Mountain Bike Market Size, Share, and Analysis, By Product Type (E-Mountain Bikes, Standard Mountain Bikes), By Type (Cross Country Bikes, All Mountain Bikes, Downhill Bikes, Freeride Bikes, Dirt Jumping Bikes), By Application (Racing, Leisure) and Region

Mountain Bike Market Size, Share, and Analysis, By Product Type (E-Mountain Bikes, Standard Mountain Bikes), By Type (Cross Country Bikes, All Mountain Bikes, Downhill Bikes, Freeride Bikes, Dirt Jumping Bikes), By Application (Racing, Leisure) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

Mountain Bike Market size was USD 8.32 billion in 2021 and projected to grow from USD 9.4 billion in 2023 to USD 16.1 billion by 2032, exhibiting a CAGR of 6.2% during the forecast period.

Mountain bikes or mountain bicycles are specially designed for off-road cycling activities. Mountain bikes share a few similarities with several bicycles, but integrate characteristics designed to improve performance and durability in uneven terrains, which makes them heavier, less efficient and more complex on smooth surfaces. Precisely, additional rear suspension on trails are more difficult. Mountain bikes having 27.5-inch wheels are more advantageous for the smaller riders.

MARKET HIGHLIGHTS

Mountain Bike Market is expected to reach USD 16.1 billion, growing at a CAGR of 6.2% during the forecast period owing to the increasing popularity of bicycle sports among triathletes globally and rising interest in outdoor activities. The market is also gaining from the surge in interest in cycling as a sustainable means of transportation in cities and the growing worries about on-road bike accidents. These factors are expected to boost the Mountain Bike Market over the forecast period.

Mountain Bike Market Segments:

• Product Type
• E-Mountain Bikes
• Standard Mountain Bikes
• Type
• Cross Country Bikes
• All Mountain Bikes
• Downhill Bikes
• Freeride Bikes
• Dirt Jumping Bikes
• Application
• Racing
• Leisure

MARKET DYNAMICS

Growth Drivers

Rising Awareness for Fitness-Associated Activities and Technological Improvements in Mountain Bicycles are Expected to Boost the Market Growth

Increasing Expenditure for Mountain Biking by Several Economies is Expected to Boost the Market Growth

Restraint

High Priced Mountain Bikes to Restrain the Market Growth

Key Players

• BOSCH
• Shimano Inc.
• Trek Bicycle Corporation
• Specialized
• XDS Bikes
• Dorel Sports
• Cannondale
• Santa Cruz Bicycles
• BH Bikes
• Pivot Cycles
• Yeti Cycles
• Scott Sports SA
• Marin Bikes
• Kona Bicycle Company
• Diamondback Bicycles
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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