Press release
Mountain Bike Market to reach USD 13.86 Bn by 2029, Technological Advancements and Growth Opportunities
Pune 04, May 2023: The global Mountain Bike Market was valued at USD 5.6 Bn in 2021 and is expected to grow at a CAGR of 12 percent from 2021 to 2029, reaching a market value of almost USD 13.86 Bn by 2029.Mountain Bike Market Report Scope and Research Methodology
The market can be segmented by type into Cross Country Bikes, All Mountain Bikes, Downhill Bikes, Freeride Bikes, and Dirt Jumping Bikes. Cross Country Bikes hold the largest market share due to their popularity and widespread use in riding for longer durations through forests and nature trails. All Mountain Bikes are designed for riding through mountainous terrain and rough patches of land and are extremely durable.
The report provides a comprehensive analysis of the global Mountain Bike Market, including the research methodology, market dynamics, drivers, restraints, and regional insights. The report covers all aspects of the industry, including key players, market leaders, followers, and new entrants. The report also includes a PORTER and PESTEL analysis with the potential impact of micro-economic factors on the market.
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Mountain Bike Market Dynamics
Mountain bicycles, commonly referred to as mountain bikes, are designed for off-road cycling. They offer greater durability and performance in choppy terrains and are usually ridden on mountainous regions that have hard rocks, loose dirt, muddy or grassy tracks, and steep slopes. The sales of mountain bikes have gradually risen over the years with new players entering the market with new and better products. Mountain biking tourism is also acting as a catalyst for economic development in several emerging countries all over the world.
The report covers various aspects of the mountain bike market, including its dynamics, segment analysis, regional insights, and research methodology. The report identifies the growth in women mountain bikers as one of the key drivers of the global mountain bike market. There is a rise in the number of women mountain bikers, and many leading mountain bike manufacturers have also increased the development of bikes especially for women.
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Mountain Bike Market Regional Insights
North America is expected to account for the largest market share due to the high popularity of mountain biking adventure sports, organized nature of mountain biking sporting bodies, and large competitions such as the National Mountain Bike Series. Europe and the Asia-Pacific region are also expected to generate significant growth in the market.
Mountain Bike Market Segmentation
By Type:
• Cross Country Bikes
• All Mountain Bikes
• Downhill Bikes
• Freeride Bikes
• Dirt Jumping Bikes
By Application:
• Racing
• Leisure
By Products:
• E-mountain Bikes
• Standard Mountain Bikes
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Mountain Bike Market Key Competitors include:
• Giant Bicycles
• Cannondale
• Pivot Cycles
• TRINX
• SCOTT Sports
• Trek Bicycle Corporation
• XDS BICYCLES
• Xidesheng Bicycle Company
• CUBE Bikes
• Diamondback Bicycles
• Beistegui Hermanos SA
• Cycling Sports Group Inc.
• Derby Cycle Holding GmbH
• Dorel Industries Inc.
• Merida Industry Co. Ltd.
• GT Bicycles
• Norco Bicycles
• Santa Cruz Bicycles LLC
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Table of Content for Mountain Bike Market
Global Mountain Bike Market: Research Methodology
Global Mountain Bike Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Mountain Bike Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Mountain Bike Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by Products (2021-2029)
Regional Mountain Bike Market (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Products (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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https://www.maximizemarketresearch.com/market-report/global-mountain-bike-market/56758/
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Application and Products
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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