The global Mountain Bike market is estimated to reach USD 3,585 million by 2026 and is anticipated to grow at a CAGR of 10.3% during the forecast period. Mountain bikes are bicycles designed for off-roading and high-performance cycling. Mountain bikes are manufactured to endure rough terrains and mountainous regions while offering high durability and performance. Mountain bikes are categorized into cross country mountain bikes, downhill mountain bikes, freeride mountain bikes, and dirt jumping bikes among others.Sample copy of this Report @ [URL]https://bit.ly/2wEdHvx[/URL]
The demand for mountain bikes has increased over the years owing to increasing demand for electric mountain bikes, and growing environmental concerns. The demand for sports and adventure activities has significantly increased the adoption of mountain bikes. The increasing initiatives from governments and private organizations to promote sports activities and support the participation of women in adventure activities further supports market growth. Growing demand from emerging economies, increasing tourism activities, and technological advancements are expected to provide numerous growth opportunities in the coming years.
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The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Mountain Bike Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific. North America generated the highest revenue in 2017 owing to increasing tourism industry, and growing trend of adventure sports in this region. The high purchasing power of consumers, and technological advancements drive the market growth in the region.
Snapshot - Of Table Of Content:
Overview and Scope
Executive Summary
Intelligent Transport System Market Insights
Intelligent Transport System Market Size and Forecast by Product Type
Intelligent Transport System Market Size and Forecast by Power Ratings
Intelligent Transport System Market Size and Forecast by Regions
Company Profiles
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Top Key Players are: -
Trek Bicycle Corporation
Cannondale Bicycle Corporation
Diamondback Bicycles
XDS Bikes
Scott Sports SA
Giant Manufacturing Co. Ltd