Global Mountain Bicycles Market

Feb 2020| VMR1716A| Verified Market Research

Report Highlights

Mountain Bicycles Market

According to Verified Market Research, Global Mountain Bicycles Market was valued at USD 7.38 Billion in 2018 and is projected to reach USD 10 Billion by 2026, growing at a CAGR of 3.8% from 2019 to 2026.

Global Mountain Bicycles Market Outlook

The economic development of the country is spending up due the mountain biking competitions, which lead to the growth of mountain biking tours is the major factor fueling the global mountain bicycles market growth. Increasing accidents during bike riding competitions have pushed the bicycles manufacturers to produce more durable and sturdy bikes is expected to propel the market growth. Moreover, the importance and awareness of fitness-related activities has led people to pursue endurance sports, increasing demand for electric mountain bikes, technological advancements, and rising tourism activities are expected to drive the market.

Global Mountain Bicycles Market Competitive Landscape

The Global Mountain Bicycles Market study report will provide valuable insight with an emphasis on the global market including some of the major players such as Cannondale, Giant, Scott, Trek, Specialized, Santa Cruz, Merida, Rocky Mountain Bicycles, Company six, and XDS Bikes.

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