Press release
Latest Research Report on Mountain Bike Market 2018 – 2026 studies Industry Growth Factors with Leading Manufacturers like: Trek Bicycle Corporation, Cannondale Bicycle Corporation, Diamondback Bicycles, XDS Bikes, Scott Sports SA and Giant Manufacturin
Mountain Bikes are bicycles designed for off-roading and high-performance cycling. These bikes are manufactured to endure rough terrains and mountainous regions while offering high durability and performance. These are categorized into cross country mountain bikes, downhill mountain bikes, freeride mountain bikes, and dirt jumping bikes among others.According to a new study published by Polaris Market Research the Mountain Bike Market is estimated to reach USD 3,585 million by 2026 and is anticipated to grow at a CAGR of 10.3% during the forecast period.
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The demand for mountain bikes has increased over the years owing to increasing demand for electric mountain bikes, and growing environmental concerns. The demand for sports and adventure activities has significantly increased the adoption of mountain bikes. The increasing initiatives from governments and private organizations to promote sports activities and support the participation of women in adventure activities further supports Mountain Bike Market growth. Growing demand from emerging economies, increasing tourism activities, and technological advancements are expected to provide numerous growth opportunities in the coming years.
Following are the Top Key Players in Mountain Bike Market: -
Bicycle Corporation
Cannondale Bicycle Corporation
Diamondback Bicycles
XDS Bikes
Scott Sports SA
Giant Manufacturing Co. Ltd.
Pivot Cycles
Trinx Bikes
Xidesheng Bicycle Company
Rocky Mountain Bicycles
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Mountain Bike Market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
Mountain Bike Market report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the market. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific. North America generated the highest revenue in 2017 owing to increasing tourism industry, and growing trend of adventure sports in this region. The high purchasing power of consumers, and technological advancements drive the market growth in the region.
TOC of Mountain Bike Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3. Mountain Bike Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
TOC Continued…...!!!
About Us:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
Contact Us:
Mr. Neel
Corporate Sales, USA
Polaris Market Research and Consulting
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
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