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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1424315
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1424315
Cyclocomputer Market, By Type, By Functionality, By Display Type, By Connectivity, By Mounting Type, By Application, By User Type, By Price Range, By Distribution Channel, By Geography
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The Cyclocomputer Market size is estimated to be valued at US$ 542.9 Mn in 2023 and is expected to reach US$ 900.7 Mn by 2030, exhibiting a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023/2024: | US$ 542.9 Mn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023/2024 to 2030/2031 CAGR: | 7.50% | 2030/2031 Value Projection: | US$ 900.7 Mn |
Figure 1. Cyclocomputer Market Share (%), By Region, 2023
Cyclocomputers which is also known as bike computer, have emerged as essential accessories for cyclists seeking to enhance their riding experience and track their performance. These compact electronic devices, typically mounted on the handle bar or stem of a bicycle, provide a wealth of information and metrics to cyclist in real time. Cyclocomputers offer features such as speed tracking, distance measurement, cadence monitoring, heart rate monitoring, GPS navigation, and data analysis. They enable cyclists to monitor their progress, set goals, analyze their rides, and optimize their training regimens. With advancements in technology, cyclocomputers have become increasingly sophisticated, incorporating wireless connectivity, integration with smartphone apps, and compatibility with sensors for a compressive cycling experience. Weather for recreational riders, fitness enthusiasts, or competitive athletes, cyclocomputers have become indispensable tools that empower cyclists to track their performance and make informed decisions to improve their riding skills and achieve their cycling goals.
Market Dynamics:
Growing cyclic popularity, technological advancements, and fitness consciousness is anticipated to drive growth of the cyclocomputer market over the forecast period. Moreover, cycling events fuel the demand for cyclocomputers, offering data and features to enhance the cycling experience and performance. Thus, growing cycling events are also expected to boost the growth of the global cyclocomputer market over the forecast period. Advancements in technology, integration with smart devices, expansion in emerging markets, and a focus on safety navigation features for enhanced user experience are expected to create growth opportunities for the cyclocomputer market during the forecast period.
However, high costs, technological complexity, and reliance on battery power, which can limit accessibility, pose usability challenges, and require management on battery life are expected to hamper growth of the cyclocomputer market over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global cyclocomputer market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the cyclocomputer market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study Garmin Ltd., CatEye Co., Ltd., Wahoo Fitness, Sigma Sport, Bryton Inc., Lezyne, Polar Electro Oy, Bontrager (Trek Bicycle Corporation), Stages Cycling LLC, Pioneer Corporation, SRM GmbH, Magene Technology Co., Ltd., Giant Manufacturing Co., Ltd., Topeak Inc., and Mio Technology (Navman Group)
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The cyclocomputer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the cyclocomputer market
Cyclocomputer Market Detailed Segmentation:
- By Type:
- Wired Cyclocomputers
- Wireless Cyclocomputers
- GPS-Enabled Cyclocomputers
- By Functionality:
- Basic Cyclocomputers (speed, distance, time)
- Advanced Cyclocomputers (cadence, heart rate, power)
- Navigation-enabled Cyclocomputers
- Training and Performance Analysis Cyclocomputers
- By Display Type:
- LCD Display
- LED Display
- By Connectivity:
- Bluetooth
- ANT+
- Smartphone App Integration
- By Mounting Type:
- Handlebar-mounted Cyclocomputers
- Stem-mounted Cyclocomputers
- Integrated Cyclocomputers (integrated into the bike)
- By Application:
- Road Cycling
- Mountain Biking
- Commuting
- Touring
- Indoor Cycling
- Others
- By User Type:
- Casual/Recreational Cyclists
- Fitness Enthusiasts
- Professional Cyclists
- By Price Range:
- Budget Cyclocomputers
- Mid-range Cyclocomputers
- High-end Cyclocomputers
- By Distribution Channel:
- Online Retailers
- Specialty Bicycle Retailers
- Sports Equipment Stores
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Top Companies in the Cyclocomputer Market:
- Garmin Ltd.
- CatEye Co., Ltd.
- Wahoo Fitness
- Sigma Sport
- Bryton Inc.
- Lezyne
- Polar Electro Oy
- Bontrager (Trek Bicycle Corporation)
- Stages Cycling LLC
- Pioneer Corporation
- SRM GmbH
- Magene Technology Co., Ltd.
- Giant Manufacturing Co., Ltd.
- Topeak Inc.
- Mio Technology (Navman Group)
Product Code: CMI5923
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Cyclocomputer Market , By Type
- Cyclocomputer Market , By Functionality
- Cyclocomputer Market , By Display Type
- Cyclocomputer Market , By Connectivity
- Cyclocomputer Market , By Mounting Type
- Cyclocomputer Market , By Application
- Cyclocomputer Market , By User Type
- Cyclocomputer Market , By Price Range
- Cyclocomputer Market , By Distribution Channel
- Cyclocomputer Market , By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Fitness and health consciousness
- Cycling events and competitions
- Fitness consciousness and cycling events
- Restraints
- High cost
- Technological complexity
- Opportunities
- Integration with smart devices and apps
- Expansion in emerging markets
- Key Highlights
- Regulatory Scenario
- Recent Trends
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Mergers, Acquisitions, and Collaborations
4. Cyclocomputer Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Cyclocomputer Market, By Type, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Wired Cyclocomputers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Wireless Cyclocomputers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- GPS-enabled Cyclocomputers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
6. Cyclocomputer Market, By Functionality, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Basic Cyclocomputers (speed, distance, time)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Advanced Cyclocomputers (cadence, heart rate, power)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Navigation-enabled Cyclocomputers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Training and Performance Analysis Cyclocomputers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
7. Cyclocomputer Market, By Display Type, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- LCD Display
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- LED Display
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
8. Cyclocomputer Market, By Connectivity, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Bluetooth
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- ANT +
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Smartphone App Integration
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
9. Cyclocomputer Market, By Mounting Type, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Handlebar mounted Cyclocomputers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Stem mounted Cyclocomputers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Integrated Cyclocomputers (integrated into the bike)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
10. Cyclocomputer Market, By Application, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Road Cycling
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Mountain Biking
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Commuting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Touring
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Indoor Cycling
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
11. Cyclocomputer Market, By User Type, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Casual/Recreational Cyclists
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Fitness Enthusiasts
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Professional Cyclists
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
12. Cyclocomputer Market, By Price Range, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Budget Cyclocomputers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Mid-range Cyclocomputers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- High-end Cyclocomputers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
13. Cyclocomputer Market, By Distribution Channel, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Sub-region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Sub-region, 2018 - 2030
- Segment Trends
- Online Retailers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Specialty Bicycle Retailers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Sports Equipment Stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
14. Cyclocomputer Market, By Region, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018 -2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Functionality, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Display Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Mounting Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By User Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Price Range, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- Israel
- South Africa
- North Africa
- Central Africa
- Rest of Middle East.
15. Competitive Landscape
- Garmin Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- CatEye Co., Ltd.
- Wahoo Fitness
- Sigma Sport
- Bryton Inc.
- Lezyne
- Polar Electro Oy
- Bontrager (Trek Bicycle Corporation)
- Stages Cycling LLC
- Pioneer Corporation
- SRM GmbH
- Magene Technology Co., Ltd.
- Giant Manufacturing Co., Ltd.
- Topeak Inc.
- Mio Technology (Navman Group)
- Analyst Views
16. Section
- References
- Research Methodology
- About us
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