electrical mountain bike Mountain Bike Market- Roadmap for Restoration from COVID-19 | Rise In Ladies Mountain Bikers to Enhance the Market Progress | Technavio | Enterprise & Finance
LONDON–(BUSINESS WIRE)–Sep 17, 2020–
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% through the forecast interval. The report presents an up-to-date evaluation concerning the present market state of affairs, newest tendencies and drivers, and the general market setting.
Technavio has introduced its newest market analysis report titled International Mountain Bike Market 2020-2024 (Graphic: Enterprise Wire)
Though the COVID-19 pandemic continues to rework the expansion of varied industries, the quick influence of the outbreak is different. 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 embrace all foreseeable market eventualities, together with pre- & post-COVID-19 evaluation. Download a Free Sample Report on COVID-19 Impacts
Often Requested Questions:
- What are the most important tendencies available in the market?
Progress within the improvement of electrical mountain bikes is a serious pattern driving the expansion of the market.
- At what fee 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 ladies mountain bikers will supply immense is likely one of the main components driving the market.
- How huge 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 through 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 ladies mountain bikers will supply immense development alternatives. To make a lot 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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Technavio’s customized analysis studies supply detailed insights on the influence of COVID-19 at an business stage, a regional stage, and subsequent provide chain operations. This personalized report will even 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 rules.
Mountain Bike Market 2020-2024: Segmentation
Mountain Bike Market is segmented as beneath:
- Geographic Panorama
- North America
- South America
Mountain Bike Market 2020-2024: Scope
Technavio presents an in depth image of the market by the best way of research, synthesis, and summation of information from a number of sources. The mountain bike market report covers the next areas:
- Mountain Bike Market Measurement
- Mountain Bike Market Tendencies
- Mountain Bike Market Business Evaluation
This research identifies development within the improvement of electrical mountain bikes as one of many prime causes driving the mountain bike market development through 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.
Mountain Bike Market 2020-2024: Key Highlights
- CAGR of the market through the forecast interval 2020-2024
- Detailed info on components that may help mountain bike market development through 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 info on distributors
- Complete particulars of things that may problem the expansion of mountain bike market distributors
- Market ecosystem
- Worth chain evaluation
- Market definition
- Market section evaluation
- Market dimension 2019
- Market outlook: Forecast for 2019 – 2024
- Bargaining energy of patrons
- Bargaining energy of suppliers
- Menace of latest entrants
- Menace of substitutes
- Menace 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 nations
- Market alternative by geography
Drivers, Challenges, and Tendencies
- Market drivers
- Quantity driver – Demand led development
- Quantity driver – Provide led development
- Quantity driver – Exterior components
- Quantity driver – Demand shift in adjoining markets
- Worth driver – Inflation
- Worth driver – Shift from decrease to higher-priced items
- Market challenges
- Market tendencies
- 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 tendencies and offers actionable insights to assist companies determine 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 shopper base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising shopper base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to determine alternatives in current and potential markets and assess their aggressive positions inside altering market eventualities.
CONTACT: Technavio Analysis
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INDUSTRY KEYWORD: SPORTS BIKING/CYCLING
SOURCE: Technavio Analysis
Copyright Enterprise Wire 2020.
PUB: 09/17/2020 02:30 PM/DISC: 09/17/2020 02:31 PM
Copyright Enterprise Wire 2020.