Global GPS Cycling Navigation Computer Market Growth 2024-2030

Global GPS Cycling Navigation Computer Market Growth 2024-2030

The way a cycle computer works is simple. Each time a magnet on the wheel passes a sensor on the fork a signal is generated. The bike computer measures the time between those signals and works out how fast you're going, based on the wheel dimension you gave it on initial set up. A GPS cycling navigation computer will provide you with detailed analysis about your cycle ride, as well as route guidance and mapping.

The global GPS Cycling Navigation Computer market size is projected to grow from US$ 423.6 million in 2023 to US$ 628.9 million in 2030; it is expected to grow at a CAGR of 5.8% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “GPS Cycling Navigation Computer Industry Forecast” looks at past sales and reviews total world GPS Cycling Navigation Computer sales in 2023, providing a comprehensive analysis by region and market sector of projected GPS Cycling Navigation Computer sales for 2024 through 2030. With GPS Cycling Navigation Computer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world GPS Cycling Navigation Computer industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for GPS Cycling Navigation 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 GPS Cycling Navigation Computer.

The market for GPS bicycle navigation devices is currently showing several distinct trends. Firstly, with an increasing emphasis on healthy lifestyles, the popularity of cycling as a sport and leisure activity is growing, driving the growth of the GPS bicycle navigation device market. Secondly, as technology continues to advance, the cost of GPS technology is decreasing, while the functionality and performance of navigation devices are improving, attracting more consumers. Additionally, there is a growing demand for outdoor activities, with more people choosing cycling as a leisure pursuit, which also presents growth opportunities for the GPS bicycle navigation device market. Furthermore, the increasing environmental awareness is also driving the growth of the bicycle market to some extent, indirectly promoting the demand for GPS bicycle navigation devices. In addition, emerging features such as health monitoring and social interaction are adding appeal to GPS bicycle navigation devices, and the continuous improvement and innovation of these features will be important drivers of market growth. Overall, the market for GPS bicycle navigation devices is expected to continue its growth trajectory in the future, especially with the ongoing development of smart technology and increasing consumer focus on health and outdoor activities, unlocking the market's potential further.

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

Segmentation by type
Wired Computer
Wireless Computer

Segmentation by application
Online Sales
Offline Sales

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 GPS Cycling Navigation Computer market?

What factors are driving GPS Cycling Navigation Computer market growth, globally and by region?

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

How do GPS Cycling Navigation Computer market opportunities vary by end market size?

How does GPS Cycling Navigation Computer break out type, application?

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