Global Bike Computer Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Wired Computer and Wireless Computer.

By Sensor Type;

Rear Wheel Sensor, Speed/Cadence Sensor, Gradient Sensor and Heart Rate Sensor.

By Application;

Fitness & Commuting and Athletics & Sports.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn211034226 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Bike Computer Market (USD Million), 2021 - 2031

In the year 2024, the Global Bike Computer Market was valued at USD 613.41 million. The size of this market is expected to increase to USD 985.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.

The Global Bike Computer Market encompasses devices designed for cyclists to monitor and track performance metrics such as distance, speed, heart rate, and navigation routes. These devices cater to a diverse user base, including recreational cyclists, commuters, and competitive athletes, seeking to enhance their cycling experience and fitness goals.

Key drivers stimulating market growth include increasing global emphasis on health and fitness, technological advancements in sensor technology and connectivity, and the rising popularity of cycling as a sustainable transportation option. Bike computers offer functionalities such as GPS navigation, real-time data synchronization with smartphones, and integration with cycling sensors, providing cyclists with comprehensive insights into their riding performance and health metrics.

Despite challenges such as competition from smartphone apps and high device costs, opportunities lie in connectivity innovations, expanding urban biking initiatives, and emerging markets in Asia-Pacific and Latin America. These factors underscore the dynamic nature of the Global Bike Computer Market, characterized by continuous innovation and evolving consumer preferences towards smart, data-driven cycling solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Sensor Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Bike Computer Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Cycling popularity growth
        2. Technological advancements
        3. Health and fitness trends
        4. Integration with smartphones
        5. Increased awareness
      2. Restraints
        1. High cost
        2. Limited battery life
        3. Complexity of use
        4. Dependence on GPS signals
        5. Competition from apps
      3. Opportunities
        1. Growth in cycling events
        2. Expansion in urban biking
        3. Emerging markets
        4. Customization options
        5. Connectivity innovations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Bike Computer Market, By Product Type, 2021 - 2031 (USD Million)
      1. Wired Computer
      2. Wireless Computer.
    2. Global Bike Computer Market, By Sensor Type, 2021 - 2031 (USD Million)
      1. Rear Wheel Sensor
      2. Speed/Cadence Sensor
      3. Gradient Sensor
      4. Heart Rate Sensor.
    3. Global Bike Computer Market, By Application,2021 - 2031 (USD Million)
      1. Fitness & Commuting
      2. Athletics & Sports.
    4. Global Bike Computer Market, By Geography, 2021 - 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Garmin Ltd.
      2. Wahoo Fitness
      3. Sigma Sport
      4. Bryton Inc.
      5. CatEye Co., Ltd.
      6. Lezyne
      7. Polar Electro
      8. Pioneer Electronics
      9. Hammerhead
      10. Stages Cycling
  7. Analyst Views
  8. Future Outlook of the Market