Global Mountain Bikes Market Research Report: By Type, by Riding Type, by Application, by End-Users, By End-Users Age, by End-Users Gender and By Region Forecast Till 2032

Description

List of Tables

Global Mountain Bikes Market Research Report: By Type (Downhill, Freeride, Dirt Jumping, Cross Country, All Mountain and Others), by Riding Type (Indoor and Outdoor), by Application (Racing and Leisure), by End-Users (Beginners/ Intermediate riders and Advanced Riders), By End-Users Age (Kids/Teenagers, Adults and Seniors), by End-Users Gender (Men, Women and Unisex) and By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) Forecast Till 2032

Market Overview

In 2023, the market size of mountain bikes was estimated to be USD 12433.78 million. The Mountain Bikes Market industry is anticipated to experience a compound annual growth rate (CAGR) of 8.9 % from USD 13266.85 million in 2024 to USD 26279.75 million by 2032. Robust growth is being driven by a variety of key factors in the global mountain bike market. The market has been bolstered by the increase in demand for durable and sturdy bikes, which has been notably prevalent during the COVID-19 pandemic. Mountain biking is a compelling choice for enthusiasts who are pursuing exhilarating experiences, given the growing popularity of outdoor activities and adventure. Additionally, the demand for motorcycles is being further stimulated by technological innovations, including innovative suspension systems, which improve the riding experience.

Additionally, mountain bikes offer new sporting opportunities by enabling riders to navigate new requirement profiles and varying levels of difficulty, while electric bikes simplify the voyage. Although electric mountain bikes provide a superior riding experience, their increased weight may pose a challenge for users during extended journeys. This will result in the global mountain bike market expanding as a result of technological advancements, such as the development of electric mountain cycles.

Market segment insights

The Mountain Bikes Market has been categorized into Downhill, Freeride, Dirt Jumping, Cross Country, All Mountain, and Others based on type.

The Market has been Segmented into Outdoor and Indoor based on Riding Type.

The Mountain Bikes Market has been divided into two segments: racing and leisure, based on application.

The Market has been segmented into Beginners/Intermediate riders and Advanced Riders based on End-Users.

Regional Perspectives

The study offers market insights into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America by region. The United States, Canada, and Mexico comprise North America. The North American mountain bike market is experiencing a significant increase in demand, which is being driven by a variety of factors, such as the increasing prevalence of bicycles for recreational activities and trekking. This trend is further supported by the proliferation of cycling events in the region, which attracts enthusiasts and cultivates a lively cycling culture.

The investigation encompasses the following regions: the United Kingdom, Germany, France, and the rest of Europe. The profound shift in the cycling landscape that Europe is experiencing is reflected in the increasing interest in e-mountain bicycles, which has ushered in a new era of enthusiasm and accessibility for enthusiasts throughout the region. The emergence of electric-powered bicycles has revolutionized the traditional concept of mountain bicycling, providing riders with an unparalleled level of exploration and adventure.

The growing prevalence of mountain biking in the Asia Pacific region can be attributed to its increasing appeal in countries such as Japan, India, and Australia. Additionally, the expansion of mountain biking in this diverse region has been significantly influenced by travel destinations like Bali.

Major Players

Accell Group, Giant Manufacturing Co. Ltd, Pivot Cycles, Scott Sports SA, Trinx Bikes, XDS Bikes, Trek Bicycle Corporation, Diamondback Bicycles, SHIMANO INC., BH Bikes, and Santa Cruz are the primary vendors in the market.

Product Code: MRFR/AM/3727-CR

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 INCREASE IN DEMAND FOR MORE DURABLE AND STURDY BIKE
- 4.2.2 GROWING BICYCLE TOURISM INDUSTRY
- 4.2.3 RISE IN THE POPULARITY OF BIKE SPORTS AMONG TRIATHLETES
- 4.2.4 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINTS
- 4.3.1 UNDERDEVELOPED AFTERMARKET SERVICES
- 4.3.2 LIMITED ACCESSIBILITY TO SUITABLE TERRAIN FOR POTENTIAL RIDERS AND HIGH COST ASSOCIATED WITH MOUNTAIN BICYCLES
4.4 OPPORTUNITIES
- 4.4.1 MOUNTAIN BIKE SHARING
- 4.4.2 THE DEVELOPMENT OF ELECTRIC MOUNTAIN BIKES WILL FUEL THE GLOBAL MOUNTAIN BICYCLE MARKET GROWTH
4.5 CHALLENGES
- 4.5.1 TECHNICAL FAULTS CAUSING HINDRANCE IN OPERATION AND INCREASING DOWNTIME
4.6 COVID-19 IMPACT ANALYSIS MOUNTAIN BIKE MARKET
- 4.6.1 IMPACT ON OVERALL MOUTAIN BIKE INDUSTRY
  - 4.6.1.1 ECONOMIC IMPACT
- 4.6.2 IMPACT ON MOUNTAIN BIKE MARKET
- 4.6.3 IMPACT ON THE SUPPLY CHAIN OF MOUNTAIN BIKE
  - 4.6.3.1 PRICE VARIATION OF KEY RAW MATERIAL
  - 4.6.3.2 PRODUCTION SHUTDOWN
  - 4.6.3.3 CASH FLOW CONSTRAINTS
  - 4.6.3.4 IMPACT ON IMPORT/EXPORT
- 4.6.4 IMPACT ON MARKET DEMAND OF MOUNTAIN BIKE
  - 4.6.4.1 IMPACT DUE TO RESTRICTION/LOCKDOWN
  - 4.6.4.2 CONSUMER SENTIMENTS

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 DESIGN & DEVELOPMENT
- 5.1.2 RAW MATERIAL SOURCING
- 5.1.3 MANUFACTURING
- 5.1.4 DISTRIBUTION
- 5.1.5 END USE
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
5.3 CONSUMER BEHAVIOUR ANALYSIS FOR MOUNTAIN BIKES

6 GLOBAL MOUNTAIN BIKE MARKET, BY TYPE

6.1 OVERVIEW
6.2 DOWNHILL
6.3 FREERIDE
6.4 DIRT JUMPING
6.5 CROSS COUNTRY
6.6 ALL MOUNTAIN
6.7 OTHERS

7 GLOBAL MOUNTAIN BIKE MARKET, BY RIDING TYPE

7.1 INTRODUCTION
7.2 OUTDOOR
7.3 INDOOR

8 GLOBAL MOUNTAIN BIKE MARKET, BY APPLICATION

8.1 INTRODUCTION
8.2 RACING
8.3 LEISURE

9 GLOBAL MOUNTAIN BIKE MARKET, BY END-USERS

9.1 INTRODUCTION
9.2 BEGINNERS/INTERMEDIATE RIDERS
9.3 ADVANCED RIDERS

10 GLOBAL MOUNTAIN BIKE MARKET, BY END-USERS AGE

10.1 INTRODUCTION
10.2 KIDS/TEENAGERS
10.3 ADULTS
10.4 SENIORS

11 GLOBAL MOUNTAIN BIKE MARKET, BY END-USERS GENDER

11.1 INTRODUCTION
11.2 MEN
11.3 WOMEN
11.4 UNISEX

12 GLOBAL MOUNTAIN BIKE MARKET, BY REGION

12.1 OVERVIEW
12.2 NORTH AMERICA
- 12.2.1 US
- 12.2.2 CANADA
- 12.2.3 MEXICO
12.3 EUROPE
- 12.3.1 GERMANY
- 12.3.2 UK
- 12.3.3 FRANCE
- 12.3.4 ITALY
- 12.3.5 REST OF EUROPE
12.4 ASIA-PACIFIC
- 12.4.1 CHINA
- 12.4.2 JAPAN
- 12.4.3 INDIA
- 12.4.4 REST OF ASIA PACIFIC
12.5 MIDDLE EAST & AFRICA
12.6 SOUTH AMERICA

13 COMPETITIVE LANDSCAPE

13.1 INTRODUCTION
13.2 COMPETITIVE BENCHMARKING
13.3 COMPANY MARKET SHARE ANALYSIS, 2023
13.4 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 13.4.1 NEW PRODUCT DEVELOPMENT
- 13.4.2 MERGER AND ACQUISTION
- 13.4.3 JOINT VENTURES
13.5 COMPETITORS DASHBOARD

14 COMPANY PROFILES

14.1 ACCELL GROUP
- 14.1.1 COMPANY OVERVIEW
- 14.1.2 FINANCIAL OVERVIEW
- 14.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.1.4 KEY DEVELOPMENTS
- 14.1.5 SWOT ANALYSIS
- 14.1.6 KEY STRATEGIESS
14.2 GIANT MANUFACTURING CO. LTD
- 14.2.1 COMPANY OVERVIEW
- 14.2.2 FINANCIAL OVERVIEW
- 14.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.2.4 KEY DEVELOPMENTS
- 14.2.5 SWOT ANALYSIS
- 14.2.6 KEY STRATEGIES
14.3 PIVOT CYCLES
- 14.3.1 COMPANY OVERVIEW
- 14.3.2 FINANCIAL OVERVIEW
- 14.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.3.4 KEY DEVELOPMENTS
- 14.3.5 SWOT ANALYSIS
- 14.3.6 KEY STRATEGIES
14.4 SCOTT SPORTS SA
- 14.4.1 COMPANY OVERVIEW
- 14.4.2 FINANCIAL OVERVIEW
- 14.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.4.4 KEY DEVELOPMENTS
- 14.4.5 SWOT ANALYSIS
- 14.4.6 KEY STRATEGIES
14.5 TRINX BIKES
- 14.5.1 COMPANY OVERVIEW
- 14.5.2 FINANCIAL OVERVIEW
- 14.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.5.4 KEY DEVELOPMENTS
- 14.5.5 SWOT ANALYSIS
- 14.5.6 KEY STRATEGIES
14.6 XDS BICYCLE CO. LTD.
- 14.6.1 COMPANY OVERVIEW
- 14.6.2 FINANCIAL OVERVIEW
- 14.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.6.4 KEY DEVELOPMENTS
- 14.6.5 SWOT ANALYSIS
- 14.6.6 KEY STRATEGIES
14.7 TREK BICYCLE CORPORATION.
- 14.7.1 COMPANY OVERVIEWS
- 14.7.2 FINANCIAL OVERVIEW
- 14.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.7.4 KEY DEVELOPMENTS
- 14.7.5 SWOT ANALYSIS
- 14.7.6 KEY STRATEGIES
14.8 DIAMONDBACK BICYCLES
- 14.8.1 COMPANY OVERVIEWS
- 14.8.2 FINANCIAL OVERVIEW
- 14.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.8.4 KEY DEVELOPMENTS
- 14.8.5 SWOT ANALYSIS
- 14.8.6 KEY STRATEGIES
14.9 SHIMANO INC.
- 14.9.1 COMPANY OVERVIEW
- 14.9.2 FINANCIAL OVERVIEW
- 14.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.9.4 KEY DEVELOPMENTS
- 14.9.5 SWOT ANALYSIS
- 14.9.6 KEY STRATEGIES
14.10 BH BIKES.
- 14.10.1 COMPANY OVERVIEW
- 14.10.2 FINANCIAL OVERVIEW
- 14.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.10.4 KEY DEVELOPMENTS
- 14.10.5 SWOT ANALYSIS
- 14.10.6 KEY STRATEGIES
14.11 SANTA CRUZ.
- 14.11.1 COMPANY OVERVIEW
- 14.11.2 FINANCIAL OVERVIEW
- 14.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
- 14.11.4 KEY DEVELOPMENTS
- 14.11.5 SWOT ANALYSIS
- 14.11.6 KEY STRATEGIES