Latest News- Mountain Bike Market: Leisure is expected to lead the End-user segment during 2025-2029

The Mountain Bike Market is being driven by Mountain biking tourism acts as catalyst for economic development

The Mountain Bike Market is expected to grow at a CAGR of 5.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3779.6 million. The mountain bike market has experienced significant growth with the introduction of electric mountain bikes, which incorporate advanced design and technology. These bikes enable riders to enhance their pedaling power, thereby reducing physical exertion. The adjustable engine support levels cater to varying rider abilities, allowing stronger riders to conserve energy or switch off the engine entirely. Uphill rides become more accessible for all riders with the option to increase engine support. With mountain biking gaining popularity as a family sport, the market is projected to witness increased sales of electric bikes tailored for women and children. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Leisure
  • Competition
• Type
  • Cross country bikes
  • All mountain bikes
  • Downhill bikes
  • Freeride bikes
  • Dirt jumping bikes
• Price Range
  • Budget/entry-level
  • Mid-range
  • Premium/pro-level
• Distribution Channel
  • Specialty bike shops
  • Department stores
  • Online retailers
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • APAC
    • China
    • Japan
    • Singapore
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Mountain biking tourism acts as catalyst for economic development
• Increase in women mountain bikers
• Inclusion of unified manufacturer standards to ensure safety of riders

However, the market also witnesses some limitations, which are as follows:

• Increase in accidents, crashes, and related injuries
• Difficulty in handling heavy mountain bikes
• Effect on soil structure and wildlife

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Market Scope in Mountain Bike Market Research Report

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Research Analysis Overview

The mountain bike industry experiences growing interest as more consumers seek off-road adventures. Electric mountain bikes enhance the riding experience with pedal assistance and engine support. Regular mountain bikes offer large wheels, powerful brakes, and durability for tackling rough terrain and trail surface flaws. Safety devices are crucial for preventing accidents and collisions, especially when navigating off-track areas and dealing with injuries. Weather and sunlight are important considerations for mountain biking tourism. New energy engines and younger consumers are driving innovation in mountain bike design, offering improved performance capacities and safety features.

Market Research Overview

The mountain bike market falls under the broader context of the global motorcycle manufacturers industry, encompassing businesses specializing in the production of mountain bikes as a niche product category. According to Technavio, the size of the global motorcycle manufacturers market is determined by the collective revenue generated by these companies. Key growth drivers for this sector include the escalating demand for eco-friendly transportation options in Asia Pacific (APAC), where mountain bikes, as environmentally sustainable two-wheelers, are gaining traction. With India, China, Indonesia, and Thailand collectively accounting for over 75% of APAC's motorcycle sales, the market potential for mountain bikes in this region is significant. A burgeoning customer awareness towards health and fitness, coupled with advancements in electric mountain bike design, is further fueling the demand for these vehicles, which harness both pedaling power and battery-assisted propulsion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/