Global Mountain Bicycles Market Size, Share & Trends Analysis Report, By Type (Cross Country Bikes, All Mountain Bikes, Downhill Bikes, Freeride Bikes, Dirt Jumping Bikes), By Application (Racing, Leisure), By Distribution Channel (Specialty Bicycle Retailers, Mass Merchants, Full-Line Sporting Goods Store, Outdoor Specialty Store, Others) and By Region, And Segment Forecasts, Till – 2030.
Report ID : IR100130 | Industries : Automotive and Transportation | Published On :January 2024 | Page Count : 211
Global Mountain Bicycles Market Size, Share & Trends Analysis Report, By Type (Cross Country Bikes, All Mountain Bikes, Downhill Bikes, Freeride Bikes, Dirt Jumping Bikes), By Application (Racing, Leisure), By Distribution Channel (Specialty Bicycle Retailers, Mass Merchants, Full-Line Sporting Goods Store, Outdoor Specialty Store, Others) and By Region, And Segment Forecasts, Till – 2030
Market Overview
According to Intellistic Research, the global Mountain Bicycles market estimated at USD 9.5 billion in 2022 and will expand at a compound annual growth rate (CAGR) of 2.7% from 2023 to 2030. Key players in the Mountain Bicycles market employ various strategies to maintain and enhance their market presence. These strategies help key players capture a significant market share and remain competitive in the dynamic Mountain Bicycles market. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated includes proficient analysis, predictive analysis, prescriptive analysis, cumulative analysis, and value chain analysis.
Mountain Bicycles MARKET DYNAMICS: KEY DRIVERS & RESTRAINTS
Growing global apprehensions regarding road accidents involving bicycles will drive the market growth
The rising worries about on-road bicycle accidents on a global scale are driving growth in the mountain bicycle market. Safety-conscious cyclists, seeking alternatives to congested roads and urban risks, view mountain bikes as a safer choice. This is encouraging a greater number of individuals to venture into off-road trails and recreational areas. The increased demand for mountain bikes is fueled by the quest for safer cycling experiences, contributing to the expansion of the mountain bicycle industry.
The mountain bicycles come with a substantial price tag will restraint the market growth
The market may face a limitation due to the elevated expenses linked with mountain bicycles. A significant portion of potential buyers might perceive premium mountain bikes as too costly, restricting their widespread adoption. Cost-conscious consumers might choose alternative modes of transportation or more budget-friendly bicycle alternatives. To overcome this obstacle and broaden the appeal to a wider audience, manufacturers should contemplate providing various price ranges, financing choices, or promotional offerings that enhance affordability and accessibility to mountain biking.
How are Segments Performing in the Global Mountain Bicycles Market?
Mountain Bicycles Product Type Segment Breakdown
According to Intellistic Research, the Mountain Bicycles market by product type is segmented into Cross Country Bikes, All Mountain Bikes, Downhill Bikes, Freeride Bikes and Dirt Jumping Bikes.
Mountain Bicycles Application Segment Breakdown
According to Intellistic Research, based on application, the market is bifurcated into Racing, Leisure.
Mountain Bicycle Distribution Channel Segment Breakdown
According to ntellistic Research, based on distribution channel the market is segmented into Specialty Bicycle Retailers, Mass Merchants, Full-Line Sporting Goods Store, Outdoor Specialty Store, Others.
Mountain Bicycles Geographic Exploration
According to Intellistic Research, North America is anticipated to lead the mountain bicycles market primarily because of extensive and widespread promotion of the mountain bike market within the region.
COMPETITIVE LANDSCAPE & RECENT DEVELOPMENT: Mountain Bicycles
The competitive landscape of the market is partially consolidated. The significant players rapidly evolve with new strategies to attain a competitive edge and capture significant market share.
• For Instance, In March 2021, Specialized entered into a partnership with Redwood Materials to tackle the recycling challenges associated with batteries in the most widely used electric vehicle - bicycles. This strategic collaboration sought to recover valuable materials for reintegration into the manufacturing process. Additionally, it aimed to explore smarter design approaches to improve recyclability at the conclusion of the product's lifecycle.
Noticeable Players Functioning in The Global Mountain Bicycles Market Include:
• Trek Bicycle Corporation
• Cannondale Bicycle Corporation
• Diamondback Bicycles
• Halmarc International
• Jindal Fine Industries
• Yeti Cycles
• XDS Bikes
• Canyon
• Santa Cruz Bicycles
• Scott Sports SA
KEY BREAKDOWN: Mountain Bicycles Market
By Type:
• Cross Country Bikes
• All Mountain Bikes
• Downhill Bikes
• Freeride Bikes
• Dirt Jumping Bikes
By Application:
• Racing
• Leisure
By Distribution:
• Specialty Bicycle Retailers
• Mass Merchants
• Full-Line Sporting Goods Store
• Outdoor Specialty Store
• Others
Geographical Exploration:
• North America
o The USA
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o South East Asia
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of Latin America
• Middle East and Africa
o GCC Countries
o South Africa
o Rest of MEA
1. Research Methodology
1.1. Global Mountain Bicycles Market Snapshot, 2023 and 2030
1.2. Data Mining
1.3. Validation
1.4. Primary Interviews
1.5. List of Data Sources
1.6. Future Market Projections
1.7. Industry Developments and Key Market Events
2. Executive Summary
3. Market Overview
3.1. Market Scope and Definition
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunity
3.2.4. Challenges
3.2.5. Cumulative Impact due to Recent Energy Crisis
3.2.6. Cumulative Impact due to Nearing Economic Downturn
3.2.7. Post Covid-19 World Supply & Demand Conditions
3.2.8. Cumulative Impact of Russia-Ukraine Conflict
3.2.9. Key Trends
3.3. Mountain Bicycles Market: Value Chain
3.3.1. List of Raw Material Supplier
3.3.2. List of Manufacturers
3.3.3. List of Applications
3.4. Porter Five Force’s Analysis
3.5. Regulatory and Technology Landscape
4. Global Mountain Bicycles Market Outlook: Forecast (2023 – 2030)
4.1. Key Highlights
4.1.1. Market Size and Y-o-Y Growth
4.1.2. Absolute $ Opportunity
4.2. Market Size (US$ Mn) Analysis and Forecast
4.2.1. Current Market Size Forecast, 2023–2030
4.3. Global Mountain Bicycles Market Outlook: Type
4.3.1. Introduction / Key Findings
4.3.2. Market Size (US$ Mn) and Forecast Type, 2023 – 2030
4.3.2.1. Cross Country Bikes
4.3.2.2. All Mountain Bikes
4.3.2.3. Downhill Bikes
4.3.2.4. Freeride Bikes
4.3.2.5. Dirt Jumping Bikes
4.4. Market Attractiveness Analysis: Component
4.5. Global Mountain Bicycles Market Outlook: Distribution Channel
4.5.1. Introduction / Key Findings
4.5.2. Market Size (US$ Mn) and Forecast By Distribution Channel, 2023 – 2030
4.5.2.1. Specialty Bicycle Retailers
4.5.2.2. Mass Merchants
4.5.2.3. Full-Line Sporting Goods Store
4.5.2.4. Outdoor Specialty Store
4.5.2.5. Others
5. Global Mountain Bicycles Market Outlook: Region
5.1. Key Highlights
5.2. Market Size (US$ Mn) and Forecast By Region, 2023 – 2030
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Latin America
5.2.5. Middle East & Africa (MEA)
6. North America Mountain Bicycles Market Outlook: Forecast (2023 – 2030)
6.1. Key Highlights
6.2. Pricing Analysis
6.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2022
6.3.1. By Country
6.3.2. By Type
6.3.3. By Distribution Channel
6.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
6.4.1. U.S.
6.4.2. Canada
6.4.3. Mexico
6.5. Market Size (US$ Mn) and Forecast By Type, 2023 – 2030
6.5.1. Single Occupancy Sleeping Pods
6.5.2. Shared Occupancy Sleeping Pods
6.6. Market Size (US$ Mn) and Forecast By Distribution Channel, 2023 – 2030
6.6.1.1. Specialty Bicycle Retailers
6.6.1.2. Mass Merchants
6.6.1.3. Full-Line Sporting Goods Store
6.6.1.4. Outdoor Specialty Store
6.6.1.5. Others
7. Europe Mountain Bicycles Market Outlook: Forecast (2023 – 2030)
7.1. Key Highlights
7.2. Pricing Analysis
7.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
7.3.1. By Country
7.3.2. By Type
7.3.3. By Distribution Channel
7.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
7.4.1. Germany
7.4.2. France
7.4.3. U.K.
7.4.4. Russia
7.4.5. Italy
7.4.6. Spain
7.4.7. Rest of Europe
7.5. Market Size (US$ Mn) and Forecast By Type, 2023 – 2030
7.5.1. Single Occupancy Sleeping Pods
7.5.2. Shared Occupancy Sleeping Pods
7.6. Market Size (US$ Mn) and Forecast By Distribution Channel, 2023 – 2030
7.6.1. Specialty Bicycle Retailers
7.6.2. Mass Merchants
7.6.3. Full-Line Sporting Goods Store
7.6.4. Outdoor Specialty Store
7.6.5. Others
8. Asia Pacific Mountain Bicycles Market Outlook: Forecast (2023 – 2030)
8.1. Key Highlights
8.2. Pricing Analysis
8.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
8.3.1. By Country
8.3.2. By Type
8.3.3. By Distribution Channel
8.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. New Zealand
8.4.7. Singapore
8.4.8. Malaysia
8.4.9. Rest of Asia
8.5. Market Size (US$ Mn) and Forecast By Type, 2023 – 2030
8.5.1. Single Occupancy Sleeping Pods
8.5.2. Shared Occupancy Sleeping Pods
8.6. Market Size (US$ Mn) and Forecast By Distribution Channel, 2023 – 2030
8.6.1. Children
8.6.2. Adults
9. Latin America Mountain Bicycles Market Outlook: Forecast (2023 – 2030)
9.1. Key Highlights
9.2. Pricing Analysis
9.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
9.3.1. By Country
9.3.2. By Type
9.3.3. By Distribution Channel
9.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Colombia
9.4.4. Peru
9.4.5. Chile
9.4.6. Venezuela
9.4.7. Rest of Latin America
9.5. Market Size (US$ Mn) and Forecast By Type, 2023 – 2030
9.5.1. Single Occupancy Sleeping Pods
9.5.2. Shared Occupancy Sleeping Pods
9.6. Market Size (US$ Mn) and Forecast By Distribution Channel, 2023 – 2030
9.6.1. Specialty Bicycle Retailers
9.6.2. Mass Merchants
9.6.3. Full-Line Sporting Goods Store
9.6.4. Outdoor Specialty Store
9.6.5. Others
10. Middle East & Africa Mountain Bicycles Market Outlook: Forecast (2023 – 2030)
10.1. Key Highlights
10.2. Pricing Analysis
10.3. Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2023 – 2030
10.3.1. By Country
10.3.2. By Type
10.3.3. By Distribution Channel
10.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
10.4.1. Saudi Arabia
10.4.2. UAE
10.4.3. Egypt
10.4.4. Kuwait
10.4.5. South Africa
10.4.6. Rest of Middle East & Africa
10.5. Market Size (US$ Mn) and Forecast By Type, 2023 – 2030
10.5.1. Single Occupancy Sleeping Pods
10.5.2. Shared Occupancy Sleeping Pods
10.6. Market Size (US$ Mn) and Forecast By Distribution Channel, 2023 – 2030
10.6.1. Specialty Bicycle Retailers
10.6.2. Mass Merchants
10.6.3. Full-Line Sporting Goods Store
10.6.4. Outdoor Specialty Store
10.6.5. Others
11. Competition Analysis
11.1. Market Share Analysis Of Top Vendors
11.2. Market Structure
11.2.1. Competition Intensity Mapping By Market
11.2.2. Competition Dashboard
11.2.3. Key Development Strategies
11.3. Company Profiles
11.3.1. Trek Bicycle Corporation
11.3.1.1. Overview
11.3.1.2. Offerings
11.3.1.3. Business Segment & Geographic Overview
11.3.1.4. Key Financials
11.3.1.5. Key Market Developments
11.3.1.6. Key Market Strategy
11.3.2. Cannondale Bicycle Corporation
11.3.3. Diamondback Bicycles
11.3.4. Halmarc International
11.3.5. Jindal Fine Industries
11.3.6. Yeti Cycles
11.3.7. XDS Bikes
11.3.8. Canyon
11.3.9. Santa Cruz Bicycles
11.3.10. Scott Sports SA