Pune, India -- (SBWIRE) -- 04/30/2018 -- "Mountain Bike Market Analysis 2018 to 2023" Research Report added by the MarketResearchFuture, global Mountain Bike market is predicted to grow at 8% CAGR by 2023. Mountain Bike market report provides detailed insights on acting forces in market with drivers, opportunities, restraints and challenges industry facing. Report provides comprehensive information on Mountain Bike Market shares, size, competitive insights, key player's analysis, with regional forecast to 2023.

Market Highlights:

Global Mountain Bike Market Information Report By type (Downhill Bikes, Freeride Bikes, Dirt Jumping Bikes), by application (Racing, Amateurish) and By Region - Forecast To 2023.

Key players in Mountain Bike market mentioned:

Giant Manufacturing Co. Ltd. (Taiwan), Trek Bicycle Corporation (U.S.), Specialized Bicycle Components, Inc. (U.S.), Cannondale Bicycle Corporation (U.S.), Santa Cruz Bicycles (U.S.), GT Bicycles (U.S.), Merida Industry Co., Ltd (Taiwan), Kona Bike (U.S.), Rocky Mountain Bicycles (Canada), Marin Bikes Company (U.S.) and Diamondback Bicycles (U.S.).

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Mountain biking tourism is acting as a catalyst for economic development in various developing countries, all over the globe. Mountain biking focuses on off-road travel where bikers ride on dirt roads, and uneven terrains to reach their destination. This is very environment-friendly industry, which offers healthy, recreational, and non-polluting sustainable transport to riders. Mountain bike tourism is also helpful in bringing revenue for the host community and region.

The major challenge faced by the market is development of electric mountain bikes. Continuous advances in design and technology of mountain bikes has led to the development of electric mountain bikes. These help the riders to amplify the pedaling power, which makes mountain biking less fatiguing for the riders. In case of uphill riding, riders choose high level of support from the engine to enhance the riding experience.

Geographically, the global mountain bike market has been divided as four major regions such as North America, Europe, Asia Pacific and Rest of the World.  North America region is expected to dominate the global mountain bike market over the forecast period owing to the existence of countries such U.S and Canada. Canada has a large number of mountain biking operators who offer various types of mountain biking including downhill, cross country, freeride, and dirt jumping. Operators who run ski resorts during winters take advantage of summer activities and provide trails for mountain biking. In U.S., NORBA, as part of USA Cycling, runs the National Mountain Bike Series, and the NCCA is the governing body for collegiate cycling. The growth of the mountain bike market would be followed by Asia Pacific and Europe region respectively. Initiatives by these governing bodies drive the growth of the market in the region.

The report for Global Mountain Bike Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Major Table of Content:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter's Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

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