A mountain bike or mountain bicycle is a bicycle designed for off-road cycling. Mountain bikes incorporate features designed to enhance durability and performance in rough terrain, which makes them heavier, more complex and less efficient on smooth surfaces.
The mountain bike market share is estimated to grow at a CAGR of 5.4% between 2022 and 2027. The size of the market is forecast to increase by USD 13540.97 million. The mountain bike market wil witness a YOY of 5.1% in 2023.
“Mountain biking tourism, which acts as a catalyst for economic development and development of electric mountain bikes will boost the market growth”, says a senior analyst at Technavio.
Technavio’s report on Mountain Bike Market is segmented by end-user (leisure and competition), type (cross country bikes, all mountain bikes, downhill bikes, freeride bikes, and dirt jumping bikes), and geography (APAC, North America, Europe, Middle East, and Africa, and South America).
The mountain bike market growth by the leisure segment will be significant during 2023-2027. The shift in trend from being a male dominant sport to a family sport will contribute significantly to the growing market for mountain bikes. North America contributed 34% of Growth rate during the forecast period. Mountain biking is one of the favored off-road sports, which is gaining popularity across North America.
Some of the key mountain bike market vendors are altacycling.com, BH BIKES EUROPE SL, , Dorel Industries Inc., Fuji, Bikes, Giant Manufacturing Co. Ltd., Grimaldi Industri AB, Guangzhou Trinity Cycles Co. Ltd., Kona Bicycle Co., LAPIERRE SA, Marin Mountain Bikes Inc., Merida Industry Co. Ltd., Norco Bicycles, Pending, System GmbH & Co. KG, Pivot Cycles EU GmbH, Pon Holdings BV, Rocky Mountain Bicycles, Santa Cruz, Bicycles LLC, Trek Bicycle Corp., XDS Bike Co., Youngone Corp.
altacycling.com- The company operates under multiple product and service segments. Its key offering include bikes for mountain and road riding. It also offers parts and accessories such as starter kits, seats, pedals, tires, helmets, shoes, apparel, and many other products.
Bhbikes.com- The company operates under multiple product and service segments. Its key offering include mountain bike such as lynx race.
Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact on the market in focus. Download the Free PDF Sample Report
The mountain bike market report covers indepth information about key vendors and their product offerings.
The key driver, trends and challenges, market opportunities and the detailed market impact analysis
Five force analysis to analyze the potential of buyers and suppliers and the competitive industry scenerio.
Mountain bike industry across APAC, North America, Europe, Middle East, and Africa, and South America.