Mountain Biking Equipment Market | Incremental Growth by $ 3.99 Billion
Trends, Drivers and Vendor Forecasts for 2022-2026
The mountain biking equipment market is projected to grow by $ 3.99 billion, accelerating at a CAGR of almost 4.60% during the forecast period. The market is fragmented. This research report provides insights into the top market players and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in this intensely competitive market, players must distinguish their product and service offerings through a clear and unique value proposition.
Active Brands AS, Endura Ltd., EssilorLuxottica, Fox Racing Inc., Giant Manufacturing Co. Ltd., Safilo Group Spa, SCOTT Sports SA, Shimano Inc., Troy Lee Designs Inc., and Vista Outdoor Inc. are some of the major market participants.
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Mountain Biking Equipment Market: Market Segments and Key Trends
The mountain biking equipment market is segmented by Product (Protective gears and Mountain biking tools) and Geography (North America, Europe, APAC, South America, and MEA). North America led the market, with 40% of the market growth set to originate from this region during the forecast period. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
Mountain Biking Equipment Market: Top Drivers to Boost Demand
The rising number of mountain bicycle clubs and events is one of the primary factors driving the growth of the mountain biking equipment market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional drivers for this market: Download FREE Sample Report.
Browse through some of our other related market research reports for more insights:
- High-End Bicycle Market: The high-end bicycle market is expected to grow by $ 3.88 billion, accelerating at a CAGR of almost 5.00% during the forecast period.
- E-bike Drive Unit Market: Accelerating at a CAGR of 8.27%, the Global E-bike drive unit market is expected to grow by $ 4.36 billion during the forecast period.
- Folding Electric Bicycle Market: The folding electric bicycle market is expected to grow by $ 163.71 million, accelerating at a CAGR of almost 8.68% during the forecast period.
- E-bike Market: The e-bike market and it is expected to grow by 15805.6 th units, accelerating at a CAGR of almost 7% during the forecast period.
- Folding Bike Market: The folding bike market is expected to grow by $ 463.62 million, accelerating at a CAGR of almost 7.97% during the forecast period.
Key Focus Areas in Our Reports:
- Mountain Biking Equipment Market Split by Product
- Protective gear
- Mountain biking tools
- Mountain Biking Equipment Market Split by Geography
- North America
- Europe
- APAC
- South America
- MEA
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Active Brands AS
- Endura Ltd.
- EssilorLuxottica
- Fox Racing Inc.
- Giant Manufacturing Co. Ltd.
- Safilo Group Spa
- SCOTT Sports SA
- Shimano Inc.
- Troy Lee Designs Inc.
- Vista Outdoor Inc.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 4.60%.
- What is the incremental growth of the market?
The market is expected to grow by $ 3.99 bn through 2022-2026.
- What is a key factor driving this market?
Rise in number of mountain bicycle clubs and events will drive market growth during the forecast period.
- What are the key regions covered in this market research report?
North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
40% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are Active Brands AS, Endura Ltd., EssilorLuxottica, Fox Racing Inc., Giant Manufacturing Co. Ltd., Safilo Group Spa, SCOTT Sports SA, Shimano Inc., Troy Lee Designs Inc., and Vista Outdoor Inc.
- What are the market segments covered in this report?
The market is segmented by Product (Protective gears and Mountain biking tools) and Geography (North America, Europe, APAC, South America, and MEA)