COVID-19 Impacts: Mountain Bike Market Will Accelerate at a CAGR of Over 5% Through 2020-2024 | Rise in Women Mountain Bikers to Boost Growth | Technavio

Technavio has been monitoring the mountain bike market and it is poised to grow by USD 2.52 bn during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Mountain Bike Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Beistegui Hermanos SA, Cycling Sports Group Inc., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., Merida Industry Co. Ltd., Pivot Cycle, SCOTT Sports SA, Trek Bicycle Corp., and XDS Bikes are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The rise in women mountain bikers has been instrumental in driving the growth of the market.

Mountain Bike Market 2020-2024 : Segmentation

Mountain Bike Market is segmented as below:

• End-user
  • Leisure
  • Competition
• Geographic Landscape
  • North America
  • Europe
  • APAC
  • South America
  • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41094

Mountain Bike Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our mountain bike market report covers the following areas:

• Mountain Bike Market size
• Mountain Bike Market trends
• Mountain Bike Market industry analysis

This study identifies growth in the development of electric mountain bikes as one of the prime reasons driving the mountain bike market growth during the next few years.

Mountain Bike Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the mountain bike market, including some of the vendors such as Beistegui Hermanos SA, Cycling Sports Group Inc., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., Merida Industry Co. Ltd., Pivot Cycle, SCOTT Sports SA, Trek Bicycle Corp., and XDS Bikes. Backed with competitive intelligence and benchmarking, our research reports on the mountain bike market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Mountain Bike Market 2020-2024 : Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist mountain bike market growth during the next five years
• Estimation of the mountain bike market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the mountain bike market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of mountain bike market vendors

Table Of Contents :

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by End-user

• Market segments
• Comparison by End-user placement
• Leisure - Market size and forecast 2019-2024
• Competition - Market size and forecast 2019-2024
• Market opportunity by End-user

Customer Landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Beistegui Hermanos SA
• Cycling Sports Group Inc.
• Derby Cycle Holding GmbH
• Dorel Industries Inc.
• Giant Manufacturing Co. Ltd.
• Merida Industry Co. Ltd.
• Pivot Cycle
• SCOTT Sports SA
• Trek Bicycle Corp.
• XDS Bikes

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200731005028/en/