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NAICS Code 441227-02 Description (8-Digit)

Bicycle Motors (Retail) is a subdivision of the NAICS Code 441227 that involves the retail sale of bicycles equipped with motors. These bicycles are also known as e-bikes or electric bicycles. The motors on these bicycles can be powered by rechargeable batteries or by pedaling. The bicycles can be designed for on-road or off-road use and can come in a range of styles, including mountain bikes, road bikes, and cruisers. The industry also includes the sale of parts and accessories for these bicycles, such as batteries, chargers, and replacement motors.

Hierarchy Navigation for NAICS Code 441227-02

Tools

Tools commonly used in the Bicycle Motors (Retail) industry for day-to-day tasks and operations.

  • Electric bike conversion kits
  • Torque wrenches
  • Chain breakers
  • Spoke wrenches
  • Crank pullers
  • Bottom bracket tools
  • Tire levers
  • Cable cutters
  • Multitools
  • Pedal wrenches
  • Battery testers
  • Voltage meters
  • Soldering irons
  • Wire strippers
  • Allen wrenches
  • Screwdrivers
  • Pliers
  • Grease guns
  • Chain whips
  • Headset wrenches

Industry Examples of Bicycle Motors (Retail)

Common products and services typical of NAICS Code 441227-02, illustrating the main business activities and contributions to the market.

  • Electric mountain bikes
  • Folding e-bikes
  • Electric road bikes
  • Cruiser e-bikes
  • Fat tire electric bikes
  • Cargo e-bikes
  • Electric tricycles
  • Off-road e-bikes
  • Commuter e-bikes
  • Electric beach cruisers

Certifications, Compliance and Licenses for NAICS Code 441227-02 - Bicycle Motors (Retail)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Bicycle Retailer License: A license required by some states in the US to sell bicycles and related products. The requirements for this license vary by state. No link available.
  • Consumer Product Safety Commission (CPSC) Certification: A certification required by the US government for all bicycles sold in the US. This certification ensures that the bicycle meets safety standards set by the CPSC.
  • Environmental Protection Agency (EPA) Certification: A certification required by the US government for all motorized bicycles sold in the US. This certification ensures that the motorized bicycle meets emissions standards set by the EPA.
  • Occupational Safety and Health Administration (OSHA) Certification: A certification required by the US government for all businesses that employ workers. This certification ensures that the business meets safety standards set by OSHA.
  • Sales Tax Permit: A permit required by some states in the US to sell goods and products. The requirements for this permit vary by state. No link available.

History

A concise historical narrative of NAICS Code 441227-02 covering global milestones and recent developments within the United States.

  • The history of the Bicycle Motors (Retail) industry dates back to the early 1900s when the first motorized bicycles were introduced in Europe. In 1901, the French company, Givaudan, introduced the first commercially successful motorized bicycle, which was powered by a 1.5 horsepower engine. In the United States, the first motorized bicycle was introduced in 1902 by the Indian Motorcycle Company. The industry continued to grow throughout the 20th century, with advancements in technology leading to the development of more powerful and efficient motors. In recent years, the industry has seen a surge in popularity due to the growing demand for electric bicycles, which are more environmentally friendly and cost-effective than traditional gasoline-powered motors. In the United States, the Bicycle Motors (Retail) industry has experienced significant growth in recent years, driven by the increasing popularity of electric bicycles. According to a report by Navigant Research, the global market for electric bicycles is expected to reach $24.4 billion by 2025, with the United States accounting for a significant portion of this growth. The industry has also benefited from advancements in battery technology, which have made electric bicycles more efficient and affordable. Overall, the Bicycle Motors (Retail) industry is poised for continued growth in the coming years, driven by the increasing demand for environmentally friendly transportation options.

Future Outlook for Bicycle Motors (Retail)

The anticipated future trajectory of the NAICS 441227-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Bicycle Motors (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for electric bicycles and the growing popularity of cycling as a means of transportation. The industry is also expected to benefit from the increasing awareness of the health benefits of cycling and the need for eco-friendly transportation options. The COVID-19 pandemic has also contributed to the growth of the industry as more people are looking for alternative means of transportation to avoid public transportation. The industry is expected to continue to grow in the coming years, driven by technological advancements and the increasing demand for electric bicycles.

Industry Innovations for NAICS Code 441227-02

Recent groundbreaking advancements and milestones in the Bicycle Motors (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Electric Bicycles with Longer Battery Life: Electric bicycles with longer battery life have been developed, allowing riders to travel longer distances without having to recharge their batteries frequently.
  • Smart Electric Bicycles: Smart electric bicycles have been developed that can be connected to smartphones and other devices, allowing riders to track their progress, monitor their health, and receive notifications about their bicycle's performance.
  • Lightweight Electric Bicycles: Lightweight electric bicycles have been developed that are easier to carry and transport, making them more convenient for riders who need to travel long distances or carry their bicycles on public transportation.
  • Electric Bicycles with Improved Safety Features: Electric bicycles with improved safety features, such as better brakes and lights, have been developed to make them safer for riders.
  • Electric Bicycles with Improved Design: Electric bicycles with improved design have been developed, making them more stylish and appealing to consumers.

NAICS Code 441227-02 - Bicycle Motors (Retail)

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