Mountain Bicycles – Global Industry Analysis and Projections 2020-2027 Featuring 36 Competitor Profiles – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Mountain Bicycles – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Mountain Bicycles Market to Reach $9.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Mountain Bicycles estimated at US$ 7.7 Billion in the year 2020, is projected to reach a revised size of US$ 9.9 Billion by 2027, growing at a CAGR of 3.8% over the period 2020-2027.
Competition, one of the segments analyzed in the report, is projected to record 4% CAGR and reach US$ 6.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Leisure segment is readjusted to a revised 3.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 6.1% CAGR
The Mountain Bicycles market in the U.S. is estimated at US$ 2.1 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$ 2 Billion by the year 2027 trailing a CAGR of 6.1% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.
Select Competitors (Total 36 Featured)
- Cannondale
- Company six
- Giant
- Merida
- Rocky Mountain Bicycles
- Santa Cruz
- Scott
- Specialized
- Trek
- XDS Bikes
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and a Looming Global Recession
- Global Competitor Market Shares
- Mountain Bicycles Competitor Market Share Scenario Worldwide (in %): 2020E
- Global Competitor Market Shares by Segment
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 36
For more information about this report visit https://www.researchandmarkets.com/r/hffy3t
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