Market Research Future has published research report on the Global Mountain Bike Market. Global Mountain Bike Market Research Report: Information 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) - Forecast till 2023

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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 in mountain bike market are 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.

Acknowledging the growing popularity of the sport which is escalating the mountain bike market to garner huge accruals, Market Research Future (MRFR) in its recently published study report asserts that the global mountain bike market will garner an exponential value by 2023 registering approx. 10% CAGR between 2017 and 2023.

Evidently, efforts of the fervent manufacturers are the main driving force supporting the flourishing market growth. These manufacturers invest heavily into R&D activities to design new bikes as well as to develop new technologies. This, in turn, pays off well, bringing about novelties in the product and making the bikes further better. Consumers always like to buy bettered versions of bikes. Resultantly, the market size increases constantly.

The global mountain bike market is segmented into three key dynamics for an easy grasp and enhanced understanding.

By Types: Comprises - Cross Country Bikes, All Mountain Bikes, Downhill Bikes, Free-ride Bikes, and Dirt Jumping Bikes among others.

By Applications/ Usages: Racing, and Leisure among others.

By Regions: North America, Europe, APAC and Rest-of-the-World (RoW).

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.

Mountain Bike Market Report 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 Bargaining Power Of Suppliers

3.1.4 Threat Of Substitutes

3.1.5 Segment Rivalry

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

Continued…

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