Market Overview:
The global bike cameras market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-resolution bike cameras and rising awareness about safety among cyclists. The global bike cameras market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into 4K, 1080P, and others. The 4K segment is expected to grow at a CAGR of 11% during the forecast period from 2018 to 2030 due to its superior image quality as compared to other types of bike cameras available in the market. On the basis of application,the global bike cameramarketis divided into household and commercial applications.
Product Definition:
A bike camera is a small, lightweight digital video camera that attaches to the handlebars of a bicycle for recording footage while riding. Bike cameras are becoming increasingly popular due to their ability to capture exciting footage of cycling trips, as well as providing peace of mind by capturing footage in case of accidents or collisions.
4K:
4K is a new term in the digital imaging market. It's basically a resolution of 4320x2160 pixels, which is four times higher than the HDTV standard and eight times higher than DVD-9 (720p). The high-resolution video recording capability of these cameras makes them ideal for capturing every moment in crystal-clear quality.
1080P:
1080P, also known as super HD or ultra-high-definition is a term used for high definition. The resolution of 1080p refers to the number of lines of vertical detail that can be captured on an electronic video or digital still camera. The higher the number, the more lines there are in a given image and the better quality it will be.
The main advantage associated with this resolution is that it provides excellent clarity and sharpness in both horizontal.
Application Insights:
The commercial segment held the largest share of more than 70.0% in 2017. The growth can be attributed to the increasing adoption of these devices by cafes, restaurants and hotels for security purposes. Moreover, companies are also offering free lifetime updates as part of their product offerings which is further driving the demand for such cameras among businesses.
Household is expected to be the fastest-growing segment over the forecast period owing to rising awareness about bike safety coupled with an increase in spending on home security systems. Companies such as JVCKENWOOD Corporation have introduced a wide range of products under this category, including 4K and HD bikes cams with night vision support that capture video clips and still images respectively when a vehicle approaches from an angle or moves past your house at a distance so that proof remains if any attempt is made to burgle into your house while you are away or after hours when no one else is there at home but family members who live alone or trust nobody other than yourselves etc.
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 population, improving standards of living coupled with rising investments in infrastructure development. China has emerged as a major consumer for 4K cameras due to affordability and availability of advanced products at cheaper prices. The country also accounts for a major share in terms of production owing to low labor costs associated with manufacturing high-quality products within China’s borders.
North America accounted for more than 20% revenue share in 2017 owing to increased demand from U.S.
Europe is anticipatedto witness steady growth over next eight years on account of increasing adoption by consumers along with rising numberof events such as music concerts.
Growth Factors:
- Increasing demand for bike cameras from the cycling community for recording scenic rides and capturing footage of accidents or close calls while riding.
- The increasing popularity of action cameras and the desire to capture extreme sports activities such as mountain biking, BMX, and snowboarding has helped to drive sales of bike cameras.
- The growing trend of using social media platforms such as YouTube, Instagram, and Facebook to share videos has helped fuel demand for bike cameras as a way to capture exciting footage while riding.
- Advances in technology that have led to smaller, lighter, and more durable camera models that can be easily mounted on bikes without adding too much weight or bulkiness have made them more popular among cyclists.
- The increasing affordability of bike cameras has also helped spur their growth in recent years as more people are now able to purchase them at lower prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Bike Cameras Market Research Report
By Type
4K, 1080P, Others
By Application
Household, Commercial
By Companies
Garmin, Gopro, Mio, Polaroid, YI Technology, RevZilla, Drift Innovation, Contour, Coleman, SJCAM, PowerLead, Sound Around, SVP, Cycliq, MOHOC, Sena
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Bike Cameras Market Report Segments:
The global Bike Cameras market is segmented on the basis of:
Types
4K, 1080P, Others
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
Household, Commercial
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
- Gopro
- Mio
- Polaroid
- YI Technology
- RevZilla
- Drift Innovation
- Contour
- Coleman
- SJCAM
- PowerLead
- Sound Around
- SVP
- Cycliq
- MOHOC
- Sena
Highlights of The Bike Cameras 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:
- 4K
- 1080P
- Others
- By Application:
- Household
- Commercial
- 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 Bike Cameras 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.
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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?
Bike cameras are small, discreet devices that attach to a bike's handlebars and record video or still images while the bike is in use. They can be used for a variety of purposes, including documenting your cycling journey and capturing evidence in the event of an accident.
Some of the major players in the bike cameras market are Garmin, Gopro, Mio, Polaroid, YI Technology, RevZilla, Drift Innovation, Contour, Coleman, SJCAM, PowerLead, Sound Around, SVP, Cycliq, MOHOC, Sena.
The bike cameras market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bike Cameras 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 Bike Cameras Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bike Cameras 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 Bike Cameras 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 Bike Cameras Market Size & Forecast, 2020-2028 4.5.1 Bike Cameras Market Size and Y-o-Y Growth 4.5.2 Bike Cameras 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 4K
5.2.2 1080P
5.2.3 Others
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 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bike Cameras 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 Bike Cameras 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 4K
9.6.2 1080P
9.6.3 Others
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 Household
9.10.2 Commercial
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 4K
10.6.2 1080P
10.6.3 Others
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 Household
10.10.2 Commercial
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 4K
11.6.2 1080P
11.6.3 Others
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 Household
11.10.2 Commercial
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 4K
12.6.2 1080P
12.6.3 Others
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 Household
12.10.2 Commercial
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 4K
13.6.2 1080P
13.6.3 Others
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 Household
13.10.2 Commercial
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 Bike Cameras Market: Competitive Dashboard
14.2 Global Bike Cameras Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Garmin
14.3.2 Gopro
14.3.3 Mio
14.3.4 Polaroid
14.3.5 YI Technology
14.3.6 RevZilla
14.3.7 Drift Innovation
14.3.8 Contour
14.3.9 Coleman
14.3.10 SJCAM
14.3.11 PowerLead
14.3.12 Sound Around
14.3.13 SVP
14.3.14 Cycliq
14.3.15 MOHOC
14.3.16 Sena