Global Cycle Computer Market Growth 2019-2024 - MarketResearchNest.com

Global Cycle Computer Market Growth 2019-2024

Description :
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...

Publish Date : 12-Feb-2019

No.Of Pages : 159

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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 and 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.
Wired Computer
Wireless Computer
Wireless and GPS Computer
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Mountain Bike
Road Bike
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East and Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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.
Garmin
CatEye
Pioneer Electronics
VDO Cyclecomputers
Sigma Sport
Bryton Inc
Bioninc
Polar
VETTA
Raleigh
BBB Cycling
KNOG
Topeak Inc.
Giant Bicycles
o-synce
Trek Bicycle
Wahoo Fitness

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.

Research objectives
To study and analyze the global Cycle Computer consumption (value and 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.

SECONDARY RESEARCH

Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH

Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING

The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION

The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION

After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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