Mountain Bikes Market By Size, Share and Forecast 2029F

Summary

Report Description

Forecast Period	2025-2029
Market Size (2023)	USD 8.31 Billion
CAGR (2024-2029)	7.15%
Fastest Growing Segment	E-Mountain Bikes
Largest Market	North America
Market Size (2029)	USD 12.48 Billion

Market Overview

The Global Mountain Bikes Market size reached USD 8.31 Billion in 2023 and is expected to grow with a CAGR of 7.15% through 2029. The increasing emphasis on health and outdoor activities has been a significant driver for the Mountain Bikes Market. With a growing awareness of fitness and well-being, consumers are seeking recreational pursuits that align with an active lifestyle, making mountain biking an appealing choice. Technological advancements play a crucial role in the market, influencing both the design and performance of mountain bikes. Innovations in materials, frame geometry, and suspension systems contribute to enhanced durability, maneuverability, and overall ride quality. The integration of electronic components, such as electric-assist systems, has further expanded the market by catering to a broader range of enthusiasts. Environmental consciousness has fueled the demand for sustainable and eco-friendly transportation alternatives, with mountain biking emerging as a preferred mode of green commuting and outdoor recreation. This trend aligns with the broader global shift toward eco-friendly practices and sustainable living. Challenges in the market include the impact of economic fluctuations on consumer purchasing power, supply chain disruptions affecting the availability of components, and the need for continuous innovation to stay ahead in a competitive landscape. Overall, the global Mountain Bikes Market continues to expand, driven by a combination of lifestyle trends, technological advancements, and a growing affinity for outdoor recreational activities.

Key Market Drivers

Increasing Health and Fitness Consciousness

One of the primary drivers for the global Mountain Bikes Market is the rising emphasis on health and fitness. As individuals become more health-conscious, there is a growing demand for outdoor activities that provide both exercise and recreation. Mountain biking, with its physical challenges and outdoor experience, aligns well with this trend, driving a surge in consumer interest and contributing to the market's expansion.

Technological Advancements in Mountain Bike Design

Continuous technological innovations in mountain bike design and components play a pivotal role in propelling the market forward. Advancements in materials, frame geometry, and suspension systems enhance the overall performance, durability, and maneuverability of mountain bikes. The integration of cutting-edge technologies, such as electronic assist systems and advanced braking solutions, further attracts enthusiasts seeking high-performance and feature-rich bikes.

Rise of Electric Mountain Bikes (e-MTBs)

The growing popularity of electric mountain bikes (e-MTBs) is a significant driver reshaping the Mountain Bikes Market. E-MTBs, equipped with electric-assist systems, appeal to a broader range of riders by providing assistance on climbs and challenging terrains. The adoption of e-MTBs is driven by their ability to extend riding range, cater to different fitness levels, and attract riders who may be new to the sport, contributing to the market's overall growth.

Increasing Interest in Sustainable and Green Transportation

A key driver for the Mountain Bikes Market is the global shift toward sustainable and eco-friendly transportation alternatives. Mountain biking, as a low-impact and environmentally conscious mode of transportation, aligns with the increasing awareness of sustainable living. Consumers seeking eco-friendly recreational activities contribute to the demand for mountain bikes as a green commuting and outdoor recreation option.

Segmentation for Varied Riding Styles

The market's segmentation to cater to different riding styles is a driver that enhances its inclusivity. Cross-country, trail, enduro, and downhill mountain bikes are tailored to meet the specific needs and preferences of riders, ensuring a diverse range of options for various terrains and skill levels. This segmentation strategy appeals to a broad spectrum of enthusiasts, fostering market growth by addressing specific niche demands.

Expanding E-commerce Channels

The evolution of e-commerce has significantly impacted the distribution channels for mountain bikes. Online platforms offer a convenient and extensive marketplace, allowing consumers to explore, compare, and purchase mountain bikes from various brands and manufacturers. The accessibility provided by e-commerce contributes to market growth by reaching a wider audience and simplifying the purchasing process for consumers.

Participation in Competitive Mountain Biking Events

The increasing participation in competitive mountain biking events serves as a driver for the market. Enduro races, downhill competitions, and cross-country events have gained popularity, creating a competitive landscape that drives innovation and prompts enthusiasts to invest in high-performance mountain bikes. The competitive aspect of the sport stimulates the market by fostering a community of dedicated riders and encouraging the pursuit of advanced equipment.

Cultural Shift towards Outdoor Recreation

A broader cultural shift towards outdoor recreation and adventure-based activities is fueling the demand for mountain bikes. As individuals seek experiences that connect them with nature and provide an escape from urban environments, mountain biking becomes an attractive option. The cultural shift towards outdoor recreation, combined with social trends promoting an active lifestyle, contributes to the sustained growth of the global Mountain Bikes Market.

Download Free Sample Report

Key Market Challenges

Economic Impact and Consumer Spending

The global Mountain Bikes Market faces challenges related to economic fluctuations and their impact on consumer spending. Economic downturns can lead to reduced disposable income, affecting consumers' ability to invest in recreational and non-essential items, including mountain bikes. The market's vulnerability to economic conditions necessitates strategic measures to navigate periods of economic uncertainty.

Supply Chain Disruptions

Supply chain disruptions pose a significant challenge to the Mountain Bikes Market, impacting the availability of components and finished products. Factors such as geopolitical tensions, natural disasters, or global events (as seen with the COVID-19 pandemic) can disrupt manufacturing processes and logistics. These disruptions can lead to delays in production, increased costs, and challenges in meeting consumer demand.

Intense Market Competition

The Mountain Bikes Market is characterized by intense competition among manufacturers, brands, and retailers. The competition is driven by the pursuit of technological innovation, superior performance, and attractive pricing. This competitive landscape poses challenges for both established and emerging players, requiring continuous investment in research and development to stay ahead and differentiate products in a crowded market.

Environmental and Regulatory Compliance

Adherence to environmental regulations and sustainability standards poses challenges for the Mountain Bikes Market. The production processes, materials, and waste management associated with manufacturing bikes need to align with increasingly stringent environmental standards. Achieving compliance can be a complex task, requiring industry players to invest in eco-friendly practices and technologies.

Consumer Perception and Adoption Barriers

Challenges related to consumer perception and adoption barriers exist, particularly in regions where mountain biking is not deeply ingrained in the culture. Some potential riders may perceive mountain biking as an extreme or niche activity, creating barriers to entry. Education and outreach efforts are crucial to dispel misconceptions, broaden the appeal of mountain biking, and attract a more diverse range of enthusiasts.

Dependence on Weather Conditions

The market is susceptible to the influence of weather conditions, particularly in regions where outdoor activities are weather-dependent. Adverse weather, such as prolonged periods of rain or extreme temperatures, can limit the appeal and feasibility of mountain biking. Manufacturers and retailers need to contend with seasonal variations in demand, necessitating strategic marketing and product positioning.

Rapid Technological Advancements

While technological advancements drive market growth, they also present challenges. The rapid pace of innovation may create concerns related to product obsolescence and the need for frequent updates. Consumers may hesitate to invest in new models if they anticipate imminent technological improvements. Striking a balance between innovation and consumer confidence becomes a challenge for manufacturers.

Cost Pressures and Price Sensitivity

Cost pressures in the form of rising raw material prices, manufacturing expenses, and shipping costs can impact the pricing of mountain bikes. Balancing the need for advanced features and quality materials with price sensitivity among consumers is a challenge. Manufacturers must navigate these cost pressures to offer competitively priced products without compromising on quality and innovation.

Key Market Trends

Rise of Electric Mountain Bikes (e-MTBs)

One prominent trend in the global Mountain Bikes Market is the increasing popularity of electric mountain bikes (e-MTBs). These bikes, equipped with electric-assist systems, have gained traction among riders seeking enhanced performance and extended range. The integration of advanced electric technologies provides a new dimension to mountain biking, attracting a broader audience, including those looking for assistance on challenging terrains.

Innovations in Frame Materials and Design

Continual innovations in frame materials and design represent a notable trend in the market. Manufacturers are exploring lightweight yet durable materials, such as carbon fiber and advanced alloys, to enhance the strength-to-weight ratio of mountain bikes. Additionally, evolving frame geometries are being designed to optimize handling, stability, and rider comfort across various terrains, contributing to improved overall performance.

Expansion of Women-Specific Mountain Bikes

A growing trend in the market is the recognition of the diverse consumer base, leading to an expansion of women-specific mountain bikes. Manufacturers are increasingly focusing on designing bikes tailored to women's anatomical and ergonomic needs. This trend reflects the rising participation of women in the sport and acknowledges the demand for specialized equipment that caters to their preferences and enhances the overall riding experience.

Integration of Smart Technologies

The integration of smart technologies into mountain bikes is gaining momentum. This includes the incorporation of sensors, GPS tracking, and connectivity features that provide riders with real-time data on performance metrics, navigation, and environmental conditions. Smart mountain bikes enhance the riding experience and cater to tech-savvy consumers seeking advanced functionalities in their recreational equipment.

Focus on Sustainable and Eco-Friendly Practices

Sustainability is a growing trend influencing the Mountain Bikes Market. Manufacturers are adopting eco-friendly production practices, using recycled materials, and exploring sustainable manufacturing methods. This trend aligns with the environmental consciousness of consumers and reflects the industry's commitment to reducing its ecological footprint.

Enhanced Suspension Systems and Technology

Advancements in suspension systems and technology are shaping the trends in mountain biking. Manufacturers are investing in innovative suspension designs, including air and coil shocks, to improve ride comfort and enhance the bike's ability to absorb shocks on rugged terrains. Adjustable suspension settings and intelligent damping technologies further contribute to a customized and optimized riding experience.

Growth of Online Sales and Direct-to-Consumer Models

The market is witnessing a significant shift in sales channels, with a growing emphasis on online platforms and direct-to-consumer models. Manufacturers are increasingly leveraging e-commerce to reach a broader audience, providing consumers with a convenient way to explore, compare, and purchase mountain bikes. This trend aligns with changing consumer preferences and the need for accessible and streamlined purchasing experiences.

Expansion of Adventure and Bikepacking Segments

The trend towards adventure cycling and bikepacking has influenced the design and marketing of mountain bikes. Manufacturers are developing bikes specifically tailored for long-distance, off-road adventures, featuring robust frames, ample storage options, and versatility for multi-day trips. This trend reflects the evolving preferences of riders who seek exploration and adventure beyond traditional trail riding.

Segmental Insights

By Product

E-Mountain Bikes (e-MTBs) represent a dynamic and rapidly expanding segment within the global Mountain Bikes Market. Fueled by advancements in electric assist technology, these bikes have gained immense popularity among riders seeking an extra boost in performance, especially on challenging terrains. E-MTBs are equipped with electric motors that help during climbs, allowing riders to conquer uphill trails with greater ease. The integration of powerful batteries and efficient motors not only enhances the overall riding experience but also extends the range, making e-MTBs attractive for both seasoned mountain bikers and newcomers to the sport. This segment's growth is propelled by the increasing adoption of electric mobility solutions, catering to a diverse audience and contributing significantly to the overall market expansion.

Standard Mountain Bikes, characterized by their traditional pedal-only propulsion systems, remain a foundational and resilient segment in the global Mountain Bikes Market. These bikes cater to purists and enthusiasts who relish the physical challenges of trail riding without electric assistance. Standard Mountain Bikes come in various categories, including cross-country, trail, enduro, and downhill, each designed to excel in specific riding conditions. Technological innovations in frame materials, suspension systems, and overall design continue to enhance the performance and durability of standard mountain bikes. The segment appeals to riders valuing the authentic, human-powered experience of conquering diverse terrains, and it remains pivotal in maintaining the diverse and inclusive nature of the overall Mountain Bikes Market. The enduring popularity of standard mountain bikes highlights the coexistence of traditional and electric-assist segments, offering riders a broad spectrum of choices to suit their preferences and riding styles.

Download Free Sample Report

Regional Insights

North America stands as a key region in the global Mountain Bikes Market, driven by a strong culture of outdoor recreation and an increasing interest in mountain biking. The United States and Canada boast extensive trail networks and a robust mountain biking community, contributing to the market's growth. In regions like Colorado, Utah, and British Columbia, the diverse terrains provide an ideal landscape for both traditional and electric mountain biking. The market in North America benefits from a well-established industry infrastructure, including specialty bike shops and a thriving online marketplace. Additionally, the presence of major mountain bike events and competitions further solidifies the region's significance in shaping trends and driving innovation.

Europe holds a dominant position in the global Mountain Bikes Market, with countries like Germany, the United Kingdom, and Switzerland serving as key contributors to the industry. The European market is characterized by a high level of consumer engagement in outdoor activities, fostering a strong demand for mountain bikes. The continent's diverse landscapes, ranging from alpine trails to forested paths, make it an ideal playground for mountain bikers. Sustainable practices and eco-friendly initiatives are increasingly influencing product offerings, aligning with the region's emphasis on environmental consciousness. Europe's well-established cycling culture and events like the annual Me avalanche in France contribute to the region's status as a trendsetter in the mountain biking world.

The Asia-Pacific region is witnessing notable growth in the Mountain Bikes Market, driven by emerging economies and an increasing interest in adventure sports. Countries such as China, Japan, and South Korea are experiencing a surge in demand for both traditional and electric mountain bikes. In China, the government's encouragement of outdoor recreation and cycling initiatives has stimulated market growth. Japan, with its mountainous terrain, provides opportunities for diverse mountain biking experiences. South Korea's technological advancements contribute to innovations in mountain bike design. As the popularity of the sport grows across Asia-Pacific, the region is becoming a focal point for manufacturers and a hub for mountain biking enthusiasts.

The Middle East and Africa present a unique landscape for the Mountain Bikes Market, characterized by a combination of challenges and opportunities. In the Middle East, countries like the United Arab Emirates are witnessing a growing interest in high-end mountain bikes, aligning with the region's focus on luxury and recreational experiences. In Africa, economic conditions and the development of tourism contribute to the adoption of mountain biking. Challenges include the need for infrastructure development and addressing cultural perceptions of outdoor activities. Despite these challenges, the Middle East and Africa showcase a budding interest in mountain biking, with the potential for further growth as the sport gains traction.

Recent Developments

In March 2024, Fezzari underwent a rebranding to Ari and simultaneously introduced a new lightweight full-suspension E-MTB. The rebranded company, now Ari, unveiled an E-MTB featuring a 65° head tube angle and a 77.5° seat tube angle, with a full carbon frame, 140mm of rear travel, and equipped with a 150mm fork.
In April 2024, Shimano introduced a new entry-level component system called Shimano ESSA, while also expanding its CUES range to include short reach shifters and brake levers. Designed for beginner cyclists who use commuting, touring, and mountain bikes, Shimano states that ESSA will offer an affordable single chainring 8-speed drivetrain that is compatible with the current flat-bar Acera, Altus, and Tourney TX systems.

Key Market Players

Accell Group B.V.
Giant Bicycle, Inc.
SCOTT Sports SA
Guangzhou Trinity Cycles Co., Ltd.
Xds-Bicycles Co.,Ltd.
Trek Bicycle Corporation
Diamondback Bikes (Alta Cycling Group)

By Product	By Type	By Application	By Region
E-Mountain Bikes Standard Mountain Bikes	Cross Country Bikes All Mountain Bikes Downhill Bikes Freeride Bikes Dirt Jumping Bikes	Racing Leisure	North America Europe & CIS Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Mountain Bikes Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Mountain Bikes Market, By Product:

o E-Mountain Bikes

o Standard Mountain Bikes

Mountain Bikes Market, By Type:

o Cross Country Bikes

o All Mountain Bikes

o Downhill Bikes

o Freeride Bikes

o Dirt Jumping Bikes

Mountain Bikes Market, By Application:

o Racing

o Leisure

Mountain Bikes Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe & CIS

§ Germany

§ Spain

§ France

§ Russia

§ Italy

§ United Kingdom

§ Belgium

o Asia-Pacific

§ China

§ India

§ Japan

§ Indonesia

§ Thailand

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ Turkey

§ Iran

§ Saudi Arabia

§ UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Mountain Bikes Market.

Available Customizations:

Global Mountain Bikes Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Mountain Bikes Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Introduction

1.1. Product Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Impact of COVID-19 on Global Mountain Bikes Market

5. Global Mountain Bikes Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Product Market Share Analysis (E-Mountain Bikes and Standard Mountain Bikes)

5.2.2. By Type Market Share Analysis (Cross Country Bikes, All Mountain Bikes, Downhill Bikes, Freeride Bikes and Dirt Jumping Bikes)

5.2.3. By Application Market Share Analysis (Racing and Leisure)

5.2.4. By Region Market Share Analysis

5.2.4.1. Asia-Pacific Market Share Analysis

5.2.4.2. Europe & CIS Market Share Analysis

5.2.4.3. North America Market Share Analysis

5.2.4.4. South America Market Share Analysis

5.2.4.5. Middle East & Africa Market Share Analysis

5.2.5. By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2023)

5.3. Global Mountain Bikes Market Mapping & Opportunity Assessment

5.3.1. By Product Market Mapping & Opportunity Assessment

5.3.2. By Type Market Mapping & Opportunity Assessment

5.3.3. By Application Market Mapping & Opportunity Assessment

5.3.4. By Regional Market Mapping & Opportunity Assessment

6. Asia-Pacific Mountain Bikes Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product Market Share Analysis

6.2.2. By Type Market Share Analysis

6.2.3. By Application Market Share Analysis

6.2.4. By Country Market Share Analysis

6.2.4.1. China Market Share Analysis

6.2.4.2. India Market Share Analysis

6.2.4.3. Japan Market Share Analysis

6.2.4.4. Indonesia Market Share Analysis

6.2.4.5. Thailand Market Share Analysis

6.2.4.6. South Korea Market Share Analysis

6.2.4.7. Australia Market Share Analysis

6.2.4.8. Rest of Asia-Pacific Market Share Analysis

6.3. Asia-Pacific: Country Analysis

6.3.1. China Mountain Bikes Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Product Market Share Analysis

6.3.1.2.2. By Type Market Share Analysis

6.3.1.2.3. By Application Market Share Analysis

6.3.2. India Mountain Bikes Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Product Market Share Analysis

6.3.2.2.2. By Type Market Share Analysis

6.3.2.2.3. By Application Market Share Analysis

6.3.3. Japan Mountain Bikes Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Product Market Share Analysis

6.3.3.2.2. By Type Market Share Analysis

6.3.3.2.3. By Application Market Share Analysis

6.3.4. Indonesia Mountain Bikes Market Outlook

6.3.4.1. Market Size & Forecast

6.3.4.1.1. By Value

6.3.4.2. Market Share & Forecast

6.3.4.2.1. By Product Market Share Analysis

6.3.4.2.2. By Type Market Share Analysis

6.3.4.2.3. By Application Market Share Analysis

6.3.5. Thailand Mountain Bikes Market Outlook

6.3.5.1. Market Size & Forecast

6.3.5.1.1. By Value

6.3.5.2. Market Share & Forecast

6.3.5.2.1. By Product Market Share Analysis

6.3.5.2.2. By Type Market Share Analysis

6.3.5.2.3. By Application Market Share Analysis

6.3.6. South Korea Mountain Bikes Market Outlook

6.3.6.1. Market Size & Forecast

6.3.6.1.1. By Value

6.3.6.2. Market Share & Forecast

6.3.6.2.1. By Product Market Share Analysis

6.3.6.2.2. By Type Market Share Analysis

6.3.6.2.3. By Application Market Share Analysis

6.3.7. Australia Mountain Bikes Market Outlook

6.3.7.1. Market Size & Forecast

6.3.7.1.1. By Value

6.3.7.2. Market Share & Forecast

6.3.7.2.1. By Product Market Share Analysis

6.3.7.2.2. By Type Market Share Analysis

6.3.7.2.3. By Application Market Share Analysis

7. Europe & CIS Mountain Bikes Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product Market Share Analysis

7.2.2. By Type Market Share Analysis

7.2.3. By Application Market Share Analysis

7.2.4. By Country Market Share Analysis

7.2.4.1. Germany Market Share Analysis

7.2.4.2. Spain Market Share Analysis

7.2.4.3. France Market Share Analysis

7.2.4.4. Russia Market Share Analysis

7.2.4.5. Italy Market Share Analysis

7.2.4.6. United Kingdom Market Share Analysis

7.2.4.7. Belgium Market Share Analysis

7.2.4.8. Rest of Europe & CIS Market Share Analysis

7.3. Europe & CIS: Country Analysis

7.3.1. Germany Mountain Bikes Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product Market Share Analysis

7.3.1.2.2. By Type Market Share Analysis

7.3.1.2.3. By Application Market Share Analysis

7.3.2. Spain Mountain Bikes Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product Market Share Analysis

7.3.2.2.2. By Type Market Share Analysis

7.3.2.2.3. By Application Market Share Analysis

7.3.3. France Mountain Bikes Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Product Market Share Analysis

7.3.3.2.2. By Type Market Share Analysis

7.3.3.2.3. By Application Market Share Analysis

7.3.4. Russia Mountain Bikes Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Product Market Share Analysis

7.3.4.2.2. By Type Market Share Analysis

7.3.4.2.3. By Application Market Share Analysis

7.3.5. Italy Mountain Bikes Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Product Market Share Analysis

7.3.5.2.2. By Type Market Share Analysis

7.3.5.2.3. By Application Market Share Analysis

7.3.6. United Kingdom Mountain Bikes Market Outlook

7.3.6.1. Market Size & Forecast

7.3.6.1.1. By Value

7.3.6.2. Market Share & Forecast

7.3.6.2.1. By Product Market Share Analysis

7.3.6.2.2. By Type Market Share Analysis

7.3.6.2.3. By Application Market Share Analysis

7.3.7. Belgium Mountain Bikes Market Outlook

7.3.7.1. Market Size & Forecast

7.3.7.1.1. By Value

7.3.7.2. Market Share & Forecast

7.3.7.2.1. By Product Market Share Analysis

7.3.7.2.2. By Type Market Share Analysis

7.3.7.2.3. By Application Market Share Analysis

8. North America Mountain Bikes Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product Market Share Analysis

8.2.2. By Type Market Share Analysis

8.2.3. By Application Market Share Analysis

8.2.4. By Country Market Share Analysis

8.2.4.1. United States Market Share Analysis

8.2.4.2. Mexico Market Share Analysis

8.2.4.3. Canada Market Share Analysis

8.3. North America: Country Analysis

8.3.1. United States Mountain Bikes Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Product Market Share Analysis

8.3.1.2.2. By Type Market Share Analysis

8.3.1.2.3. By Application Market Share Analysis

8.3.2. Mexico Mountain Bikes Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Product Market Share Analysis

8.3.2.2.2. By Type Market Share Analysis

8.3.2.2.3. By Application Market Share Analysis

8.3.3. Canada Mountain Bikes Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Product Market Share Analysis

8.3.3.2.2. By Type Market Share Analysis

8.3.3.2.3. By Application Market Share Analysis

9. South America Mountain Bikes Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product Market Share Analysis

9.2.2. By Type Market Share Analysis

9.2.3. By Application Market Share Analysis

9.2.4. By Country Market Share Analysis

9.2.4.1. Brazil Market Share Analysis

9.2.4.2. Argentina Market Share Analysis

9.2.4.3. Colombia Market Share Analysis

9.2.4.4. Rest of South America Market Share Analysis

9.3. South America: Country Analysis

9.3.1. Brazil Mountain Bikes Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Product Market Share Analysis

9.3.1.2.2. By Type Market Share Analysis

9.3.1.2.3. By Application Market Share Analysis

9.3.2. Colombia Mountain Bikes Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Product Market Share Analysis

9.3.2.2.2. By Type Market Share Analysis

9.3.2.2.3. By Application Market Share Analysis

9.3.3. Argentina Mountain Bikes Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Product Market Share Analysis

9.3.3.2.2. By Type Market Share Analysis

9.3.3.2.3. By Application Market Share Analysis

10. Middle East & Africa Mountain Bikes Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Product Market Share Analysis

10.2.2. By Type Market Share Analysis

10.2.3. By Application Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1. Turkey Market Share Analysis

10.2.4.2. Iran Market Share Analysis

10.2.4.3. Saudi Arabia Market Share Analysis

10.2.4.4. UAE Market Share Analysis

10.2.4.5. Rest of Middle East & Africa Market Share Analysis

10.3. Middle East & Africa: Country Analysis

10.3.1. Turkey Mountain Bikes Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Product Market Share Analysis

10.3.1.2.2. By Type Market Share Analysis

10.3.1.2.3. By Application Market Share Analysis

10.3.2. Iran Mountain Bikes Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Product Market Share Analysis

10.3.2.2.2. By Type Market Share Analysis

10.3.2.2.3. By Application Market Share Analysis

10.3.3. Saudi Arabia Mountain Bikes Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Product Market Share Analysis

10.3.3.2.2. By Type Market Share Analysis

10.3.3.2.3. By Application Market Share Analysis

10.3.4. UAE Mountain Bikes Market Outlook

10.3.4.1. Market Size & Forecast

10.3.4.1.1. By Value

10.3.4.2. Market Share & Forecast

10.3.4.2.1. By Product Market Share Analysis

10.3.4.2.2. By Type Market Share Analysis

10.3.4.2.3. By Application Market Share Analysis

11. SWOT Analysis

11.1. Strength

11.2. Weakness

11.3. Opportunities

11.4. Threats

12. Market Dynamics

12.1. Market Drivers

12.2. Market Challenges

13. Market Trends and Developments

14. Competitive Landscape

14.1. Company Profiles (Up to 10 Major Companies)

14.1.1. Accell Group B.V.

14.1.1.1. Company Details

14.1.1.2. Key Product Offered

14.1.1.3. Financials (As Per Availability)

14.1.1.4. Recent Developments

14.1.1.5. Key Management Personnel

14.1.2. Giant Bicycle, Inc.

14.1.2.1. Company Details

14.1.2.2. Key Product Offered

14.1.2.3. Financials (As Per Availability)

14.1.2.4. Recent Developments

14.1.2.5. Key Management Personnel

14.1.3. SCOTT Sports SA

14.1.3.1. Company Details

14.1.3.2. Key Product Offered

14.1.3.3. Financials (As Per Availability)

14.1.3.4. Recent Developments

14.1.3.5. Key Management Personnel

14.1.4. Guangzhou Trinity Cycles Co., Ltd.

14.1.4.1. Company Details

14.1.4.2. Key Product Offered

14.1.4.3. Financials (As Per Availability)

14.1.4.4. Recent Developments

14.1.4.5. Key Management Personnel

14.1.5. Xds-Bicycles Co.,Ltd.

14.1.5.1. Company Details

14.1.5.2. Key Product Offered

14.1.5.3. Financials (As Per Availability)

14.1.5.4. Recent Developments

14.1.5.5. Key Management Personnel

14.1.6. Trek Bicycle Corporation

14.1.6.1. Company Details

14.1.6.2. Key Product Offered

14.1.6.3. Financials (As Per Availability)

14.1.6.4. Recent Developments

14.1.6.5. Key Management Personnel

14.1.7. Diamondback Bikes (Alta Cycling Group)

14.1.7.1. Company Details

14.1.7.2. Key Product Offered

14.1.7.3. Financials (As Per Availability)

14.1.7.4. Recent Developments

14.1.7.5. Key Management Personnel

15. Strategic Recommendations

15.1. Key Focus Areas

15.1.1. Target By Regions

15.1.2. Target By Product

15.1.3. Target By Type

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the Global Mountain Bikes Market in 2023?

The Global Mountain Bikes Market size reached USD 8.31 Billion in 2023.

Which was the dominant segment By Product in the Global Mountain Bikes Market in 2023?

In 2023, e-mountain bikes led the Global Mountain Bikes Market, fueled by rising demand for electric off-road cycling experiences, reflecting a shift towards advanced, eco-friendly options. Advancements in battery and motor tech drive their popularity among riders seeking adventure and convenience on rugged terrain.

Which is the dominant region in the Global Mountain Bikes Market?

North America leads the Global Mountain Bikes Market, driven by its strong outdoor culture, extensive trail networks, and high disposable income. Its diverse landscape and enthusiastic consumer base shape trends and innovations in the industry worldwide.

What are the major drivers for the Global Mountain Bikes Market?

The major drivers for the Global Mountain Bikes Market include increasing interest in outdoor recreation, growing health and fitness consciousness, and expanding trail networks globally. Additionally, advancements in technology and the popularity of eco-friendly transportation modes contribute to market growth.

Related Reports

Srishti Verma

Business Consultant

Talk To Analyst

Press Release

Mountain Bikes Market to Grow at 7.15% CAGR Through 2029

Apr, 2024

Increasing interest in outdoor recreation and fitness, alongside advancements in technology and the popularity of eco-friendly transportation modes are the factors driving market in the forecast peri

Buy Now