Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. The GPS bike computers market 2021-2025 is expected to have negative and inferior growth due to COVID-19 impact.
Frequently Asked Questions-
- Based on segmentation by product, which is the leading segment in the market?
The non-mapping segment is expected to be the leading segment based on product in the global market during the forecast period.
- What are the key market drivers and challenges?
Growing adoption of smart cycling products is one of the major factors driving the market. However, the growing adoption of GPS-enabled smartwatches for cycling may restrain the market growth.
- How big is the North American market?
North America will contribute 32% of market growth.
- What is the year-over-year growth rate of the market in 2021?
In 2021, the year-over-year growth rate of the market is 2.83%.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. In a bid to help players strengthen their market foothold, this GPS bike computers market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. Acer Inc., Bryton Inc., CATEYE Co. Ltd., Garmin Ltd., Giant Manufacturing Co. Ltd., Lezyne, MiTAC Holdings Corp., Pioneer Corp., Polar Electro Oy, and Wahoo Fitness LLC are some of the major market participants.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct and indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
GPS Bike Computers Market 2021-2025: Segmentation
GPS Bike Computers Market is segmented as below:
- Product
- Geography
- North America
- Europe
- APAC
- MEA
- South America
- Application
- Fitness and Commuting
- Athletics and Sports
GPS Bike Computers Market 2020-2024: Scope
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The GPS bike computers market report covers the following areas:
- GPS Bike Computers Market Size
- GPS Bike Computers Market Trends
- GPS Bike Computers Market Analysis
This study identifies the introduction of GPS bike computers with analog display and digital data collection as one of the prime reasons driving the GPS bike computers market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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GPS Bike Computers Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist GPS bike computers market growth during the next five years
- Estimation of the GPS bike computers market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the GPS bike computers market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of GPS bike computers market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Non-mapping - Market size and forecast 2020 - 2025
- Mapping - Market size and forecast 2020 - 2025
- Market opportunity by Product
Market Segmentation by Application
- Market segments
- Comparison by Application
- Fitness and commuting - Market size and forecast 2020 - 2025
- Athletics and sports - Market size and forecast 2020 - 2025
- Market opportunity by Application
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020 - 2025
- Europe - Market size and forecast 2020 - 2025
- APAC - Market size and forecast 2020 - 2025
- MEA - Market size and forecast 2020 - 2025
- South America - Market size and forecast 2020 - 2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Acer Inc.
- Bryton Inc.
- CATEYE Co. Ltd.
- Garmin Ltd.
- Giant Manufacturing Co. Ltd.
- Lezyne
- MiTAC Holdings Corp.
- Pioneer Corp.
- Polar Electro Oy
- Wahoo Fitness LLC
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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