachary Schau and Austin Stoffers established this company as Pure Fix Cycles in 2010. This American private company mostly sells bikes in the USA, Canada and Europe.
It is famous for its attractive looking and highly designed bicycles. The glow in the dark bicycle was brought first by them. Specially it has brought some very cool looking bikes for teenagers. In general they build a range of steel frames and single or fixed gear with a freehub.
But they also manufacture geared roads and women’s step-through frames. Nevertheless, Pure Cycles Capacita is their best creation. It costs around 2500 US Dollar. It was sold recently to JBI.bike on 20 April, 2020. This brand is now worth 30 million US Dollar.
18. Huffy
Net Worth: $1.1 Billion
Total Revenue: $750 million USD
Founded: 1892
Founders: George Huffman
CEO: Claude Joseph Jordan
Country: United States
Headquarters: Miamisburg, OH, USA
Products: Bicycles
Parent Organization: N/A
Best Creations: Hyde Park Men’s 3
Price: $300 USD
The Huffy Corporation is a very old but advanced bicycle brand in the world. Founded by George Huffman, this renowned bicycle brand started its journey 129 years ago, in 1892.
This is a Ohia based private American brand. But it manufactures cycles mainly outside the USA. After seeing many ups and downs in this long period of time, Huffy is now one of the leading brands not only in the USA but also all over the world.
Because of the rich research, it has produced many famous products. One of their famous inventions was “The Penguin” which was the first of the banana-seat chopper bicycles sold in the market of the United States of America. But Hyde Park Men’s 3 is surely their best creation. It costs around 300 US Dollar. This brand is currently worth 1.1 billion US Dollar with 750 million US Dollar revenue.
19. Aurumania
Net Worth: $800 Million
Headquarters: Scandinavia
Founded: 2008
Products: Gold Bike Crystal Edition
Best Creation: Gold Bike Crystal Edition
Price: $114,000
Auramania is a French company established in 2008. This company mainly makes luxurious bicycles with gold. Gold Bike Crystal Edition is their best creation which comes up with 24 karat gold-plated frame, wheels, spokes and 600 Swarovski crystals.
It is a golden colour looking bike and is a rare product in the collection of luxury bikes. The limited-edition number is designed in the leather baggage at the front. The comfortable seat is made with high quality, fine leather. The brand has manufactured only 10 Aurumania Crystal Edition Gold Bikes in the world. This rare and valuable mountain bike’s price is almost 114,000 US Dollar. Aurumania is currently worth 800 million US Dollar.
20. Krencker
Net Worth: $500 Million
Headquarters: Denmark
Founded: 2010
Products: The Luxury Bicycle
Best Creation: The Luxury Bicycle
Price: 34,425
Established in 2010, Krencker is the manufacturer of luxurious bicycles. Its headquarter is situated in Denmark. Its best creation up until now is “Bicyclettes de Luxe” or The Luxury Bicycle made with carbon fiber, chrome and the frame is made with Cyfac.
It is an attractive bicycle with outstanding design and glossy painted outlook. Even the disc brakes are made with excellent designs which enhance its beauty. This rare, creative, outstanding model was designed by Phanuel Krencker for the 7th edition of the North American Handmade Bicycle Show. This luxurious bicycle costs 34425 US Dollar. This brand is worth 500 million US Dollar.
Final Thoughts:
The necessity and the luxury both are considered in the 21st century and the manufacturers are aiming to offer the best of both dimensions. Automated bicycles were not inserted in this list because bicycles should always be considered like they used to be, pure and full harmony with nature and always have so much to offer.
#Top 10 Expensive Bicycle Brands in the World 2024
- Raleigh Bicycle – Net Worth: $1.8 Billion
- Specialized – Net Worth: $700 Million
- Trek – Net Worth: $1 Billion
- Cannondale – Net Worth: $1.2 Billion
- Cervelo – Net Worth: $2.18 Billion
- Bianchi – Net Worth: $500 Million
- Diamondback – Net Worth: $500 Million
- Kona Bicycle Company – Net Worth: $500 Million
- Scott Sports – Net Worth: $800 Million
- Tiffany and Co. – Net Worth: $2 Billion
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