Global Bicycle Infotainment System market is anticipated to grow with 15.92% CAGR over the forecast period of 2018-2026. The base year considered for the market study is 2017 and the forecasted period is between 2018 and 2026. Some of the factors that are driving the market growth are:

GLOBAL BICYCLE INFOTAINMENT SYSTEMS MARKET FORECAST 2018-2026

Global Bicycle Infotainment Systems Market by Product (on Board Kits, Wearable Kits) by Application (Mountain Bikes, Road Bikes & Other Applications) by Geography

Request free sample

Global Bicycle Infotainment System market is anticipated to grow with 15.92% CAGR over the forecast period of 2018-2026. The base year considered for the market study is 2017 and the forecasted period is between 2018 and 2026. Some of the factors that are driving the market growth are:

  • Rising health awareness
  • Increased bicycle commuting populace across the world
  • Continuous technological upgradation, & innovations in product development
  • Increasing focus on developing new advanced bicycle navigation systems
  • Growing interest in low-cost bicycle infotainment systems
  • Rising trend of bicycle ownership

Bicycle Infotainment Systems Market

To learn more about this report, request a free sample copy

The global bicycle infotainment system market has been primarily driven by, rising health awareness & increased bicycle commuting populace across the world.  Riding bicycle offers various benefits including increased cardiovascular fitness, decreased body fat levels and others. In 2017, as per a report of World Health Organization, XX million deaths were caused by cardiovascular diseases every year, accounting XX% of the total deaths. According to World Bank, the total number of bicycles estimated globally was XX billion in 2015, and this is expected to reach XX billion by 2050. Furthermore, development of LED-based bicycle navigation systems is one of the latest trends that is expected to strengthen the overall demand of bicycle infotainment system market during the forecast period.

On-board kits lead the product segment in terms of revenue in global bicycle infotainment systems market with an XX% market share in 2017. The large number of commercially available on-boards infotainment kits coupled with increased demand for robust, weather resistance infotainment system act as a primary driver for the growth of the on-board bicycle infotainment systems. For instance, Fitness electronics maker, Wahoo Fitness,  had made an on- board kit which comprises of sensors that can transmit cycling data to the phone and can be extended with GPS-enabled computers.  Moreover, wearable kits segment is anticipated to be the fastest growing segment, exhibiting a CAGR of XX% during the forecast period. Wearable kits serve the objective of obtaining both real-time and post-ride analysis from cyclists in order to alter the motion of pedals with the aim of improving the performance of a cyclist. The technological advancement in the field of wearable technology is anticipated to drive the market for wearable kits over the forecast period. Furthermore, in 2017, the new startup company Magnes Sports, launched a cyclic device that can measure the power generated by the cyclist. Hence, technological advancements are also expected to drive the wearable kits market

Though the Bicycle Infotainment System market has numerous growth drivers, market growth is curtailed by certain challenges. High costs associated with infotainment systems &the fact that Bicycle infotainment system is considered by many to be a major source of distraction are some of the factors that are delaying the market growth. Another major challenge in the market is the availability of alternatives such as smartphones equipped with GPS technology.

The global Bicycle Infotainment System market has been segmented on the basis of product type and applications:

Market by Product:

  • Onboard Kits
  • Wearable Kits

Market by Application:

  • Mountain Bikes
  • Road Bikes
  • Other Applications

The report scope is widely characterized based on product type that includes wearable kits and onboard kits. The total market revenue is restricted to the revenues generated from the net sales of these systems and does not include revenues generated from the deployment of these systems

On the basis of geography, global Bicycle Infotainment System market has been segmented into four major regions;

Geographically, North America leads the global bicycle infotainment system market by capturing largest market share in terms of revenue of XX% in 2017. The bicycle infotainment system market in North America is primarily driven by the increasing disposable income, technological advancement in bicycle infotainment system and increasing adoption of the infotainment system. Demographic shift of consumers towards environmentally-friendly transportation, well-developed biking infrastructure, supportive government policies for the adoption of bicycles backed up by high disposable per capita income of countries such as US and Canada are contributing to the market growth. As per the US Department of Transportation (Federal Highway Administration), in 2015, the Department of Transportation issued a policy named Bicycle and Pedestrian Policy. Moreover, on August 2017, Wahoo Fitness, an American fitness technology company introduced “ELEMENT MINI” cycling computer, a standalone wireless bike computer that syncs with the ELEMENT companion app. The Asia Pacific is anticipated to be the fastest growing regional market with a CAGR of XX% during the forecast period. Asia Pacific bicycle infotainment system market is primarily driven by a high number of bicycle owners. According to Pew Research Center, the trend of bicycle ownership is more common in India and China. As per the report, XX% of Japan’s population, XX% of Thailand’s and XX% of China’ population owned a bicycle in 2015. Further, as per Inkwood Research analysis, the trend of bicycle ownership has increased over the years (2015-2017), and this drives the Asia Pacific bicycle infotainment systems market.

Global bicycle infotainment system market has been segmented on the basis of product and application. The product segment is further sub-segmented into onboard kits and wearable kits. The bicycle infotainment market by applications is segmented into mountain bike, on-road bike and others.

The major companies operating in the global Bicycle Infotainment System market are:

  • Beeline Bikes, Inc.
  • Wahoo fitness L.L.C
  • Garmin
  • CatEye Co. Ltd.
  • Hammerhead
  • Other Companies

Company profiles of the prominent market players are discussed in detail. Most of the companies are looking for strategies such as merger & acquisition, partnership, contracts, agreements, new product launch, in order to gain a competitive edge over other companies. For instance, In March 2018, Accell group has acquired Beeline Bikes, a mobile bike service company based on a franchise concept. In August 2017, Wahoo Fitness, an American based fitness technology company has introduced ELEMENT MINI cycling computer, a standalone wireless bike computer that syncs with the ELEMENT companion app. This ELEMENT MINI cycling computer provides the rider with a full suite of ride data, including cadence, heart rate, call/text notifications and a live tracking capability

Key findings of the global Bicycle Infotainment System market:

  • North America holds the largest market share of the global Bicycle Infotainment System market.
  • The LED-based navigation system for bicycles is offering growth opportunity for the bicycle infotainment market.
  • The trend of bicycle ownership is expected to increase over the forecast period, as people are becoming more conscious about their health and fitness. This creates a huge opportunity for the deployment of infotainment systems in the existing bicycles.
  • Road bikes dominated the application segment of global bicycle infotainment system market by capturing the largest market share of over XX% in 2017.
  • China & Japan to lead the Asia Pacific market to be a dynamically evolving regional market
  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • NORTH AMERICA LEADS THE GLOBAL MARKET BY CAPTURING THE LARGEST MARKET SHARE
      • CHINA & JAPAN TO LEAD THE ASIA PACIFIC TO BE A DYNAMICALLY EVOLVING REGIONAL MARKET
      • ROAD BIKES ACCOUNTED FOR MAJOR CHUNK OF MARKET BY APPLICATION SEGMENT
      • RISING TREND OF BICYCLE OWNERSHIP
      • ON-BOARD INFOTAINMENT SYSTEM MARKET DOMINATES THE PRODUCT SEGMENT
      • WEARABLE KITS MARKET IS ANTICIPATED TO BE THE FASTEST EVOLVING SEGMENT
  1. MARKET DYNAMICS
    • PARENT MARKET ANALYSIS: IN-VEHICLE INFOTAINMENT SYSTEM MARKET
    • ETYMOLOGY OF BICYCLE INFOTAINMENT SYSTEM MARKET
    • MARKET DEFINITION & SCOPE
    • MARKET DRIVERS
      • RISING HEALTH AWARENESS
      • INCREASED BICYCLE COMMUTING POPULACE ACROSS THE WORLD
      • CONTINUOUS TECHNOLOGICAL UPGRADATION, & INNOVATIONS IN PRODUCT DEVELOPMENT
      • INCREASING FOCUS ON DEVELOPING NEW ADVANCED BICYCLE NAVIGATION SYSTEMS
      • GROWING INTEREST IN LOW-COST BICYCLE INFOTAINMENT SYSTEMS
    • MARKET RESTRAINTS
      • HIGH COSTS ASSOCIATED WITH INFOTAINMENT SYSTEMS
      • BICYCLE INFOTAINMENT SYSTEM – MAJOR SOURCE OF DISTRACTION
    • MARKET OPPORTUNITIES
      • EMERGENCE OF LED-BASED NAVIGATION SYSTEM FOR BICYCLE
      • DEVELOPED NATIONS TO OFFER LUCRATIVE GROWTH OPPORTUNITY
    • MARKET CHALLENGES
      • AVAILABILITY OF ALTERNATIVES SUCH AS SMARTPHONES EQUIPPED WITH GPS TECHNOLOGY
  1. MARKET BY PRODUCT
    • ON BOARD KITS
    • WEARABLE KITS
  2. MARKET BY APPLICATION
    • MOUNTAIN BIKES
    • ROAD BIKES
    • OTHER APPLICATIONS
  3. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
      • RAW MATERIAL SUPPLIERS
      • MANUFACTURERS
      • DISTRIBUTORS
      • END-USERS
    • KEY BUYING CRITERIA
      • COST
      • APPLICATION
      • DURABILITY
      • TECHNOLOGY
    • LEGAL, POLICY & REGULATORY FRAMEWORK
    • INVESTMENT ANALYSIS
      • BY REGION
      • BY PRODUCT
      • BY APPLICATION
  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • GERMANY
      • UNITED KINGDOM
      • FRANCE
      • SPAIN
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST AND AFRICA
  1. COMPETITIVE LANDSCAPE
    • MARKET SHARE ANALYSIS
    • KEY COMPANY ANALYSIS
      • BEELINE BIKES, INC.
      • WAHOO FITNESS L.L.C
      • GARMIN
      • CATEYE CO. LTD.
      • HAMMERHEAD
    • CORPORATE STRATEGIES
      • PRODUCT LAUNCH
      • PARTNERSHIP & COLLABORATION
    • COMPANY PROFILES
      • BEELINE BIKES, INC (ACQUIRED BY ACCELL GROUP)
      • CATEYE CO. LTD
      • COBI BIKE GMBH
      • GARMIN
      • GIANT MANUFACTURING CO. LTD
      • HAMMERHEAD
      • LEZYNE
      • LIFEBEAM
      • MEGELLAN
      • POLAR ELECTRO INC.
      • SENA TECHNOLOGIES, INC.
      • SIGMA SPORT
      • SMARTHALO TECHNOLOGIES INC.
      • VUDU7
      • WAHOO FITNESS L.L.C

 

LIST OF TABLES

TABLE 1: GLOBAL BICYCLE INFOTAINMENT SYSTEM MARKET, BY GEOGRAPHY, 2018-2026 (IN $ MILLION)

TABLE 2: COST ANALYSIS OF TYPICAL INFOTAINMENT SYSTEM

TABLE 3: GLOBAL BICYCLE INFOTAINMENT SYSTEM MARKET, BY PRODUCT, 2018-2026, (IN $ MILLION)

TABLE 4: GLOBAL ON BOARD KITS MARKET, BY REGION, 2018-2026 (IN $ MILLION)

TABLE 5: GLOBAL WEARABLE KITS MARKET, BY REGION, 2018-2026 (IN $ MILLION)

TABLE 6: GLOBAL BICYCLE INFOTAINMENT SYSTEM MARKET, BY APPLICATION, 2018-2026, (IN $ MILLION)

TABLE 7: GLOBAL MOUNTAIN BIKES MARKET, BY REGION, 2018-2026 (IN $ MILLION)

TABLE 8: GLOBAL ROAD BIKES MARKET, BY REGION, 2018-2026 (IN $ MILLION)

TABLE 9: GLOBAL OTHER APPLICATIONS MARKET, BY REGION, 2018-2026 (IN $ MILLION)

TABLE 10: OPPORTUNITY MATRIX FOR BICYCLE INFOTAINMENT SYSTEM MARKET

TABLE 11: VENDOR LANDSCAPE OF BICYCLE INFOTAINMENT SYSTEM MARKET

TABLE 12: LEGAL, POLICY & REGULATORY FRAMEWORK

TABLE 13: GLOBAL BICYCLE INFOTAINMENT SYSTEM MARKET, BY GEOGRAPHY, 2018-2026, (IN $ MILLION)

TABLE 14: NORTH AMERICA BICYCLE INFOTAINMENT SYSTEM MARKET, BY COUNTRY, 2018-2026 (IN $ MILLION)

TABLE 15: EUROPE BICYCLE INFOTAINMENT SYSTEM MARKET, BY COUNTRY, 2018-2026 (IN $ MILLION)

TABLE 16: ASIA PACIFIC BICYCLE INFOTAINMENT SYSTEM MARKET, BY COUNTRY, 2018-2026 (IN $ MILLION)

TABLE 17: REST OF WORLD BICYCLE INFOTAINMENT SYSTEM MARKET, BY REGION, 2018-2026 (IN $ MILLION)

TABLE 18: LIST OF PRODUCT LAUNCH

TABLE 19: LIST OF PARTNERSHIP & COLLABORATION

LIST OF FIGURES

FIGURE 1: GLOBAL BICYCLE INFOTAINMENT SYSTEM MARKET, BY PRODUCT TYPE, 2018-2026 (IN $ MILLION

FIGURE 2: NORTH AMERICA BICYCLE INFOTAINMENT SYSTEMS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 3: REVENUE ESTIMATES OF CHINA & JAPAN BICYCLE INFOTAINMENT SYSTEMS MARKET, 2018-2026 (IN $ MILLION)

FIGURE 4: PERCENTAGE OF HOUSEHOLDS OWNING A BICYCLE IN SELECTED COUNTRIES IN 2014, BY COUNTRY

FIGURE 5: MAJOR CITIES WITH SIGNIFICANT BICYCLE COMMUTING RATES IN UNITED STATES IN 2015 (%)

FIGURE 6: GLOBAL BICYCLE INFOTAINMENT SYSTEM MARKET, BY ON BOARD KITS, 2018-2026 (IN $ MILLION)

FIGURE 7: GLOBAL BICYCLE INFOTAINMENT SYSTEM MARKET, BY WEARABLE KITS, 2018-2026 (IN $ MILLION)

FIGURE 8: GLOBAL BICYCLE INFOTAINMENT SYSTEM MARKET, BY MOUNTAIN BIKES, 2018-2026 (IN $ MILLION)

FIGURE 9: GLOBAL BICYCLE INFOTAINMENT SYSTEM MARKET, BY ROAD BIKES, 2018-2026 (IN $ MILLION)

FIGURE 10: GLOBAL BICYCLE INFOTAINMENT SYSTEM MARKET, BY OTHER APPLICATIONS, 2018-2026 (IN $ MILLION)

FIGURE 11: PORTER’S FIVE FORCE MODEL OF BICYCLE INFOTAINMENT SYSTEM MARKET

FIGURE 12: VALUE CHAIN OF BICYCLE INFOTAINMENT SYSTEM MARKET

FIGURE 13: KEY BUYING IMPACT ANALYSIS

FIGURE 14: INVESTMENT ANALYSIS OF BICYCLE INFOTAINMENT SYSTEM MARKET IN 2017, BY REGION

FIGURE 15: INVESTMENT ANALYSIS OF BICYCLE INFOTAINMENT SYSTEM MARKET IN 2017, BY PRODUCT

FIGURE 16: INVESTMENT ANALYSIS OF BICYCLE INFOTAINMENT SYSTEM MARKET IN 2017, BY APPLICATION

FIGURE 17: GLOBAL BICYCLE INFOTAINMENT SYSTEM MARKET, REGIONAL OUTLOOK, 2017 & 2026 (IN %)

FIGURE 18: UNITED STATES BICYCLE INFOTAINMENT SYSTEM MARKET, 2018-2026 (IN $ MILLION

FIGURE 19: CANADA BICYCLE INFOTAINMENT SYSTEM MARKET, 2018-2026 (IN $ MILLION)

FIGURE 20: GERMANY BICYCLE INFOTAINMENT SYSTEM MARKET, 2018-2026 (IN $ MILLION)

FIGURE 21: UNITED KINGDOM BICYCLE INFOTAINMENT SYSTEM MARKET, 2018-2026 (IN $ MILLION)

FIGURE 22: FRANCE BICYCLE INFOTAINMENT SYSTEM MARKET, 2018-2026 (IN $ MILLION)

FIGURE 23: SPAIN BICYCLE INFOTAINMENT SYSTEM MARKET, 2018-2026 (IN $ MILLION)

FIGURE 24: REST OF EUROPE BICYCLE INFOTAINMENT SYSTEM MARKET, 2018-2026 (IN $ MILLION)

FIGURE 25: CHINA BICYCLE INFOTAINMENT SYSTEM MARKET, 2018-2026 (IN $ MILLION)

FIGURE 26: JAPAN BICYCLE INFOTAINMENT SYSTEM MARKET, 2018-2026 (IN $ MILLION)

FIGURE 27: INDIA BICYCLE INFOTAINMENT SYSTEM MARKET, 2018-2026 (IN $ MILLION)

FIGURE 28: SOUTH KOREA BICYCLE INFOTAINMENT SYSTEM MARKET, 2018-2026 (IN $ MILLION)

FIGURE 29: REST OF ASIA PACIFIC BICYCLE INFOTAINMENT SYSTEM MARKET, 2018-2026 (IN $ MILLION)

FIGURE 30: LATIN AMERICA BICYCLE INFOTAINMENT SYSTEM MARKET, 2018-2026 (IN $ MILLION)

FIGURE 31: MIDDLE EAST AND AFRICA BICYCLE INFOTAINMENT SYSTEM MARKET, BY COUNTRY, 2018-2026 (IN $ MILLION)

FIGURE 32: MARKET SHARE ANALYSIS OF KEY PLAYERS IN 2017 (%)

  1. MARKET BY PRODUCT
    • ON BOARD KITS
    • WEARABLE KITS
  2. MARKET BY APPLICATION
    • MOUNTAIN BIKES
    • ROAD BIKES
    • OTHER APPLICATIONS
  3. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • GERMANY
      • UNITED KINGDOM
      • FRANCE
      • SPAIN
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST AND AFRICA

To request a free sample copy of this report, please complete the form below :

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

    Choose License Type