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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Mountain Bike Market
Request Now !A mountain bike is a bicycle designed for activities such as off-roading and high-performance cycling. Mountain bikes are durable and can perform with enhanced durability in rough terrains and mountainous regions. Mountain bikes consist of suspension system either on the front or at the rear end. The suspension system has to be made from durable and high-quality material, which is capable of withstanding high amount of repetitive actions and severe shocks & loads. Mountain bikes most often use a set of disc brakes installed at both the wheels. These brakes are more powerful, providing instant braking action.
Market scope and structure analysis
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value (USD) |
Segments covered | Type and Application |
Regions covered | North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and Middle East and Africa |
Companies covered | The Cannondale Bicycle Corporation, Giant Manufacturing Co. Ltd., Pivot Cycles, Scott Sports, Trek Bicycle Corporation, Trinx Bikes, MXDS Bikes, Xidesheng bicycle company, CUBE Bikes and Diamondback Bicycles |
Covid-19 Scenario Analysis
The significant factors impacting the growth of global mountain bike market are increasing accidents in bike riding competitions and the economic development of the country is speed up due to the mountain biking competitions, which lead to the growth of the mountain biking tourism. However, only single use & riding skills and costly maintenance hampers the growth of global mountain bike market. On the other hand, robust technology and hike in sales of riding bikes will fuel demand in the global mountain bike market.
Increase in accidents during bike riding competitions has pushed the bicycle manufacturers to produce more durable and sturdy bikes. As mountain bikes are used in rough terrains and mountainous regions. Thus increasing demand of more sturdy and durable bikes, leads to the growth of global mountain bike in near future.
With the increasing competitions of mountain bikes, their demand has increased. Mountain bikes competitions leads to earn money and increases the demand of mountain bike market. Thus increasing competition leads to the economic development of the country and also leads to the growth of the mountain bikes market in near future.
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