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Bike Computer Market, By Computer, By Technology, By Sensor, By Bike, By Application and By Distribution Channel Growth Forecast 2025 – 2034

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Bike Computer Market Size

The global cycle/bike computer market was valued at USD 701.3 million in 2024 and is estimated to register a CAGR of 6.2% between 2025 and 2034. Diseases associated with obesity, diabetes and heart of which are rampant lifestyle problems has pushed the population in the globe to live a healthier life. As per the statistics provided by Statista, United States has continuously suffered from a increase in the obesity rate.
 

Bike Computer Market

In 2023, an estimated 33% of the adult population aged 18 years and above were classified as obese. Although obesity is a global epidemic, the United States is among the worst-hit. Moreover, heart-related conditions continue to be the leading cause of mortality in the US with 21 percent deaths in 2022.
 

Due to being suitable for all ages, Cycling has been gaining attention as an option for people who enjoy fitness and encourages a cardiovascular exercise. Just like by merging technology into cycling has enhanced the appeal of cycle computers as fitness tools, Urban areas have also seen a similar trend.
 

Unlike precession consoles which offered only static childbirth statistics, cycle computers display real time statistics of super key variables such as calories burnt, heart rate, intensity of the workout performed and overall performance of the cycle. Users can achieve these milestones by setting targets for themselves, monitoring their improvement, and ensuring that they reach their fitness objectives.
 

The acceleration of global traffic congestion, urban development and high levels of air pollution is redirecting a great deal of attention towards sustainable options of transportation, cycling gaining additional appeal. In cities, with very dense populations, cycling is gaining popularity as it is inexpensive, does not use any fossil fuels, and is a healthier activity than using motor vehicles.
 

Local authorities and governments encourage this trend by means of tax exemptions, subsidies for bike purchasing, construction of bike pathways, and launching shared cycling schemes. For example, city planners are now providing for the installation of cycling facilities into the city development projects in order to make cycling safe and convenient.
 

In March 2024, Caltrans expects to begin implementing a USD 930 million project to improve facilities for cyclists and pedestrians across the state within a period of four years. The plan approved by the California transportation commission involves the construction of 426 kilometres of new and modernized bicycle lanes on highways and more than 1300 safety elements to be executed by 2028. Because of the features of speed, distance, and route and navigation tracking, basic cycle computers are becoming popular thus making cycling more adopted.
 

Bike Computer Market Trends

Solar powered GPS bike computers integrate advanced features with eco-friendly technology. These systems use solar cells for recharging, which cuts down on the need for the conventional energy source and allows for an extended time of use. With advances made in solar technologies, it is now possible to gather energy even under very low light conditions, making them dependable.
 

Fuel management enables the usage of GPS features which enhance the functions of the devices. These energies systems put higher priority on power consumption which facilitate longer rides. Furthermore, such devices are likely to be popular among cyclists who prefer ecologically sound products because they provide all the essential features, are comfortable to use, and are good for the environment, which may increase the number of adventure riders, regular commuters and fitness lovers.
 

To strengthen their foothold in the GPS bike computer market, companies offering these devices have begun introducing solar-powered options. For example, in June 2024 the Coros brand of GPS sport watches known for its specialty released its self-proclaimed solar GPS bike computer named Dura, its claimed features include having a 2.7 inch color display, touchscreen, Bluetooth and ANT+ connectivity, bike alarm, crash detection and compatibility with other devices like Komoot, Strava and Training Peaks.
 

It has an intelligent google maps routing feature and claims about 120 hours of gps battery life, combined with solar panels that give about 2 hours per hour of sunlight. Coros hopes to extend its market dominance into the cycling industry by replicating its successful smartwatch strategy with the device.
 

The world of cycling computers is being taken to the next level by AI and IoT by providing showstopper features. The integration of machine learning tech enables real-time analysis of data which includes metrics like heart rate and speed and provides personalized training advice to the cyclists in order to help them improve. IoT, on the other hand, enables seamless connectivity with smartphones and fitness applications, allowing real-time data sharing with ease.
 

Cyclists are provided with route guidance, which together with relevant meteorological data and traffic indicators ensures a greater degree of safety and comfort for the users IoT devices enable maintenance checking remotely making sure the bike is in the right condition at all times. For both intense sportsmen and leisure cyclists alike AI helps in predicting fatigue and gives a recommendation straight away in the form of a break suggestion. Voice control and virtual coaching are also integrated into the device so that the user experience is optimal which increases the appeal of the device to users and athletes who are fond of incorporating technology in their workouts and during commutes.
 

Weather resilience and durability are some of the major concerns when it comes to cycle computers especially when used outdoors and under extreme conditions. Many mid-range and lower-end models do not perform well during harsher climates. Tough conditions including heavy rain can lead to waterproofing failings causing the buttons or the display to malfunction. Opposite to this side of the spectrum an over in device temperature can lead to battery degrade and LCD screens damage while extreme cold will freeze the display and drain the battery.
 

Off road cycling creates dust and debris which can also open the poorly sealed devices to damage. IP ratings are available for water and dust proofing in high end devices however most cycle computers lack such ratings. These issues will slide a user into distrust of the devices and would stop them from purchasing it doctored by the fact that they need the devices to be robust so that they can work longer.
 

Bike Computer Market Analysis

Cycle Computer Market Size, By Application, 2022 – 2034, (USD Million)

Based on application segment, the market is categorized into athletics and sports, fitness and commuting, and recreational/leisure. In 2024, the athletics and sports segment had a cycle computer market share of more than 40% and is predicted to reach USD 400 million by 2034. The rising popularity of cycling competitions like Ironman and the Tour de France has resulted in an increase in demand for cycle computers, which is used by elite riders and contain advanced capabilities like tracking critical parameters like cadence, power output, and heart rate.
 

The increase in the adoption of cycle computers has been drawing focus to data-driven training performance techniques, but there has been a more profound integration of computer cycle technology within artificial intelligence generating analytics, which alongside providing insights and recommendations, helps users track progress as well. The ability to assess ride data both in real-time and after the session has greatly increased the user-friendliness of computer cycles especially for competitive cyclists which now view cycle analytics as one of the most vital devices in their toolkit.

 

Cycle Computer Market Share, By Bike, 2024

Based on bike, the bike computer market is categorized into mountain bike, road bike, urban bike, E-bike and gravel bike. The road bike segment held a market share of around 37% in 2024. Road cycling is focusing more on competitive performance metrics thereby shifting its user base to cycle computers, with all-in-one measuring recording units encompassing GPS functions and real-time performance analytics becoming an integral device for any serious road cyclist.
 

Also, modern cycle computers easily integrate with fitness devices and other applications enabling a higher efficiency during data analysis and training helping look at other factors that can drastically enhance the cyclists performance. Computer cycles have been improving exponentially over the years, enabling more and more professional cyclists adapt thereby increasing the ubiquity of these devices achieving their goal.
 

Germany Cycle Computer Market Size, 2022 -2034, (USD Million)

Europe dominated the global cycle computer market with a major share of around 35% in 2024 and Germany leads the market in the region. European countries are encouraging the public in cycling which aims at tackling traffic congestion and cutting carbon emissions. Programs such as Cycling Cities, bike purchase subsidies, and dedicated bike paths are also accelerating the adoption of cycling. This growth is increasing the market for basic and advanced cycle computers. Germany enjoys strong cycling because of its developed paths and cycling is popular both for leisure and commuting purposes.
 

Cyclists use computers for planning routes, measuring their distance cycled, monitoring their speed and so forth. This also promotes the appeal of the PCG market. The German consumer is brand loyal and expects robust functionality from the products. This demand is being satisfied by the supply of advanced cycle computers using wireless and mobile connectivity technologies with applications and smart notifications. Both international and domestic suppliers guarantee a stable supply of high-tech devices according to German specifications.
 

In North America, post Covid 19 fitness habits have made more people cycle as a hobby. Participation in Adventure cycling such as mountain biking is increasing which requires durable cycle computers that have GPS and elevation trackers. Major cities like New York and Toronto are also shifting to the use of bicycles owing to traffic jams and pollution. Urban commuters need inexpensive cycle computers that offer trip tracking and navigation functionalities, and they are able to source these from the relevant markets.
 

In the Asia-Pacific region, Beijing, Tokyo, and Mumbai cities have some of the highest pollution levels which are forcing people to rely on e-bikes. Integrating cycle computers into e-bikes, which can include GPS navigation and battery life displays, is becoming more widespread. In addition, an increase in earnings, along with denting awareness in India and China, is contributing to cycling for exercise. These consumers appreciate inexpensive cycle computers which track calories burned and monitor heartbeat.
 

Bike Computer Market Share

Garmin and Giant Bicycles hold a market share of around 15% in the cycle computer industry. Garmin puts great emphasis on cycle computer innovation. The firm pours an extensive amount of money into refining cycle computers to support GPS navigation, wireless connectivity, heart rate monitoring and power meters. By adopting technologies like GPS bike computers that run on solar power as well as smarts phone and apps compatibility, Garmin enhances users’ experience cementing greater adoption of its device. The firm perpetually improves a product’s characteristics in order to cater professional cyclist and fitness fans.
 

Giant enhances the overall experience for recreational riders and professional athletes by including bike-specific features including suspension adjustments and rider performance analytics. The company focuses on ease of use, user-friendly interfaces, and personalization to meet the needs of cyclists looking for tailored solutions for their training and riding preferences. To improve the cycling experience, Giant offers bike-integrated software which enhances the computers installed by the users.
 

Bike Computer Market Companies

Major players operating in the cycle computer industry include:

  • Bryton
  • CatEye
  • Garmin
  • Giant Bicycles
  • Hammerhead
  • Lezyne
  • MiTAC Digital
  • Polar Electro
  • Trek Bicycle
  • Wahoo Fitness
     

Bicycle monitors exhibit two markets comprising international and local players. Due to the diversified nature of the product, the local players are able to serve the global and local demand and supply needs for leisure cycling, competitive cycling and fitness monitoring needs. A strategic acquisition strategy and diversification of product offerings such as Global Positioning Systems (GPS), performance monitors and real time analysis of data propelled the progress of international firms in the cycle computer market.
 

Their strategy of closely integrating with the mobile devices of clients, investing in innovation and immersion into bicycle markets of specific regions contributed positively to the global competitiveness of the firm targeting regions where bicycles are highly predominant.
 

Regional vendors penetrate the market by customizing their services to fit the needs of the local residents and the appropriate pricing needed for the casual users or mass market. Nevertheless, the competition in the market continues to be driven by the rising demand for advanced technology features such as wireless functions, longer-lasting batteries, and the ability to connect with outside fitness software which will push regional vendors to seek new suppliers.
 

Due to the increase in the number of mergers and acquisitions, it is expected that the market will consolidate more. This is likely to change the existing competition in the bicycle computers industry by encouraging innovation and handing over of new technologically advanced devices into the hands of the growing community of cycling enthusiasts.
 

Bike Computer Industry News

  • The new Swiss-built cycling computer is launched in September 2024 by Jesper, a Swiss Cycling tech start up. The device features a compact dimension designed with ease of use and usablility to communicate key information to the users in the form of data and maps. Its intuitive easy to understand interface shows roles metrics and maps on a high-resolution display without causing any distractions to the cyclist. The Jespr Computer incorporates high level GPS capabilities that comprise automatic rerouting and alerts, course setting, climbing intersection and drift readings with topography overlays. Furthermore, Users have the ability to integrate diverse profiles with multiple bikes and specific types for precise rides.
     
  • The Edge joins the Rest of the Line-Up as GK’s release for the Edge 1050 cycle computer in June 2024. A functional touch screen provides the device with a 20 hour battery and while in saver mode up to 60 hours can be reached. The latest release from Garmin the Edge 1050 has a modern look with a beveled casing and all metal buttons for rugged durability. A 3.5-inch LCD and a replaceable quarter turn mount also features on the device. And lastly the introduction of Garmin Pay, contactless payments made with the smart watch as a rival to Apple payments, is also now supported by the device.
     

The cycle/bike computer market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue ($Bn) and shipment (units) from 2021 to 2034, for the following segments:

Market, By Computer

  • Basic cycle computers
  • Advanced GPS cycle computers
  • Smart cycling computers

Market, By Technology

  • Wired
  • Wireless
  • GPS-enabled

Market, By Sensor

  • Speed sensors
  • Cadence sensors
  • Speed/Cadence dual mode sensors
  • Heart rate sensors
  • Gradient sensors

Market, By Bike

  • Mountain bike
  • Road bike
  • Urban bike
  • E-bike
  • Gravel bike

Market, By Application

  • Athletics & sports
  • Fitness & commuting
  • Recreational/leisure

Market, By Distribution Channel

  • Online
  • Offline

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Nordics
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Southeast Asia 
  • Latin America
    • Brazil
    • Mexico
    • Argentina 
  • MEA
    • UAE
    • South Africa
    • Saudi Arabia

 

Authors: Preeti Wadhwani, Aishwarya Ambekar
Frequently Asked Question(FAQ) :
Who are the major players in the bike computer industry?
The key players in the industry include Bryton, CatEye, Garmin, Giant Bicycles, Hammerhead, Lezyne, MiTAC Digital, Polar Electro, Trek Bicycle, and Wahoo Fitness.
What is the market share of the road bike segment in the cycle computer industry?
How much is the Europe bike computer market worth?
How big is the cycle/bike computer market?
Bike Computer Market Scope
  • Bike Computer Market Size
  • Bike Computer Market Trends
  • Bike Computer Market Analysis
  • Bike Computer Market Share
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    Premium Report Details

    Base Year: 2024

    Companies covered: 20

    Tables & Figures: 200

    Countries covered: 22

    Pages: 175

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