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Market Research Report
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1075639

Global GPS Bike Computers Market Size study, by Type (Mapping and Non-Mapping), by Application (Athletics and Sports, Fitness and Commuting, and Recreational/Leisure) and Regional Forecasts 2022-2028

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global GPS Bike Computers Market Size study, by Type (Mapping and Non-Mapping), by Application (Athletics and Sports, Fitness and Commuting, and Recreational/Leisure) and Regional Forecasts 2022-2028
Published: May 10, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

Global GPS Bike Computers Market is valued at approximately USD 542.5 million in 2021 and is anticipated to grow with a healthy growth rate of more than 6% over the forecast period 2022-2028. GPS bike computers can be attached to the bike and it uses satellites to track position, calculating speed, distance and time without magnets or wires. Some bike computers measure heart rate also by picking up signals from a sensor strapped to the chest. Rising preference for cycling owing to growing health awareness and increasing popularity of cycling events such as Tour de France, Milan-San Remo, Giro d'Italia, Amgen Tour of California, and others are the major factors fueling demand for GPS bike computers. Cyclists use it for training purposes and to monitor their health during cycling such as heart rate. According to Statista, the number of participants in BMX bicycling increased from 3.44 million in 2018 to 3.88 million in 2020. Furthermore, rising prevalence of diseases such as diabetes and obesity worldwide coupled with technological advancements are expected to promote demand in coming years. According to IDF Diabetes Atlas, in 2021, 90 million people were suffering from diabetes in Southeast Asia and 73 million in the Middle East and North Africa. Also, in May 2021, Wahoo launched an updated version of its Elemnt Bolt bike computer. This new device is integrated with a new 64-colour high-contrast screen, improved navigation features, and extended memory. However, high cost of these devices may hamper the growth during the forecast period 2022-28.

The key regions considered for the Global GPS Bike Computers Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is dominating the global market in terms of revenue and is also projected to show the highest growth during the forecast period 2022-28, due to growing penetration of electric bikes and a strong preference for outdoor sports activities.

Major market players included in this report are:

Garmin Ltd

Lezyne Inc.

Polar Electro Oy

Bryton Inc

CatEye Co., Ltd.

Giant Manufacturing Co. Ltd.

MiTAC Holdings Corp.

Pioneer Electronics (USA) Inc.

Wahoo Fitness LLC

Acer Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

Athletics and Sports

Fitness and Commuting

Recreational/Leisure

By Type:

Mapping

Non-Mapping

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global GPS Bike Computers Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
    • 1.2.1. GPS Bike Computers Market, by Region, 2020-2028 (USD Million)
    • 1.2.2. GPS Bike Computers Market, by Application, 2020-2028 (USD Million)
    • 1.2.3. GPS Bike Computers Market, by Type, 2020-2028 (USD Million)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global GPS Bike Computers Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global GPS Bike Computers Market Dynamics

  • 3.1. GPS Bike Computers Market Impact Analysis (2020-2028)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Rising preference for cycling owing to growing health awareness
      • 3.1.1.2. Increasing popularity of cycling events
    • 3.1.2. Market Challenges
      • 3.1.2.1. High cost associated with GPS Bike Computers
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Technological advancements
      • 3.1.3.2. Rising prevalence of diseases

Chapter 4. Global GPS Bike Computers Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global GPS Bike Computers Market, by Application

  • 6.1. Market Snapshot
  • 6.2. Global GPS Bike Computers Market by Application, Performance - Potential Analysis
  • 6.3. Global GPS Bike Computers Market Estimates & Forecasts by Application, 2018-2028 (USD Million)
  • 6.4. GPS Bike Computers Market, Sub Segment Analysis
    • 6.4.1. Athletics and Sports
    • 6.4.2. Fitness and Commuting
    • 6.4.3. Recreational/Leisure

Chapter 7. Global GPS Bike Computers Market, by Type

  • 7.1. Market Snapshot
  • 7.2. Global GPS Bike Computers Market by Type, Performance - Potential Analysis
  • 7.3. Global GPS Bike Computers Market Estimates & Forecasts by Type, 2018-2028 (USD Million)
  • 7.4. GPS Bike Computers Market, Sub Segment Analysis
    • 7.4.1. Mapping
    • 7.4.2. Non-Mapping

Chapter 8. Global GPS Bike Computers Market, Regional Analysis

  • 8.1. GPS Bike Computers Market, Regional Market Snapshot
  • 8.2. North America GPS Bike Computers Market
    • 8.2.1. U.S. GPS Bike Computers Market
      • 8.2.1.1. Application breakdown estimates & forecasts, 2018-2028
      • 8.2.1.2. Type breakdown estimates & forecasts, 2018-2028
    • 8.2.2. Canada GPS Bike Computers Market
  • 8.3. Europe GPS Bike Computers Market Snapshot
    • 8.3.1. U.K. GPS Bike Computers Market
    • 8.3.2. Germany GPS Bike Computers Market
    • 8.3.3. France GPS Bike Computers Market
    • 8.3.4. Spain GPS Bike Computers Market
    • 8.3.5. Italy GPS Bike Computers Market
    • 8.3.6. Rest of Europe GPS Bike Computers Market
  • 8.4. Asia-Pacific GPS Bike Computers Market Snapshot
    • 8.4.1. China GPS Bike Computers Market
    • 8.4.2. India GPS Bike Computers Market
    • 8.4.3. Japan GPS Bike Computers Market
    • 8.4.4. Australia GPS Bike Computers Market
    • 8.4.5. South Korea GPS Bike Computers Market
    • 8.4.6. Rest of Asia Pacific GPS Bike Computers Market
  • 8.5. Latin America GPS Bike Computers Market Snapshot
    • 8.5.1. Brazil GPS Bike Computers Market
    • 8.5.2. Mexico GPS Bike Computers Market
  • 8.6. Rest of The World GPS Bike Computers Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. Garmin Ltd.
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. Lezyne Inc.
    • 9.2.3. Polar Electro Oy
    • 9.2.4. Bryton Inc
    • 9.2.5. CatEye Co., Ltd.
    • 9.2.6. Giant Manufacturing Co. Ltd.
    • 9.2.7. MiTAC Holdings Corp.
    • 9.2.8. Pioneer Electronics (USA) Inc.
    • 9.2.9. Wahoo Fitness LLC
    • 9.2.10. Acer Inc.

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global GPS Bike Computers market, report scope
  • TABLE 2. Global GPS Bike Computers market estimates & forecasts by Region 2018-2028 (USD Million)
  • TABLE 3. Global GPS Bike Computers market estimates & forecasts by Application 2018-2028 (USD Million)
  • TABLE 4. Global GPS Bike Computers market estimates & forecasts by Type 2018-2028 (USD Million)
  • TABLE 5. Global GPS Bike Computers market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 6. Global GPS Bike Computers market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 7. Global GPS Bike Computers market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 8. Global GPS Bike Computers market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 9. Global GPS Bike Computers market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 10. Global GPS Bike Computers market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 11. Global GPS Bike Computers market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 12. Global GPS Bike Computers market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 13. Global GPS Bike Computers market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 14. Global GPS Bike Computers market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 15. U.S. GPS Bike Computers market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 16. U.S. GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 17. U.S. GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 18. Canada GPS Bike Computers market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 19. Canada GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 20. Canada GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 21. UK GPS Bike Computers market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 22. UK GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 23. UK GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 24. Germany GPS Bike Computers market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 25. Germany GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 26. Germany GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 27. RoE GPS Bike Computers market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 28. RoE GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 29. RoE GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 30. China GPS Bike Computers market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 31. China GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 32. China GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 33. India GPS Bike Computers market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 34. India GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 35. India GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 36. Japan GPS Bike Computers market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 37. Japan GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 38. Japan GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 39. RoAPAC GPS Bike Computers market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 40. RoAPAC GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 41. RoAPAC GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 42. Brazil GPS Bike Computers market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 43. Brazil GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 44. Brazil GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 45. Mexico GPS Bike Computers market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 46. Mexico GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 47. Mexico GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 48. RoLA GPS Bike Computers market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 49. RoLA GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 50. RoLA GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 51. Row GPS Bike Computers market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 52. Row GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 53. Row GPS Bike Computers market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 54. List of secondary sources, used in the study of global GPS Bike Computers market
  • TABLE 55. List of primary sources, used in the study of global GPS Bike Computers market
  • TABLE 56. Years considered for the study
  • TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global GPS Bike Computers market, research methodology
  • FIG 2. Global GPS Bike Computers market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global GPS Bike Computers market, key trends 2021
  • FIG 5. Global GPS Bike Computers market, growth prospects 2022-2028
  • FIG 6. Global GPS Bike Computers market, porters 5 force model
  • FIG 7. Global GPS Bike Computers market, pest analysis
  • FIG 8. Global GPS Bike Computers market, value chain analysis
  • FIG 9. Global GPS Bike Computers market by segment, 2018 & 2028 (USD Million)
  • FIG 10. Global GPS Bike Computers market by segment, 2018 & 2028 (USD Million)
  • FIG 11. Global GPS Bike Computers market by segment, 2018 & 2028 (USD Million)
  • FIG 12. Global GPS Bike Computers market by segment, 2018 & 2028 (USD Million)
  • FIG 13. Global GPS Bike Computers market by segment, 2018 & 2028 (USD Million)
  • FIG 14. Global GPS Bike Computers market, regional snapshot 2018 & 2028
  • FIG 15. North America GPS Bike Computers market 2018 & 2028 (USD Million)
  • FIG 16. Europe GPS Bike Computers market 2018 & 2028 (USD Million)
  • FIG 17. Asia Pacific GPS Bike Computers market 2018 & 2028 (USD Million)
  • FIG 18. Latin America GPS Bike Computers market 2018 & 2028 (USD Million)
  • FIG 19. Global GPS Bike Computers market, company market share analysis (2021)