Global Mountain Biking Equipment Market 2022-2026
Technavio has been monitoring the mountain biking equipment market and it is poised to grow by $ 3.99 bn during 2022-2026, progressing at a CAGR of 4.60% during the forecast period. Our report on the mountain biking equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising number of mountain bicycle clubs and events and the rise in government initiatives promoting cycling. In addition, the rising number of mountain bicycle clubs and events is anticipated to boost the growth of the market as well.
The mountain biking equipment market analysis includes the product segment and geographic landscape.
Technavio's mountain biking equipment market is segmented as below:
By Product
- Protective gears
- Mountain biking tools
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- MEA
This study identifies the growing prominence of biking as an outdoor recreational activityas one of the prime reasons driving the mountain biking equipment market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on mountain biking equipment market covers the following areas:
- Mountain biking equipment market sizing
- Mountain biking equipment market forecast
- Mountain biking equipment market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mountain biking equipment market vendors that include Active Brands AS, Endura Ltd., EssilorLuxottica, Fox Racing Inc., Giant Manufacturing Co. Ltd., Safilo Group Spa, SCOTT Sports SA, Shimano Inc., Troy Lee Designs Inc., and Vista Outdoor Inc. Also, the mountain biking equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Companies MentionedActive Brands AS, Endura Ltd., EssilorLuxottica, Fox Racing Inc., Giant Manufacturing Co. Ltd., Safilo Group Spa, SCOTT Sports SA, Shimano Inc., Troy Lee Designs Inc., Vista Outdoor Inc.