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(Transportation-News.com, September 16, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Bicycle Infotainment System market for 2018-2023.
Bicycle infotainment system is the technology that provides information, entertainment as well as communication to rider while riding or travelling. Bicycle infotainment system also provides bicycle to bicycle communication. Bicycle to bicycle communication involves transmission and exchange of information among riders through installed infotainment devices on the bicycle independent of the location. The infotainment device may be built in or portable.
Increasing usage of bicycle in developed economies, changing lifestyle habits & preferences, and recent technological developments in infotainment systems are the major factors propelling the market growth. In addition, raising installations of healthcare infotainment systems and health are the other factor boosting the market growth. On the other hand, higher costs for raw material is hindering the market growth. North America accounted for the largest market share in terms of revenue in 2016 and the region is expected to dominate the market even during the forecast period. In North America, the main contributors to the bicycle infotainment market are developed countries such as United States and Canada.
Over the next five years, this report projects that Bicycle Infotainment System will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Bicycle Infotainment System market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Wearable Kits
On-Board Kits
Segmentation by application:
Road Bike
Mountain Bike
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Garmin
Wahoo Fitness
Polar
Magellan
Sena Technologies
Cateye
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Bicycle Infotainment System consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Bicycle Infotainment System market by identifying its various subsegments.
Focuses on the key global Bicycle Infotainment System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Bicycle Infotainment System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Bicycle Infotainment System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Madhuri Vetal
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