Product Code: ANV3409
REPORT HIGHLIGHT
Bicycle Infotainment Systems Market size was valued at USD 971.09 million in 2023, expanding at a CAGR of 13.20% from 2024 to 2032.
Bicycle infotainment systems are advanced electronic devices designed to enhance the cycling experience by providing riders with essential information and entertainment features. These systems typically include GPS navigation, fitness tracking, music playback, and real-time connectivity options such as Bluetooth and smartphone integration. By offering route guidance, performance metrics, and the ability to stay connected while on the move, bicycle infotainment systems cater to both casual cyclists and serious enthusiasts, making rides more enjoyable and efficient.
Bicycle Infotainment Systems Market- Market Dynamics
Increasing health and fitness demand to boost market demand
The bicycle infotainment systems market is driven by the increasing demand for enhanced cycling experiences and safety features. Cyclists seek advanced navigation, fitness tracking, and connectivity options, which infotainment systems provide. The rise in urban biking and eco-friendly transportation further boosts market growth. Integration with smartphones and wearable devices adds convenience, attracting tech-savvy consumers. Additionally, governments promoting cycling infrastructure and awareness about the benefits of cycling contribute to the adoption of these systems. The emphasis on health and fitness among individuals also propels the demand for bicycle infotainment systems.
Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 13.20% over the forecast period (2024-2032)
Based on type segmentation, wearable kits were predicted to show maximum market share in the year 2023
Based on application segmentation, road bikes were the leading type in 2023
Based on region, North America was the leading revenue generator in 2023
Bicycle Infotainment Systems Market- Segmentation Analysis:
The global bicycle infotainment systems market is segmented based on the type, application, and region. Based on type: wearable kits and on-board kits. Wearable kits, such as smart glasses and fitness trackers, provide real-time data and navigation. On-board kits include integrated displays and GPS systems, offering comprehensive route planning, performance tracking, and connectivity features for an enhanced cycling experience.
The bicycle infotainment systems market is segmented by application into mountain bike, road bike and others. The road bike segment dominates due to the high adoption of advanced technology by road cyclists who prioritize navigation, performance tracking, and connectivity. These systems offer real-time data on speed, distance, and route optimization, making them essential for competitive cyclists and enthusiasts. The increasing popularity of road biking for both recreation and fitness further drives the demand for sophisticated infotainment systems in this segment.
Bicycle Infotainment Systems Market- Geographical Insights
Based on region, the bicycle infotainment systems market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The bicycle infotainment systems market exhibits significant growth across various regions, with North America and Europe leading due to high adoption rates of advanced cycling technologies and robust cycling infrastructure. In Asia-Pacific, rapid urbanization and increasing health awareness contribute to market expansion, particularly in countries like China, India and Japan. Meanwhile, Latin America and the Middle East and Africa are emerging markets, driven by growing cycling sports activities and investments in smart city projects, enhancing the demand for advanced bicycle infotainment systems.
Bicycle Infotainment Systems Market- Competitive Landscape:
The bicycle infotainment systems market is highly competitive, with leading companies like garmin, wahoo fitness, and polar electro dominating. These companies continuously innovate, offering advanced GPS navigation, performance tracking, and connectivity features to meet consumer demands. Emerging players such as Lezyne and Hammerhead are also gaining traction with cost-effective and feature-rich products. Competitive strategies include product differentiation, technological advancements, and strategic partnerships to enhance market presence. The focus on user-friendly interfaces, durability, and integration with other smart devices further intensifies the competition in this rapidly evolving market.
Recent Developments:
In 2022, Garmin's launch of the Edge 1040 Solar, a solar-powered GPS bike computer offering advanced performance metrics and navigation features
In 2021, Wahoo Fitness introduced the ELEMNT BOLT V2, enhancing its aerodynamic design and integrating smart navigation capabilities. Similarly, Bosch unveiled the Nyon onboard computer in 2020, featuring a touch screen and improved connectivity options.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL BICYCLE INFOTAINMENT SYSTEMS MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Garmin Ltd.
Wahoo Fitness
Polar Electro Oy
CatEye Co., Ltd.
Sigma Sport
Giant Manufacturing Co., Ltd.
Hammerhead Navigation
Lezyne USA
Bosch eBike Systems
Shimano Inc.
Others
GLOBAL BICYCLE INFOTAINMENT SYSTEMS MARKET, BY TYPE- MARKET ANALYSIS, 2019 - 2032
- Wearable Kits
- On-Board Kits
GLOBAL BICYCLE INFOTAINMENT SYSTEMS MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
- Mountain Bike
- Road Bike
- Other
GLOBAL BICYCLE INFOTAINMENT SYSTEMS MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA
Table of Contents
1. Bicycle Infotainment Systems Market Overview
- 1.1. Study Scope
- 1.2. Market Estimation Years
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Bicycle Infotainment Systems Market Snippet by Type
- 2.1.2. Bicycle Infotainment Systems Market Snippet by Application
- 2.1.3. Bicycle Infotainment Systems Market Snippet by Country
- 2.1.4. Bicycle Infotainment Systems Market Snippet by Region
- 2.2. Competitive Insights
3. Bicycle Infotainment Systems Key Market Trends
- 3.1. Bicycle Infotainment Systems Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Bicycle Infotainment Systems Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Bicycle Infotainment Systems Market Opportunities
- 3.4. Bicycle Infotainment Systems Market Future Trends
4. Bicycle Infotainment Systems Industry Study
- 4.1. PEST Analysis
- 4.2. Porter's Five Forces Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Bicycle Infotainment Systems Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Bicycle Infotainment Systems Market Landscape
- 6.1. Bicycle Infotainment Systems Market Share Analysis, 2023
- 6.2. Breakdown Data, by Key Manufacturer
- 6.2.1. Established Players' Analysis
- 6.2.2. Emerging Players' Analysis
7. Bicycle Infotainment Systems Market - By Type
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Type, 2023 & 2032 (%)
- 7.1.2. Wearable Kits
- 7.1.3. On-Board Kits
8. Bicycle Infotainment Systems Market - By Application
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Application, 2023 & 2032 (%)
- 8.1.2. Mountain Bike
- 8.1.3. Road Bike
- 8.1.4. Other
9. Bicycle Infotainment Systems Market- By Geography
- 9.1. Introduction
- 9.1.1. Segment Share Analysis, By Geography, 2023 & 2032 (%)
- 9.2. North America
- 9.2.1. Overview
- 9.2.2. Bicycle Infotainment Systems Key Manufacturers in North America
- 9.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 9.2.4. North America Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.2.5. North America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.2.6. U.S.
- 9.2.6.1. Overview
- 9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.2.6.3. U.S. Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.2.6.4. U.S. Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.2.7. Canada
- 9.2.7.1. Overview
- 9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.2.7.3. Canada Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.2.7.4. Canada Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.3. Europe
- 9.3.1. Overview
- 9.3.2. Bicycle Infotainment Systems Key Manufacturers in Europe
- 9.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 9.3.4. Europe Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.3.5. Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.3.6. Germany
- 9.3.6.1. Overview
- 9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.6.3. Germany Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.3.6.4. Germany Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.3.7. Italy
- 9.3.7.1. Overview
- 9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.7.3. Italy Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.3.7.4. Italy Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.3.8. United Kingdom
- 9.3.8.1. Overview
- 9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.8.3. United Kingdom Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.3.8.4. United Kingdom Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.3.9. France
- 9.3.9.1. Overview
- 9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.9.3. France Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.3.9.4. France Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.3.10. Russia
- 9.3.10.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.10.2. Russia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.3.10.3. Russia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.3.11. Netherlands
- 9.3.11.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.11.2. Netherlands Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.3.11.3. Netherlands Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.3.12. Sweden
- 9.3.12.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.12.2. Sweden Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.3.12.3. Sweden Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.3.13. Poland
- 9.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.13.2. Poland Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.3.13.3. Poland Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.3.14. Rest of Europe
- 9.3.14.1. Overview
- 9.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.14.3. Rest of the Europe Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.3.14.4. Rest of the Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.4. Asia Pacific (APAC)
- 9.4.1. Overview
- 9.4.2. Bicycle Infotainment Systems Key Manufacturers in Asia Pacific
- 9.4.3. Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 9.4.4. Asia Pacific Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.4.5. Asia Pacific Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.4.6. India
- 9.4.6.1. Overview
- 9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.6.3. India Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.4.6.4. India Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.4.7. China
- 9.4.7.1. Overview
- 9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.7.3. China Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.4.7.4. China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.4.8. Japan
- 9.4.8.1. Overview
- 9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.8.3. Japan Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.4.8.4. Japan Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.4.9. South Korea
- 9.4.9.1. Overview
- 9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.9.3. South Korea Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.4.9.4. South Korea Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.4.10. Australia
- 9.4.10.1. Overview
- 9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.10.3. Australia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.4.10.4. Australia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.4.11. Thailand
- 9.4.11.1. Overview
- 9.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.11.3. Thailand Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.4.11.4. Thailand Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.4.12. Indonesia
- 9.4.12.1. Overview
- 9.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.12.3. Indonesia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.4.12.4. Indonesia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.4.13. Philippines
- 9.4.13.1. Overview
- 9.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.13.3. Philippines Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.4.13.4. Philippines Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.4.14. Rest of APAC
- 9.4.14.1. Overview
- 9.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.14.3. Rest of APAC Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.4.14.4. Rest of APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.5. Latin America
- 9.5.1. Overview
- 9.5.2. Bicycle Infotainment Systems Key Manufacturers in Latin America
- 9.5.3. Latin America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 9.5.4. Latin America Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.5.5. Latin America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.5.6. Brazil
- 9.5.6.1. Overview
- 9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.5.6.3. Brazil Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.5.6.4. Brazil Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.5.7. Mexico
- 9.5.7.1. Overview
- 9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.5.7.3. Mexico Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.5.7.4. Mexico Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.5.8. Argentina
- 9.5.8.1. Overview
- 9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.5.8.3. Argentina Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.5.8.4. Argentina Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.5.9. Colombia
- 9.5.9.1. Overview
- 9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.5.9.3. Colombia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.5.9.4. Colombia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.5.10. Rest of LATAM
- 9.5.10.1. Overview
- 9.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.5.10.3. Rest of LATAM Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.5.10.4. Rest of LATAM Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.6. Middle East and Africa
- 9.6.1. Overview
- 9.6.2. Bicycle Infotainment Systems Key Manufacturers in Middle East and Africa
- 9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 9.6.4. Middle East and Africa Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.6.5. Middle East and Africa Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.6.6. Saudi Arabia
- 9.6.6.1. Overview
- 9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.6.6.3. Saudi Arabia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.6.6.4. Saudi Arabia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.6.7. United Arab Emirates
- 9.6.7.1. Overview
- 9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.6.7.3. United Arab Emirates Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.6.7.4. United Arab Emirates Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.6.8. Israel
- 9.6.8.1. Overview
- 9.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.6.8.3. Israel Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.6.8.4. Israel Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.6.9. Turkey
- 9.6.9.1. Overview
- 9.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.6.9.3. Turkey Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.6.9.4. Turkey Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.6.10. Algeria
- 9.6.10.1. Overview
- 9.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.6.10.3. Algeria Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.6.10.4. Algeria Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.6.11. Egypt
- 9.6.11.1. Overview
- 9.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.6.11.3. Egypt Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.6.11.4. Egypt Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 9.6.12. Rest of MEA
- 9.6.12.1. Overview
- 9.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.6.12.3. Rest of MEA Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 9.6.12.4. Rest of MEA Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10. Key Vendor Analysis- Bicycle Infotainment Systems Industry
- 10.1. Competitive Dashboard
- 10.2. Company Profiles
- 10.2.1. Garmin Ltd.
- 10.2.2. Wahoo Fitness
- 10.2.3. Polar Electro Oy
- 10.2.4. CatEye Co., Ltd.
- 10.2.5. Sigma Sport
- 10.2.6. Giant Manufacturing Co., Ltd.
- 10.2.7. Hammerhead Navigation
- 10.2.8. Lezyne USA
- 10.2.9. Bosch eBike Systems
- 10.2.10. Shimano Inc.
- 10.2.11. Others
11. 360 Degree Analyst View
12. Appendix
- 12.1. Research Methodology
- 12.2. References
- 12.3. Abbreviations
- 12.4. Disclaimer
- 12.5. Contact Us