Market forecasts by product type, application, motorcycle type, and region: Published until 2032.
This is a market analysis report from Market Research Future. The cycle computer market is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2032, with devices for tracking data such as speed, distance, and heart rate becoming increasingly popular among cyclists. The market is categorized by product type (cycling computers, cycling sensors), application (fitness & commuting, competition & sports), and type of bicycle (mountain bikes, road bikes). Regionally, North America holds a 32% market share, driven by a growing health consciousness and environmental awareness. In Europe, the increase in cycling tourism is a key factor for market growth, while awareness of environmental issues supports the market in the Asia-Pacific region. Major companies include Garmin, CATEYE, SIGMA-ELEKTRO, Polar Electro, and Wahoo Fitness, and it is expected that demand for affordable, user-friendly cycle computers with GPS functionality will rise in the future.
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