Mountain Bike Market Research Report - Global Forecast 2023

Mountain Bike Market Research Report - Global Forecast 2023

ID: MRFR/AM/3727-HCRR | October, 2018 | Region: Global | 100 pages | Half-Cooked Research Reports

Global Mountain Bike Market Research Report: Information By Type (Cross Country Bikes, All Mountain Bikes, Downhill Bikes, Freeride Bikes, Dirt Jumping Bikes), Application (Racing, Leisure), and Region (North America, Europe, APAC, RoW) - Forecast till 2023


Market Scenario:


A mountain bike or a mountain bicycle is primarily a bicycle, which is designed for activities such as off-roading and high-performance cycling. The mountain bikes are designed to be extremely durable and can perform with enhanced durability in rough terrains and mountainous regions. Mountain bikes generally include a set of suspension system either on the front and the rear end, or only the front end, or without a suspension system. Suspension ensures riding comfort by absorbing majority shocks. Thus, the bike rider fatigue is reduced drastically since majority shocks from the bike chassis are not transferred. 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. The suspension should also withstand force, which is not exerted always in a linear fashion along the line of the suspension axis. A set of gears having a low gear ratio for ascending steep inclines, a high gear ratio for descending steep terrains, and a set of large, bulky & corrugated tires are some of the highlighting features of these bikes. These bikes most often use a set of disc brakes installed at both the wheels. These brakes are more powerful, providing instant braking action as and when needed, which is very essential especially in the off-road conditions. The disc brakes provide a braking action, which is much more efficient than the conventional clamp brakes attached at both the bicycle wheels.


There are several factors responsible for the growth of mountain bike market over time in the global scenario. Firstly, the increase in accidents during bike riding competitions has pushed the bicycle manufacturers to produce more durable and sturdy bikes. Secondly, the economic development of the country is sped up due to the mountain biking competitions, which lead to the growth of the mountain biking tourism. Thirdly, the importance & awareness of fitness related activities has led people to pursue endurance sports. Fourthly, bicycle manufacturers are trying to offer a variety of products to increase their product sales by increasing the popularity of the bicycles. All these factors will lead to the growth of the global mountain bike market, which is expected to expand at ~10% CAGR (2018 to 2023).


Mountain Bike Market by Segmentation:


On the basis of type, cross country bikes are the most popular and are the most widely sold. These bikes are used for riding for longer durations through the vast forests and natural trails. These bikes aren’t built to sustain extreme heavy activities and high forces, and are rather built to have a strong endurance. These bikes thus require precise control to be ridden through the long stretches of natural landscapes. All mountain bikes are built to be ridden specifically through the mountainous terrain and rough patches of land. These bikes are, thus designed, to be extremely durable to sustain the constant forces being exerted on its components from almost any direction. Downhill bikes are used to ride the bike through the downhill trails, which are usually more or less in a straight line in the mountain terrain. These bikes are extremely sturdy and made from light material so that control can be achieved easily by the rider. Dirt jumping bikes require the rider to jump off from one mound of sand, to other over long distances. These bikes need to have a highly durable suspension system and a chassis, which do not buckle under the force of the jumps being carried out. Free riding bikes are expected to carry out multiple trails and hence, are somewhat similar to the cross country bikes but are sturdier as they are meant for encountering unpredictable terrains.


 Mountain Bike Market


On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. North America region is expected to dominate the global mountain bike market primarily due to countries such as U.S. and Canada. These countries have some mountain bike competition operators who offer a variety of mountain biking activities such as cross-country, freeride, dirt jumping and downhill. The ski resort operators who provide different activities in the winter season also offer trails for carrying out mountain biking in summers. The U.S. government encourages physical activities for increasing the endurance and the well-being of its citizens. In this context, the mountain biking activities have been increasing at rapid pace.


Key Players


The key players in mountain bike market are The Cannondale Bicycle Corporation (U.S.), Giant Manufacturing Co. Ltd. (Taiwan), Pivot Cycles (U.S.), Scott Sports SA (Switzerland), Trek Bicycle Corporation (U.S.) and Trinx Bikes (Taiwan). XDS Bikes (Australia), Xidesheng bicycle company (China), CUBE Bikes (China) and Diamondback Bicycles (U.S.) are among others.


The report for Global Mountain Bike Market of Market Research Future comprises 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.

Table of Contents



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

5 Global Mountain Bike Market, By Type

5.1 Introduction

5.2 Cross Country Bikes

5.2.1 Market Estimates & Forecast, 2017-2023

5.2.2 Market Estimates & Forecast by Region, 2017-2023

5.3 All Mountain Bikes

5.3.1 Market Estimates & Forecast, 2017-2023

5.3.2 Market Estimates & Forecast by Region, 2017-2023

5.4 Downhill Bikes

5.4.1 Market Estimates & Forecast, 2017-2023

5.4.2 Market Estimates & Forecast by Region, 2017-2023

5.5 Freeride Bikes

5.5.1 Market Estimates & Forecast, 2017-2023

5.5.2 Market Estimates & Forecast by Region, 2017-2023

5.6 Dirt Jumping Bikes

5.6.1 Market Estimates & Forecast, 2017-2023

5.6.2 Market Estimates & Forecast by Region, 2017-2023

5.7 Others

5.7.1 Market Estimates & Forecast, 2017-2023

5.7.2 Market Estimates & Forecast by Region, 2017-2023





6 Global Mountain Bike Market, By Application

6.1 Introduction

6.2 Racing

6.2.1 Market Estimates & Forecast, 2017-2023

6.2.2 Market Estimates & Forecast by Region, 2017-2023

6.3 Leisure

6.3.1 Market Estimates & Forecast, 2017-2023

6.3.2 Market Estimates & Forecast by Region, 2017-2023



7 Global Mountain Bike Market, By Region

7.1 Introduction

7.2 North America

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Type, 2017-2023

7.2.3 Market Estimates & Forecast by Application, 2017-2023

7.2.4 U.S.

7.2.4.1 Market Estimates & Forecast, 2017-2023

7.2.4.2 Market Estimates & Forecast by Type, 2017-2023

7.2.4.3 Market Estimates & Forecast by Application, 2017-2023

7.2.5 Canada

7.2.5.1 Market Estimates & Forecast, 2017-2023

7.2.5.2 Market Estimates & Forecast by Type, 2017-2023

7.2.5.3 Market Estimates & Forecast by Application, 2017-2023

7.3 Europe

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Type, 2017-2023

7.3.3 Market Estimates & Forecast by Application, 2017-2023

7.3.4 U.K.

7.3.4.1 Market Estimates & Forecast, 2017-2023

7.3.4.2 Market Estimates & Forecast by Type, 2017-2023

7.3.4.3 Market Estimates & Forecast by Application, 2017-2023

7.3.5 Germany

7.3.5.1 Market Estimates & Forecast, 2017-2023

7.3.5.2 Market Estimates & Forecast by Type, 2017-2023

7.3.5.3 Market Estimates & Forecast by Application, 2017-2023

7.3.6 France

7.3.6.1 Market Estimates & Forecast, 2017-2023

7.3.6.2 Market Estimates & Forecast by Type, 2017-2023

7.3.6.3 Market Estimates & Forecast by Application, 2017-2023

7.3.7 Italy

7.3.7.1 Market Estimates & Forecast, 2017-2023

7.3.7.2 Market Estimates & Forecast by Type, 2017-2023

7.3.7.3 Market Estimates & Forecast by Application, 2017-2023

7.3.8 Rest of Europe

7.3.8.1 Market Estimates & Forecast, 2017-2023

7.3.8.2 Market Estimates & Forecast by Type, 2017-2023

7.3.8.3 Market Estimates & Forecast by Application, 2017-2023





7.4 Asia Pacific

7.4.1 Market Estimates & Forecast, 2017-2023

7.4.2 Market Estimates & Forecast by Type, 2017-2023

7.4.3 Market Estimates & Forecast by Application, 2017-2023

7.4.4 China

7.4.4.1 Market Estimates & Forecast, 2017-2023

7.4.4.2 Market Estimates & Forecast by Type, 2017-2023

7.4.4.3 Market Estimates & Forecast by Application, 2017-2023

7.4.5 Japan

7.4.5.1 Market Estimates & Forecast, 2017-2023

7.4.5.2 Market Estimates & Forecast by Type, 2017-2023

7.4.5.3 Market Estimates & Forecast by Application, 2017-2023

7.4.6 India

7.4.6.1 Market Estimates & Forecast, 2017-2023

7.4.6.2 Market Estimates & Forecast by Type, 2017-2023

7.4.6.3 Market Estimates & Forecast by Application, 2017-2023

7.4.7 Rest of Asia Pacific

7.4.7.1 Market Estimates & Forecast, 2017-2023

7.4.7.2 Market Estimates & Forecast by Type, 2017-2023

7.4.7.3 Market Estimates & Forecast by Application, 2017-2023

7.5 Rest of the World

7.5.1 Market Estimates & Forecast, 2017-2023

7.5.2 Market Estimates & Forecast by Type, 2017-2023

7.5.3 Market Estimates & Forecast by Application, 2017-2023



8 Competitive Landscape

9 Company Profile

9.1 The Cannondale Bicycle Corporation (U.S.)

9.1.1 Company Overview

9.1.2 Products/Services Offering

9.1.3 Financial Overview

9.1.4 Key Developments

9.1.5 Strategy

9.1.6 SWOT Analysis

9.2 Giant Manufacturing Co. Ltd. (Taiwan)

9.2.1 Company Overview

9.2.2 Products/Services Offering

9.2.3 Financial Overview

9.2.4 Key Developments

9.2.5 Strategy

9.2.6 SWOT Analysis

9.3 Pivot Cycles (U.S.)

9.3.1 Company Overview

9.3.2 Products/Services Offering

9.3.3 Financial Overview

9.3.4 Key Developments

9.3.5 Strategy

9.3.6 SWOT Analysis

9.4 Scott Sports SA (Switzerland)

9.4.1 Company Overview

9.4.2 Products/Services Offering

9.4.3 Financial Overview

9.4.4 Key Developments

9.4.5 Strategy

9.4.6 SWOT Analysis

9.5 Trek Bicycle Corporation (U.S.)

9.5.1 Company Overview

9.5.2 Products/Services Offering

9.5.3 Financial Overview

9.5.4 Key Developments

9.5.5 Strategy

9.5.6 SWOT Analysis

9.6 Trinx Bikes (Taiwan)

9.6.1 Company Overview

9.6.2 Products/Services Offering

9.6.3 Financial Overview

9.6.4 Key Developments

9.6.5 Strategy

9.6.6 SWOT Analysis

9.7 XDS Bikes (Australia)

9.7.1 Company Overview

9.7.2 Products/Services Offering

9.7.3 Financial Overview

9.7.4 Key Developments

9.7.5 Strategy

9.7.6 SWOT Analysis



9.8 Xidesheng bicycle company (China)

9.8.1 Company Overview

9.8.2 Products/Services Offering

9.8.3 Financial Overview

9.8.4 Key Developments

9.8.5 Strategy

9.8.6 SWOT Analysis



9.9 CUBE Bikes (China)

9.9.1 Company Overview

9.9.2 Products/Services Offering

9.9.3 Financial Overview

9.9.4 Key Developments

9.9.5 Strategy

9.9.6 SWOT Analysis

9.10 Diamondback Bicycles (U.S.)

9.10.1 Company Overview

9.10.2 Products/Services Offering

9.10.3 Financial Overview

9.10.4 Key Developments

9.10.5 Strategy

9.10.6 SWOT Analysis





List of Tables



Table 1 Global Mountain Bike Market: By Region, 2017-2023

Table 2 North America Mountain Bike Market: By Country, 2017-2023

Table 3 Europe Mountain Bike Market: By Country, 2017-2023

Table 4 Asia Pacific Mountain Bike Market: By Country, 2017-2023

Table 5 RoW Mountain Bike Market: By Country, 2017-2023

Table 6 Global Mountain Bike Market, By Type, By Regions, 2017-2023

Table 7 North America Mountain Bike Market, By Type, By Country, 2017-2023

Table 8 Europe Mountain Bike Market, By Type, By Country, 2017-2023

Table 9 Asia Pacific Mountain Bike Market by Type, By Country, 2017-2023

Table 10 RoW Mountain Bike Market by Type, By Country, 2017-2023

Table 11 Global Mountain Bike by Application Market: By Regions, 2017-2023

Table 12 North America Mountain Bike Market by Application: By Country, 2017-2023

Table 13 Europe Mountain Bike Market by Application: By Country, 2017-2023

Table 14 Asia Pacific Mountain Bike Market by Application: By Country, 2017-2023

Table 15 RoW Mountain Bike Market by Application: By Country, 2017-2023

Table 16 Global Mountain Bike by Application Market: By Regions, 2017-2023

Table 17 North America Mountain Bike Market by Application: By Country, 2017-2023

Table 18 Europe Mountain Bike Market by Application: By Country, 2017-2023

Table 19 Asia Pacific Mountain Bike Market by Application: By Country, 2017-2023

Table 20 RoW Mountain Bike Market by Application: By Country, 2017-2023

Table 21 Global Mountain Bike Market: By Region, 2017-2023

Table 22 Global Mountain Bike Market: By Type, 2017-2023

Table 23 Global Mountain Bike Market: By Application, 2017-2023

Table 24 North America Mountain Bike Market, By Country

Table 25 North America Mountain Bike Market, By Type

Table 26 North America Mountain Bike Market, By Application

Table 27 Europe: Mountain Bike Market, By Country

Table 28 Europe: Mountain Bike Market, By Type

Table 29 Europe: Mountain Bike Market, By Application

Table 30 Asia Pacific: Mountain Bike Market, By Country

Table 31 Asia Pacific: Mountain Bike Market, By Type

Table 32 Asia Pacific: Mountain Bike Market, By Application

Table 33 RoW: Mountain Bike Market, By Region

Table 34 RoW Mountain Bike Market, By Type

Table 35 RoW Mountain Bike Market, By Application





List of Figures

FIGURE 1 Research Process of MRFR

FIGURE 2 Top down & Bottom up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact analysis: market drivers

FIGURE 5 Impact analysis: market restraints

FIGURE 6 Porter’s five forces analysis

FIGURE 7 Value chain analysis

FIGURE 8 Global Mountain Bike Market Share, By Type, 2016 (%)

FIGURE 9 Global Mountain Bike Market, By Type, 2015-2023 (USD MILLION)

FIGURE 10 Global Mountain Bike Market Share, By Application, 2016 (%)

FIGURE 11 Global Mountain Bike Market, By Application, 2015-2023 (USD MILLION)

FIGURE 12 Global Mountain Bike Market Share (%), BY REGION, 2016

FIGURE 13 Global Mountain Bike Market, BY REGION, 2015-2023 (USD MILLION)

FIGURE 14 North America Mountain Bike Market Share (%), 2016

FIGURE 15 North America Mountain Bike Market BY Country, 2015-2023 (USD MILLION)

FIGURE 16 Europe Mountain Bike Market Share (%), 2016

FIGURE 17 Europe Mountain Bike Market BY Country, 2015-2023 (USD MILLION)

FIGURE 18 Asia Pacific Mountain Bike Market Share (%), 2016

FIGURE 19 Asia Pacific Mountain Bike Market BY Country, 2015-2023 (USD MILLION)

FIGURE 20 Rest of the World Mountain Bike Market Share (%), 2016

FIGURE 21 Rest of the World Mountain Bike Market BY Country, 2015-2023 (USD MILLION)