GPS for Bike Market: Global Key Players, Trends, Share, Industry Size, Growth, Opportunities, Forecast To 2024

Summary: A new market study, titled “Discover Global GPS for Bike Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.

Pune, India - September 11, 2019 /MarketersMedia/ —

Introduction

Global GPS for Bike Market

A new report added to the online inventory of Wise Guys Reports (WGR) discloses that the world GPS for bike market is set to grow at a compound annual growth rate (CAGR) of 6.7% between 2018 and 2022.

Basically GPS for bike is a navigation device that can be fixed on the handlebars of a bicycle. It receives satellite signals through GPS and helps the riders to monitor their rides and track cycling performance as well. Also it can keep a track of the users’ progress on the road and helps to create new routes and check the progress in real time.

This device is equipped with auto-adjustable screen brightness and acts as a safety device as well. The users can send alerts in cases of unfortunate incidents to their family members. Due to so many benefits attached, the innovative GPS for bike has driven the demand of these smart cycling products greatly.

The report has been prepared based on the detailed market analysis. It covers the market landscape and its growth prospects over the next few years. These GPS for bike devices help in tracking the cycling performance. However, some of the market challenges associated with it include reduced bicycle use due to rising pollution levels.

 

Get Free Sample Report at https://www.wiseguyreports.com/sample-request/4277729-world-gps-for-bike-market-by-product-type

 

Key Players of Global GPS for Bike Market =>

The segmental analysis of the market has been conducted based on industry trends, type, application, market size and region. Some of the leading players included in the report include Garmin, Magellan, Sigma, CatEye and O-Synce

By product, the market has been segmented into Mapping and Non-mapping.

Based on application, the market has been segmented into commercial and personal use. The need for bikes to stay fit and their cost-effectiveness with easy affordability is contributing towards the growth of GPS for bike market.

 

World GPS for Bike Market: Regional Analysis

On the basis of region, the market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Rest of the World (RoW). In North America, countries like U.S. and Canada are covered, and UK and Germany are covered under Europe. In APAC, countries such as Japan, China and India are covered. Faster adoption of smart cycling products and booming technology are some of the factors influencing the market in North America. Meanwhile, APAC also remain an attractive market for world GPS for bike market. It is predictable that APAC region will make a significant contribution to the world GPS for bike market. The rapid growth in smart devices and growing health-consciousness among the consumers in countries such as Japan, China, and India is driving the market growth in the region.

The report will help in having a clear and in-depth understanding of the existing market opportunities and threats faced by the vendors in the global GPS for bike market.

 

Get Detailed Report at https://www.wiseguyreports.com/reports/4277729-world-gps-for-bike-market-by-product-type

 

Contact Info:
Name: Norah Trent
Email: Send Email
Organization: WISE GUY RESEARCH CONSULTANTS PVT LTD
Website: http://www.wiseguyreports.com

Source URL: https://marketersmedia.com/gps-for-bike-market-global-key-players-trends-share-industry-size-growth-opportunities-forecast-to-2024/88917836

Source: MarketersMedia

Release ID: 88917836

More News From digitalpressnetwork.com

Goldschmidt, Cards clinch playoff spot, rally past Cubs 3-2

Sep 23, 2019

CHICAGO — Paul Goldschmidt hit a tiebreaking double in the ninth inning and the St. Louis Cardinals clinched a playoff spot by rallying past the Chicago Cubs 3-2 on Sunday for their first four-game sweep at Wrigley Field in almost a century. NL Central-leading St. Louis qualified for the postseason for the first time since 2015 and stayed three games ahead of Milwaukee. It was the fifth consecutive win for the Cardinals, who came back for a 9-8 victory Saturday on consecutive homers by Yadier Molina and Paul DeJong against Craig Kimbrel in the ninth. The time, Chicago manager Joe...

Rookie Webb, Giants beat Braves 4-1, avoid sweep

Sep 23, 2019

ATLANTA — Rookie Logan Webb allowed only two hits and one run in six innings, Evan Longoria drove in two runs with two hits and the San Francisco Giants beat Dallas Keuchel and the Atlanta Braves 4-1 on Sunday. Braves manager Brian Snitker, preparing the NL East champions for the playoffs, rested outfielder Ronald Acuña Jr., third baseman Josh Donaldson and second baseman Ozzie Albies. Albies had his second straight day off before reaching on a pinch-hit single in the ninth. Webb (2-2) was sharp in his seventh start, preventing the Braves from a three-game sweep in their final regular-season...

Sigmund Jaehn,1st German in space as 1970s cosmonaut, dies

Sep 23, 2019

BERLIN — Sigmund Jaehn, who became the first German in space at the height of the Cold War during the 1970s and was promoted as a hero by communist authorities in East Germany, has died. He was 82. The German Aerospace Center said Sunday on its website that Jaehn died Saturday. The center did not give the cause of death. German news agency dpa said he died at his home in Strausberg, outside of Berlin. Astrophysicist Pascale Ehrenfreund, who chairs the German Aerospace Center's executive board, said the center was deeply saddened by Jaehn's death and that German aerospace had...

Honest Co.'s CFO shares lessons learned and his vision ahead

Sep 23, 2019

NEW YORK — The Honest Company, known for its eco-friendly diapers, wipes and cleaning products, is back on the upswing after a series of stumbling blocks. The digital native company was founded by actress Jessica Alba in 2012. It attained unicorn status — when a privately held startup attains valuation of more than $1 billion — three years later. Its formula? Honest successfully built an online community of young parents looking for safe, affordable products for their children. It initially started out with diapers and wipes along with household cleaning products and then expanded into beauty and other items. But...

From IS camp, Syrian family returns home to a hostile city

Sep 23, 2019

RAQQA, Syria — After two years on the run with the Islamic State group, Um Mahmoud just wanted to return home. When she finally made it to Raqqa with her daughters and grandchildren, she found her home partially burned but livable. She also found a hostile city reluctant to take her back. The 53-year-old seamstress had returned from al-Hol camp, where 73,000 people, most of them families of IS militants, have been kept since the territorial defeat of the group in March. But there is little trust in the returnees in Raqqa, which IS ruled with a brutal hand for...

Weather, 20 December
Houston Weather
+7

High: +11° Low: -2°

Humidity: 83%

Wind: NNE - 7 KPH

Canberra Weather
+27

High: +27° Low: +17°

Humidity: 87%

Wind: W - 20 KPH

Roissy-en-France Weather
+6

High: +6° Low: -5°

Humidity: 87%

Wind: ENE - 7 KPH

Florence Weather
+9

High: +9° Low: +6°

Humidity: 97%

Wind: ENE - 17 KPH

Parga Weather
+7

High: +16° Low: +4°

Humidity: 100%

Wind: SE - 25 KPH