Press release
Mountain Bike Market Analysis From 2018 TO 2023: By Size, Share, Trends, Growth, Downhill Bikes, Freeride Bikes, Dirt Jumping Bikes
Market Highlights:
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
Key players in Mountain Bike market mentioned:
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.).
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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.
Market Segmentation:
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.
Regional Analysis:
Geographically, the global mountain bike market has been divided as four major regions such as North America, Europe, Asia Pacific and Rest of the World. North America region is expected to dominate the global mountain bike market over the forecast period owing to the existence of countries such U.S and Canada. Canada has a large number of mountain biking operators who offer various types of mountain biking including downhill, cross country, freeride, and dirt jumping. Operators who run ski resorts during winters take advantage of summer activities and provide trails for mountain biking. In U.S., NORBA, as part of USA Cycling, runs the National Mountain Bike Series, and the NCCA is the governing body for collegiate cycling. The growth of the mountain bike market would be followed by Asia Pacific and Europe region respectively. Initiatives by these governing bodies drive the growth of the market in the region.
Major Table of Content:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Mountain Bike Market, By Type
6 Global Mountain Bike Market, By application
7 Global Mountain Bike Market, By Region
8 Competitive Landscape
9 Company Profiles
Browse more details about “Mountain Bike Market Research Report - Forecast to 2023” at: https://www.marketresearchfuture.com/reports/mountain-bike-market-5165
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