Press release
Mountain Bike Market: Top Global Companies, Business Insights, Opportunities, Regional Overview, Strategies, and Size Forecast Until 2034
The mountain bike market size was valued at USD 9.17 million in 2022. It is projected to grow to USD 26.41 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 11.2% from 2023 to 2032.๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
A mountain bike is a bicycle specifically made for cycling on unpaved surfaces. Its robust tires have deep treads to enhance grip on uneven surfaces, including dirt paths, stones, and gravel. Mountain bikes feature a sturdy frame, suspension systems (either front or full), and gears designed to tackle steep slopes, rough terrain, and tough conditions. They are favored for leisure cycling, competitive racing, and outdoor excursions.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/mountain-bike-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
The increasing disposable income in emerging markets also aids the market's expansion, with more buyers ready to spend on high-end mountain bikes. Women engaging in mountain biking leads to a rise in the need for mountain bikes designed specifically for women.
The market further benefits from the increasing environmental consciousness and demand for eco-friendly transportation alternatives. This trend has resulted in an increased demand for environmentally friendly mountain bikes with a low ecological footprint.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
In a highly competitive industry, leading competitors continually strive to innovate and distinguish their products to gain a competitive advantage in the market. Here is the list of the leading companies operating in the mountain bike market:
BH BIKES EUROPE SL
Pivot Cycles EU GmbH
Marin Mountain Bikes Inc.
XDS Bike Co.
Alta Cycling Group
Grimaldi Industri AB
Kona Bicycle Co.
Rocky Mountain Bicycles
Merida Industry Co. Ltd.
Pending System GmbH & Co. KG
LAPIERRE SA
Giant Manufacturing Co. Ltd.
santa Cruz Bicycles LLC
Guangzhou Trinity Cycles Co. Ltd.
Trek Bicycle Corp.
Norco Bicycles
Pon Holdings BV
Fuji Bikes
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/mountain-bike-market/request-for-discount-pricing
๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The mountain bike market is mainly segmented based on type, application, distribution channel, and region. Based on type analysis, in 2022, the cross country mountain bike segment held the largest market share. The increasing frequency of cross country contests and activities boosts the need for high-performance mountain bikes that can navigate tough landscapes and steep ascents.
Mountain Bikes, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Cross Country Mountain Bike
Downhill Mountain Bike
Freeride Mountain Bike
Dirt Jumping Mountain Bike
Trail Mountain Bikes
Others
Mountain Bikes, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Leisure
Competition
Mountain Bikes, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)
Specialty Bicycle Retailers
Mass Merchants, Full-Line Sporting Goods Store
Outdoor Specialty Store
Others
Furthermore, according to the application analysis, the leisure segment is anticipated to witness substantial growth over the projection period because of the increasing enthusiasm among youth globally for trekking and leisure pursuits. This trend is anticipated to persist as an increasing number of individuals look for healthy and eco-conscious options for their leisure activities.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/mountain-bike-market/inquire-before-buying
๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
Cross country mountain bike segment is accounted for the largest market share, due to the rising number of cross-country competitions which is rising the demand for high-performance bikes.
Leisure segment is anticipated to have significant growth over the projected period because increasing in the interest of people in trekking and recreational activities.
Specialty bicycle retailers' segment is anticipated to grow at the fastest revenue CAGR due to the rising demand for sports bicycles and increasing the number of specialty bicycle retailers.
North America is expected to lead the market during the forecast period, due to increasing the number of mountain biking competitions, and also the region has a strong culture of recreational activities.
The global key market players include Rocky Mountain Bicycles, Merida Industry Co. Ltd., Pending System GmbH & Co. KG, LAPIERRE SA, Giant Manufacturing Co. Ltd., Santa Cruz Bicycles LLC., BH BIKES EUROPE SL, Pivot Cycles EU GmbH, Marin Mountain Bikes Inc., XDS Bike Co., Alta Cycling Group, Grimaldi Industri AB, Kona Bicycle Co, Guangzhou Trinity Cycles Co. Ltd., Trek Bicycle Corp., Norco Bicycles, Pon Holdings BV, and Fuji Bikes.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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https://www.polarismarketresearch.com/industry-analysis/ev-charging-cables
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https://www.polarismarketresearch.com/industry-analysis/in-vehicle-payment-services-market
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https://www.polarismarketresearch.com/industry-analysis/automotive-lightweight-material-market
Automotive Finance Market
https://www.polarismarketresearch.com/industry-analysis/automotive-finance-market
Electric Truck Market
https://www.polarismarketresearch.com/industry-analysis/electric-truck-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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