Global Mountain Bicycles Market Research Report 2022

A mountain bike or mountain bicycle (abbreviated Mtn Bike or MTB) is a bicycle designed for off-road cycling. Mountain bikes share similarities with other bikes, but incorporate features designed to enhance durability and performance in rough terrain. These typically include a front or full suspension, large knobby tires, more durable wheels, more powerful brakes, and lower gear ratios for climbing steep grades. Mountain bikes are typically ridden on mountain trails, single track, fire roads, and other unpaved surfaces. This type of terrain commonly has rocks, roots, loose dirt, and steep grades. Many trails have additional TTF's (Technical Trail Features) such as log piles, log rides, rock gardens, skinnies, gap jumps, and wall-rides. Mountain bikes are built to handle these types of terrain and features. The heavy-duty construction combined with stronger rims and wider tires has also made this style of bicycle popular with urban riders and couriers who must navigate through potholes and over curbs.

Due to the COVID-19 pandemic, the global Mountain Bicycles market size is estimated to be worth US$ 6282 million in 2021 and is forecast to a readjusted size of US$ 9178.8 million by 2028 with a CAGR of 5.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Mountain Bicycles market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Mountain Bicycles landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.

Global Mountain Bicycles key players include Giant, Trek, XDS, Specialized, Merida, etc. Global top five manufacturers hold a share about 50%. China is the largest consumption market, with a share over 80%, followed by Europe and North America, total have a share over 10 percent. In terms of product, Hardtail is the largest segment, with a share over 55%. And in terms of application, the largest application is Household, followed by Commercial Use.

This report focuses on Mountain Bicycles volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Mountain Bicycles market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China, Japan, Inida and Southeast Asia, etc.

Global Mountain Bicycles Market: Segment Analysis

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type


Rigid

Hardtail

Softail

Full Suspension


Segment by Application


Household

Commercial

By Region

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina

Middle East & Africa

Turkey

Saudi Arabia

U.A.E


By Company


Giant

Trek

Specialized

Cannondale

Santa Cruz

Company six

Scott

Yeti

Merida

Kona

Rocky Mountain Bicycles

XDS

Frequently Asked Questions