Mountain Bikes Market by Application (Intracity, Intercity) Forecast, 2020-2027
The dirt bike is a two-wheeled vehicle designed for use on off-road riding surfaces.
PORTLAND, OR, USA, Jan 6, 2022 /EINPresswire.com/ – The mountain bike is a two-wheeled vehicle designed for use on off-road riding surfaces. The mountain bike frame is lightweight, often constructed of hard plastic and limited metal. In addition, the all-terrain motorcycle has a small fuel tank for more lightness and compactness. In addition, keeping the mountain bike lighter reduces the stress on the suspension and thus absorbs bumps and jumps in the off-road more effectively. Also, the tires on an all terrain bike are narrow and have bumps and a tread for traction. The mountain bike has a narrow seat and does not have additional accessories like stereo systems. In addition, off-road motorcycles have high ground clearance and better torque compared to conventional motorcycles.
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The companies covered by this report study:
Honda, Yamaha, Suzuki, Kawasaki, Husqvarna motorcycles, Beta motorcycles, BMW, Aprilia, KTM, Bultaco
Main impact factors: analysis of market scenarios, trends, drivers and impact analysis
The rise in popularity of motocross events is primarily driving the off-road motorcycle market. Further, the health benefits offered by off-road motorcycle sports are fueling the growth of the market. In addition, the increase in the number of motocross enthusiasts and the increase in disposable income is propelling the growth of the market. However, the high maintenance costs of off-road motorcycles are hampering the growth of the market. Additionally, the growing influence of the media has resulted in a proliferation of viewers for the event, which in turn increases the demand for off-road motorcycles. In addition, the growing number of rider sponsorships and major brand races is boosting the off-road motorcycle market.
The market trends for off-road motorcycles are as follows:
An electric off-road motorcycle to support the market
With rising fuel prices and increasing concern about global warming, the demand for electric mobility has increased. In addition, the maintenance of the electric mountain bike is also less due to the reduced number of moving parts. In addition, electric off-road motorcycles are extremely quiet. Considering the advantages offered by the electrification of off-road motorcycles, automakers are investing in the production of an electric off-road motorcycle. For example, in 2019 Husqvarna released its first electric mountain bike. In addition, Tesla plans to roll out electric mountain bikes.
Dual purpose motorcycle to accelerate growth
The dual sport motorcycle is designed to ride in off-road conditions and is equipped with street approved equipment like lighting, speedometer, horns, license plate and others for riding in the streets. In recent years, off-road motorcycling and adventure tourism are rapidly gaining popularity. Additionally, the consumer buying model has shifted from fully faired sports bikes to bikes that will offer a ride into uncharted territory for further exploration. In 2019, Yamaha launched the WR155 dual-purpose motorcycle in Indonesia. In addition, the UM dual sport motorcycle is being tested for launch in India.
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Main advantages of the report:
â¢ This study presents the analytical description of the mountain biking industry along with current trends and future estimates to determine impending pockets of investment.
â¢ The report presents information related to key drivers, restraints, and opportunities along with detailed market share analysis.
â¢ The current market is analyzed quantitatively from 2020 to 2027 to highlight the growth scenario.
â¢ Porter’s Five Forces Analysis illustrates the power of buyers and suppliers in the marketplace.
â¢ The report provides a detailed analysis of the off-road motorcycles market based on the intensity of the competition and how the competition will take shape in the coming years.
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