Global Cycle Computer Market Growth 2023-2029

Global Cycle Computer Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Cycle Computer Industry Forecast” looks at past sales and reviews total world Cycle Computer sales in 2022, providing a comprehensive analysis by region and market sector of projected Cycle Computer sales for 2023 through 2029. With Cycle Computer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cycle Computer industry.

This Insight Report provides a comprehensive analysis of the global Cycle Computer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cycle Computer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cycle Computer market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cycle Computer and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cycle Computer.

The global Cycle Computer market size is projected to grow from US$ 276.8 million in 2022 to US$ 452.2 million in 2029; it is expected to grow at a CAGR of 452.2 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Cycle Computer market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Wired Computer

Wireless Computer

Wireless and GPS Computer

Segmentation by application

Mountain Bike

Road Bike

Other

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cycle Computer market?

What factors are driving Cycle Computer market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cycle Computer market opportunities vary by end market size?

How does Cycle Computer break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.