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% in the course of the forecast interval. The report presents an up-to-date evaluation relating to the present market state of affairs, newest tendencies and drivers, and the general market setting.
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Regularly Requested Questions:
- What are the main tendencies out there?
Development within the improvement of electrical mountain bikes is a significant pattern driving the expansion of the market.
- At what price is the market projected to develop?
The year-over-year progress for 2020 is estimated at 5.12% and the incremental progress of the market is anticipated to be $ 2.52 bn.
- Who’re the highest gamers out there?
Beistegui Hermanos SA, Biking Sports activities Group Inc., Derby Cycle Holding GmbH, Dorel Industries Inc., Large Manufacturing Co. Ltd., Merida Business Co. Ltd., Pivot Cycle, SCOTT Sports activities SA, Trek Bicycle Corp., and XDS Bikes, are a number of the main market contributors.
- What are the important thing market drivers?
The rise in ladies mountain bikers will supply immense is likely one of the main elements 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 in the course of the forecast interval. Beistegui Hermanos SA, Biking Sports activities Group Inc., Derby Cycle Holding GmbH, Dorel Industries Inc., Large Manufacturing Co. Ltd., Merida Business Co. Ltd., Pivot Cycle, SCOTT Sports activities SA, Trek Bicycle Corp., and XDS Bikes are a number of the main market contributors. The rise in ladies mountain bikers will supply immense progress 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.
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Mountain Bike Market 2020-2024: Segmentation
Mountain Bike Market is segmented as beneath:
- Geographic Panorama
- North America
- South America
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Mountain Bike Market 2020-2024: Scope
Technavio presents an in depth image of the market by the way in which of research, synthesis, and summation of knowledge from a number of sources. The mountain bike market report covers the next areas:
- Mountain Bike Market Dimension
- Mountain Bike Market Developments
- Mountain Bike Market Business Evaluation
This research identifies progress within the improvement of electrical mountain bikes as one of many prime causes driving the mountain bike market progress in the course of 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.
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Mountain Bike Market 2020-2024: Key Highlights
- CAGR of the market in the course of the forecast interval 2020-2024
- Detailed data on elements that may help mountain bike market progress in the course of the subsequent 5 years
- Estimation of the mountain bike market dimension and its contribution to the father or mother market
- Predictions on upcoming tendencies and adjustments in client habits
- The expansion of the mountain bike market
- Evaluation of the market’s aggressive panorama and detailed data 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 dimension 2019
- Market outlook: Forecast for 2019 – 2024
5 Forces Evaluation
- Bargaining energy of consumers
- Bargaining energy of suppliers
- Risk of recent entrants
- Risk of substitutes
- Risk of rivalry
- Market situation
Market Segmentation by Finish-user
- Market segments
- Comparability by Finish-user placement
- Leisure – Market dimension and forecast 2019-2024
- Competitors – Market dimension and forecast 2019-2024
- Market alternative by Finish-user
- Geographic segmentation
- Geographic comparability
- North America – Market dimension and forecast 2019-2024
- Europe – Market dimension and forecast 2019-2024
- APAC – Market dimension and forecast 2019-2024
- South America – Market dimension and forecast 2019-2024
- MEA – Market dimension and forecast 2019-2024
- Key main international locations
- Market alternative by geography
Drivers, Challenges, and Developments
- Market drivers
- Quantity driver – Demand led progress
- Quantity driver – Provide led progress
- Quantity driver – Exterior elements
- Quantity driver – Demand shift in adjoining markets
- Value driver – Inflation
- Value driver – Shift from decrease to higher-priced items
- Market challenges
- Market tendencies
- Panorama disruption
- Distributors coated
- Market positioning of distributors
- Beistegui Hermanos SA
- Biking Sports activities Group Inc.
- Derby Cycle Holding GmbH
- Dorel Industries Inc.
- Large Manufacturing Co. Ltd.
- Merida Business Co. Ltd.
- Pivot Cycle
- SCOTT Sports activities SA
- Trek Bicycle Corp.
- XDS Bikes
- Scope of the report
- Foreign money conversion charges for US$
- Analysis methodology
- Listing of abbreviations
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