How big is the Mountain Bike Market | Growth, Size & Analysis 2031

Code: MTA7610 Publication Date: Aug 2025

How big is the Mountain Bike Market?

According to 6Wresearch internal database and industry insights, the Global Mountain Bike Market was valued at USD 12.5 Billion in 2024 and is expected to reach USD 18.4 Billion by 2031, growing at a compound annual growth rate of 9.87% during the forecast period (2025-2031).

The market growth is driven by increasing outdoor recreational activity, rising awareness of health and fitness, growing participation in mountain biking events, and demand for durable, high-performance bikes.

Growth Factors for Mountain Bike Market

  • Adventure travel and outdoor sports are becoming more and more popular worldwide.
  • Growing health consciousness is causing more people to ride bikes for fun.
  • Governments and municipalities extending bike routes and providing specialized infrastructure
  • Technological developments in suspension and bike frame design
  • Consumer expenditure on high-end and electric mountain bike models has increased.
  • An increase in mountain biking competitions, events, and foreign sponsorships

Mountain Bike Market Trends

Mountain Bike Market is witnessing a steady surge with the worldwide shift towards outdoor fitness and lifestyle sports. The demand for lightweight, full-suspension bikes and electric mountain bikes (e-MTBs) is increasing rapidly. The market is also observing innovations in bike geometry, carbon fiber frames, and advanced braking systems. Customization options, along with increasing female participation in mountain biking, are further shaping product development and marketing strategies.

Emerging Developments in the Mountain Bike Market

Emerging developments in the Mountain Bike Market include the growing integration of electric-assist technologies in off-road bikes, along with AI-powered smart gear shifting systems. Manufacturers are experimenting with sustainable frame materials such as bamboo and recycled carbon composites. Moreover, app-based performance tracking, GPS-integrated handlebar systems, and community-based biking ecosystems are being adopted. Strategic partnerships with adventure tourism operators are also opening new sales and rental avenues.

List of Leading Companies in the Mountain Bike Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1.Trek Bicycle Corporation

Company NameTrek Bicycle Corporation
Establishment Year1976
HeadquarterWisconsin, United States
Official WebsiteClick here

This company designs and manufactures a wide range of high-performance mountain bikes, including electric and full-suspension models with cutting-edge tech.

2.Specialized Bicycle Components

Company NameSpecialized Bicycle Components
Establishment Year1974
HeadquarterCalifornia, United States
Official WebsiteClick here

This company focuses on innovation-led mountain biking gear and bicycles, offering specialized lines for amateurs, pros, and e-bike enthusiasts.

3.Giant Manufacturing Co. Ltd.

Company NameGiant Manufacturing Co. Ltd.
Establishment Year1972
HeadquarterTaichung, Taiwan
Official WebsiteClick here

This company is one of the world largest bicycle manufacturers, providing durable and affordable mountain bikes with modern geometry and suspension.

4.Cannondale (Dorel Industries Inc.)

Company NameCannondale (Dorel Industries Inc.)
Establishment Year1971
HeadquarterConnecticut, United States
Official WebsiteClick here

This company produces premium mountain bikes known for their aluminum and carbon fiber innovations and performance-based design.

5.Santa Cruz Bicycles

Company NameSanta Cruz Bicycles
Establishment Year1993
HeadquarterCalifornia, United States
Official WebsiteClick here

This company offers high-end mountain bikes, with a focus on aggressive trail, enduro, and downhill bikes made with carbon and aluminum frames.

6.Scott Sports SA

Company NameScott Sports SA
Establishment Year1958
HeadquarterGivisiez, Switzerland
Official WebsiteClick here

This company delivers mountain bikes and outdoor sports equipment, offering carbon-based frames and proprietary integrated suspension systems.

7.Pivot Cycles

Company NamePivot Cycles
Establishment Year2007
HeadquarterArizona, United States
Official WebsiteClick here

This company specializes in high-performance, boutique mountain bikes designed for technical trails and competitive racing.

8.Yeti Cycles

Company NameYeti Cycles
Establishment Year1985
HeadquarterColorado, United States
Official WebsiteClick here

This company focuses exclusively on premium mountain bikes, especially for trail and enduro riding, with proprietary suspension technologies.

9.BMC Switzerland AG

Company NameBMC Switzerland AG
Establishment Year1985
HeadquarterGrenchen, Switzerland
Official WebsiteClick here

This company designs performance-focused bikes with a strong emphasis on engineering precision and competitive cycling features.

How big is the Mountain Bike Market : FAQ's

The mountain bike market is projected to reach USD 18.4 billion by 2031.
The mountain bike market is expected to grow at a CAGR of 9.87% during the forecast period (2025–2031).
North America and Europe hold the largest share due to strong biking cultures, with Asia-Pacific emerging rapidly due to growing outdoor tourism.
Key companies include Trek, Specialized, Giant, Cannondale, Santa Cruz Bicycles, Scott Sports, and Pivot Cycles.
The major segments include cross-country bikes, trail bikes, downhill bikes, electric mountain bikes (e-MTBs), and enduro bikes.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All