Global GPS-equipped Cycle Computers Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global GPS-equipped Cycle Computers market size was valued at USD 433.2 million in 2023 and is forecast to a readjusted size of USD 640.3 million by 2030 with a CAGR of 5.7% during review period.
A GPS-equipped Cycle Computers 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.
A significant driver in the GPS-equipped Cycle Computers market is the growing popularity of cycling as both a recreational activity and a mode of transportation. GPS-equipped cycle computers offer cyclists valuable features like real-time tracking, navigation, and performance metrics, enhancing their overall riding experience. However, a notable challenge in this market is the need for battery life and data accuracy. Ensuring that GPS cycle computers have sufficient battery endurance for long rides and provide accurate location and performance data, even in challenging environments, poses a significant challenge. Manufacturers must focus on battery optimization, signal reliability, and user-friendly interfaces to meet the demands of cyclists and provide a seamless and reliable cycling experience.
The Global Info Research report includes an overview of the development of the GPS-equipped Cycle Computers industry chain, the market status of Mountain Bike (Wired Computer, Wireless Computer), Road Bike (Wired Computer, Wireless Computer), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of GPS-equipped Cycle Computers.
Regionally, the report analyzes the GPS-equipped Cycle 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-equipped Cycle Computers market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the GPS-equipped Cycle 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-equipped Cycle 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 sales quantity (Units), revenue generated, and market share of different by Type (e.g., Wired Computer, Wireless Computer).
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-equipped Cycle Computers market.
Regional Analysis: The report involves examining the GPS-equipped Cycle 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-equipped Cycle 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-equipped Cycle Computers:
Company Analysis: Report covers individual GPS-equipped Cycle Computers manufacturers, 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-equipped Cycle Computers This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Mountain Bike, Road Bike).
Technology Analysis: Report covers specific technologies relevant to GPS-equipped Cycle Computers. It assesses the current state, advancements, and potential future developments in GPS-equipped Cycle Computers areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the GPS-equipped Cycle 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-equipped Cycle 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 volume and value.
Market segment by Type
Wired Computer
Wireless Computer
Wireless & GPS Computer
Market segment by Application
Mountain Bike
Road Bike
Other
Major players covered
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 segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe GPS-equipped Cycle Computers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of GPS-equipped Cycle Computers, with price, sales, revenue and global market share of GPS-equipped Cycle Computers from 2019 to 2024.
Chapter 3, the GPS-equipped Cycle Computers competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the GPS-equipped Cycle Computers breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and GPS-equipped Cycle Computers market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of GPS-equipped Cycle Computers.
Chapter 14 and 15, to describe GPS-equipped Cycle Computers sales channel, distributors, customers, research findings and conclusion.