Market Overview:
The global wired cycle computers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart cycle computers and the growing popularity of mountain biking and road biking. Wired cycle computers are used to track various parameters such as speed, distance, time, and calories burned while cycling. These devices are available in both analog and smart formats. The analog format is less expensive than the smart format; however, it does not offer many features such as GPS tracking or route mapping. The global wired cycle computer market has been segmented on the basis of type (analog vs Smart), application (mountain bike vs road bike), and region (North America vs Latin America vs Europe vs Asia Pacific & MEA).
Product Definition:
A wired cycle computer is a device that attaches to a bike and records the cyclist's speed, distance travelled and time. They are often used by cyclists for training or racing purposes. Wired cycle computers are important because they allow cyclists to track their progress and performance over time.
Analog:
Analog is a continuously varying quantity. It has no fixed points and hence it cannot be defined or measured in terms of a limited number of values. Analog signals are generated by all electronic devices including computers, televisions, telephones etc. The term analog is used for two types of systems; continuous and discrete.
Smart:
Smart is a wireless communication device integrated into the handlebar or fork of a bicycle. It allows the rider to access data pertaining to speed, distance traveled, calories burned and other useful information while riding. The system also monitors heart rate and breathing which helps in maintaining health and fitness.
Application Insights:
The mountain bike segment accounted for the largest revenue share in 2017 and is projected to expand at a steady CAGR over the forecast period. The increasing number of outdoor activities, such as hiking and biking, has led to an increased demand for cycle computers among consumers. Furthermore, technological advancements in cycle computers have also boosted their sales significantly. For instance, Cycleops company introduced a cycling app-based feature that enables cyclists to plan and manage their training with ease from anywhere in the world by syncing with Cycleops¢â‚¬â„¢ WCC devices. Such technological advancements are expected to drive the global wired cycle computer market further over the coming years.
Road bike segment is anticipated register significant growth rate during the forecast period owing to rising popularity of road biking as an exercise routine across various regions including North America.
Regional Analysis:
Europe dominated the global market in 2017 owing to increasing use of bicycles for transportation. Countries such as Netherlands, Denmark, and Belgium are some of the largest markets for these products. Asia Pacific is expected to be the fastest-growing regional market from 2018 to 2030 due to increasing awareness about health benefits associated with cycling and rising disposable income levels in developing countries such as China and India. Moreover, government initiatives encouraging people towards a healthy lifestyle will drive growth further.
North America is also anticipated to witness significant growth over the forecast period owing high usage rates of wired cycle computers across U.S.
Growth Factors:
- Increasing demand for technologically advanced bicycles
- Rising popularity of cycling as a mode of transportation and exercise
- Growing number of cycling enthusiasts and amateur riders
- Proliferation of e-commerce platforms that offer discounts on bicycle accessories and components
- Government initiatives to promote cycling as a means of reducing traffic congestion and pollution
Scope Of The Report
Report Attributes
Report Details
Report Title
Wired Cycle Computers Market Research Report
By Type
Analog, Smart
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, Garmin, 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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Wired Cycle Computers Market Report Segments:
The global Wired Cycle Computers market is segmented on the basis of:
Types
Analog, Smart
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
- Garmin
- VDO Cyclecomputers
- o-synce
- BBB Cycling
- Bion
- KNOG
Highlights of The Wired Cycle Computers 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:
- Analog
- Smart
- 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 Wired Cycle Computers 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?
Wired Cycle Computers are a type of computer that is designed to be used while cycling. They typically have a built-in display and sensors that allow the user to track their progress and performance.
Some of the major companies in the wired cycle computers market are Garmin, CatEye, Pioneer Electronics, Sigma Sport, Polar, Bryton Inc, Giant Bicycles, Raleigh (Accell Group), Trek Bicycle, Wahoo Fitness, Garmin, VDO Cyclecomputers, o-synce, BBB Cycling, Bion, KNOG.
The wired cycle computers 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 Wired Cycle Computers 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 Wired Cycle Computers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wired Cycle Computers 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 Wired Cycle Computers 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 Wired Cycle Computers Market Size & Forecast, 2018-2028
4.5.1 Wired Cycle Computers Market Size and Y-o-Y Growth
4.5.2 Wired Cycle Computers Market Absolute $ Opportunity
Chapter 5 Global Wired Cycle Computers 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 Wired Cycle Computers Market Size Forecast by Type
5.2.1 Analog
5.2.2 Smart
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wired Cycle Computers 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 Wired Cycle Computers 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 Wired Cycle Computers 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 Wired Cycle Computers 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 Wired Cycle Computers Analysis and Forecast
9.1 Introduction
9.2 North America Wired Cycle Computers 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 Wired Cycle Computers Market Size Forecast by Type
9.6.1 Analog
9.6.2 Smart
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 Wired Cycle Computers 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 Wired Cycle Computers Analysis and Forecast
10.1 Introduction
10.2 Europe Wired Cycle Computers 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 Wired Cycle Computers Market Size Forecast by Type
10.6.1 Analog
10.6.2 Smart
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 Wired Cycle Computers 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 Wired Cycle Computers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wired Cycle Computers 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 Wired Cycle Computers Market Size Forecast by Type
11.6.1 Analog
11.6.2 Smart
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 Wired Cycle Computers 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 Wired Cycle Computers Analysis and Forecast
12.1 Introduction
12.2 Latin America Wired Cycle Computers 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 Wired Cycle Computers Market Size Forecast by Type
12.6.1 Analog
12.6.2 Smart
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 Wired Cycle Computers 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) Wired Cycle Computers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wired Cycle Computers 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) Wired Cycle Computers Market Size Forecast by Type
13.6.1 Analog
13.6.2 Smart
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) Wired Cycle Computers 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 Wired Cycle Computers Market: Competitive Dashboard
14.2 Global Wired Cycle Computers 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 Garmin
14.3.12 VDO Cyclecomputers
14.3.13 o-synce
14.3.14 BBB Cycling
14.3.15 Bion
14.3.16 KNOG
