A mountain bike or mountain bicycle (abbreviated Mtn Bike or MTB) is a bicycle designed for off-road cycling. Mountain bikes share similarities with other bikes, but incorporate features designed to enhance durability and performance in rough terrain. These typically include a front or full suspension, large knobby tires, more durable wheels, more powerful brakes, and lower gear ratios for climbing steep grades. Mountain bikes are typically ridden on mountain trails, single track, fire roads, and other unpaved surfaces. This type of terrain commonly has rocks, roots, loose dirt, and steep grades. Many trails have additional TTF's (Technical Trail Features) such as log piles, log rides, rock gardens, skinnies, gap jumps, and wall-rides. Mountain bikes are built to handle these types of terrain and features. The heavy-duty construction combined with stronger rims and wider tires has also made this style of bicycle popular with urban riders and couriers who must navigate through potholes and over curbs.
The global Mountain Bicycles sales is estimated to reach about 15597 K Units by the end of 2017, which is expected to reach 19580 K Units in 2022. Overall, the Mountain Bicycles products performance is positive with the current environment status.
Currently, there are many players in Mountain Bicycles market. The main market players internationally are Giant, Trek, Specialized, Cannondale, Santa Cruz, GT Bicycles, Scott, Yeti, Merida, Kona, Rocky Mountain Bicycles, XDS and etc. Brands like Giant, Trek, Specialized and Merida, XDS are also playing important roles in Mountain Bicycles industry. The competition will be more intense in the following years.
China (including Taiwan) is the biggest production areas for Mountain Bicycles, taking about 83.21% market share in 2016 (based on output volume), Europe followed the second, with about 8.44% market share. In Consumption market, sales of Mountain Bicycles in Europe will increase to be 5601 K Units in 2017 from 4490 K Units in 2012, which is the biggest consumption area in current market pattern. North America ranks the second largest consumption area, with sales volume and market share of 5127 K Units and 34.47% in 2016.
According to this study, over the next five years the Mountain Bicycles market will register a 5.1% CAGR in terms of revenue, the global market size will reach US$ 6840 million by 2024, from US$ 5070 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Mountain Bicycles business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Mountain Bicycles market by product type, application, key manufacturers and key regions and countries.
This study considers the Mountain Bicycles value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Rigid
Hardtail
Softail
Full Suspension
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Household
Commercial
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Giant
Trek
Specialized
Cannondale
Santa Cruz
Company six
Scott
Yeti
Merida
Kona
Rocky Mountain Bicycles
XDS
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Mountain Bicycles consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Mountain Bicycles market by identifying its various subsegments.
Focuses on the key global Mountain Bicycles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Mountain Bicycles with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Mountain Bicycles submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Mountain Bicycles . Industry analysis & Market Report on Mountain Bicycles is a syndicated market report, published as Global Mountain Bicycles Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Mountain Bicycles market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.