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A GPS bike computer is a navigation device that can be mounted on the handlebars of a bicycle. This cycling computer receives satellite signals through GPS and helps users to monitor their rides and track their cycling performance. It also tracks the users progress on the road and helps them create new routes or follow a pre-planned route and view the progress in real time.
One of the prominent trends that is being witnessed in the market is the introduction of GPS bike computers with analog display and digital data collection. The increasing adoption of bicycles for commuting together coupled with the increasing participation in cycling sports and events and growing health consciousness among people across the globe has elevated the need for GPS bike computers. The preference for low cost, easy to use, and uniquely designed GPS bike computers is rising globally. Thus, the players are engaged in manufacturing low cost, featured, easy to use, and unique designed GPS bike computers. This demand is eased by the introduction of trending analog GPS bike computers.
Market Analysis and Insights: Global GPS Bike Computers Market
The global GPS Bike Computers market size is projected to reach US$ 624.3 million by 2027, from US$ 425.2 million in 2020, at a CAGR of 5.2% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global GPS Bike Computers market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global GPS Bike Computers market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global GPS Bike Computers market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global GPS Bike Computers market.
Global GPS Bike Computers Scope and Market Size
GPS Bike Computers market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global GPS Bike Computers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
Mapping
Non-Mapping
Segment by Application
Fitness and Commuting
Athletics and Sports
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Bryton
CATEYE
Garmin
Lezyne
Polar Electro
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