Cyclocomputer Market, By Connectivity (Wired and Wireless), Functionality (Basic and Advanced), By Distribution Channel (Online and Offline), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published In : Feb 2025

Code : CMI5923

Pages :165

Formats :

Excel and PDF

Industry : Consumer Electronics

Cyclocomputer Market Size and Trends

The cyclocomputer market is estimated to be valued at USD 633.4 million in 2025 and is expected to reach USD 1,093.3 million by 2032, growing at a compound annual growth rate (CAGR) of 8.1% from 2025 to 2032.

Cyclocomputer sales have been rising in the recent past years owing to increasing popularity of cycling activities.

Cyclocomputer Market Key Factors

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More and more people have taken up cycling for fitness, recreation, and commuting. This has generated a strong demand for cyclocomputers which help track metrics like speed, distance covered, route navigation, etc. Further, the incorporation of advanced features like heart rate monitoring, voice guidance, and smartphone connectivity in modern cyclocomputers is attracting both amateur and professional cyclists. With growing health and fitness consciousness, the market for cyclocomputers is expected to continue its positive run over the next few years.

Rising popularity of cycling

The demand for cyclocomputers have been on a steady rise over the past few years owing to the growing popularity of cycling, both as a sport and as a lifestyle activity. An increasing number of people across demographics have taken interest in cycling for health, fitness, recreation and commute purposes. With cities becoming more congested and polluted, cycling offers a viable alternative for many to cover short to medium distances within urban localities. Several public initiatives around city infrastructure and road safety improvements have also motivated more individuals to consider cycling.

According to U.S.A Cycling, which is a official governing body for all disciplines of competitive cycling in the United States, in 2022, total membership figures equaled those of 2019, with adult race memberships experiencing a 7% rise as compared to 2021. Looking ahead to 2023, they predict an overall membership increase of 4%, and adult race memberships are expected to further surge by 13% compared to 2022.