Mountain Bike Market 2020
The global 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. Mountain bikes are bicycles designed for off-roading and high-performance cycling. Mountain bikes are manufactured to endure rough terrains and mountainous regions while offering high durability and performance. Mountain bikes are categorized into cross country mountain bikes, downhill mountain bikes, freeride mountain bikes, and dirt jumping bikes among others.
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 market growth. Growing demand from emerging economies, increasing tourism activities, and technological advancements are expected to provide numerous growth opportunities in the coming years.
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Major Key Players of Mountain Bike Industry:
The leading companies profiled in the report include Trek Bicycle Corporation, Cannondale Bicycle Corporation, Diamondback Bicycles, XDS Bikes, Scott Sports SA, Giant Manufacturing Co. Ltd., Pivot Cycles, Trinx Bikes, Xidesheng Bicycle Company, and Rocky Mountain Bicycles.
The Mountain Bikemarket report takes a deeper look into the industry and unearths various insights and trends. It begins with the definition of the product in conjunction with its advantages and disadvantages and its rise globally. The segments and sub-segments are sized accordingly to their demand and their growth measured as per domestic and international policies. They are gauged as per the overall market valuation. Major regions are globally taken into consideration to outline the prospect of the market in these areas and their potential from 2020-2026 period. Key market participants are profiled and their case studies outlined for better understanding of strategies.
The Mountain Bikemarket touches on various factors with the impact of macro and micro economic policies and challenges. The market value and demand are sized as per the ups and downs of the industry and the various dynamics surrounding it. The growth drivers are outlined and explained in a well-defined manner. Recent launch of products, supportive policies, research studies, and exhibitions and events are included to the factors to substantiate the evidence of growth. The challenges are highlighted with alternative measures suggested to handle unprecedented events or circumstances. Opportunities are gauged with respect to consumer demand, abundance of raw materials, and new latent potential in niche markets. Special attention is paid to the regulatory framework and the efforts made by nations and their acceptance of foreign direct investment.
The Mountain Bikemarket report is segmented into numerous sub-segments with their valuation and growth rates sized according to drivers and restraints. These segments and their scope are measured as per the consumer demand. Market trends are considered and explored in full detail with investment advice given on a customized basis.
The Mountain Bikemarket report has been completed with the help of Porter’s Five Forces analysis with special focus on drivers, challenges, opportunities, and trends. The report considers two stages of research – primary and secondary. Primary research entails the acquisition of raw data from surveys, events, press releases, and other trusted sources. The numbers, graphs, and tabular data are present to explain the lows and highs of the market. Interviews with C-level executives and heads of corporations are conducted for a top to bottom view of the industry. Secondary research requires the use of data to complement the primary data and verification of the same through government databases and other reputed sources.
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Table of Contents – Major Key Points
1. Overview and Scope
2. Executive Summary
3. Mountain Bike Market Insights
4. Mountain Bike Market Size and Forecast, 2017-2026 by Type
5. Mountain Bike Market Size and Forecast, 2017-2026 by Distribution Channel
6. Mountain Bike Market Size and Forecast, 2017-2026 by Region
7. Company Profiles
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