Global Mountain Bike Market Size is estimated to expand rapidly in coming years, at a CAGR of 11.5 % from 2018 to 2025. In 2017, the global market valuation was USD 1.55 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. A mountain bike or a mountain bicycle is a bicycle, which is specially designed for off-roading and high-performance cycling. Mountain bikes are environmentally friendly, healthy and sustainable transport device for the users. Mountain bikes are rigged with an advanced suspension system and shock absorbing technique to sustain in uneven environments. The growing demand for sports and adventure activities is increasing the global market of mountain bikes. Geographically, North America accounted for the largest share in the global Mountain Bike market in 2017.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global mountain bike market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global mountain bike market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Type Insights: On the basis of type, global mountain bike market has been segmented into cross country mountain bike, downhill mountain bike, free ride mountain bike, dirt jumping mountain bike, others.  Among which cross country bikes are the most popular and are sold in very wide range. These bikes are used for riding for long durations in forests. These bikes are constructed in a manner to have strong endurance. Downhill bikes are used to ride the bike through the downhill trails, which are usually more or less in a straight line in the mountain terrain.

By Application Insights: On the basis of application, global mountain bike market has been segmented into racing and leisure. Among which racing segment is expected to be the highest growing segment and will generate high CAGR in forecast period. The significant increase in the number of people participating in adventure sports, and health effect of cycling, factors supporting the growth of the market.  

Regional Analysis

The mountain bike market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; the Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, North America is expected to witness high growth in upcoming time span due to high demand sports sector. Supportive initiatives from government and private organizations to promote sports activities have boosted the growth of mountain bike across the globe. Technical advancements and government’s insistence for providing highly efficient health care products is also one of the reason behind market uplifting.

Asia Pacific region is expected to witness high growth in the market in forecast period. Increasing demand for electric mountain bikes, growing environmental concerns, and rising tourism activities are key points for boosting the market in Asia Pacific region. Europe is anticipated to dominate the global mountain bike market over the projected period majorly owing to high consumer awareness, better technological connectivity and ease of raw material and highly cost-effective business strategies. Growing demand from emerging economies such as Italy, Germany, France and increasing health awareness are factors expected to offer growth opportunities during the forecast period.

Global Mountain Bike Market Size, Share Analysis by Region 2017

Global Mountain Bike Market Study Objective

1. To forecast the market size of mountain bike market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of mountain bike market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of mountain bike market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of mountain bike market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the mountain bike market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Trek Bicycle Corporation, Cannondale Bicycle Corporation, Diamondback Bicycles, XDS Bikes, Scott Sports SA, Giant Manufacturing Co. Ltd., Pivot Cycles, Trinx Bikes, Xidesheng Bicycle Company, and Rocky Mountain Bicycles are some of the key players in the market of a mountain bike.

Global Mountain Bike Market Study Report Offer You!

The global mountain bike market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.