The Global Bicycle Infotainment Market is expected to grow with a CAGR of 15.92% over a forecast period of 2018-2026
Driven by rising health
awareness and growing interest in bicycle
commuting, coupled with the continuous technological upgradation, & innovations in product development are factors which are driving the demand for global bicycle infotainment system market. Over the forecast period of 2018-2026, the
market is slated to exhibit a CAGR of 15.92%.
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MARKET INSIGHTS
The global Bicycle
Infotainment System market can be segmented on the basis of application and
products. The applications of the bicycle infotainment systems market can be
observed for road bikes, mountain bikes and others. The product segment of this
market can be divided into wearable kits and onboard
kits. The emergence of led-based
navigation system for bicycle and growing demand in developing nations are
offering lucrative growth opportunities for
this market. However, the high costs associated with infotainment systems are
hindering the market progression.
REGIONAL INSIGHTS
Regionally, the global
bicycle infotainment market is segmented into North America, Europe,
Asia-Pacific and rest of the world. North America Bicycle Infotainment System market dominated this market in
2017. High disposable income, advancements in bicycle infotainment system
technology and its growing adoption in the region are driving the market demand
in North America. Among all the major 4 markets, the Asia-Pacific bicycleinfotainment market is expected to register the fastest growth. Bicycle commuting is more common in Asia-Pacific
countries like India, China and Japan. Also, these countries seem very
keen to adopt these advance technologies.
COMPETITIVE INSIGHTS
Few of the established
market players in this region include Cateye
Co. Ltd, Beeline Bikes Inc (Acquired
By Accell Group), Cobi Bike Gmbh, Giant Manufacturing Co. Ltd, Garmin, Hammerhead, Lifebeam, Lezyne, Megellan,
Sena Technologies Inc, Polar Electro Inc, Sigma Sport, Vudu7, Smarthalo
Technologies Inc, and Wahoo Fitness L.L.C.
On the basis of geography, global Bicycle Infotainment System market has been segmented into four major regions;
Bicycle Infotainment Systems North America Market: United States & Canada.
Bicycle Infotainment Systems Europe Market: United Kingdom, Germany, France, Spain, & Rest of Europe.
Bicycle Infotainment Systems Asia Pacific Market: China, India, Japan, Australia & Rest of Asia Pacific.

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