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 more widespread among cyclists. The market is classified based on product type (cycling computers, cycling sensors), application (fitness & commuting, competition & sports), and type of bicycle (mountain bikes, road bikes). By region, 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 in the Asia-Pacific region, awareness of environmental issues supports the market. Major companies include Garmin, CATEYE, SIGMA-ELEKTRO, Polar Electro, and Wahoo Fitness, and it is expected that the demand for affordable, user-friendly cycle computers with GPS functionality will increase in the future.
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