Mountain Bike Market: 2018 Global Size, Share, Growth Analysis By Key Players - Giant Manufacturing, Trek Bicycle, Specialized Bicycle Components, Cannondale Bicycle, Santa Cruz Bicycles, GT Bicycles, Merida, Kona Bike, Rocky Mountain Bicycles, Marin Bike

Mountain Bike Market Size, Growth, Share, Sales, Trends 2018 Global Industry Analysis Research Report. Mountain Bike Market key companies Products, Business Strategies, Segment Overview, Financials Analysis and Key Developments Forecast to 2023. According to a recent study report published by the Market Research Future, the global Mountain Bike market size will grow at a rapid pace over the forecast period. The market is forecasted to witness slow but steady growth by 2023, which will be a surplus growth at 10% CAGR during the projected period (2016 -2023).

Mountain Bike Market Overview:

Global Mountain Bike Market Information Report By type (Downhill Bikes, Freeride Bikes, Dirt Jumping Bikes), by application (Racing, Amateurish) and By Region - Forecast To 2023.

Get sample copy of “Global Mountain Bike Market Research Report- Forecast 2023” at: https://www.marketresearchfuture.com/sample_request/5165

Mountain Bike key companies analyzed:

Giant Manufacturing Co. Ltd. (Taiwan), Trek Bicycle Corporation (U.S.), Specialized Bicycle Components, Inc. (U.S.), Cannondale Bicycle Corporation (U.S.), Santa Cruz Bicycles (U.S.), GT Bicycles (U.S.), Merida Industry Co., Ltd (Taiwan), Kona Bike (U.S.), Rocky Mountain Bicycles (Canada), Marin Bikes Company (U.S.) and Diamondback Bicycles (U.S.).

Mountain biking is continuing to grow in popularity across the globe. Well-run youth programs provide entry-point to this life-long activity. There are many specific elements which need to be considered while planning a mountain biking event. The most essential element of mountain biking is proper equipment such as a mountain bike and helmet. The terrain where mountain biking takes place is also important. These terrain could vary from simple biking off-road to riding on actual mountain bike trails.

The major challenge faced by the market is development of electric mountain bikes. Continuous advances in design and technology of mountain bikes has led to the development of electric mountain bikes. These help the riders to amplify the pedaling power, which makes mountain biking less fatiguing for the riders. In case of uphill riding, riders choose high level of support from the engine to enhance the riding experience.

Market Research Analysis:

Based on type, the mountain bike market has been segmented as downhill bikes, freeride bikes and dirt jumping bikes. Among these, downhill mountain biking is expected to grow, significantly, over the forecast period. This kind of biking is similar to alpine skiing, but on a bike. Riders start at the peak of a hill or mountain and descend at high speeds. It is the most dangerous form of mountain biking. Downhill courses usually take two to five minutes to complete. Downhill bike riders are allowed the use of ski lifts to get to the top of the runs. Very high speeds are reached while riding downhill, and thus for safety purposes, cyclists often wear a helmet, gloves, and armoured jackets.

Scope of the Report:

This study provides an overview of the global mountain bike market, tracking two market segments across four geographic regions. The report studies key players, providing a six year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.

The scope of the study segments the global mountain bike market by type, application and regions.

By type:

Downhill Bikes

Freeride Bikes

Dirt Jumping Bikes

By Applications:

Racing

Amateurish

By Regions:

North America

Asia Pacific

Europe

Rest of the World 

Browse more details about “Mountain Bike Market Research Report- Forecast 2023” at: https://www.marketresearchfuture.com/reports/mountain-bike-market-5165

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This release was published on openPR.