Global Mountain Biking Equipment Market 2024-2028
Mountain Biking Equipment Market 2024-2028
The mountain biking equipment market is forecasted to grow by USD 4701.9 mn during 2023-2028, accelerating at a CAGR of 4.9% during the forecast period. The 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising number of mountain bicycle clubs and events, rise in government initiatives promoting cycling, and growing prominence of biking as outdoor recreational activity.
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
- Middle East and Africa
This study identifies the rising prominence of online sales as one of the prime reasons driving the mountain biking equipment market growth during the next few years. Also, growing popularity of eco-friendly bikes and introduction of trails in parks will lead to sizable demand in the market.
The report on the mountain biking equipment market covers the following areas:
- Mountain Biking Equipment Market sizing
- Mountain Biking Equipment Market forecast
- Mountain Biking Equipment Market industry analysis
The 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 Accell Group NV, Active Brands AS, Dorel Industries Inc., Endura Ltd., EssilorLuxottica, F.I.V.E. Bianchi Spa, FOX Head Inc., Giant Manufacturing Co. Ltd., Hoco Online GmbH, R.C. Jenson Inc., Safilo Group S.p.A, SCOTT Sports SA, SELLE ROYAL spa, SHIMANO INC., Specialized Bicycle Components Inc., Trek Bicycle Corp., Troy Lee Designs Inc., Vista Outdoor Inc., WELLGO PEDALS Corp., and Why Cycles 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.
The publisher 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.