Polish video game maker CD Projekt RED, the company behind The Witcher and Cyberpunk 2077, said Tuesday hackers had stolen data in a “targeted cyber attack”.

Key Companies Profiled are Giant Manufacturing Co. Ltd. (Taiwan), The Cannondale Bicycle Corporation (US), Pivot Cycles (US), Trek Bicycle Corporation (US), Scott Sports SA (Switzerland), Trinx Bikes (Taiwan), Xidesheng bicycle company (China), XDS Bikes (Australia), CUBE Bikes (China), and Diamondback Bicycles (US), among others.Pune, Feb. 09, 2021 (GLOBE NEWSWIRE) — Increasing cross-country Championship Contests Drive the Mountain Bike Market Growth The mountain bike market outlook appears quite promising with the increasing cross-country competitions worldwide. Adventure tourism is the fastest-growing tourism industry worldwide, and several countries are focusing on new mountain bike strategies aiming for an economic boost. Countries with great potential for bike trails are especially hoping for ambitious new mountain biking strategies to lead to business opportunities for them. There’s a great potential in bringing the fast-growing sport mountain biking, and there are significant investments poured into developing the required infrastructure to help make it happen. Therefore, the mountain bike market share is projected to escalate further during the forecast period. Market Research Future (MRFR), in its recent mountain bike market analysis, asserts that the market is expected to grow at approximately 10% CAGR during the assessment period. Get Free Sample PDF Brochure https://www.marketresearchfuture.com/sample_request/5165 Covid-19 has proved to be a boon for the mountain bike industry as bike sales have rose up to five times during pandemic. 2020 was expected to be a big year for cross-country, with the Olympic Games scheduled, but due to the widespread global pandemic putting most of the industries on the black foot, many competitions got canceled, and the mountain bike industry too had to face severe consequences. However, with the lockdown mandates getting relaxed gradually, the mountain bike market is witnessing surging accruals as mountain biking popularity surges further. The bicycle industry has reported astonishing growth for the last few months as people took up cycling to remain healthy & fit in a socially distanced world during the pandemic. There is a significant surge in demand across age-groups, which has acted as a business opportunity in the making, and the results have been exciting. Overview Mountain bikes are bicycles primarily designed for off-road activities and power sports/adventure sports. Mountain bikes are extremely durable and can perform with enhanced durability in rough terrains and mountainous regions. These bikes are capable of withstanding a high amount of repetitive actions and severe shocks & loads. Among several factors responsible for the growth of the mountain bike market include the significant durability and sturdiness of these bikes that increases their uptake and the economic development that can speed up through mountain biking competitions. Rising rates of accidents during bike riding competitions have pushed bicycle manufacturers to produce more durable and sturdy bikes. The importance and awareness of fitness related to biking activities have led people to pursue endurance sports. This, along with the increasing popularity of bicycles, boosts the mountain bike market size. The well-established mountain bike market is growing pervasively. Increasing numbers of athletes and sportsmen coupled with the increasing number of adventure sports associations and technological development worldwide pushes the mountain bike market shares to further heights. Browse In-depth Market Research Report (100 pages) on Mountain Bike Market https://www.marketresearchfuture.com/reports/mountain-bike-market-5165 Segmentation The mountain bike market analysis is segmented into type, application, and region. The type segment is sub-segmented into cross country bikes, all mountain bikes, downhill bikes, freeride bikes, dirt jumping bikes, and others. The application segment is sub-segmented into racing and leisure. Among the types of mountain bikes, these cross country bikes hold the largest market share due to their vast popularity. The sales of cross country bikes are more due to their extensive uptake for longer riding durations in the vast forests and natural trails riding. All mountain bikes are extremely durable to sustain the constant forces, specifically through the mountainous terrain and rough land patches. Downhill bikes are extremely sturdy and made from light material to gain control over the downhill trails, usually in a straight line in the mountain terrain. Dirt jumping bikes have a highly durable suspension system and a chassis, which do not buckle under the force of sand mounds. Freeriding bikes are somewhat similar to cross country bikes and are sturdier and are designed to carry out multiple trails meant for encountering unpredictable terrains. Share Your Queries https://www.marketresearchfuture.com/enquiry/5165 Regional Segmentation The regional segmentation is bifurcated into the Asia Pacific (China, Japan, India, South Korea, and Rest-of-the-APAC), and Rest-of-the-World, the Americas (US, Canada, Mexico, Rest-of-North America) and South America, and Europe (the UK, Germany, France, Italy, and Rest-of-Europe). It is observed that North America has been consistently dominating the global mountain bike market and is estimated to maintain its market position in the coming years as well. The presence of a well-established adventure sports industry and power sports industry and major mountain bike manufacturers in the region propels the market’s growth. With a large base of mountain sports enthusiasts, the US and Canada account for considerable shares in the regional market. Also, the US and Canada have a large presence of many prominent mountain biking associations and competition operators, offering a variety of mountain biking activities such as cross-country, freeride, dirt jumping, and downhill. Moreover, the US government encourages physical activities to increase the endurance and the well-being of its citizens, which adds to the region’s mountain bike market share. Moreover, the proliferation of action ports and high expenditure on adventure sports provide impetus to the market growth. Europe holds the second-best position in terms of the mountain bike market value. The growing consumer purchasing power and increased spending on action sports impact the mountain bike market growth. Additionally, rapid research and development activities and the introduction of lightweight bikes offer significant opportunities for the mountain bike industry in the region. Competitive Analysis The mountain bike market is experiencing implementations of several strategic approaches, such as expansion, collaboration, mergers & acquisitions, and product launches. Mature industry players are making strategic investments in research and development activities and fostering their expansion plans. List of the key companies profiled in the Mountain Bike Market research report are: Giant Manufacturing Co. Ltd. (Taiwan)The Cannondale Bicycle Corporation (US)Pivot Cycles (US)Trek Bicycle Corporation (US)Scott Sports SA (Switzerland)Trinx Bikes (Taiwan)Xidesheng bicycle company (China)XDS Bikes (Australia)CUBE Bikes (China), andDiamondback Bicycles (US), among others. Discover More Research Reports on Bikes And Motorcycles Industry, By Market Research Future Browse Related Reports: Global Micro-Mobility Market Research Report: By Weight Capacity (Up to 100 kg, 100250 kg, Above 250 kg), By Travel Range (Up to 20 km, 2040 km, Above 40 km), By Type (2-wheeler, 3-wheeler, Others) and By Application (Commercial, Residential) Forecast to 2025 Global Electric Three-Wheeler Market Research Report: Information By Battery Type (Lithium-Ion, Nickel-Metal Hydride, Lead-Acid and others), By Driving Range (Less Than 50 Miles, 50100 Miles and above 100 Miles), By Vehicle Type (Passenger Carrier and Utility/Goods Carrier) and Region – Forecast till 2026 Global Electric Motorcycles Market Research Report: Information by Vehicle Range (Below 75 Miles, 75-100 Miles and Above 100 Miles), Battery Type (Li-ion, Lead Acid and Nickel Metal Hydride), Voltage (Below 24 Volt, 24-48 volt, 48-60 volt and Above 60 volt) and Region (North America, Europe, Asia-Pacific and the Rest of the World) – Forecast till 2025 Global Electric Scooter and Battery Market Research Report: Information by Type (Plug-in and Battery-based), Product (Retro, Self-Balancing and Folding), Voltage (24V, 36V, 48V and more than 48V), Travel Range (up to 20 km, 20 km40 km and more than 40 km) and Region (North America, Europe, Asia-Pacific and Rest of the World) – Forecast till 2025 Global Electric cargo bikes Market Research Report: Information by Product Type (Two-Wheeler, Three-Wheeler, Four-Wheeler), Battery Type (Lithium-Ion, Lead-Based, Nickel-Based), End-use (Courier & Parcel Service Providers, Service Delivery, Personal Use/ Transportation, Large Retail Supplier, Waste Municipal Services, others) and Region – Forecast till 2025 Bicycle Market By Type (e-Bikes and Conventional Bikes), By Application (Racing, Transportation Tools and Recreation) Global Forecast 2023 Global Off-Road Motorcycle Market Information Report by Type (Dirt Bikes, Adventure Bikes, Trial Bikes, Enduro Bikes, Kids Motorbikes and Others), By Application (Recreational And Defense) And By Region – Forecast To 2023 Global Electric Two-Wheeler Market Research Report: Information by Type (Electric Motorcycle and Electric Scooter), Battery Type (Sealed Lead Acid, Lithium-Ion and others), Voltage (24V, 36V, 48V and More than 48V) and Region – Forecast till 2025 Global E-Scooters Market Research Report: Information By Battery Type (Sealed Lead Acid, Li-Ion, Ni-MH), by Technology (Plug-In, Battery Operated), by Voltage (36V, 24V, 48V, More than 48V), by E-Scooter Type, by Category, and Regions Forecast till 2023 About Market Research Future: Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions. Follow Us: LinkedIn | Twitter CONTACT: Contact: Market Research Future Phone: +1 628 258 0071(US) +44 2035 002 764(UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com