Dublin, Jan. 28, 2024 (GLOBE NEWSWIRE) -- The "Global GPS Bike Computers Market by Product Type (Mapping, Non-Mapping), Application (Athletics & Sports, Fitness & Commuting) - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The global market for GPS Bike Computers is displaying a promising trend, according to a new research publication added to our extensive portfolio of market studies. The report forecasts a solid growth trajectory with a compounded annual growth rate (CAGR) of 5.83%, projecting the market to reach USD 1,402.91 million by 2030 from its current valuation of USD 942.94 million in 2023.
Mapping and Non-Mapping GPS Bike Computers Gain Momentum
Delve into the dynamic advancements in the GPS Bike Computers Market, categorized by product type into Mapping and Non-Mapping devices. The demand for precise navigation and data accuracy in Athletics & Sports and a surge in preference for active Fitness & Commuting lifestyles are instrumental factors elevating the market prospects.
Comprehensive Vendor Analysis with the FPNV Positioning Matrix
The research publication leverages the FPNV Positioning Matrix to offer users an in-depth vendor evaluation, focusing on Business Strategy and Product Satisfaction metrics. This analysis distinguishes vendors into four quadrants: Forefront, Pathfinder, Niche, and Vital, aiding stakeholders in making data-driven decisions.
Market Share Analysis: A Deep Dive
Gain insights into the competitive landscape through the Market Share Analysis section, which delivers a granular look at vendor performance and market dynamics. This detailed review presents an understanding of factors influencing market share, such as vendor revenue and customer engagement during the study base year.
Spotlight on Market Segmentation & Regional Coverage
- Analyzing the market across various segments categorizes the research into Mapping and Non-Mapping devices while dissecting applications into Athletics & Sports and Fitness & Commuting domains.
- Geographical analysis spans key regions, including the Americas, Asia-Pacific, and Europe, Middle East & Africa, emphasizing prominent countries and their contributions to market expansion.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 186 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $995.93 Million |
| Forecasted Market Value (USD) by 2030 | $1402.91 Million |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
Companies Mentioned
- Acer Gadget Inc.
- Bryton Inc.
- CATEYE Co.,Ltd.
- CYCPLUS
- Garmin Ltd.
- Giant Manufacturing Co., Ltd.
- Guangzhou Topshine Electronic Technology Co., Ltd.
- iGPSPort
- K-Edge
- Lezyne USA, Inc.
- MiTAC Digital Technology Corp.
- Omata
- Pioneer Electronics (USA) Inc.
- Planet Bike
- Polar Electro Oy
- Qingdao Magene Intelligence Technology Co., Ltd.
- Robert Bosch GmbH
- Shenzhen Chileaf Electronics Co., Ltd.
- Shenzhen Coospo Tech Co., Ltd.
- SIGMA-ELEKTRO GmbH
- SRAM Corporation
- Stages Cycling LLC
- Trek Bicycle Corporation
- Trimm Co., Ltd.
- Wahoo Fitness LLC
For more information about this report visit https://www.researchandmarkets.com/r/a8r5od
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