Market Overview:
The global bicycle stopwatch market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing popularity of cycling as a mode of transportation and rising health awareness among people. In addition, technological advancements in bicycle stopwatches are also contributing to the growth of this market. On the basis of type, the global bicycle stopwatch market can be segmented into wired computer, wireless computer, and wireless & GPS computer. The wired computer segment is expected to hold a major share in this market owing to its low cost and easy installation. However, with increasing demand for features such as real-time tracking and route navigation, the wireless & GPS computer segment is projected to grow at a higher rate during the forecast period. On the basis of application,the global bicycle stopwatchmarket can be divided into mountain bike, road bike,,and other applications such as cyclo-cross,.
Product Definition:
A bicycle stopwatch is a type of stopwatch used to time the duration of a bicycle race or time trial. It is typically mounted on the handlebars and has two buttons, one to start and one to stop. The clock will start automatically when the button is pushed and will continue running until it is stopped. This allows riders to keep track of their elapsed time without having to look at the watch.
Wired Computer:
Wired computer is a device that enables bicycle riders to monitor and control various aspects of their bicycles, such as speed, odometer reading, and bike identification number. The stopwatch function can be used for timing any event from a specific time duration.
The wired computer on the other hand is an electronic device that enables bicycle riders to monitor.
Wireless Computer:
Wireless computer is a device that enables bicycle riders to monitor and control various functions of their bicycles from a distance. It consists of sensors, an antenna, and Bluetooth or RFID technology. The wireless computer on the other hand is used in Bicycle Stopwatch for timing purposes only.
Application Insights:
The mountain bike application segment accounted for the largest share of over 40.0% in 2017. The rising popularity of cycling as a recreational activity has resulted in an increased demand for mountain bikes, which is expected to fuel the market growth over the forecast period. Furthermore, increasing focus on fitness and health is promoting the use of stopwatches to keep track of lap times and distances covered by athletes while riding bicycles on different terrains including hills and mountains.
Road bike stopwatch was estimated as the second-largest application segment with a revenue share of 37.8% in 2017 owing to growing participation & performance events such as World Championships, Olympics Games and Commonwealth Games across various countries worldwide since past few years which has boosted product demand globally especially among professional cyclists who are highly focused on improving their skillsets along with tracking lap times during training or racing sessions respectively thereby contributing towards overall market growth globally since past few years according to industry experts (read more here).
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 popularity of sports such as mountain biking, road cycling, and cyclo-cross racing. The region has witnessed a significant rise in sales of bicycles on account of increasing penetration of e-bikes. In addition, growing health awareness among people is anticipated to fuel regional growth during the forecast period.
Growth Factors:
- Increasing demand for bicycles as a mode of transportation
- Rising health awareness and the need for physical fitness
- Growing popularity of cycling as a recreational activity
- Technological advancements in bicycle stopwatch design and functionality
- Government initiatives to promote cycling as an environmentally friendly mode of transportation
Scope Of The Report
Report Attributes
Report Details
Report Title
Bicycle Stopwatch Market Research Report
By Type
Wired Computer, Wireless Computer, Wireless & GPS Computer
By Application
Mountain Bike, Road Bike, Other
By Companies
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
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Bicycle Stopwatch Market Report Segments:
The global Bicycle Stopwatch market is segmented on the basis of:
Types
Wired Computer, Wireless Computer, Wireless & GPS Computer
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, Other
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
- 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
Highlights of The Bicycle Stopwatch 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:
- Wired Computer
- Wireless Computer
- Wireless & GPS Computer
- By Application:
- Mountain Bike
- Road Bike
- Other
- 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 Stopwatch 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A bicycle stopwatch is a timer that can be attached to a bicycle so that riders can time their rides. It is typically used to track elapsed time, speed, or distance.
Some of the major players in the bicycle stopwatch market are 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.
The bicycle stopwatch market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bicycle Stopwatch 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 Stopwatch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bicycle Stopwatch 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 Stopwatch 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 Stopwatch Market Size & Forecast, 2020-2028
4.5.1 Bicycle Stopwatch Market Size and Y-o-Y Growth
4.5.2 Bicycle Stopwatch Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Wired Computer
5.2.2 Wireless Computer
5.2.3 Wireless & GPS Computer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Mountain Bike
6.2.2 Road Bike
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bicycle Stopwatch 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 Stopwatch 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Wired Computer
9.6.2 Wireless Computer
9.6.3 Wireless & GPS Computer
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 Market Size Forecast by Applications
9.10.1 Mountain Bike
9.10.2 Road Bike
9.10.3 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Wired Computer
10.6.2 Wireless Computer
10.6.3 Wireless & GPS Computer
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 Market Size Forecast by Applications
10.10.1 Mountain Bike
10.10.2 Road Bike
10.10.3 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Wired Computer
11.6.2 Wireless Computer
11.6.3 Wireless & GPS Computer
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 Market Size Forecast by Applications
11.10.1 Mountain Bike
11.10.2 Road Bike
11.10.3 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Wired Computer
12.6.2 Wireless Computer
12.6.3 Wireless & GPS Computer
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 Market Size Forecast by Applications
12.10.1 Mountain Bike
12.10.2 Road Bike
12.10.3 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Wired Computer
13.6.2 Wireless Computer
13.6.3 Wireless & GPS Computer
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) Market Size Forecast by Applications
13.10.1 Mountain Bike
13.10.2 Road Bike
13.10.3 Other
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 Stopwatch Market: Competitive Dashboard
14.2 Global Bicycle Stopwatch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Garmin
14.3.2 CatEye
14.3.3 Pioneer Electronics
14.3.4 Sigma Sport
14.3.5 Polar
14.3.6 Bryton Inc
14.3.7 Giant Bicycles
14.3.8 Raleigh (Accell Group)
14.3.9 Trek Bicycle
14.3.10 Wahoo Fitness
14.3.11 Topeak Inc
14.3.12 VDO Cyclecomputers
14.3.13 o-synce
14.3.14 BBB Cycling
14.3.15 Bion
14.3.16 KNOG
