LONDON–(BUSINESS WIRE)–Technavio has been monitoring the mountain bike market and it’s poised to develop by USD 2.52 bn throughout 2020-2024, progressing at a CAGR of over 5% throughout the forecast interval. The report presents an up-to-date evaluation concerning the present market situation, newest traits and drivers, and the general market atmosphere.
Though the COVID-19 pandemic continues to rework the expansion of varied industries, the instant influence of the outbreak is diversified. Whereas just a few industries will register a drop in demand, quite a few others will proceed to stay unscathed and present promising development alternatives. Technavio’s in-depth analysis has all of your wants lined as our analysis studies embody all foreseeable market eventualities, together with pre- & post-COVID-19 evaluation. Download a Free Sample Report on COVID-19 Impacts
Incessantly Requested Questions:
What are the main traits available in the market?
Development within the growth of electrical mountain bikes is a serious pattern driving the expansion of the market.
At what price is the market projected to develop?
The year-over-year development for 2020 is estimated at 5.12% and the incremental development of the market is anticipated to be $ 2.52 bn.
Who’re the highest gamers available in the market?
Beistegui Hermanos SA, Biking Sports activities Group Inc., Derby Cycle Holding GmbH, Dorel Industries Inc., Big Manufacturing Co. Ltd., Merida Business Co. Ltd., Pivot Cycle, SCOTT Sports activities SA, Trek Bicycle Corp., and XDS Bikes, are among the main market contributors.
What are the important thing market drivers?
The rise in girls mountain bikers will supply immense is likely one of the main components driving the market.
How large is the North America market?
The North America area will contribute 32% of the market share
The market is fragmented, and the diploma of fragmentation will speed up throughout the forecast interval. Beistegui Hermanos SA, Biking Sports activities Group Inc., Derby Cycle Holding GmbH, Dorel Industries Inc., Big Manufacturing Co. Ltd., Merida Business Co. Ltd., Pivot Cycle, SCOTT Sports activities SA, Trek Bicycle Corp., and XDS Bikes are among the main market contributors. The rise in girls mountain bikers will supply immense development alternatives. To make many of the alternatives, market distributors ought to focus extra on the expansion prospects within the fast-growing segments, whereas sustaining their positions within the slow-growing segments.
Purchase 1 Technavio report and get the second for 50% off. Purchase 2 Technavio studies and get the third without spending a dime.
Technavio’s customized analysis studies supply detailed insights on the influence of COVID-19 at an trade stage, a regional stage, and subsequent provide chain operations. This custom-made report may also assist purchasers sustain with new product launches in direct & oblique COVID-19 associated markets, upcoming vaccines and pipeline evaluation, and important developments in vendor operations and authorities laws.
Mountain Bike Market 2020-2024: Segmentation
Mountain Bike Market is segmented as beneath:
- North America
- South America
To be taught extra in regards to the international traits impacting the way forward for market analysis, obtain a free pattern: https://www.technavio.com/talk-to-us?report=IRTNTR41094
Mountain Bike Market 2020-2024: Scope
Technavio presents an in depth image of the market by the best way of examine, synthesis, and summation of knowledge from a number of sources. The mountain bike market report covers the next areas:
- Mountain Bike Market Measurement
- Mountain Bike Market Developments
- Mountain Bike Market Business Evaluation
This examine identifies development within the growth of electrical mountain bikes as one of many prime causes driving the mountain bike market development throughout the subsequent few years.
Technavio suggests three forecast eventualities (optimistic, possible, and pessimistic) contemplating the influence of COVID-19. Technavio’s in-depth analysis has direct and oblique COVID-19 impacted market analysis studies.
Register for a free trial at the moment and acquire immediate entry to 17,000+ market analysis studies. Technavio’s SUBSCRIPTION platform
Mountain Bike Market 2020-2024: Key Highlights
- CAGR of the market throughout the forecast interval 2020-2024
- Detailed info on components that may help mountain bike market development throughout the subsequent 5 years
- Estimation of the mountain bike market measurement and its contribution to the dad or mum market
- Predictions on upcoming traits and adjustments in shopper conduct
- The expansion of the mountain bike market
- Evaluation of the market’s aggressive panorama and detailed info on distributors
- Complete particulars of things that may problem the expansion of mountain bike market distributors
Desk of Contents:
- Market ecosystem
- Worth chain evaluation
- Market definition
- Market phase evaluation
- Market measurement 2019
- Market outlook: Forecast for 2019 – 2024
5 Forces Evaluation
- Bargaining energy of consumers
- Bargaining energy of suppliers
- Risk of latest entrants
- Risk of substitutes
- Risk of rivalry
- Market situation
Market Segmentation by Finish-user
- Market segments
- Comparability by Finish-user placement
- Leisure – Market measurement and forecast 2019-2024
- Competitors – Market measurement and forecast 2019-2024
- Market alternative by Finish-user
- Geographic segmentation
- Geographic comparability
- North America – Market measurement and forecast 2019-2024
- Europe – Market measurement and forecast 2019-2024
- APAC – Market measurement and forecast 2019-2024
- South America – Market measurement and forecast 2019-2024
- MEA – Market measurement and forecast 2019-2024
- Key main nations
- Market alternative by geography
Drivers, Challenges, and Developments
- Market drivers
- Quantity driver – Demand led development
- Quantity driver – Provide led development
- Quantity driver – Exterior components
- Quantity driver – Demand shift in adjoining markets
- Value driver – Inflation
- Value driver – Shift from decrease to higher-priced items
- Market challenges
- Market traits
- Panorama disruption
- Distributors lined
- Market positioning of distributors
- Beistegui Hermanos SA
- Biking Sports activities Group Inc.
- Derby Cycle Holding GmbH
- Dorel Industries Inc.
- Big Manufacturing Co. Ltd.
- Merida Business Co. Ltd.
- Pivot Cycle
- SCOTT Sports activities SA
- Trek Bicycle Corp.
- XDS Bikes
- Scope of the report
- Forex conversion charges for US$
- Analysis methodology
Listing of abbreviations
Technavio is a number one international know-how analysis and advisory firm. Their analysis and evaluation focuses on rising market traits and offers actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 studies and counting, protecting 800 applied sciences, spanning throughout 50 nations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising consumer base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to establish alternatives in current and potential markets and assess their aggressive positions inside altering market eventualities.