Dublin, March 05, 2021 (GLOBE NEWSWIRE) – Added to the report “Bicycle Infotainment System – Global Market Trajectory & Analytics” ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Bicycle Infotainment System is expected to reach US $ 763.6 Million in the year 2020, a revised volume of US $ 2 Billion by 2027, growing at a CAGR of 14.6% over the period 2020- 2027. On-Board Kits, one of the segments examined in the report, is expected to grow at a CAGR of 15.2% to reach US $ 1.2 Billion by the end of the review period. After an early study of the industrial impacts of the pandemic and the economic crisis it has caused, growth in the Wearable Kits segment has read to a revised CAGR of 13.7% for the next 7 -year. This sector currently accounts for a 42.7% share of the Global Bicycle System.
The market of Bicycle Infotainment System in the US is estimated at $ 219.8 Million in the year 2020. The country currently accounts for a share of 28.79% in the global market. China, the second largest economy in the world, is expected to reach an estimated market size of US $ 388.9 Million by 2027 slowing a CAGR of 19.1% through 2027. Other geographic markets include Japan and Canada , all expected to grow at 10.5% and 12.9% respectively over the period 2020-2027. Within Europe, Germany is expected to grow at around 11.6% CAGR while the rest of the European market (as described in the study) reaches US $ 388.9 Million by the year 2027 .
The report includes accurate insights into how the pandemic affected productivity and the purchasing side for 2020 and 2021. Short-term gradual recovery is also addressed by key geographies. .
Competitors identified in this market include, but are not limited to:
- CatEye Co., Ltd.
- COBI. Bicycle GmbH
- Garmin Limited.
- Giant Manufacturing Co., Ltd.
- Hammerhead
- Lezyne Inc.
- Magellan (MiTAC Digital Corporation)
- Polar Electro Oy
- Sena Technologies, Inc.
- Sigma-Elektro GmbH (Sigma Sports)
- Smarthalo Technologies Inc.
- Vi Inc (LifeBEAM)
- Wahoo Fitness LLC
Key topics covered:
I. INTRODUCTION, METHODOLOGY & SCOPE OF REPORT
II. SUMMARY
1. MARKET OVERVIEW
- Covid-19 impact and global economic downturn
- Global competitive market shares
- Competitive System Bicycle Infotainment System Worldwide market share competition (in%): 2018E
2. A WORD ON SELECT PLANS
3. MARKET RESULTS & DRIVERS
4. GLOBAL MARKET VIEW
III. MARKET ANALYSIS
ANALYSIS OF HUMAN MARKETS
IV. TABLE
- Total Companies Profile: 33
For more information on this report, visit https://www.researchandmarkets.com/r/br3hrs
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