Press release
Smart Bicycle Accessories Market Sales to Top US$ 2.32 Bn by the end of 2029
Smart Bicycle Accessories Market 2022
The global smart bicycle accessories market was worth ~US$ 950 Mn at the end of 2018. With a CAGR of ~9%, the smart bicycle accessories market is estimated to be valued ~US$ 2.32 Bn by the end of the forecast period i.e., 2029. Persistence Market Research has published a report on the smart bicycle accessories market that includes global industry analysis 2014-2018 and forecast 2019-2029.
Request for Free Sample Copy of Smart Bicycle Accessories Market Report@https://www.persistencemarketresearch.com/samples/18316
The report covers latest trends, macroeconomics factors, key information, forecast factors, and key success factors, along with the historical market scenario. The value of the global smart bicycle accessories market was worth over a million US$ in 2018. In terms of value, the smart bicycle accessories market is projected to grow at a significant growth rate during the forecast period.
PMR has conducted a structured market research on the smart bicycle accessories. The smart bicycle accessories market report estimates that, during the forecast period, smart onboard computers and smart sensor segments are expected to create significant growth opportunities in the global smart bicycle accessories market, both in terms of, volume and value
Key players-
• Garmin Ltd.
• Pioneer Corp.
• Polar Electro
• LIVALL
• Sena
• Robert Bosch
• Cobi Bike
• Vanhawks Inc.
• Sigma Sport
• iGSPORT/Wuhan Qiwu Technology Company
• Assize Technology Co., Ltd.
• VDO Cycle Computing / Cycle Parts GmbH
Complete Report Details@https://www.persistencemarketresearch.com/market-research/smart-bicycle-accessories-market.asp
Smart Bicycle Accessories Market: Segmental Analysis
By product type, the global smart bicycle accessories market is segmented into smart helmet, smart lock, smart light, smart glove, smart onboard computer, smart sensor, and smart power meter. The smart bicycle accessories market is expected to be prominent in the smart onboard computer owing to the advanced features such as map, theft alert notification, heart rate monitoring, and several other features. The smart glove segment is projected to have less share as compared to the other segments of the product type. Moreover, manufacturers of smart bicycle accessories are focusing more on safety features as compared to conventional bicycle systems. The aforementioned factor is expected to increase the sales of smart bicycle accessories during the forecast period.
By sales channel, the global smart bicycle accessories market is segmented into offline and online. The offline segment is projected to be prominent throughout the forecast period.
By region, the smart bicycle accessories market report studies markets across several regions such as North America, Latin America, Europe, South Asia, East Asia, Middle East & Africa, and Oceania. North America and Europe are expected to grow with a predominant share in the global smart bicycle accessories market over the forecast period. However, East Asia is representing healthy growth in the smart bicycle accessories market.
Buy Now this Report@https://www.persistencemarketresearch.com/checkout/18316
The global smart bicycle accessories market is consolidated owing to the presence of less manufacturers of smart bicycle accessories across the globe. Prominent players in the global smart bicycle accessories market are focusing on the development of smart bicycle accessories, adopting business expansions, collaborations, and acquisition strategies to capture significant share of the global market.
• In 2018, Sena Technologies, Inc. announced the initial shipments of Bluetooth-Integrated Momentum, Momentum Lite, and Momentum INC smart helmets.
• In 2018, Sigma Sport expanded its business by the addition of new 30,000 square-foot distribution centre in Grantham, Lincolnshire.
• In 2019, Garmin Ltd collaborated with Daimler, to bring connected features in Mercedes-Benz vehicles with Vívoactive 3 GPS smart watch.
Key Questions Answered in the Global Smart Bicycle Accessories Market Report =
• How is the smart bicycle accessories market expected to grow over the projected period?
• What will be the smart bicycle accessories market expected to take in terms of volume and value during the forecast period?
• What are the key factors driving the smart bicycle accessories market?
• What are the significant opportunities for manufacturers of smart bicycle accessories?
• What is the expected impact of macroeconomic factors on the smart bicycle accessories market in the future?
• What are the key developments and trends taking place in the smart bicycle accessories market?
Related Reports:
Automotive Exterior Accessories Market - https://www.persistencemarketresearch.com/market-research/automotive-exterior-accessories-market.asp
Automotive Exterior Accessories Market Segmented By Covers, Front Guards, Racks, Body Kits, Window Films Product Type in Passenger Car, LCVs, HCVs Vehicle Type, Available Online and Offline .
Bicycle Accessories Market - https://www.persistencemarketresearch.com/market-research/bicycle-accessories-market.asp
Persistence Market Research offers insights about key factors driving demand for bicycle accessories. The report tracks the global sales of bicycle accessories in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the cycling industry in general, and bicycle accessories in particular.
About us: -
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
Contact Us:
Persistence market research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Germany Office:
Persistence Market Research
Potsdamer Platz 10 Haus 2, 5th Floor Berlin,
Germany 10785
Call +1 888-863-4084
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Bicycle Accessories Market Sales to Top US$ 2.32 Bn by the end of 2029 here
News-ID: 2776769 • Views: …
More Releases from Persistence Market Research
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for Accessories
Gaming Accessories Market
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- Gaming Accessories Market size was valued at USD 6.8 Billion in 2022 and is projected to reach USD 14.4 Billion by 2030, growing at a CAGR of 9.80% from 2023 to 2030.
The gaming accessories market is poised for significant growth, presenting numerous opportunities for manufacturers and retailers alike. As gaming continues to gain traction as a mainstream form of entertainment, the demand for high-quality gaming peripherals…
Breastfeeding Accessories Market Report 2024 - Breastfeeding Accessories Market …
"The Business Research Company recently released a comprehensive report on the Global Breastfeeding Accessories Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The breastfeeding accessories market size…
Podiatry Equipment Accessories Market - Stride with Confidence: Breakthroughs in …
Newark, New Castle, USA - new report, titled Podiatry Equipment Accessories Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Podiatry Equipment Accessories market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Podiatry Equipment Accessories market. The report offers an overview of…
Brookys Motorcycle Accessories
Brooky's Motorcycle Accessories have been serving the motorcycling community since 2008, with our in-de-depth motorcycle knowledge acquired over a life time.
Brooky’s keep up to date with all the latest products and models, bringing you the newest parts and accessories at an unbeatable price. Brookys Motorcycle Accessories specialise in both ON-ROAD and OFF-ROAD motorcycle parts and accessories, ATV, Buggies and farm vehicles. Brooky’s also has a workshop division, state of the…
morelife LONDON Launched Car Accessories – Redefined the value of money for ac …
It comes no shocker that when you would search for car accessories online you would find morelife LONDON taking the industry by storm with its exceptionally well priced products in the industry where car accessories come and go but these accessories are here to stay for sure.
At the morelife LONDON online store we are providing astounding discounts over major car accessories from chrome grills to car chargers to many…
Heat shrinkable Cable Accessories, Power Cable Accessories Supplier, Heat Shrink …
Yamuna Cable Accessories Pvt. Ltd. is manufacturer and exporter of Cable Accessories, Power Cable Accessories Exporter, Heat Shrinkable Tubing accessories are Heat Shrinkable Anti-Tracking Rain Sheds, Heat Shrinkable Anti Tracking Breakout. These Heat Shrinkable Tubing Accessories are used in Power Distribution, Electrical Insulation, Telecommunication & other similar industries & applications.
We use the best quality of raw materials & machines to manufacture these Power Cable Accessories Supplier, Heat shrinkable Cable…
