Mountain Bike Industry analyzed by Type (Cross Country Bikes, All Mountain Bikes, Downhill Bikes, Freeride Bikes, Dirt Jumping Bikes), Application (Racing, Leisure), and Region (North America, Europe, APAC, RoW). Report provides comprehensive information on Historic, Forecast, and current Mountain Bike Market Size, Share, Trends and growth statistics with regional outlook.
Mountain Bike Market Key Companies Analyzed In Report:
The 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.
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Mountain Bike Market Highlights:
A mountain bike/ mountain bicycle is specially designed for activities such as off-roading and high-performance cycling hence it is extremely durable and can perform in rough terrains and mountainous regions. Mountain biking is a legitimate and popular sport especially in the developed regions of North America and Europe.
Every year a number of mountain biking competitions are organized in these regions, offering a variety of other mountain biking activities such as cross-country, free-ride, dirt jumping, and downhill. Moreover, owing to the governmental initiatives that provide added prominence to this sport is increasing the mountain biking activities in these regions at the rapid pace. Resultantly, mountain bike market is growing pervasively on the global platform, witnessing increasing sales.
The Key players operating in this market emphasis upon the product innovation and new manufacturing processes which in turn, is anticipated to fuel the already intensified competition during the forecast period. Mountain Bike market demonstrates high growth prospect which is turn, is attracting several new entrants to the market which is apparently anticipated to intensify the market competition.
Market by 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.
North-America dominates the global mountain bike market with the largest market share due to the popular trend of active and action sports along with the presence of sport enthusiasts and mountaineers. Favourable tax credit frame implemented in the US especially, provides impetus to the market growth in the region.
Besides the US government encourages physical activities for increasing the endurance and the well-being of its citizens. Hence, mountain biking is considered as a legitimate sport, garnering huge popularity. Resultantly, the North-America enjoys a good amount of sales of these bikes.
July 09, 2018 – FOX Factory, Inc. (US) announced that it is all set to launch FOX Live Valve, FOX’s Live Valve automatically adjusting suspension system (electronically controlled suspension dropping) for Euro bikes by August 2018.
July 09, 2018 – Oakley Sports (US) one of the leading global manufacturers of sports products launched its new mountain bike helmet along with a small line of mountain bike apparel. There’s also a new high-tech jersey specially designed for the mountain biking.
June 09, 2018 – Focus Bikes (Germany), a bicycle manufacturer building sports bicycles such as e-bikes, racing bicycles, and mountain bicycles announced that it is all set to launch its two new e-mountain bikes in the US soon. In last September, Focus had unveiled its plan to launch these two bikes in 2018 – The full-suspension JAM² and the hardtail BOLD² are designed around Shimano’s new STePS e8000 platform to provide a natural-feeling electric assist.
List of Tables:
Table 1 Global Mountain Bike Market: By Region, 2017-2023
Table 2 North America Mountain Bike Market: By Country, 2017-2023
Table 3 Europe Mountain Bike Market: By Country, 2017-2023
Table 4 Asia Pacific Mountain Bike Market: By Country, 2017-2023
Table 5 RoW Mountain Bike Market: By Country, 2017-2023
Table 6 Global Mountain Bike Market, By Type, By Regions, 2017-2023
Table 7 North America Mountain Bike Market, By Type, By Country, 2017-2023
Table 8 Europe Mountain Bike Market, By Type, By Country, 2017-2023
Table 9 Asia Pacific Mountain Bike Market By Type, By Country, 2017-2023
Table 10 RoW Mountain Bike Market By Type, By Country, 2017-2023
Table 11 Global Mountain Bike By Application Market: By Regions, 2017-2023
Table 12 North America Mountain Bike Market By Application: By Country, 2017-2023
Table 13 Europe Mountain Bike Market By Application: By Country, 2017-2023
Table 14 Asia Pacific Mountain Bike Market By Application: By Country, 2017-2023
Table 15 RoW Mountain Bike Market By Application: By Country, 2017-2023
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