Global GPS Bike Computers Market Growth (Status and Outlook) 2023-2029

Global GPS Bike Computers Market Growth (Status and Outlook) 2023-2029

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.

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

This Insight Report provides a comprehensive analysis of the global GPS Bike Computers 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 GPS Bike Computers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global GPS Bike Computers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for GPS Bike Computers 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 GPS Bike Computers.

The global GPS Bike Computers market size is projected to grow from US$ 416 million in 2022 to US$ 600.9 million in 2029; it is expected to grow at a CAGR of 5.4% from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of GPS Bike Computers market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Mapping
Non-Mapping

Segmentation by application
Fitness and Commuting
Athletics and Sports

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.
Bryton
CATEYE
Garmin
Lezyne
Polar Electro

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