Chart on Global - Market size and forecast 2024-2029 (USD mn)
| Historic Data 2019 - 2023 (USD mn )
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Forecasted Data 2024 - 2029 (USD mn )
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The mountain bike industry caters to the demand for environmentally friendly vehicles for off-road adventure sports. Mountain Bikes, including dirt jumping bikes and freeride bikes, are designed to excel in off-track areas with rough terrain, handling trails' surface flaws and weather conditions with ease. These bikes boast features such as front or full suspension, stronger wheels, big knobby tires, and lower gear ratios for pedaling power and engine support. Customer awareness towards safety devices and injury prevention has led to the development of advanced safety features. New energy engines, such as electric mountain bikes, are gaining popularity, offering an enhanced riding experience while reducing reliance on traditional fuels like diesel and gasoline. The market size for mountain bikes continues to expand, attracting younger consumers with a penchant for off-road thrills. Despite the risks of accidents and collisions, the allure of the great outdoors and the adrenaline rush make mountain biking a popular pastime.
- Technavio reports elaborately highlights the historic market size from 2019 to 2024. Furthermost we also provide the forecast till 2029 with in-depth market share and their CAGR.
- We also have 10+ specific vendor with their key offering and product/service segments in specific.
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