Global GPS Bike Computers Market 2024 by Company, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global GPS Bike Computers market size was valued at USD 437.6 million in 2023 and is forecast to a readjusted size of USD 614.7 million by 2030 with a CAGR of 5.0% during review period.
A GPS bike computer is a navigation device that can be mounted on the handlebars of a bicycle. This cycling computer receives satellite signals through GPS and helps users to monitor their rides and track their cycling performance. It also tracks the users progress on the road and helps them create new routes or follow a pre-planned route and view the progress in real time.
One of the prominent trends that is being witnessed in the market is the introduction of GPS bike computers with analog display and digital data collection. The increasing adoption of bicycles for commuting together coupled with the increasing participation in cycling sports and events and growing health consciousness among people across the globe has elevated the need for GPS bike computers. The preference for low cost, easy to use, and uniquely designed GPS bike computers is rising globally. Thus, the players are engaged in manufacturing low cost, featured, easy to use, and unique designed GPS bike computers. This demand is eased by the introduction of trending analog GPS bike computers.
The Global Info Research report includes an overview of the development of the GPS Bike Computers industry chain, the market status of Fitness and Commuting (Mapping, Non-Mapping), Athletics and Sports (Mapping, Non-Mapping), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of GPS Bike Computers.
Regionally, the report analyzes the GPS Bike Computers markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global GPS Bike Computers market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the GPS Bike Computers market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the GPS Bike Computers industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Mapping, Non-Mapping).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the GPS Bike Computers market.
Regional Analysis: The report involves examining the GPS Bike Computers market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the GPS Bike Computers market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to GPS Bike Computers:
Company Analysis: Report covers individual GPS Bike Computers players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards GPS Bike Computers This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Fitness and Commuting, Athletics and Sports).
Technology Analysis: Report covers specific technologies relevant to GPS Bike Computers. It assesses the current state, advancements, and potential future developments in GPS Bike Computers areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the GPS Bike Computers market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
GPS Bike Computers market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Mapping
Non-Mapping
Market segment by Application
Fitness and Commuting
Athletics and Sports
Market segment by players, this report covers
Bryton
CATEYE
Garmin
Lezyne
Polar Electro
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe GPS Bike Computers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of GPS Bike Computers, with revenue, gross margin and global market share of GPS Bike Computers from 2019 to 2024.
Chapter 3, the GPS Bike Computers competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and GPS Bike Computers market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of GPS Bike Computers.
Chapter 13, to describe GPS Bike Computers research findings and conclusion.