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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the mountain bike market and it is poised to grow by USD 2.52 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Click & Get Free sample report in minutes Impact of COVID-19 The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the mountain bike market. The market growth in 2020 is likely to increase compared to the market growth in 2019. Frequently Asked Questions: Related Reports on Consumer Discretionary Include: Global High-End Bicycle Market- The global high-end bicycle market is segmented by distribution channels (offline and online), product (hybrid bikes, mountain bikes, road bikes, track bikes, and others), and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report Global E-Bike Market- The e-bike market is segmented by battery type (SLA batteries, and Li-ion batteries) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Beistegui Hermanos SA, Cycling Sports Group Inc., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., Merida Industry Co. Ltd., Pivot Cycle, SCOTT Sports SA, Trek Bicycle Corp., and XDS Bikes are some of the major market participants. Although the rise in women mountain bikers will offer immense growth opportunities. However, an increase in accidents and crashes, and related injuries is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this mountain bike market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Mountain Bike Market 2020-2024: Segmentation Mountain Bike Market is segmented as below: To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41094 Mountain Bike Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The mountain bike market report covers the following areas: This study identifies the growth in development of electric mountain bikes as one of the prime reasons driving the mountain bike market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Mountain Bike Market 2020-2024: Key Highlights Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by End-user Customer landscape Geographic Landscape Drivers, Challenges, and Trends Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Answer: Mountain Bike Market Research 2020-2024 | COVID-19 Market Impact Analysis for the New Normal | Technavio