Scope of the Study
Over the past few decades, the mountain biking is popular outdoor Olympic sports, the inclination of the populace towards the sports activity is booming the demand for the mountain bicycles. Mountain bicycle is defined as the machine that is built for the purpose of riding especially, off-road, often over rough terrain, and so on. They incorporate features design to enhance performance and durability in the rough environment. Usually used to ridden on mountainous regions which have loose dirt, grassy, muddy or hard rocks. The demand for the mountain bicycle with advance technology has steadily risen over the course of the year with the entrance of major or new players for debuting new and better products. The components of the bicycle can be classified as full suspension, brakes, and knobby tires and so on.
The market study is being classified by Type (Cross Country (Xc) Mountain Bikes, Trail Mountain Bikes, Enduro Mountain Bikes and Downhill & Freeride Mountain Bikes), by Application (Racing and Leisure) and major geographies with country level break-up.
Giant Bicycles (Taiwan), Trek Bicycle Corporation (United States), Specialized Bicycle (United States), Cannondale Bicycle Corporation (United States), Santa Cruz Bicycles (United States), Scott Sports (Switzerland), Merida Industry Co. Ltd. (Taiwan), Yeti Cycles (United States), Rocky Mountain Bicycles (Canada), Kona Bicycle Company (United States) and GT Bicycles (United States) are some of the key players profiled in the study.
Mountain Bicycles Market, it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Mountain Bicycles market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Mountain Bicycles market by Type, Application and Region.
On the basis of geography, the market of Mountain Bicycles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Outdoor Activities among the People in the World is also Driving the Demand for Mountain Bicycles
- Increasing Demand from the Professional Riders
- The Trend for Electric Mountain Bicycle Is Rising or Popular Now Days
- Fluctuated Price of Raw Materials
- Advancement in Technology and Increasing Tourism Activities Day By Day Is Booming the Huge Opportunity of Growth for the Mountain Bicycle Market
- Key Competition between Manufacturers for Launching New and Better Models
In February 2020, Revel Bikes, A United State Based Company Manufacturer Of Mountain Bicycles Has Debuted Carbon Recyclable Mountain Bicycle Wheels Named RW30. Use of this Material In Manufacturing Offers A Lighter Mountain Bicycles Wheels, Which Can Be Repurposed Into Other Parts at the End Of Its Life.
Key Target AudienceMountain BicyclesManufacturers, Mountain Bicycles Suppliers, New Entrants/Investors, Dealers, Suppliers, Traders, and Distributors, Government Regulatory and Research Organizations, End-Use Industry, Downstream Vendors and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase