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
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.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*
1. Executive Summary
1.1.Regional Market Share
1.2. Business Trends
1.3. Mountain Bike Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1. Market Definition
3.2.Mountain Bike Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. Mountain Bike Market – Industry Insights
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7.Market Dynamics
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. Market Analysis
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2.Economic
8.2.3.Social
8.2.4.Technological
9. Mountain Bike Market
9.1. Overview
9.2.Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. Mountain Bike Market Size & Forecast 2022A-2032F
10.1.Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Product Type
10.3.1.1.E-Mountain Bikes
10.3.1.1.1.By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. Standard Mountain Bikes
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2.Market Share (%) 2022-2032F
10.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.By Type
10.3.2.1. Cross Country Bikes
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2.Market Share (%) 2022-2032F
10.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.2.All Mountain Bikes
10.3.2.2.1.By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.3.Downhill Bikes
10.3.2.3.1.By Value (USD Million) 2022-2032F
10.3.2.3.2. Market Share (%) 2022-2032F
10.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.4.Freeride Bikes
10.3.2.4.1. By Value (USD Million) 2022-2032F
10.3.2.4.2.Market Share (%) 2022-2032F
10.3.2.4.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.5.Dirt Jumping Bikes
10.3.2.5.1.By Value (USD Million) 2022-2032F
10.3.2.5.2.Market Share (%) 2022-2032F
10.3.2.5.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.By Application
10.3.3.1. Racing
10.3.3.1.1. By Value (USD Million) 2022-2032F
10.3.3.1.2.Market Share (%) 2022-2032F
10.3.3.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.2.Leisure
10.3.3.2.1.By Value (USD Million) 2022-2032F
10.3.3.2.2. Market Share (%) 2022-2032F
10.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
11.North America Mountain Bike Market Size & Forecast 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Product Type
11.3.2. By Type
11.3.3. By Application
11.4.Country
11.4.1. United States
11.4.2.Canada
12. Europe Mountain Bike Market Size & Forecast 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Product Type
12.3.2.By Type
12.3.3.By Application
12.4. Country
12.4.1.Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. Asia Mountain Bike Market Size & Forecast 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Product Type
13.3.2.By Type
13.3.3.By Application
13.4. Country
13.4.1.India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. Middle East and Africa Mountain Bike Market Size & Forecast 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Product Type
14.3.2.By Type
14.3.3.By Application
14.4. Country
14.4.1.Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. Latin America Mountain Bike Market Size & Forecast 2022A-2032F