Mountain Bike Market was worth US$ 6.26 Bn in 2022 and total revenue is expected to grow at a rate of 12% CAGR from 2023 to 2029, reaching almost US$ 13.86 Bn in 2029.Mountain Bike Market Overview:
A mountain bicycle generally referred to a mountain bike, is meant for off-road cycling. It exhibits greater durability and performance in choppy terrains and is usually ridden on mountainous regions that have hard rocks, loose dirt, muddy or grassy tracks, and steep slopes. The sales of mountain bikes have gradually risen over the years with new players entering it with new and better products. Also, mountain biking tourism is acting as a catalyst for economic development in several emerging countries, all over the globe. Mountain biking focuses on off-road travel where bikers ride on dirt roads, and uneven terrains to reach their destination. This is a very eco-friendly industry, which offers healthy, recreational, and non-polluting sustainable transport to riders. Mountain bike tourism is also helpful in bringing revenue for the host community and region.To know about the Research Methodology :- Request Free Sample Report
Mountain Bike Market Dynamics:
The growth in women mountain bikers will be one of the important factors that will positively influence the growth of the global mountain bike market. There is a rise in the number of women mountain bikers, and many leading mountain bike manufactures have also increased the development of bikes especially for women. The demand for bikes, like the women’s line of Liv bikes, that complement the body shape of women, has increased to ensure that the bikers are comfortable during their ride. The companies have made sure that the bikes for women have lesser weight and can offer more comfort resulting in higher confidence levels to the customers. This rise in awareness and women mountain bike rides have given rise to several workshops, groups, and tours across the world. Also, many mountain bike clubs offer women-only rides, events, and races, for example, IMBA, Breeze initiative. These initiatives will drive the demand for mountain bikes among women, which drive the growth of the global mountain bike market. The increasing number of accidents in bike riding contests, as well as the speed with which the country's economic development is accelerated as a result of the mountain biking competitions, are key factors influencing the growth of the global mountain bike market. However, the worldwide mountain bike market's growth is hampered by just single use, poor riding skills, and high maintenance costs. On the other hand, the global mountain bike industry will be fuelled by robust technology and increased sales of riding bikes. Several associations promote the mountain bike market, for instance, the International Mountain Bicycling Association is a non-profit educational association whose mission is to create, enhance and preserve great trail experiences for mountain bikers worldwide. All associations work with the objective of maintaining and promoting trail opportunities for mountain biking by providing assistance, education, and information, which encourage the growth of the mountain bike market. Mountain bike demand has risen as a result of increased competitiveness. Mountain bike tournaments allow participants to earn money while also increasing the market's demand. As a result, increased competition contributes to the country's economic development as well as the rise of the mountain bike market in the near future.Mountain Bike Market Segment Analysis:
Global Mountain Bike Market can be sub-segmented into Type and Application. Based on Type, the market is sub-segmented into Cross Country Bikes, All Mountain Bikes, Downhill Bikes, Freeride Bikes and Dirt Jumping Bikes. Cross country bikes held the largest market share of the global market and maintaining its dominance remains the same in the forecast period. Cross country bikes are the most popular and most widely sold. These bikes are used for riding for longer durations through the vast forests and nature trails. These bikes aren’t built to sustain extreme heavy activities and high forces and are rather built to have a strong endurance. These bikes thus require exact control to be ridden through the long stretches of natural landscapes. All-mountain bikes are built to be ridden exactly through the mountainous terrain and rough patches of land. These bikes are, therefore designed, to be extremely durable to sustain the constant forces being exerted on its components from almost any direction.Mountain Bike Market Regional Insights:
North America is expected to account for the largest market share of the global market, thanks to high popularity of mountain biking adventure sport, large per capita income, organized nature of mountain biking sporting body in form of National Collegiate Cycling Association, a large competition, for example, the National Mountain Bike Series and others. The rising influence of media and tourism is also driving the market indirectly and so is the increasing awareness of health benefits related to biking. Additionally, Europe accounts for the second-largest market led by Germany, France, and others. The Asia-Pacific market is expected to generate the fastest growth throughout the forecast period. The Asia-Pacific region is expected to be led by China followed by India. The Middle East and Africa are poised to generate moderate growth skewed in favor of the Gulf economies of Saudi Arabia and the UAE. The objective of the report is to present a comprehensive analysis of the Global Mountain Bike Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global market dynamics, structure by analyzing the market segments and project the Global Mountain Bike Market size. Clear representation of competitive analysis of key players by Product, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Mountain Bike Market make the report investor’s guideMountain Bike Market Scope: Inquire before buying
Mountain Bike Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 6.26 Bn. Forecast Period 2023 to 2029 CAGR: 12% Market Size in 2029: US $ 13.86 Bn. Segments Covered: by Type Cross Country Bikes All Mountain Bikes Downhill Bikes Freeride Bikes Dirt Jumping Bikes by Application Racing Leisure by Products E-mountain Bikes Standard Mountain Bikes Mountain Bike Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Mountain Bike Market Key Players are:
1. Giant Bicycles 2. Cannondale 3. Pivot Cycles 4. TRINX 5. SCOTT Sports 6. Trek Bicycle Corporation 7. XDS BICYCLES 8. Xidesheng Bicycle Company 9. CUBE Bikes 10.Diamondback Bicycles 11.Beistegui Hermanos SA 12.Cycling Sports Group Inc. 13.Derby Cycle Holding GmbH 14.Dorel Industries Inc. 15.Merida Industry Co. Ltd. 16.GT Bicycles 17.Norco Bicycles 18.Santa Cruz Bicycles LLCFrequently Asked Questions:
1)What was the market size of Global Mountain Bike Market markets in 2022? Ans - Global Mountain Bike Market was worth US$ 6.26 Bn in 2022. 2) What is the market segment of Global Mountain Bike Market markets? Ans -The market segments are based on Type and Application 3) What is forecast period consider for Global Mountain Bike Market? Ans -The forecast period for Global Mountain Bike Market is 2023 to 2029. 4) Which are the worldwide major key players covered for Global Mountain Bike Market report? Ans - Giant Bicycles, Cannondale, Pivot Cycles, TRINX, SCOTT Sports, Trek Bicycle Corporation, XDS BICYCLES, Xidesheng Bicycle Company, CUBE Bikes, Diamondback Bicycles, Beistegui Hermanos SA, Cycling Sports Group Inc., Derby Cycle Holding GmbH, Dorel Industries Inc. , Merida Industry Co. Ltd., GT Bicycles, Norco Bicycles, Santa Cruz Bicycles LLC 5) Which region is dominated in Global Mountain Bike Market? Ans - In 2022, North America region dominated the Global Mountain Bike Market.
1. Mountain Bike Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Mountain Bike Market: Dynamics 2.1. Mountain Bike Market Trends by Region 2.1.1. North America Mountain Bike Market Trends 2.1.2. Europe Mountain Bike Market Trends 2.1.3. Asia Pacific Mountain Bike Market Trends 2.1.4. Middle East and Africa Mountain Bike Market Trends 2.1.5. South America Mountain Bike Market Trends 2.2. Mountain Bike Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Mountain Bike Market Drivers 2.2.1.2. North America Mountain Bike Market Restraints 2.2.1.3. North America Mountain Bike Market Opportunities 2.2.1.4. North America Mountain Bike Market Challenges 2.2.2. Europe 2.2.2.1. Europe Mountain Bike Market Drivers 2.2.2.2. Europe Mountain Bike Market Restraints 2.2.2.3. Europe Mountain Bike Market Opportunities 2.2.2.4. Europe Mountain Bike Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Mountain Bike Market Drivers 2.2.3.2. Asia Pacific Mountain Bike Market Restraints 2.2.3.3. Asia Pacific Mountain Bike Market Opportunities 2.2.3.4. Asia Pacific Mountain Bike Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Mountain Bike Market Drivers 2.2.4.2. Middle East and Africa Mountain Bike Market Restraints 2.2.4.3. Middle East and Africa Mountain Bike Market Opportunities 2.2.4.4. Middle East and Africa Mountain Bike Market Challenges 2.2.5. South America 2.2.5.1. South America Mountain Bike Market Drivers 2.2.5.2. South America Mountain Bike Market Restraints 2.2.5.3. South America Mountain Bike Market Opportunities 2.2.5.4. South America Mountain Bike Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Mountain Bike Industry 2.8. Analysis of Government Schemes and Initiatives For Mountain Bike Industry 2.9. Mountain Bike Market Trade Analysis 2.10. The Global Pandemic Impact on Mountain Bike Market 3. Mountain Bike Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Mountain Bike Market Size and Forecast, by Type (2022-2029) 3.1.1. Cross Country Bikes 3.1.2. All Mountain Bikes 3.1.3. Downhill Bikes 3.1.4. Freeride Bikes 3.1.5. Dirt Jumping Bikes 3.2. Mountain Bike Market Size and Forecast, by Application (2022-2029) 3.2.1. Racing 3.2.2. Leisure 3.3. Mountain Bike Market Size and Forecast, by Product (2022-2029) 3.3.1. E-mountain Bikes 3.3.2. Standard Mountain Bikes 3.4. Mountain Bike Market Size and Forecast, by Region (2022-2029) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Mountain Bike Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Mountain Bike Market Size and Forecast, by Type (2022-2029) 4.1.1. Cross Country Bikes 4.1.2. All Mountain Bikes 4.1.3. Downhill Bikes 4.1.4. Freeride Bikes 4.1.5. Dirt Jumping Bikes 4.2. North America Mountain Bike Market Size and Forecast, by Application (2022-2029) 4.2.1. Racing 4.2.2. Leisure 4.3. North America Mountain Bike Market Size and Forecast, by Product (2022-2029) 4.3.1. E-mountain Bikes 4.3.2. Standard Mountain Bikes 4.4. North America Mountain Bike Market Size and Forecast, by Country (2022-2029) 4.4.1. United States 4.4.1.1. United States Mountain Bike Market Size and Forecast, by Type (2022-2029) 4.4.1.1.1. Cross Country Bikes 4.4.1.1.2. All Mountain Bikes 4.4.1.1.3. Downhill Bikes 4.4.1.1.4. Freeride Bikes 4.4.1.1.5. Dirt Jumping Bikes 4.4.1.2. United States Mountain Bike Market Size and Forecast, by Application (2022-2029) 4.4.1.2.1. Racing 4.4.1.2.2. Leisure 4.4.1.3. United States Mountain Bike Market Size and Forecast, by Product (2022-2029) 4.4.1.3.1. E-mountain Bikes 4.4.1.3.2. Standard Mountain Bikes 4.4.2. Canada 4.4.2.1. Canada Mountain Bike Market Size and Forecast, by Type (2022-2029) 4.4.2.1.1. Cross Country Bikes 4.4.2.1.2. All Mountain Bikes 4.4.2.1.3. Downhill Bikes 4.4.2.1.4. Freeride Bikes 4.4.2.1.5. Dirt Jumping Bikes 4.4.2.2. Canada Mountain Bike Market Size and Forecast, by Application (2022-2029) 4.4.2.2.1. Racing 4.4.2.2.2. Leisure 4.4.2.3. Canada Mountain Bike Market Size and Forecast, by Product (2022-2029) 4.4.2.3.1. E-mountain Bikes 4.4.2.3.2. Standard Mountain Bikes 4.4.3. Mexico 4.4.3.1. Mexico Mountain Bike Market Size and Forecast, by Type (2022-2029) 4.4.3.1.1. Cross Country Bikes 4.4.3.1.2. All Mountain Bikes 4.4.3.1.3. Downhill Bikes 4.4.3.1.4. Freeride Bikes 4.4.3.1.5. Dirt Jumping Bikes 4.4.3.2. Mexico Mountain Bike Market Size and Forecast, by Application (2022-2029) 4.4.3.2.1. Racing 4.4.3.2.2. Leisure 4.4.3.3. Mexico Mountain Bike Market Size and Forecast, by Product (2022-2029) 4.4.3.3.1. E-mountain Bikes 4.4.3.3.2. Standard Mountain Bikes 5. Europe Mountain Bike Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Mountain Bike Market Size and Forecast, by Type (2022-2029) 5.2. Europe Mountain Bike Market Size and Forecast, by Application (2022-2029) 5.3. Europe Mountain Bike Market Size and Forecast, by Product (2022-2029) 5.4. Europe Mountain Bike Market Size and Forecast, by Country (2022-2029) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Mountain Bike Market Size and Forecast, by Type (2022-2029) 5.4.1.2. United Kingdom Mountain Bike Market Size and Forecast, by Application (2022-2029) 5.4.1.3. United Kingdom Mountain Bike Market Size and Forecast, by Product(2022-2029) 5.4.2. France 5.4.2.1. France Mountain Bike Market Size and Forecast, by Type (2022-2029) 5.4.2.2. France Mountain Bike Market Size and Forecast, by Application (2022-2029) 5.4.2.3. France Mountain Bike Market Size and Forecast, by Product(2022-2029) 5.4.3. Germany 5.4.3.1. Germany Mountain Bike Market Size and Forecast, by Type (2022-2029) 5.4.3.2. Germany Mountain Bike Market Size and Forecast, by Application (2022-2029) 5.4.3.3. Germany Mountain Bike Market Size and Forecast, by Product (2022-2029) 5.4.4. Italy 5.4.4.1. Italy Mountain Bike Market Size and Forecast, by Type (2022-2029) 5.4.4.2. Italy Mountain Bike Market Size and Forecast, by Application (2022-2029) 5.4.4.3. Italy Mountain Bike Market Size and Forecast, by Product(2022-2029) 5.4.5. Spain 5.4.5.1. Spain Mountain Bike Market Size and Forecast, by Type (2022-2029) 5.4.5.2. Spain Mountain Bike Market Size and Forecast, by Application (2022-2029) 5.4.5.3. Spain Mountain Bike Market Size and Forecast, by Product (2022-2029) 5.4.6. Sweden 5.4.6.1. Sweden Mountain Bike Market Size and Forecast, by Type (2022-2029) 5.4.6.2. Sweden Mountain Bike Market Size and Forecast, by Application (2022-2029) 5.4.6.3. Sweden Mountain Bike Market Size and Forecast, by Product (2022-2029) 5.4.7. Austria 5.4.7.1. Austria Mountain Bike Market Size and Forecast, by Type (2022-2029) 5.4.7.2. Austria Mountain Bike Market Size and Forecast, by Application (2022-2029) 5.4.7.3. Austria Mountain Bike Market Size and Forecast, by Product (2022-2029) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Mountain Bike Market Size and Forecast, by Type (2022-2029) 5.4.8.2. Rest of Europe Mountain Bike Market Size and Forecast, by Application (2022-2029) 5.4.8.3. Rest of Europe Mountain Bike Market Size and Forecast, by Product (2022-2029) 6. Asia Pacific Mountain Bike Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Mountain Bike Market Size and Forecast, by Type (2022-2029) 6.2. Asia Pacific Mountain Bike Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific Mountain Bike Market Size and Forecast, by Product (2022-2029) 6.4. Asia Pacific Mountain Bike Market Size and Forecast, by Country (2022-2029) 6.4.1. China 6.4.1.1. China Mountain Bike Market Size and Forecast, by Type (2022-2029) 6.4.1.2. China Mountain Bike Market Size and Forecast, by Application (2022-2029) 6.4.1.3. China Mountain Bike Market Size and Forecast, by Product (2022-2029) 6.4.2. S Korea 6.4.2.1. S Korea Mountain Bike Market Size and Forecast, by Type (2022-2029) 6.4.2.2. S Korea Mountain Bike Market Size and Forecast, by Application (2022-2029) 6.4.2.3. S Korea Mountain Bike Market Size and Forecast, by Product (2022-2029) 6.4.3. Japan 6.4.3.1. Japan Mountain Bike Market Size and Forecast, by Type (2022-2029) 6.4.3.2. Japan Mountain Bike Market Size and Forecast, by Application (2022-2029) 6.4.3.3. Japan Mountain Bike Market Size and Forecast, by Product (2022-2029) 6.4.4. India 6.4.4.1. India Mountain Bike Market Size and Forecast, by Type (2022-2029) 6.4.4.2. India Mountain Bike Market Size and Forecast, by Application (2022-2029) 6.4.4.3. India Mountain Bike Market Size and Forecast, by Product (2022-2029) 6.4.5. Australia 6.4.5.1. Australia Mountain Bike Market Size and Forecast, by Type (2022-2029) 6.4.5.2. Australia Mountain Bike Market Size and Forecast, by Application (2022-2029) 6.4.5.3. Australia Mountain Bike Market Size and Forecast, by Product (2022-2029) 6.4.6. Indonesia 6.4.6.1. Indonesia Mountain Bike Market Size and Forecast, by Type (2022-2029) 6.4.6.2. Indonesia Mountain Bike Market Size and Forecast, by Application (2022-2029) 6.4.6.3. Indonesia Mountain Bike Market Size and Forecast, by Product (2022-2029) 6.4.7. Malaysia 6.4.7.1. Malaysia Mountain Bike Market Size and Forecast, by Type (2022-2029) 6.4.7.2. Malaysia Mountain Bike Market Size and Forecast, by Application (2022-2029) 6.4.7.3. Malaysia Mountain Bike Market Size and Forecast, by Product (2022-2029) 6.4.8. Vietnam 6.4.8.1. Vietnam Mountain Bike Market Size and Forecast, by Type (2022-2029) 6.4.8.2. Vietnam Mountain Bike Market Size and Forecast, by Application (2022-2029) 6.4.8.3. Vietnam Mountain Bike Market Size and Forecast, by Product(2022-2029) 6.4.9. Taiwan 6.4.9.1. Taiwan Mountain Bike Market Size and Forecast, by Type (2022-2029) 6.4.9.2. Taiwan Mountain Bike Market Size and Forecast, by Application (2022-2029) 6.4.9.3. Taiwan Mountain Bike Market Size and Forecast, by Product (2022-2029) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Mountain Bike Market Size and Forecast, by Type (2022-2029) 6.4.10.2. Rest of Asia Pacific Mountain Bike Market Size and Forecast, by Application (2022-2029) 6.4.10.3. Rest of Asia Pacific Mountain Bike Market Size and Forecast, by Product (2022-2029) 7. Middle East and Africa Mountain Bike Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Mountain Bike Market Size and Forecast, by Type (2022-2029) 7.2. Middle East and Africa Mountain Bike Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa Mountain Bike Market Size and Forecast, by Product (2022-2029) 7.4. Middle East and Africa Mountain Bike Market Size and Forecast, by Country (2022-2029) 7.4.1. South Africa 7.4.1.1. South Africa Mountain Bike Market Size and Forecast, by Type (2022-2029) 7.4.1.2. South Africa Mountain Bike Market Size and Forecast, by Application (2022-2029) 7.4.1.3. South Africa Mountain Bike Market Size and Forecast, by Product (2022-2029) 7.4.2. GCC 7.4.2.1. GCC Mountain Bike Market Size and Forecast, by Type (2022-2029) 7.4.2.2. GCC Mountain Bike Market Size and Forecast, by Application (2022-2029) 7.4.2.3. GCC Mountain Bike Market Size and Forecast, by Product (2022-2029) 7.4.3. Nigeria 7.4.3.1. Nigeria Mountain Bike Market Size and Forecast, by Type (2022-2029) 7.4.3.2. Nigeria Mountain Bike Market Size and Forecast, by Application (2022-2029) 7.4.3.3. Nigeria Mountain Bike Market Size and Forecast, by Product (2022-2029) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Mountain Bike Market Size and Forecast, by Type (2022-2029) 7.4.4.2. Rest of ME&A Mountain Bike Market Size and Forecast, by Application (2022-2029) 7.4.4.3. Rest of ME&A Mountain Bike Market Size and Forecast, by Product (2022-2029) 8. South America Mountain Bike Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Mountain Bike Market Size and Forecast, by Type (2022-2029) 8.2. South America Mountain Bike Market Size and Forecast, by Application (2022-2029) 8.3. South America Mountain Bike Market Size and Forecast, by Product(2022-2029) 8.4. South America Mountain Bike Market Size and Forecast, by Country (2022-2029) 8.4.1. Brazil 8.4.1.1. Brazil Mountain Bike Market Size and Forecast, by Type (2022-2029) 8.4.1.2. Brazil Mountain Bike Market Size and Forecast, by Application (2022-2029) 8.4.1.3. Brazil Mountain Bike Market Size and Forecast, by Product (2022-2029) 8.4.2. Argentina 8.4.2.1. Argentina Mountain Bike Market Size and Forecast, by Type (2022-2029) 8.4.2.2. Argentina Mountain Bike Market Size and Forecast, by Application (2022-2029) 8.4.2.3. Argentina Mountain Bike Market Size and Forecast, by Product (2022-2029) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Mountain Bike Market Size and Forecast, by Type (2022-2029) 8.4.3.2. Rest Of South America Mountain Bike Market Size and Forecast, by Application (2022-2029) 8.4.3.3. Rest Of South America Mountain Bike Market Size and Forecast, by Product (2022-2029) 9. Global Mountain Bike Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Mountain Bike Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Giant Bicycles 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Cannondale 10.3. Pivot Cycles 10.4. TRINX 10.5. SCOTT Sports 10.6. Trek Bicycle Corporation 10.7. XDS BICYCLES 10.8. Xidesheng Bicycle Company 10.9. CUBE Bikes 10.10. Diamondback Bicycles 10.11. Beistegui Hermanos SA 10.12. Cycling Sports Group Inc. 10.13. Derby Cycle Holding GmbH 10.14. Dorel Industries Inc. 10.15. Merida Industry Co. Ltd. 10.16. GT Bicycles 10.17. Norco Bicycles 10.18. Santa Cruz Bicycles LLC 11. Key Findings 12. Industry Recommendations 13. Mountain Bike Market: Research Methodology 14. Terms and Glossary