The cyclocomputer market has gained significant attention in recent years. A cyclocomputer is an electronic device that is mounted on bicycles to measure and display various ride statistics and metrics to the cyclist. Some of the key parameters measured include distance, time, average and maximum speeds, trip durations, and others. Cyclocomputers enable cyclists to track their performance over periods and improve upon their fitness. The growing awareness regarding health and fitness has boosted cycling as an exercising activity globally. This has positively impacted the demand for cyclocomputers from recreational and competitive cyclists.
The global cyclocomputer market is estimated to be valued at US$ 625.43 Bn in 2024 and is expected to exhibit a CAGR of 4.8% over the forecast period of 2024 to 2031.
Cyclocomputers offer key advantages like accurate real-time tracking of speed, distance, and other vital metrics. They help cyclists evaluate their performance, pace themselves during training or racing, and achieve fitness goals. The growing bicycling culture and infrastructure development in many countries has significantly boosted the need for cyclocomputers to track metrics and optimize cycling experience.
Key Takeaways
Key players operating in the cyclocomputer market are Morita Corporation, Alpha Dent Implants Ltd., Shofu Dental Corporation, Coltene Group, 3M Company, Institut Straumann AG, Zimmer Biomet, Dentsply Sirona Inc., DiaDent Group International, and Essential Dental Systems Inc., among others. These companies are focused on developing innovative products with enhanced features to capitalize on market opportunities.
The key opportunities in the Cyclocomputer Market Size lie in integrating advanced technologies like GPS, ANT+, Bluetooth to offer connected training experience. Many companies are developing apps that can sync data recorded by cyclocomputers for detailed analysis on larger screens. This allows cyclists to access in-depth metrics, training plans, and leaderboards on their smartphones and computers.
The global cyclocomputer market is witnessing strong growth in developed regions of North America and Europe due to high cycling participation. However, companies are also focusing on emerging markets of Asia Pacific and Latin America considering their large population and rising living standards driving fitness activities like cycling. Manufacturers are investing in distribution expansion, brand campaign, and endorsement deals in these regions.
Market drivers:
The primary driver for the cyclocomputer market is the increasing popularity of cycling as a fitness activity globally due to health and environment benefits. Many governments are encouraging cycling through dedicated infrastructure development. This is positively impacting the demand for cyclocomputers for accurate tracking of metrics.
Market restraints:
The major restraint for the cyclocomputer industry is the availability of free mobile apps and wearables that offer basic cycling metrics. Many cyclists, especially recreational ones, rely on free alternatives, thus limiting the potential consumer base for dedicated cyclocomputers. However, advanced features of cyclocomputers related to accuracy, connectivity, and syncing give them an edge over basic free options.
Segment Analysis
The cyclocomputer segment is dominating the market as it provides essential cycling features and data to cyclists like speed, distance, time and calories burnt. Cyclocomputers are preferred as they are affordable GPS devices for cyclists displaying key ride metrics in real-time. Within cyclocomputers, wireless and connected devices are gaining popularity among amateur and professional cyclists as they offer compatibility with smartphone apps and training/navigation features without the need to carry a phone.
Global Analysis
In terms of regional analysis, North America dominates the cyclocomputer market led by the US owing to higher adoption of bicycles for recreation and fitness purposes. Growing health awareness and eco-friendly trends are encouraging cycling activities. Europe is the fastest growing region due to considerable presence of global players and infrastructure developments promoting cycling travel. Asia Pacific is witnessing strong growth with expanding middle class population taking up cycling as a hobby in China, Japan and India along with government initiatives of developing cycling tracks in major cities.
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Non-Small Cell Lung Cancer Market is Expected to Increase With a CAGR of 10.7% for the Study Period of 2017-2030: DelveInsight (Albany, US) DelveInsight has introduced a new Market Insights, Epidemiology, and Market Forecast Report on "Non-Small Cell Lung Cancer Market Insights, Epidemiology, and Market Forecast-2030" to its portfolio.Key Highlights from report are:As per the DelveInsight analysis, the total incident cases of NSCLC in the 7MM were observed to be 484,726 cases in the year 2017.
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Pipeline analysis across different stages of development (Phase III and Phase II), different emerging trends and comparative analysis of pipeline products with comprehensive clinical profiles, key cross-competition, launch date along with product development activities.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
This report studies the global market size of Pressure Infusion Cuffs in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Pressure Infusion Cuffs in these regions.
This report also studies the global Pressure Infusion Cuffs market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
AC Cossor & Son (Surgical)
Market size by End User
