Global Cycle Computer Market Growth 2019-2024
Cycle Computer is a device mounted on a bicycle that calculates and displays trip information, similar to the instruments in the dashboard of a car. The computer with display, or head unit, usually is attached to the handlebar for easy viewing.
The global average price of Cycle Computer is in the decreasing trend, from 16 USD/Unit in 2011 to 14 USD/Unit in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years. For different types, the price fluctuated greatly.
The classification of Cycle Computer includes Wired Computer, Wireless Computer and Wireless & GPS Computer. The proportion of Wired Computer in 2015 is about 44%, and the proportion is in decreasing trend from 2011 to 2015.
Cycle Computer is widely used in Mountain Bike, Road Bike and other field. The most proportion of Cycle Computer is Mountain Bike, and the revenue in 2015 is about 210 M USD. The trend of Cycle Computer for Mountain Bike is increasing.
China is the largest supplier of Cycle Computer, with a production market share nearly 30% in 2015. Europe is the second largest supplier of Cycle Computer, enjoying production market share nearly 27% in 2015.
Europe region is the largest consumption place, with a consumption market share nearly 38% in 2015. Following Europe, USA and China are the main consumption places with the consumption market share of 27%.
The main players are Garmin, CatEye, Pioneer Electronics, VDO Cyclecomputers, etc. They are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
According to this study, over the next five years the Cycle Computer market will register a 6.5% CAGR in terms of revenue, the global market size will reach US$ 320 million by 2024, from US$ 220 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Cycle Computer business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Cycle Computer market by product type, application, key manufacturers and key regions and countries.
This study considers the Cycle Computer value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Wireless & GPS Computer
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Cycle Computer consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Cycle Computer market by identifying its various subsegments.
Focuses on the key global Cycle Computer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cycle Computer with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Cycle Computer submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.