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GPS Bike Computers Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027

11-25-2021 08:17 AM CET | IT, New Media & Software

Press release from: Orion Market Research

The global GPS bike computers market is expected to grow at a significant CAGR during the forecast period 2021-2027. The GPS bike computer is a type of device that works on a navigation principle and receives satellite-based signals via GPS (Global Positioning System). These Devices can be allocated on the handlebars of a bike and enables the user to monitor and track the performance and progress on road. The GPS built-in bike or bicycle allows users to explore and identify new routes and is applicable to convey details about progress in real-time. The rising penetration of smart cycling products with the rising integration of GPS based smartwatches is a major factor that is expected to drive the market growth of the global GPS bike computers market.

A full report of GPS Bike Computers Market is available at: https://www.omrglobal.com/industry-reports/gps-bike-computers-market

The growing awareness and consciousness about fitness and healthy lifestyle raise the adoption of bikes among people. This is expected to witness significant growth for the global GPS bike computers market during the forecast period. The unique and efficient feature offered by GPS bike computers attracts more consumers due to its exclusive design, economic cost and easy to use application. Thus, it will emerge as a significant market driver for the growth of the global GPS bike computers market and is expected to create ample growth opportunities during the forecast period.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/gps-bike-computers-market

The ongoing recent development in the production and manufacturing of GPS bike computers is anticipated to boost the market growth during the forecast period. The assisting function of the GPS to inform the detail about routes and current speed, maximum speed and average speed are some emerging technologies that are expected to create lucrative growth opportunities for the global GPS bike computers market. Additionally, the rising OEMs focus to design advanced features including virtual training partners to keep track of a performance level and assure training plan. This will be projected to witness ample growth opportunities for the global gps bike computers market during the forecast period.

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Product Type
o By Application
• Competitive Landscape- Bryton Inc., CatEye Co., Ltd., Lezyne Inc, Polar Electro Oy and others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global GPS Bike Computers Market by Segment

By Product Type

• Non-Mapping
• Mapping

By Application

• Fitness
• Communicating
• Athletics
• Sports

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/gps-bike-computers-market

GPS Bike Computers Market– Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Bryton Inc.
• CatEye Co., Ltd.
• Lezyne Inc
• Polar Electro Oy

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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