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Mountain Bike Market Emerging Trends, Strong Application Scope, Size, Status, Analysis and Forecast

Author: Neel Bobde
by Neel Bobde
Posted: Nov 15, 2018
mountain bikes

According to the new market research "Mountain Bike Market [By Type (Cross Country Mountain Bike, Downhill Mountain Bike, Freeride Mountain Bike, Dirt Jumping Mountain Bike, Others); By Distribution Channel (Specialty Bicycle Retailers, Mass Merchants, Full-Line Sporting Goods Store, Outdoor Specialty Store, and Others); By Region]: Market Size & Forecast, 2018 – 2026", The Mountain Bike market is expected to reach USD 3,585 million by 2026 from USD 1,502 million in 2017, at a CAGR of 10.3%.

Mountain bikes are bicycles designed for off-roading and high-performance cycling. Mountain bikes are manufactured to endure rough terrains and mountainous regions while offering high durability and performance. Mountain bikes are categorized into cross country mountain bikes, downhill mountain bikes, freeride mountain bikes, and dirt jumping bikes among others.

PDF Brochure For Future Advancements @ https://www.polarismarketresearch.com/industry-analysis/mountain-bike-market/request-for-free-sample

Major Manufacture In Global Market:-

Trek Bicycle Corporation

Cannondale Bicycle Corporation

Diamondback Bicycles

XDS Bikes

Scott Sports SA

Giant Manufacturing Co. Ltd.

Pivot Cycles

Trinx Bikes

Xidesheng Bicycle Company

Rocky Mountain Bicycles.

The demand for mountain bikes has increased over the years owing to increasing demand for electric mountain bikes, and growing environmental concerns. The demand for sports and adventure activities has significantly increased the adoption of mountain bikes. The increasing initiatives from governments and private organizations to promote sports activities and support the participation of women in adventure activities further supports market growth. Growing demand from emerging economies, increasing tourism activities, and technological advancements are expected to provide numerous growth opportunities in the coming years.

Make Inquiry about this report @ https://www.polarismarketresearch.com/industry-analysis/mountain-bike-market/inquire-before-buying

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Mountain Bike Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific. North America generated the highest revenue in 2017 owing to increasing tourism industry, and growing trend of adventure sports in this region. The high purchasing power of consumers, and technological advancements drive the market growth in the region.

Competitive Landscape

The global Mountain Bike market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

About us Polaris Market Research

Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

Contact us-

Mr. Neel

Corporate Sales, USA

Polaris Market Research

Phone: 1-646-568-9980

About the Author

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.

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Author: Neel Bobde
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Neel Bobde

Member since: Oct 22, 2018
Published articles: 340

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