Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global GPS Cycling Computer Market by Type (Wireless Connectivity: Wi-Fi, Wireless Connectivity: Bluetooth, Wireless Connectivity: ANT+), By Application (Casual Cyclist, Enthusiast, Competitive Cyclist) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global GPS Cycling Computer Market by Type (Wireless Connectivity: Wi-Fi, Wireless Connectivity: Bluetooth, Wireless Connectivity: ANT+), By Application (Casual Cyclist, Enthusiast, Competitive Cyclist) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 138147 3300 Consumer Goods 377 246 Pages 4.6 (47)

Market Overview:

The global GPS cycling computer market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing adoption of GPS cycling computers by casual cyclists, enthusiasts, and competitive cyclists. Additionally, the growing demand for wireless connectivity options such as Wi-Fi, Bluetooth, and ANT+ is also contributing to the growth of this market. Regionally, North America is expected to lead the global GPS cycling computer market in terms of revenue during the forecast period. This can be attributed to factors such as rising awareness about health and fitness among consumers in this region and increasing adoption of advanced technologies by manufacturers operating in this region.

Global GPS Cycling Computer Industry Outlook

Product Definition:

A GPS cycling computer is a device that cyclists use to track their location and performance while riding. The device records data such as speed, distance, and elevation, which can then be used to analyze performance or upload to social media or training websites.

Wireless Connectivity: Wi-Fi:

The global wireless connectivity: Wi-Fi, it's usage and growth factor in GPS cycling computer market size was valued at USD 6.5 million in 2015. The increasing demand for wearable devices that can provide real-time tracking and other fitness related information is expected to drive the industry growth over the forecast period.

Wireless Connectivity: Bluetooth:

The global wireless connectivity market is expected to witness significant growth over the forecast period. The demand for GPS cycling computers has been on a rise owing to increasing awareness among consumers regarding tracking their fitness and distance covered using various sports apps on smartphones. Bluetooth has become an integral part of electronic devices such as tablets, laptops, and smartphones; which enables them to wirelessly connect with other compatible devices such as heart rate monitor or speedometer watch.

Application Insights:

The casual cyclist application segment held the largest share of over 50.0% in 2017. The growing popularity of cycling as a recreational activity is expected to drive the demand for these devices among casual cyclists. Enthusiasts are also likely to adopt these products in large numbers, however, competitive cyclists are anticipated to remain the dominant group adopting global GPS cycling computers over the forecast period owing to increased requirements while training and racing on a daily basis.

The competitive cyclist segment is expected register significant growth at a CAGR of XX% from 2018 to 2030 due largely on increasing awareness regarding advanced features such as Training Peaks integration with heart rate monitor and power meter along with mapping.

Regional Analysis:

North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This growth can be attributed to increasing popularity of outdoor sports, including cycling, in U.S and Canada as well as growing awareness about health benefits associated with GPS based cycling computers among consumers in these countries. In addition, presence of key players such as Garmin Ltd.

Asia Pacific regional market captured significant share in 2017 owing to increasing popularity of road bicycle racing events on roads across various Asian countries such as China.

Growth Factors:

  • Increasing demand for GPS cycling computers from professional cyclists and hobbyists.
  • Rising popularity of cycling as a mode of transportation and leisure activity.
  • Technological advancements in GPS cycling computer hardware and software that improve accuracy, functionality, and user experience.
  • Growing number of online retailers offering discounted prices on GPS cycling computers compared to brick-and-mortar stores.

Scope Of The Report

Report Attributes

Report Details

Report Title

GPS Cycling Computer Market Research Report

By Type

Wireless Connectivity: Wi-Fi, Wireless Connectivity: Bluetooth, Wireless Connectivity: ANT+

By Application

Casual Cyclist, Enthusiast, Competitive Cyclist

By Companies

Garmin, Timex, Magellan, Lezyne, Cateye Stealth, Pioneer, Polar, Wahoo, Omata, Topeak

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global GPS Cycling Computer Market Report Segments:

The global GPS Cycling Computer market is segmented on the basis of:


Wireless Connectivity: Wi-Fi, Wireless Connectivity: Bluetooth, Wireless Connectivity: ANT+

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.


Casual Cyclist, Enthusiast, Competitive Cyclist

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:

  1. Garmin
  2. Timex
  3. Magellan
  4. Lezyne
  5. Cateye Stealth
  6. Pioneer
  7. Polar
  8. Wahoo
  9. Omata
  10. Topeak

Global GPS Cycling Computer Market Overview

Highlights of The GPS Cycling Computer Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Wireless Connectivity: Wi-Fi
    2. Wireless Connectivity: Bluetooth
    3. Wireless Connectivity: ANT+
  1. By Application:

    1. Casual Cyclist
    2. Enthusiast
    3. Competitive Cyclist
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the GPS Cycling Computer 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

Global GPS Cycling Computer Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

A GPS cycling computer is a small, lightweight device that attaches to your bike and records your ride data. It uses Global Positioning System (GPS) technology to track your location, speed, and altitude while you're riding. This information can be used to help improve your cycling performance and track your progress over time.

Some of the major companies in the gps cycling computer market are Garmin, Timex, Magellan, Lezyne, Cateye Stealth, Pioneer, Polar, Wahoo, Omata, Topeak.

The gps cycling computer market is expected to register a CAGR of 6.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. GPS Cycling Computer Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. GPS Cycling Computer Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. GPS Cycling Computer Market - Supply Chain
   4.5. Global GPS Cycling Computer Market Forecast
      4.5.1. GPS Cycling Computer Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. GPS Cycling Computer Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. GPS Cycling Computer Market Absolute $ Opportunity

5. Global GPS Cycling Computer Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. GPS Cycling Computer Market Size and Volume Forecast by Type
      5.3.1. Wireless Connectivity: Wi-Fi
      5.3.2. Wireless Connectivity: Bluetooth
      5.3.3. Wireless Connectivity: ANT+
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global GPS Cycling Computer Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. GPS Cycling Computer Market Size and Volume Forecast by Application
      6.3.1. Casual Cyclist
      6.3.2. Enthusiast
      6.3.3. Competitive Cyclist
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global GPS Cycling Computer Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. GPS Cycling Computer Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global GPS Cycling Computer Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. GPS Cycling Computer Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global GPS Cycling Computer Demand Share Forecast, 2019-2029

9. North America GPS Cycling Computer Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America GPS Cycling Computer Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America GPS Cycling Computer Market Size and Volume Forecast by Application
      9.4.1. Casual Cyclist
      9.4.2. Enthusiast
      9.4.3. Competitive Cyclist
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America GPS Cycling Computer Market Size and Volume Forecast by Type
      9.7.1. Wireless Connectivity: Wi-Fi
      9.7.2. Wireless Connectivity: Bluetooth
      9.7.3. Wireless Connectivity: ANT+
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America GPS Cycling Computer Demand Share Forecast, 2019-2029

10. Latin America GPS Cycling Computer Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America GPS Cycling Computer Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America GPS Cycling Computer Market Size and Volume Forecast by Application
      10.4.1. Casual Cyclist
      10.4.2. Enthusiast
      10.4.3. Competitive Cyclist
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America GPS Cycling Computer Market Size and Volume Forecast by Type
      10.7.1. Wireless Connectivity: Wi-Fi
      10.7.2. Wireless Connectivity: Bluetooth
      10.7.3. Wireless Connectivity: ANT+
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America GPS Cycling Computer Demand Share Forecast, 2019-2029

11. Europe GPS Cycling Computer Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe GPS Cycling Computer Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe GPS Cycling Computer Market Size and Volume Forecast by Application
      11.4.1. Casual Cyclist
      11.4.2. Enthusiast
      11.4.3. Competitive Cyclist
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe GPS Cycling Computer Market Size and Volume Forecast by Type
      11.7.1. Wireless Connectivity: Wi-Fi
      11.7.2. Wireless Connectivity: Bluetooth
      11.7.3. Wireless Connectivity: NT+
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe GPS Cycling Computer Demand Share, 2019-2029

12. Asia Pacific GPS Cycling Computer Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific GPS Cycling Computer Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific GPS Cycling Computer Market Size and Volume Forecast by Application
      12.4.1. Casual Cyclist
      12.4.2. Enthusiast
      12.4.3. Competitive Cyclist
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific GPS Cycling Computer Market Size and Volume Forecast by Type
      12.7.1. Wireless Connectivity: Wi-Fi
      12.7.2. Wireless Connectivity: Bluetooth
      12.7.3. Wireless Connectivity: ANT+
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific GPS Cycling Computer Demand Share, 2019-2029

13. Middle East & Africa GPS Cycling Computer Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa GPS Cycling Computer Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa GPS Cycling Computer Market Size and Volume Forecast by Application
      13.4.1. Casual Cyclist
      13.4.2. Enthusiast
      13.4.3. Competitive Cyclist
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa GPS Cycling Computer Market Size and Volume Forecast by Type
      13.7.1. Wireless Connectivity: Wi-Fi
      13.7.2. Wireless Connectivity: Bluetooth
      13.7.3. Wireless Connectivity: ANT+
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa GPS Cycling Computer Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global GPS Cycling Computer Market: Market Share Analysis
   14.2. GPS Cycling Computer Distributors and Customers
   14.3. GPS Cycling Computer Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Garmin Overview Financials Developments Strategic Outlook
      14.4.2. Timex Overview Financials Developments Strategic Outlook
      14.4.3. Magellan Overview Financials Developments Strategic Outlook
      14.4.4. Lezyne Overview Financials Developments Strategic Outlook
      14.4.5. Cateye Stealth Overview Financials Developments Strategic Outlook
      14.4.6. Pioneer Overview Financials Developments Strategic Outlook
      14.4.7. Polar Overview Financials Developments Strategic Outlook
      14.4.8. Wahoo Overview Financials Developments Strategic Outlook
      14.4.9. Omata Overview Financials Developments Strategic Outlook
      14.4.10. Topeak Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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