Mountain Bike Market: 2018 Global Industry Drivers, Opportunities, Trends, Share, Size, And Key Country Analysis To 2023

“Mountain Bike Market”
Market Research Future published research report on “Global Mountain Bike Market 2018 – Forecast to 2023 ” provides detailed Mountain Bike Market Analysis, Scope, Stake, Progress, Trends and Size, Share, Opportunity, and Regional Forecast. Mountain Bike market sales is to expand at the highest growth rate by 2023.

Mountain Bike Market Highlights:

A mountain bike or a mountain bicycle is primarily a bicycle, which is designed for activities such as off-roading and high-performance cycling. The mountain bikes are designed to be extremely durable and can perform with enhanced durability in rough terrains and mountainous regions. Mountain bikes generally include a set of suspension system either on the front and the rear end, or only the front end, or without a suspension system. Suspension ensures riding comfort by absorbing majority shocks. Thus, the bike rider fatigue is reduced drastically since majority shocks from the bike chassis are not transferred. The suspension system has to be made from durable and high-quality material, which is capable of withstanding high amount of repetitive actions and severe shocks & loads. The suspension should also withstand force, which is not exerted always in a linear fashion along the line of the suspension axis. A set of gears having a low gear ratio for ascending steep inclines, a high gear ratio for descending steep terrains, and a set of large, bulky & corrugated tires are some of the highlighting features of these bikes. These bikes most often use a set of disc brakes installed at both the wheels. These brakes are more powerful, providing instant braking action as and when needed, which is very essential especially in the off-road conditions. The disc brakes provide a braking action, which is much more efficient than the conventional clamp brakes attached at both the bicycle wheels.

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Mountain Bike Market Key Players Analyzed are:

Cannondale Bicycle Corporation (U.S.), Giant Manufacturing Co. Ltd. (Taiwan), Pivot Cycles (U.S.), Scott Sports SA (Switzerland), Trek Bicycle Corporation (U.S.) and Trinx Bikes (Taiwan). XDS Bikes (Australia), Xidesheng bicycle company (China), CUBE Bikes (China) and Diamondback Bicycles (U.S.) are among others.

Mountain Bike Market Drivers:

There are several factors responsible for the growth of mountain bike market over time in the global scenario. Firstly, the increase in accidents during bike riding competitions has pushed the bicycle manufacturers to produce more durable and sturdy bikes. Secondly, the economic development of the country is sped up due to the mountain biking competitions, which lead to the growth of the mountain biking tourism. Thirdly, the importance & awareness of fitness related activities has led people to pursue endurance sports. Fourthly, bicycle manufacturers are trying to offer a variety of products to increase their product sales by increasing the popularity of the bicycles. All these factors will lead to the growth of the global mountain bike market, which is expected to expand at ~10% CAGR (2018 to 2023).

Mountain Bike Market Segmentation:

On the basis of type, cross country bikes are the most popular and are the most widely sold. These bikes are used for riding for longer durations through the vast forests and natural trails. These bikes aren’t built to sustain extreme heavy activities and high forces, and are rather built to have a strong endurance. These bikes thus require precise control to be ridden through the long stretches of natural landscapes. All mountain bikes are built to be ridden specifically through the mountainous terrain and rough patches of land. These bikes are, thus designed, to be extremely durable to sustain the constant forces being exerted on its components from almost any direction. Downhill bikes are used to ride the bike through the downhill trails, which are usually more or less in a straight line in the mountain terrain. These bikes are extremely sturdy and made from light material so that control can be achieved easily by the rider. Dirt jumping bikes require the rider to jump off from one mound of sand, to other over long distances. These bikes need to have a highly durable suspension system and a chassis, which do not buckle under the force of the jumps being carried out. Free riding bikes are expected to carry out multiple trails and hence, are somewhat similar to the cross country bikes but are sturdier as they are meant for encountering unpredictable terrains.

Regional Analysis:

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. North America region is expected to dominate the global mountain bike market primarily due to countries such as U.S. and Canada. These countries have some mountain bike competition operators who offer a variety of mountain biking activities such as cross-country, freeride, dirt jumping and downhill. The ski resort operators who provide different activities in the winter season also offer trails for carrying out mountain biking in summers. The U.S. government encourages physical activities for increasing the endurance and the well-being of its citizens. In this context, the mountain biking activities have been increasing at rapid pace.

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

5.1 Introduction

5.2 Cross Country Bikes

5.2.1 Market Estimates & Forecast, 2017-2023

5.2.2 Market Estimates & Forecast By Region, 2017-2023

5.3 All Mountain Bikes

5.3.1 Market Estimates & Forecast, 2017-2023

5.3.2 Market Estimates & Forecast By Region, 2017-2023

5.4 Downhill Bikes

5.4.1 Market Estimates & Forecast, 2017-2023

5.4.2 Market Estimates & Forecast By Region, 2017-2023

5.5 Freeride Bikes

5.5.1 Market Estimates & Forecast, 2017-2023

5.5.2 Market Estimates & Forecast By Region, 2017-2023

5.6 Dirt Jumping Bikes

5.6.1 Market Estimates & Forecast, 2017-2023

5.6.2 Market Estimates & Forecast By Region, 2017-2023

5.7 Others

5.7.1 Market Estimates & Forecast, 2017-2023

5.7.2 Market Estimates & Forecast By Region, 2017-2023

6 Global Mountain Bike Market, By Application

6.1 Introduction

6.2 Racing

6.2.1 Market Estimates & Forecast, 2017-2023

6.2.2 Market Estimates & Forecast By Region, 2017-2023

6.3 Leisure

6.3.1 Market Estimates & Forecast, 2017-2023

6.3.2 Market Estimates & Forecast By Region, 2017-2023

7 Global Mountain Bike Market, By Region

Continued…

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