Global Cycle Computer Market Research Report 2023(Status and Outlook)

Global Cycle Computer Market Research Report 2023(Status and Outlook)

Report Overview

A Cycle Computer is a device mounted on a bicycle that calculates and displays trip information, similar to the instruments in the dashboard of a car. The computer with display, or head unit, usually is attached to the handlebar for easy viewing.

Cycle computers help you make the most of your time on the bike and are a great training tool, they have many functions including speed, distance, maximum speed, average speed and some even feature cadence (pedal revolutions). Trying to keep your average speed a bit higher or finish a familiar route in a new record time will give you the inspiration needed to push harder, get fitter and achieve that goal. If you commute on the same route every day, a computer injects a bit of interest. Cordless computers are easier to fit and look neater on the bike, meaning no messy cables to try and tidy up. If you're serious about improving your fitness, a computer with a cadence function will really help and these often read from the rear wheel, allowing them to be used with a turbo trainer.

Global Cycle Computer key players include CatEye, Sigma Sport, Garmin, etc. Global top three manufacturers hold a share over 40%.

Europe is the largest market, with a share over 30%, followed by China, and North America, both have a share over 30 percent.

In terms of product, Wireless Computer is the largest segment, with a share over 40%. And in terms of application, the largest application is Mountain Bike, followed by Road Bike, etc.

The Global Cycle Computer Market Size was estimated at USD 264 million in 2022 and is projected to reach USD 423.93 million by 2029, exhibiting a CAGR of 7.00% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Cycle Computer market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Cycle Computer Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Cycle Computer market in any manner.

Global Cycle Computer Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Garmin

CatEye

Pioneer Electronics

Sigma Sport

Polar

Bryton Inc

Giant Bicycles

Raleigh (Accell Group)

Trek Bicycle

Wahoo Fitness

Topeak Inc

VDO Cyclecomputers

o-synce

BBB Cycling

Bion

KNOG

Market Segmentation (by Type)

Wired Computer

Wireless Computer

Wireless and GPS Computer

Market Segmentation (by Application)

Consumer & Office Application

Commercial Application

Industrial Application

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Cycle Computer Market

Overview of the regional outlook of the Cycle Computer Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors