Global Mountain Bike Market Report 2017 - Forecasts to 2021
DUBLIN, November 22, 2017 /PRNewswire/ --
The "Global Mountain Bike Market 2017-2021" report has been added to Research and Markets' offering.
The global mountain bike market to grow at a CAGR of 9.84% during the period 2017-2021.
Global Mountain Bike Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is mountain biking tourism acts as a catalyst for economic development. Mountain biking primarily focuses on off-road travel where the bikers ride on gravel, dirt roads, and uneven terrains to reach their destination. This is an environment-friendly industry that offers healthy, recreational, and non-polluting sustainable transport to the riders. Mountain bike tourism helps to bring in revenue for the host community and region. People travel various destinations around the world for experiencing mountain biking.
According to the report, one driver in the market is increase in accidents and crashes, and related injuries. Mountain biking is a popular and an exciting off-road adventure sport, which is witnessing an increase in the number of participants and competitions. During the hike, the riders travel through uneven terrains and are highly prone to danger as they are unaware of the surface irregularities of the trail. Although various companies have developed safety equipment to enhance the safety of the bikers, they are still prone to both minor and major accidents as they are unaware of the terrain ahead.
Further, the report states that one challenge in the market is growth in development of electric mountain bikes. Continuous advances in mountain bikes in terms of design and technology have led to the development of electric mountain bikes. The electric mountain bikes help the riders to amplify the pedaling power, which makes mountain biking less exhausting for the riders. It also helps in compensating the differences in performance as the stronger riders can prefer to choose a lower level of engine support or can switch off the engine. In case of uphill riding, other riders can choose a higher level of support from the engine to amplify the riding experience.
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Key vendors
- Cannondale
- Giant Bicycles
- Pivot Cycles
- SCOTT Sports
- Trek Bicycle Corporation
- TRINX
- XDS BICYCLES
Other prominent vendors
- CUBE
- Diamondback Bicycles
- Fuji
- GT Bicycle
- LAPIERRE
- Marin Bikes
- MERIDA
- Norco Bicycles
- Rocky Mountain Bicycles
- Santa Cruz Bicycles
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By End User
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
For more information about this report visit https://www.researchandmarkets.com/research/lkfl2v/global_mountain
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SOURCE Research and Markets
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