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Bike Computer Market Size - By Computer, By Technology, By Sensor, By Bike, By Application, By Distribution Channel, Growth Forecast, 2025 – 2034
Report ID: GMI13066
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Published Date: January 2025
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Report Format: PDF
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Premium Report Details
Base Year: 2024
Companies covered: 20
Tables & Figures: 200
Countries covered: 22
Pages: 175
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Bike Computer Market Size
The global cycle/bike computer market size was valued at USD 701.3 million in 2024 and is estimated to register a CAGR of 6.2% between 2025 and 2034. The growth of the market can be attributed to the rising health and fitness awareness. The rise in lifestyle-related diseases such as obesity, diabetes, and heart conditions has driven a global shift towards healthier living.
According to Statista, obesity rates in the U.S. have been rising steadily over the last decade. By 2023, about 33% of adults aged 18 and older were obese. While obesity is a global issue, it is particularly severe in the U.S. Furthermore, heart disease remains the top cause of death in the U.S., accounting for 21% of all deaths in 2022.
Cycling has become a popular choice for fitness enthusiasts because it is low-impact and offers cardiovascular benefits, making it suitable for all age groups. Cycle computers have become essential tools by providing real-time data on key metrics such as calories burned, heart rate, workout intensity, and overall performance. These devices help users set fitness goals, track their progress, and stay motivated. In urban areas, especially in crowded cities with limited exercise spaces, the integration of technology into cycling has made cycle computers even more appealing, boosting their adoption as valuable fitness tools.
Urbanization, air pollution, and traffic congestion are driving a shift toward sustainable transportation, with cycling becoming a popular choice. In crowded cities, more people are choosing cycling because it is affordable, eco-friendly, and healthier than motorized vehicles. Governments and local authorities are supporting this trend by offering bike purchase subsidies, tax incentives, and building bike lanes and shared cycling programs. For instance, urban planners are also adding cycling infrastructure to city designs to make it safer and more convenient for cyclists.
For instance, in March 2024, the California Department of Transportation (Caltrans) plans to invest about USD 930 million over the next four years to improve bike and pedestrian infrastructure across the state. Approved by the California Transportation Commission (CTC), the plan includes 265 miles of new and upgraded bike lanes on state highways and over 1,300 safety features, set to be completed by mid-2028. Basic cycle computers with features such as speed, distance, route tracking, and navigation are becoming widely used, improving the cycling experience and increasing their adoption.
Bike Computer Market Trends
Solar-powered GPS bike computers combine sustainability with advanced functionality. These devices use solar panels to charge batteries, reducing reliance on traditional power and extending usage. Improved solar efficiency allows energy capture even in low light, ensuring reliability in various conditions. GPS features provide accurate navigation and tracking, while energy management systems optimize power for longer rides. These devices appeal to eco-conscious cyclists, offering convenience, functionality, and environmental benefits, driving adoption among adventure riders, commuters, and fitness enthusiasts.
Companies operating in the bike computer market are launching solar-powered GPS bike computers to strengthen their position in the market. For instance, in June 2024, Coros, known for its GPS sport watches, launched the Dura cycle computer, a solar GPS bike computer tohat ffers features such as a 2.7-inch color touchscreen, Bluetooth and ANT+ connectivity, a bike alarm, crash detection, and integration with platforms such as Komoot, Strava, and Training Peaks.
It includes a smart re-route feature using Google Maps and claims up to 120 hours of GPS battery life, with solar panels adding up to two extra hours per hour of sunlight exposure. Coros aims to bring its proven smartwatch formula to cycling with this device.
AI and IoT are transforming cycle computers with advanced features. AI analyzes data such as speed and heart rate to give personalized training tips, helping cyclists improve. IoT allows easy syncing with smartphones and fitness apps for real-time data sharing. Cyclists get route suggestions, weather updates, and traffic alerts, improving safety and convenience. IoT also enables remote bike maintenance checks, keeping bicycles in good condition.
AI predicts fatigue and suggests rest breaks, helping both professionals and casual riders. Features including voice commands and virtual coaching make these devices user-friendly, driving demand among tech-savvy users and athletes for fitness and commuting.
Cycle computers often face durability and weather resistance issues, especially in outdoor and extreme conditions. Many mid-range and lower-end models struggle in harsh weather. Heavy rain can compromise waterproofing, causing button malfunctions or display problems. High temperatures can overheat devices, degrade batteries, or damage LCD screens, while extreme cold can drain batteries or freeze displays.
Dust and debris from off-road cycling can also affect poorly sealed devices. Although high-end models may have IP ratings for water and dust resistance, many devices lack these features, creating a reliability gap. These issues can reduce performance and deter buyers who need durable devices.
Bike Computer Market Analysis
Based on application, the market is divided into athletics & sports, fitness & commuting and recreational/leisure. In 2024, athletics & sports segment held a market share of over 40% and is expected to cross USD 400 million by 2034. Global cycling competitions, such as the Tour de France and Ironman, are driving higher demand for advanced cycle computers. Professional athletes use these devices to measure key performance metrics such as cadence, power output, and heart rate.
The growing focus on data-driven training to improve performance is further boosting adoption. Cycle computers with AI-powered analytics deliver personalized insights, track progress, and provide recommendations for improvement. The ability to review ride data in real-time or after the ride has made these devices a critical tool for competitive cyclists.
Based on bike, the cycle computer market is categorized into mountain bike, road bike, urban bike, E-bike and gravel bike. The road bike segment held a market share of around 37% in 2024. As road cycling becomes more focused on performance, cyclists are adopting advanced technology to stay competitive. Cycle computers with GPS and real-time performance analytics have become essential tools for serious road cyclists.
Additionally, modern road bike computers connect easily with other fitness devices and apps, making data analysis and training more efficient. These advancements have made cycle computers a key tool for cyclists aiming to enhance every aspect of their performance, driving their widespread use.
Europe cycle computer market accounted for 35% of the revenue in 2024. European governments are promoting cycling to reduce congestion and carbon emissions. Programs such as Cycling Cities, bike purchase subsidies, and dedicated bike lanes are driving cycling adoption. This growth is boosting demand for basic and advanced cycle computers. Germany’s strong cycling infrastructure, with extensive bike paths, supports cycling for leisure and commuting.
Cyclists use cycle computers for route planning, performance tracking, and navigation, driving cycle computer market growth. German consumers prefer durable, feature-rich products. Advanced cycle computers with wireless connectivity, apps, and smart notifications meet this demand. Global and local manufacturers ensure a steady supply of innovative devices tailored to German standards.
In North America, post-pandemic fitness trends have increased cycling. Adventure cycling, including mountain biking, is growing, creating demand for rugged cycle computers with GPS and elevation tracking. Cities such as New York and Toronto are adopting cycling to reduce congestion and pollution. Urban commuters are choosing affordable cycle computers with features like trip tracking and navigation.
In Asia Pacific cities such as Beijing, Tokyo, and Mumbai, traffic and pollution are driving e-bike use. Cycle computers for e-bikes, with features including battery monitoring and route planning, are gaining popularity. Furthermore, rising incomes and health awareness in India and China are encouraging cycling for fitness. Affordable cycle computers with features including calorie tracking and heart rate monitoring are appealing to these consumers.
Bike Computer Market Share
Garmin and Giant Bicycles hold a market share of around 15% in the cycle computer industry. Garmin focuses on innovation to maintain its leadership in the cycle computer market. The company invests heavily in research and development to create advanced cycle computers with features such as GPS navigation, heart rate monitoring, power meters, and wireless connectivity. By introducing technologies such as solar-powered GPS bike computers and compatibility with smart devices and apps, Garmin improves the user experience and increases demand for its products. The company continuously enhances product features to attract both professional cyclists and fitness enthusiasts.
Giant works to improve the cycling experience by offering customizable cycle computers and integrated software that sync with their bikes. By including bike-specific features including suspension adjustments and rider performance analytics, Giant enhances the overall experience for recreational riders and professional athletes. The company focuses on ease of use, user-friendly interfaces, and personalization to meet the needs of cyclists looking for tailored solutions for their training and riding preferences.
Bike Computer Market Companies
Major players operating in the cycle computer industry include:
Bike Computer Industry News
The cycle/bike computer market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue ($Bn) and shipment (units) from 2021 to 2034, for the following segments:
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Market, By Computer
Market, By Technology
Market, By Sensor
Market, By Bike
Market, By Application
Market, By Distribution Channel
The above information is provided for the following regions and countries: