EUROPE BICYCLE INFOTAINMENT SYSTEMS MARKET FORECAST 2018-2026

EUROPE BICYCLE INFOTAINMENT SYSTEMS MARKET FORECAST 2018-2026

  • April 2018 •
  • 78 pages •
  • Report ID: 5377427 •
  • Format: PDF
KEY FINDINGS
The Europe bicycle infotainment systems market is expected to progress ahead with a CAGR of 14.98% over the forecast period of 2018-2026. The rising popularity and utility of E-bikes among individuals and presence of private organizations that are indulged in the manufacturing of infotainment systems which can be installed in E-bikes and bicycles are propelling the market expansion further for this region.

MARKET INSIGHTS
In Europe, the German bicycle infotainment systems market is expected to register the highest growth.However, in terms of revenue, the UK market is expected to continue dominating the European region throughout the forecast period.

According to United Kingdom Government & Transport Ministry, around 700,000-pound competition hire schemes across the United Kingdom has been launched with hundreds of new electric bicycles aimed at making cycling more accessible in the country. Other contributors to the Europe bicycle infotainment market are France, Spain and rest of Europe.

COMPETITIVE INSIGHTS
Market giants like Polar Electro Inc, Giant Manufacturing Co. Ltd, Beeline Bikes Inc (Acquired By Accell Group), Wahoo Fitness L.L.C, Sigma Sport, Hammerhead, Magellan, Cobi Bike Gmbh, Cateye Co. Ltd, Garmin, Vudu7, and Lezyne are engaged in this region.