Mountain Bicycles Market is expected to undergo a CAGR of 5.60% during the forecast period 2022 to 2029.
Market Analysis and Insights Mountain Bicycles Market
A mountain bicycle refers to the type of bicycle that is specifically designed for off-road cycling. These kind of bicycles are designed for improving durability and performance in rough terrain. These mountain bicycles include a front or full suspension, large knobby tires, lower gear ratios, durable wheels, and more powerful brakes in order to climb steep grades.
The rise in the popularity of bike sports triathletes across the globe acts as one of the major factors driving the growth of mountain bicycles market. The increase in concerns regarding on-road bike accidents globally, and rise in interest towards riding bicycles as a sustainable mode of transportation in urban areas accelerate the market growth. The rise in prevalence of health-related problems, such as high blood pressure, diabetes, and obesity, amongst the youth and high recommendations by doctors and health trainers for regular cycling practices to people to reduce the ill effects of many aforementioned medical conditions further influence the market. Additionally, smart strategic marketing activities by manufacturers, high e-commerce sales channels, increase in disposable income of people and rise in prevalence of health-related problems positively affect the mountain bicycles market. Furthermore, increase in fuel costs and environmental concerns extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, high cost associated with the mountain bicycles and lack of awareness about the features and uses of mountain bike among the general audience are expected to obstruct the market growth. The unavailability of mountain bike in developing regions is projected to challenge the mountain bicycles market in the forecast period of 2022-2029.
Mountain Bicycles Market Scope
The mountain bicycles market is segmented on the basis of type, application and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
· On the basis of type, the mountain bicycles market is segmented into cross country bikes, all mountain bikes, downhill bikes, freeride bikes, and dirt jumping bikes.
· On the basis of application, the mountain bicycles market is segmented into racing and leisure.
· On the basis of distribution channel, the mountain bicycles market is segmented into specialty bicycle retailers, mass merchants, full-line sporting goods store, outdoor specialty store and others.
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Mountain Bicycles Market Country Level Analysis
The countries covered in the global mountain bicycles market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Mountain Bicycles Market Share Analysis
The Mountain Bicycles Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Mountain Bicycles Market.
Key Players Mountain Bicycles Market
- Trek Bicycle Corporation
- Cannondale Bicycle Corporation
- Diamondback Bicycles
- Halmarc International.
- Jindal Fine Industries.
- Prime Traders.
- Yeti Cycles
- XDS Bikes
- Canyon
- Santa Cruz Bicycles
- Scott Sports SA
- Giant Manufacturing Co. Ltd.
- CUBE Bikes
- Pivot Cycles
- Trinx Bikes
- Xidesheng Bicycle Company
- Cycling Sports Group Inc.
- Cycles Devinci
- Diamondback Bicycles
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Mountain Bicycles Market by Product & Procedure type
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