What is Cyclocomputer Market?
A Cyclocomputer is a device that is installed on a bicycle and displays and calculates trip data. It's comparable to the speedometer/odometer seen on a car's dashboard. The gadget is positioned on the handlebar so that the rider can see it readily. The simplest models display common information such as speed, distance traveled, and time, but the sophisticated models may track complicated data such as calories burnt, energy level, water percentage, heart rate, and navigation. Cycle riders have typically utilized cyclocomputer devices to track their speed, maps, and other information that does not come with the bike.
The market study is being classified by Type (Wired Computer and Wireless Computer), by Application (Fitness & Commuting, Athletics & Sports and Others) and major geographies with country level break-up.
Garmin (Switzerland), CatEye (Japan), Pioneer Electronics (Japan), Sigma Sport (Germany), Polar (Finland), Bryton Inc (United States), Giant Bicycles (Taiwan), Hammerhead Navigation (United States), Raleigh (United Kingdom), Trek Bicycle (United States), Wahoo Fitness (United States), Topeak Inc (Taiwan), VDO Cyclecomputers (Germany) and O-synce (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are BBB Cycling (Netherlands), Bion (United States) and KNOG (Australia).
The market is fiercely comparative due to the purchase of smaller businesses by larger corporations, the market has become more concentrated. Leading firms are also concentrating on mergers and acquisitions, as well as forming partnerships and collaborations, in order to grow their operations in new areas. To demonstrate their industry competence, these market players have used a variety of methods such as partnership, expansion, cooperation, joint ventures, and others. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Cyclocomputer market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Cyclocomputer market by Type, Application and Region.
On the basis of geography, the market of Cyclocomputer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Enthusiasm of Health-Consciousness Among Individuals
- Enhancement of Various Details Such as Energy Level, Water Percentage, Calory Burn, Heartrate, and Other
- Technological Advancement of GPS Navigation with Maps for a Better Commute
- Substitute Product Available in Market can Constrain the Cyclocomputer Market
- Growing Number of Cycle Users Will Boost the Cyclocomputer Market
- Availability of Long-Lasting Battery Backup Around 15 Hours will Enhance the Growth of Cyclocomputer Market
- Sometimes Lag Found in the Display, especially for the Cadence Function Can Limit the Growth of Cyclocomputer Market
Market Leaders and some development strategies
On 06 April 2021, ZyroFisher announce a partnership with Bryton Sport aim to distribute GPS Cycle Computers in the UK & Ireland. The partnership will help Bryton with the aid of ZyroFisher to bring a comprehensive line of GPS riding computers to the market. Along with its newest entry-level model, the Rider 15 Neo, Bryton will also release the Rider 320 and 420 for mid-range smartphones, as well as the Rider 750 for high-end devices. The Rider 750 has a vibrant color touchscreen interface, online navigation on OSM maps with sophisticated voice search, smart trainer support, rear-view radar and electronic gear changing system compatibility, and ANT+ LEV e-bike support, among other features.
On 25 May 2021, Wahoo Fitness announces the release of a new Element Bolt bike computer that includes new features such as a color display and better navigation. The updated Bolt has a new 64-color, high-contrast 2.2-inch screen with an ambient light sensor that automatically changes the brightness. Smart Navigation, automated rerouting, destination switching, and the option to return to the start or retrace a journey are among the new mapping capabilities.
Key Target AudienceCyclocomputer Manufactures, Cyclocomputer Distributors and Suppliers, International Traders, Research and Development Institutes, Upstream and Downstream Buyer, Financial Institutes and Investors, Regulatory Bodies and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Cyclocomputer Market?
"Growing Enthusiasm of Health-Consciousness Among Individuals
" is seen as one of major growth factors of Cyclocomputer Market in years to come.
2. Can we have customized study for Cyclocomputer Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Cyclocomputer Market?
will lead the Cyclocomputer Market.