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Mountain Bike Market- Roadmap for Recovery from COVID-19 | Rise In Women Mountain Bikers to Boost the Market Growth | Technavio | Business

Mountain Bike Market- Roadmap for Recovery from COVID-19 | Rise In Women Mountain Bikers to Boost the Market Growth | Technavio | Business 2020-10-04Leave a comment

electrical mountain bike Mountain Bike Market- Roadmap for Restoration from COVID-19 | Rise In Ladies Mountain Bikers to Enhance the Market Development | Technavio | Enterprise

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 relating to the present market state of affairs, newest developments and drivers, and the general market surroundings.

Technavio has introduced its newest market analysis report titled World Mountain Bike Market 2020-2024 (Graphic: Enterprise Wire)

Though the COVID-19 pandemic continues to remodel the expansion of assorted industries, the rapid impression of the outbreak is assorted. Whereas a number of industries will register a drop in demand, quite a few others will proceed to stay unscathed and present promising progress alternatives. Technavio’s in-depth analysis has all of your wants coated as our analysis experiences embrace all foreseeable market eventualities, together with pre- & post-COVID-19 evaluation. Download a Free Sample Report on COVID-19 Impacts

Incessantly Requested Questions:

  • What are the most important developments available in the market?
    Development within the growth of electrical mountain bikes is a significant development driving the expansion of the market.
  • At what charge 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 available in the market?
    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 among the main market contributors.
  • What are the important thing market drivers?
    The rise in ladies mountain bikers will provide immense is among 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., Large 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 provide immense progress 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 experiences provide detailed insights on the impression of COVID-19 at an business stage, a regional stage, and subsequent provide chain operations. This custom-made report will even assist shoppers sustain with new product launches in direct & oblique COVID-19 associated markets, upcoming vaccines and pipeline evaluation, and vital developments in vendor operations and authorities rules.

Mountain Bike Market 2020-2024: Segmentation

Mountain Bike Market is segmented as beneath:

  • Finish-user
  • Geographic Panorama
    • North America
    • Europe
    • APAC
    • South America
    • MEA

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 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 growth of electrical mountain bikes as one of many prime causes driving the mountain bike market progress through the subsequent few years.

Technavio suggests three forecast eventualities (optimistic, possible, and pessimistic) contemplating the impression of COVID-19. Technavio’s in-depth analysis has direct and oblique COVID-19 impacted market analysis experiences.

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 progress through the subsequent 5 years
  • Estimation of the mountain bike market measurement and its contribution to the guardian market
  • Predictions on upcoming developments 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 measurement 2019
  • Market outlook: Forecast for 2019 – 2024
  • 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 measurement and forecast 2019-2024
  • Competitors – Market measurement and forecast 2019-2024
  • Market alternative by Finish-user
  • Geographic segmentation
  • Geographic comparability
  • North America – Market measurement and forecast 2019-2024
  • Europe – Market measurement and forecast 2019-2024
  • APAC – Market measurement and forecast 2019-2024
  • South America – Market measurement and forecast 2019-2024
  • MEA – Market measurement 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 components
  • Quantity driver – Demand shift in adjoining markets
  • Worth driver – Inflation
  • Worth driver – Shift from decrease to higher-priced models
  • Market challenges
  • Market developments
  • Overview
  • 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
  • Checklist of abbreviations

     

Technavio is a number one world know-how analysis and advisory firm. Their analysis and evaluation focuses on rising market developments and supplies actionable insights to assist companies establish 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 experiences and counting, overlaying 800 applied sciences, spanning throughout 50 international locations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising consumer base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market eventualities.

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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.

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