Market Overview

The Global Mountain Bike Market is expected to grow by $ 2.52 bn during 2020-2024 progressing at a CAGR of 5% during the forecast period


New York, April 07, 2020 (GLOBE NEWSWIRE) -- announces the release of the report "Global Mountain Bike Market 2020-2024" -
Our reports on mountain bike market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven the rise in women mountain bikers, and globally unified manufacturer standards to ensure safety of riders increasing the demand for mountain bikes. In addition, the rise in women mountain bikers is anticipated to boost the growth of the market as well.
The mountain bike market analysis include end-user segments and geographic landscapes

The mountain bike market is segmented as below:
By End-user
• Leisure
• Competition

By Geographic Landscape
• North America
• Europe
• South America

This study identifies growth in development of electric mountain bikes as one of the prime reasons driving the mountain bike market growth during the next few years. Increasing acceptance of gravel bikes, and new materials used for mountain bike frame will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our mountain bike market covers the following areas:
• Mountain Bike Market sizing
• Mountain Bike Market forecast
• Mountain Bike Market industry analysis

Read the full report:

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