Market Overview:
The global bicycle infotainment market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for technologically advanced bicycles and rising awareness about the health benefits of cycling. The wearable kits segment is expected to grow at a higher CAGR than the on board kits segment during the forecast period, owing to their growing popularity among cyclists. In terms of application, mountain biking is expected to hold a larger share of the global bicycle infotainment market than road biking, due to increased participation in this type of cycling across regions such as North America and Europe.
Product Definition:
Bicycle Infotainment is the provision of information and entertainment to cyclists. This can include anything from route planning to music playback. The importance of Bicycle Infotainment is that it can make cycling a more enjoyable experience, which may encourage more people to take up cycling.
Wearable kits:
Wearable kits, it's usage.
The global wearable kit industry is expected to witness significant growth over the forecast period. The major factors that are driving this industry are increasing demand for fitness & health monitoring devices coupled with rising disposable income of middle-class population across the world. Additionally, growing awareness related to personal health and fitness among consumers is also fueling demand for these products.
On board kits:
On board kits are the electronic devices that are mounted on a vehicle or bicycle to provide information and entertainment. The primary function of these kits is to allow users to make calls using a mobile phone while being transported over public transport, such as in a car or bus. Onboard systems can also play music, provide directions and other similar services; all this while keeping the driver occupied with outspread arms free from any physical effort.
Application Insights:
The mountain bike segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growing popularity of biking as a recreational activity has led to an increase in demand for bicycles with features such as electronic instruments, lights, and horn. Moreover, increasing government initiatives on promoting bicycle trips are further anticipated to boost industry growth over the coming years.
Road bikes segment is also estimated to witness significant growth during the forecast period owing to rising consumer preference for advanced technology vehicles including GPS navigation systems and music players integrated with Bluetooth connectivity systems. Furthermore, manufacturers are increasingly focusing on developing innovative products that offer enhanced performance capabilities along with added safety features such as LED headlights and taillights which provide better visibility at night time while cycling on roads or paths covered by light sources from behind.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing disposable income, growing popularity of various sports including mountain biking and road cycling, rising awareness about health & fitness, along with increasing penetration of e-commerce in this region. Increasing number of manufacturers & suppliers coupled with rapid technological advancements is also expected to drive growth over the next eight years. China has emerged as a major hub for bicycle infotainment systems manufacturing owing to low production cost coupled with availability of skilled labor force at cheaper rates.
Europe was estimated at USD X billion in 2017.
Growth Factors:
- Increasing demand for bicycles from the fitness-conscious population
- Rising popularity of cycling as a mode of transportation in congested urban areas
- Government initiatives and subsidies to promote cycling as an eco-friendly alternative to motorized transport
- Technological advancements that have made bicycles smarter and more connected, thereby enhancing the riding experience
- Growing number of start-ups focused on developing innovative bicycle infotainment products and services
Scope Of The Report
Report Attributes
Report Details
Report Title
Bicycle Infotainment Market Research Report
By Type
Wearable kits, On board kits
By Application
Mountain bike, Road bike, Others
By Companies
GARMIN, WAHOO FITNESS, POLAR, MAGELLAN, SENA TECHNOLOGIES
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Bicycle Infotainment Market Report Segments:
The global Bicycle Infotainment market is segmented on the basis of:
Types
Wearable kits, On board kits
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mountain bike, Road bike, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GARMIN
- WAHOO FITNESS
- POLAR
- MAGELLAN
- SENA TECHNOLOGIES
Highlights of The Bicycle Infotainment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wearable kits
- On board kits
- By Application:
- Mountain bike
- Road bike
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bicycle Infotainment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bicycle infotainment is a term used to describe the integration of technology into bicycles in order to make them more user-friendly and informative. This can include features like GPS mapping, music playback, and weather information.
Some of the key players operating in the bicycle infotainment market are GARMIN, WAHOO FITNESS, POLAR, MAGELLAN, SENA TECHNOLOGIES.
The bicycle infotainment market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bicycle Infotainment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bicycle Infotainment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bicycle Infotainment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bicycle Infotainment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bicycle Infotainment Market Size & Forecast, 2018-2028
4.5.1 Bicycle Infotainment Market Size and Y-o-Y Growth
4.5.2 Bicycle Infotainment Market Absolute $ Opportunity
Chapter 5 Global Bicycle Infotainment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bicycle Infotainment Market Size Forecast by Type
5.2.1 Wearable kits
5.2.2 On board kits
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bicycle Infotainment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bicycle Infotainment Market Size Forecast by Applications
6.2.1 Mountain bike
6.2.2 Road bike
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bicycle Infotainment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bicycle Infotainment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bicycle Infotainment Analysis and Forecast
9.1 Introduction
9.2 North America Bicycle Infotainment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bicycle Infotainment Market Size Forecast by Type
9.6.1 Wearable kits
9.6.2 On board kits
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bicycle Infotainment Market Size Forecast by Applications
9.10.1 Mountain bike
9.10.2 Road bike
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bicycle Infotainment Analysis and Forecast
10.1 Introduction
10.2 Europe Bicycle Infotainment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bicycle Infotainment Market Size Forecast by Type
10.6.1 Wearable kits
10.6.2 On board kits
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bicycle Infotainment Market Size Forecast by Applications
10.10.1 Mountain bike
10.10.2 Road bike
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bicycle Infotainment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bicycle Infotainment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bicycle Infotainment Market Size Forecast by Type
11.6.1 Wearable kits
11.6.2 On board kits
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bicycle Infotainment Market Size Forecast by Applications
11.10.1 Mountain bike
11.10.2 Road bike
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bicycle Infotainment Analysis and Forecast
12.1 Introduction
12.2 Latin America Bicycle Infotainment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bicycle Infotainment Market Size Forecast by Type
12.6.1 Wearable kits
12.6.2 On board kits
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bicycle Infotainment Market Size Forecast by Applications
12.10.1 Mountain bike
12.10.2 Road bike
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bicycle Infotainment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bicycle Infotainment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bicycle Infotainment Market Size Forecast by Type
13.6.1 Wearable kits
13.6.2 On board kits
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bicycle Infotainment Market Size Forecast by Applications
13.10.1 Mountain bike
13.10.2 Road bike
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bicycle Infotainment Market: Competitive Dashboard
14.2 Global Bicycle Infotainment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GARMIN
14.3.2 WAHOO FITNESS
14.3.3 POLAR
14.3.4 MAGELLAN
14.3.5 SENA TECHNOLOGIES
