Bicycle Infotainment System - Global Market Outlook (2017-2023)
According to Stratistics MRC, the Global Bicycle Infotainment System Market is expected to grow at a CAGR of 30.3% during the forecast period. Increasing usage of bicycle in developed economies, changing lifestyle habits & preferences, and recent technological developments in infotain systems are the major factors propelling the market growth. In addition, raising installations of healthcare infotainment systems in bicycles to know about riders wellness and health is the other factor boosting the market growth. On the other hand, higher costs for raw material is hindering the market growth.
By the kits type, on board kits segment dominates the market during forecast period. The segment is likely to witness higher market share owing to technological developments in on board kits & growing adoption of navigation devices. North America is expected to hold the largest share in global bicycle infotainment system market due to using bicycles for commuting purpose while going to work, raising adoption of infotainment systems, and increasing demand from U.S. Asia Pacific is likely to grow at a moderate rate during the forecast period.
Some of the key players in Global Bicycle Infotainment System Market include Beeline, CatEye, COBI, Garmin, Hammerhead, Magellan, Polar, Sena Technologies, Vudu 7, and Wahoo Fitness.
Kits Type Covered: • Wearable kits • On-board kits
Applications Covered: • Road Bike • Mountain Bike • Other Applications
Regions Covered: • North America US Canada Mexico • Europe Germany France Italy UK Spain Rest of Europe • Asia Pacific Japan China India Australia New Zealand Rest of Asia Pacific • Rest of the World Middle East Brazil Argentina South Africa Egypt
What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements