LONDON–(BUSINESS WIRE)–Technavio has been monitoring the GPS bike computer systems market and it’s poised to develop by USD 174.53 million throughout 2020-2024, progressing at a CAGR of just about 5% in the course of the forecast interval. The report gives an up-to-date evaluation concerning the present market state of affairs, newest traits and drivers, and the general market surroundings. Download a Free Sample Report on COVID-19
Impression of COVID-19
The COVID-19 pandemic continues to rework the expansion of assorted industries. Nevertheless, the quick affect of the outbreak is assorted. Whereas a number of industries will register a drop in demand, quite a few others will proceed to stay unscathed and present promising development alternatives. COVID-19 may have a Low affect on the GPS bike computer systems market. The market development in 2020 is prone to Enhance in comparison with the market development in 2019.
Incessantly Requested Questions-
- Primarily based on segmentation by product, which is the main phase available in the market?
- The non-mapping phase is anticipated to be the main phase based mostly on product within the world market in the course of the forecast interval.
- What are the main traits available in the market?
- Introduction of GPS bike computer systems is without doubt one of the main traits available in the market.
- At what price is the market projected to develop?
- Rising at a CAGR of just about 5%, the incremental development of the market is anticipated to be USD 174.53 million.
- Who’re the highest gamers available in the market?
- Acer Inc., Bryton Inc., CATEYE Co. Ltd. , Garmin Ltd., Big Manufacturing Co. Ltd., Lezyne, MiTAC Holdings Corp., Pioneer Corp., Polar Electro Oy, and Wahoo Health LLC. are among the main market individuals.
- What are the important thing market drivers and challenges?
- Rising adoption of sensible biking merchandise is without doubt one of the main components driving the market. Nevertheless, the declining bicycle use attributable to rising air pollution ranges restraints the market development.
- How huge is the North America market?
- The North America area will contribute 32% of market development.
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The market is fragmented, and the diploma of fragmentation will speed up in the course of the forecast interval. Acer Inc., Bryton Inc., CATEYE Co. Ltd. , Garmin Ltd., Big Manufacturing Co. Ltd., Lezyne, MiTAC Holdings Corp., Pioneer Corp., Polar Electro Oy, and Wahoo Health LLC are among the main market individuals. The rising adoption of sensible biking merchandise will supply immense development alternatives. In a bid to assist gamers strengthen their market foothold, this GPS bike computer systems market forecast report supplies an in depth evaluation of the main market distributors. The report additionally empowers business honchos with data on the aggressive panorama and insights into the completely different product choices supplied by varied corporations.
Technavio’s customized analysis studies supply detailed insights on the affect of COVID-19 at an business stage, a regional stage, and subsequent provide chain operations. This personalized report will even assist shoppers sustain with new product launches in direct & oblique COVID-19 associated markets, upcoming vaccines and pipeline evaluation, and vital developments in vendor operations and authorities rules.
GPS Bike Computer systems Market 2020-2024: Segmentation
GPS Bike Computer systems Market is segmented as beneath:
- North America
- South America
- Health and Commuting
- Athletics and Sports activities
To study extra in regards to the world traits impacting the way forward for market analysis, obtain a free pattern: https://www.technavio.com/talk-to-us?report=IRTNTR44790
GPS Bike Computer systems Market 2020-2024: Scope
Technavio presents an in depth image of the market by the way in which of research, synthesis, and summation of knowledge from a number of sources. The GPS bike computers market report covers the next areas:
- GPS Bike Computer systems Market Measurement
- GPS Bike Computer systems Market Tendencies
- GPS Bike Computer systems Market Evaluation
This research identifies the introduction of GPS bike computer systems with analog show and digital knowledge assortment as one of many prime causes driving the GPS bike computer systems market development in the course of the subsequent few years.
Technavio suggests three forecast situations (optimistic, possible, and pessimistic) contemplating the affect of COVID-19. Technavio’s in-depth analysis has direct and oblique COVID-19 impacted market analysis studies.
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GPS Bike Computer systems Market 2020-2024: Key Highlights
- CAGR of the market in the course of the forecast interval 2020-2024
- Detailed data on components that may help GPS bike computer systems market development in the course of the subsequent 5 years
- Estimation of the GPS bike computer systems market dimension and its contribution to the father or mother market
- Predictions on upcoming traits and modifications in shopper habits
- The expansion of the GPS bike computer systems market
- Evaluation of the market’s aggressive panorama and detailed data on distributors
- Complete particulars of things that may problem the expansion of GPS bike computer systems market distributors
Desk of Contents:
- Market ecosystem
- Market traits
- Worth chain evaluation
- Market definition
- Market phase evaluation
- Market dimension 2019
- Market outlook: Forecast for 2019 – 2024
5 Forces Evaluation
- 5 forces abstract
- Bargaining energy of consumers
- Bargaining energy of suppliers
- Menace of latest entrants
- Menace of substitutes
- Menace of rivalry
- Market situation
Market Segmentation by Product
- Market segments
- Comparability by Product
- Non-mapping – Market dimension and forecast 2019-2024
- Mapping – Market dimension and forecast 2019-2024
- Market alternative by Product
Market Segmentation by Utility
- Market segments
- Comparability by Utility
- Health and commuting – Market dimension and forecast 2019-2024
- Athletics and sports activities – Market dimension and forecast 2019-2024
- Market alternative by Utility
- Geographic segmentation
- Geographic comparability
- North America – Market dimension and forecast 2019-2024
- Europe – Market dimension and forecast 2019-2024
- APAC – Market dimension and forecast 2019-2024
- MEA – Market dimension and forecast 2019-2024
- South America – Market dimension and forecast 2019-2024
- Key main international locations
- Market alternative by geography
- Market drivers
- Market challenges
- Market traits
- Vendor panorama
- Panorama disruption
- Distributors lined
- Market positioning of distributors
- Acer Inc.
- Bryton Inc.
- CATEYE Co. Ltd.
- Garmin Ltd.
- Big Manufacturing Co. Ltd.
- MiTAC Holdings Corp.
- Pioneer Corp.
- Polar Electro Oy
- Wahoo Health LLC
- Scope of the report
- Forex conversion charges for US$
- Analysis methodology
- Checklist of abbreviations
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