Pune, Maharashtra -- (SBWIRE) -- 12/10/2019 -- Mountain Bike Market 2019

Description: -

A mountain bike or mountain bicycle, often known as an MTB, is specifically designed for off-road cycling. Its features are quite similar to that of a normal bike but there are some changes that have been incorporated in the design to specifically assist riders on a difficult track like on the mountain. These bikes have full suspension that is of top-class quality, often comes with large knobby tires, wheels that are durable, better brakes, straight handlebars for better efficiency, and lower gear ratios to assist in the climbing of steep grades. The global market for mountain bikes can bank on these qualities to make sure that the growth goes up in the coming years.

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Major Key Players

The leading companies profiled in the report include Trek Bicycle Corporation, Cannondale Bicycle Corporation, Diamondback Bicycles, XDS Bikes, Scott Sports SA, Giant Manufacturing Co. Ltd., Pivot Cycles, Trinx Bikes, Xidesheng Bicycle Company, and Rocky Mountain Bicycles.

Mountain bikes are made for mostly fire roads, single track, mountain trails, and several other unpaved surfaces. These terrains often exhibit features like roots, loose dirt, rocks, and steep grades. Some of the tracks made for competition come with technical trail features like gap jumps, log piles, log rides, skinnies, rock gardens, and wall-rides. These bikes come with stronger rims and better tires to provide better comfort. In many urban areas, people are using these bikes to avoid potholes and control bikes over curbs.
The global market is depending strongly on the promotion of such bikes and adventure sports. Manufacturers are organizing events to bring in more participants and increase their sales. However, the number of people seeking thrill from such sports is also rising due to the high level of exposure. These factors can significantly inspire better growth for the market. But its price can be a distracting point for the market in developing countries.

Segmentation:
The global market for mountain bikes can be studied on the basis of type and segmentation that can influence the prospects of the market. Inputs and insights are also expected to influence the decisions of the market and its players' strategies.
By type, the global market for mountain bikes can be segmented into Freeride Mountain Bike, Downhill Mountain Bike, Cross Country Mountain Bike, Dirt Jumping Mountain Bike, and Others.
By application, the global market for mountain bikes can be segmented into Mass Merchants, Specialty Bicycle Retailers, Outdoor Specialty Store, Full-Line Sporting Goods Store, and Others.

Regional Analysis:
North America is a major area where the development of the market would depend much on the inclination towards adventure games. There are several manufacturing companies with the ability to impact the growth with their strategic developments. There are other factors like the strong investment capacity of both manufacturers and consumers, increasing technological support, and others can inspire regional market growth. Europe would follow similar trails, and the growth in the Asia Pacific would witness a hike in the growth with rising exposures of the segment among normal people.

Industry News:
In November 2019, Delfast Offroad electric bike came up with a new model that has the potential of not sacrificing speed for the trail. The England-based company has launched this model with a 72V battery and 5 kW peak-rated rear-hub motor.

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Table of Contents – Major Key Points

1. Overview and Scope
2. Executive Summary
3. Mountain Bike Market Insights
4. Mountain Bike Market Size and Forecast, 2017-2026 by Type
5. Mountain Bike Market Size and Forecast, 2017-2026 by Distribution Channel
6. Mountain Bike Market Size and Forecast, 2017-2026 by Region
7. Company Profiles

Continued….

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