Smart Bicycle Accessories Market

Smart Bicycle Accessories Market Study by Smart Helmets, Smart Gloves, Smart Locks, Smart Lights, Smart Sensors, Smart Bicycle Computers & Navigators, and Smart Power Meters from 2024 to 2034

Analysis of Smart Bicycle Accessories Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Smart Bicycle Accessories Market Outlook (2024 to 2034)

A recent industry analysis done by Fact.MR reveals that the global smart bicycle accessories market will reach a value of US$ 1.61 billion in 2024 and is projected to further expand at a CAGR of 9.2% to climb to US$ 3.89 billion by the end of 2034.

A bicycle attachment aimed at improving performance and functionality, typically equipped with Bluetooth or other connectivity features, is referred to as a smart bicycle accessory. These accessories encompass a range of tools designed to enhance safety and self-sufficiency during cycling journeys. They are particularly beneficial for professional cyclists, aiding in efficiency improvement and race or training safety.

The integration of GPS technology into bicycles represents a notable advancement in the market with the emergence of bike phone holders. Augmented reality displays are projected to offer real-time data and information in the future.

  • Recently, Nordic Semiconductor launched the world’s first Narrowband-Internet of Things (NB-IOT) cycle security tracker, which locates and protects cycles.
Report Attributes Details
Smart Bicycle Accessories Market Size (2023A) US$ 1.48 Billion
Estimated Market Value (2024E) US$ 1.61 Billion
Forecasted Market Value (2034F) US$ 3.89 Billion
Global Market Growth Rate
(2024 to 2034)
9.2% CAGR
China Market Size (2023A) US$ 495.9 Million
United States Market Growth
(2024 to 2034)
8.3% CAGR
Key Companies Profiled
  • 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
  • Others

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Which Smart Bicycle Accessories Market Trends are Manufacturers Eyeing to Gain Profits?

“Rapid Product Technological Advancements”

GPS-enabled bicycle computers and navigation devices provide cyclists with accurate mapping, turn-by-turn directions, and route planning features. These devices also track metrics such as speed, distance, elevation, and route history, enhancing navigation and exploration capabilities.

  • Garmin introduced the Edge 1040 GPS bike computer with solar charging and multi-band GNSS technology. It features an intercom for calls and speakers, breathable smart gloves for cold weather, touch-sensitive nonslip palms, an adaptive bike light, and a Bluetooth smart lock for enhanced bicycle security.

Customizing accessories becomes seamless with AI and IoT integration, enabling connectivity among bicycles, smartphones, and other devices. AI algorithms offer personalized insights, optimizing performance and safety based on user data and environmental factors.

Manufacturers are utilizing lightweight materials, thereby improving the speed for riders. Technological advancements significantly influence cycling cultures and contribute to the expansion of the smart bicycle accessory market size.

“Need to Reduce Vulnerability of Cyclists to Accidents in Low-visibility Conditions”

Cyclists are investing heavily in ensuring safety and security, as they are more vulnerable to accidents at night. Lack of visibility is the main reason for accidents involving cyclists. Smart bike lights, such as LED lights on wheel rims for enhanced visibility and smart helmets with automated brake lights and turn signals, improve safety by improving communication with motorists. All these factors are projected to lead to electric bike accessories market growth.

“Government Initiatives Promoting Cycling as Sustainable Transportation Alternative”

Due to rising concerns about air pollution and traffic congestion, governments of developed countries are promoting sustainable and environmentally friendly alternatives to vehicles, such as cycling. Schemes like 'cycle to work' have been promoted by the governments of the United Kingdom, the Netherlands, Italy, France, and Belgium.

Proper cycling infrastructure is being provided for the successful implementation of these schemes. The United Kingdom is offering bicycles to employees at a discounted price. The government has begun providing subsidies of up to US$ 1,000 for the purchase of bicycle accessories. These initiatives are raising awareness among citizens, resulting in a rise in demand for smart bicycle accessories.

  • According to the European Commission, bicycle production in the EU reached 14.7 million units in 2022, marking a 29% increase compared to levels in 2012.

What are the Obstacles Faced by Manufacturers of Smart Bicycle Accessories?

“Cybersecurity Threats Limiting Smart Bicycle Accessories Market Growth"

With the increasing connectivity of smart bicycle accessories to the internet and other devices, cybersecurity threats become a significant concern. Malicious actors could exploit vulnerabilities in software or hardware components to access personal data, compromise device functionality, or even cause safety hazards. Ensuring robust cybersecurity measures and regularly updating software to address vulnerabilities are crucial to mitigating this threat.

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Country-wise Insights

Why is China a Key Manufacturers of Smart Bicycle Accessories?

“Focus on Construction of Dedicated Cycling Infrastructure”

China is estimated to hold 70% smart bicycle accessories market share in East Asia in 2024. China is known as the 'Kingdom of Bicycles'. The Chinese Ministry of Housing and Urban-Rural Development promotes the construction of urban bicycle and pedestrian transportation systems to build cycle-friendly cities. In Beijing, in 2019, a 6.5 km long cycling-only road named as “bicycle highway” was opened. For the past couple of years, China has been facing the issues of rising air pollution levels and traffic congestion. The frequent conflict between cyclists and motorists creates the need for smart accessories in China.

  • According to the Chinese Cycling Association, more than 20 million people will participate in cycling in 2022. This growing popularity of cycling will also improve the demand for smart bicycle accessories.

What are the Factors Driving Demand for Smart Bicycle Accessories in the Netherlands?

“Robust Cycling Culture and Vast Network of Bicycle Tracks”

The Netherlands is known for its cycling culture, as it is the only country that has a greater number of bicycles than its population. Bicycles are used as a replacement for public transport and passenger cars. The country has a 35,000 km bicycle track. Also, the government supports cycling commuting by providing bicycles to children from poor families.

Good-quality bicycles are made available at train stations. This impressive infrastructure and government policies encourage people to use bicycles. Start-ups are emerging in the country in the e-bike domain.

  • UNIT 1 is one such start-up that designs and manufactures smart helmets. FARO Helmet is a well-known product from the company, specially designed to effectively protect the rider in the event of crashes.

Category-wise Insights

Why is Adoption of Smart Helmets Gaining Traction?

"Lightweight Design, Stylish Appearance, and Safety Features of Smart Helmets"

Global demand for smart helmets is estimated at a market value of US$ 444.9 million in 2024 and is projected to reach a valuation of US$ 1.06 billion, increasing at a 9% CAGR over the next ten years.

The stylish appearance of smart bicycle helmets, in addition to ensuring the safety of the cyclist's head, is a key factor that attracts customers. Bicycle helmets are lightweight with perfect fittings to comfort the wearer. Features like location tracking, smart safety lights, turn signals, and action cameras make the cyclist's journey easier and safer.

Cycling at night is challenging, but integrated LED lights in helmets enhance visibility, keeping cyclists safe during night rides and letting other traffic participants anticipate their next move. Bluetooth connectivity, speakers, and heart rate measurement and speed tracking are now feasible due to technological advancements. Demand for smart bicycle helmets is driven by a combination of advanced technology, integrated communication systems enabling hands-free calls during rides, and real-time performance data tracking for cyclists.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Competition Analysis

Garmin Ltd., Sigma Sport, Linka, and Robert Bosch GmbH are key players in the smart bicycle accessories industry. Manufacturers are constantly launching new and innovative products such as e-bike conversion kits, bike handlebar bags, portable bike pumps, and various cycling safety lights for the benefit of riders.

  • On 11 May 2023, Garmin Ltd. announced the launch of GPS-based bike computers, Edge 540 & and Edge 840. The company is gaining a competitive edge by investing in R&D to stay relevant to its customers.
  • In 2019, the designer and manufacturer of indoor bike trainers, tools, and accessories such as smart bicycles and indoor training software, Tacx Onroerened En Roerend Goed, was acquired by Garmin Ltd. The motive was to leverage the outstanding expertise and skills of the Tacx team to provide seamless indoor and outdoor experiences for athletes year-round.
  • In 2017, Robert Bosch GmbH acquired COBI Bike GmbH to broaden its product portfolio in connected products and services. This strategic move aimed to develop an advanced connected e-bike system aligned with the changing preferences of e-bike riders.

Fact.MR has provided detailed information about the price points of key manufacturers of smart bicycle accessories positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Smart Bicycle Accessories Market Research

  • By Product :

    • Smart Helmets
    • Smart Gloves
    • Smart Locks
    • Smart Lights
    • Smarts Sensors
    • Smart Bicycle Computers & Navigators
    • Smart Power Meters
  • By Sales Channel :

    • Offline
    • Online
  • By Region :

    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • East Asia
    • South Asia & Pacific
    • Middle East & Africa

Table of Content

1. Market - Executive Summary

2. Global Market Overview

    2.1. Market Definition and Introduction

    2.2. Market Taxonomy/ Research Scope

3. Market Background and Foundation Data

    3.1. Global Bicycle Market Overview, 2019-2024

    3.2. Top Bicycle Manufacturing Countries and Volume Produced, 2019-2023

    3.3. Global Import and Export Data, 2019-23

        3.3.1. By Region

            3.3.1.1. Volume

            3.3.1.2. Value

        3.3.2. By Key Countries

            3.3.2.1. Volume

            3.3.2.2. Value

    3.4. Smart Bicycle Market Overview, 2019-2034

        3.4.1. By Region

        3.4.2. By Product

        3.4.3. By Sales Channel

    3.5. Key Market Players and Manufacturing Capacities, 2023

    3.6. Market Regulations on By Country

    3.7. Market Opportunity Assessment

        3.7.1. Total Available Market (US$ Mn)

        3.7.2. Serviceable Addressable Market (US$ Mn)

        3.7.3. Serviceable Obtainable Market (US$ Mn)

    3.8. Market White Space Assessment

    3.9. Market Dynamics

        3.9.1. Market Growth Drivers

        3.9.2. Market Restraints

        3.9.3. Market Opportunity

        3.9.4. Market Trends

    3.10. Industry Supply Chain Analysis

        3.10.1. Value Added at Each Node of Supply Chain

        3.10.2. Gross Profitability Margins (at Every Level)

            3.10.2.1. List of Prominent Producers

            3.10.2.2. List of Distributors

    3.11. Forecast and Macro-Economic Factors – Relevance and Impact

4. End-user Consumer Survey Analysis

    4.1. End-user Survey Analysis

        4.1.1. By Industry Type

        4.1.2. By Revenue Levels

        4.1.3. By Regional Presence

    4.2. Brand Popularity Analysis

        4.2.1. By Key Brands

            4.2.1.1. By Regions

            4.2.1.2. By Countries

5. Global Demand (Units) Analysis and Forecast

    5.1. Historical Market Volume (Units) Analysis, 2019-2023

    5.2. Current and Future Market Volume (Units) Projections, 2024-2034

    5.3. Y-o-Y Volume Growth Trend Analysis

6. Global - Pricing Analysis

    6.1. Regional Pricing Analysis

    6.2. Factors Affecting Pricing

    6.3. Global Average Pricing Analysis Benchmark

7. Global Market Value (US$ Mn) Analysis and Forecast

    7.1. Historical Market Value (US$ Mn) Analysis, 2019-2023

    7.2. Current and Future Market Value (US$ Mn) Projections, 2024-2034

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Global Market Analysis and Forecast, By Product

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis, By Product, 2019-2023

    8.3. Current and Future Market Size (US$ Mn) Analysis and Volume (Units) Forecast, By Product, 2024-2034

        8.3.1. Smart Helmets

        8.3.2. Smart Gloves

        8.3.3. Smart Locks

        8.3.4. Smart Lights

        8.3.5. Smart Sensors

        8.3.6. Smart Bicycle Computers & Navigators

        8.3.7. Smart Power Meters

    8.4. Market Attractiveness Analysis, By Product

9. Global Market Analysis and Forecast, By Sales Channel

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis, By Sales Channel, 2019-2023

    9.3. Current and Future Market Size (US$ Mn) Analysis and Volume (Units) Forecast By Sales Channel, 2024-2034

        9.3.1. Offline

        9.3.2. Online

    9.4. Market Attractiveness Analysis, By Sales Channel

10. Global Market Analysis and Forecast, By Region

    10.1. Introduction

    10.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis, By Region, 2019-2023

    10.3. Current Market Size (US$ Mn) Analysis and Volume (Units) Forecast By Region, 2024-2034

        10.3.1. North America

        10.3.2. Latin America

        10.3.3. Western Europe

        10.3.4. Eastern Europe

        10.3.5. East Asia

        10.3.6. South Asia & Pacific

        10.3.7. Middle East & Africa

    10.4. Market Attractiveness Analysis, By Region

11. North America Market Analysis and Forecast

    11.1. Introduction / Key Findings

    11.2. Pricing Analysis

    11.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis, By Market Taxonomy, 2019-2023

    11.4. Market Size (US$ Mn) and Volume (Units) Forecast By Market Taxonomy, 2024 - 2034

        11.4.1. By Country

            11.4.1.1. U.S.

            11.4.1.2. Canada

        11.4.2. By Product

        11.4.3. By Sales Channel

    11.5. Market Attractiveness Analysis

        11.5.1. By Country

        11.5.2. By Product

        11.5.3. By Sales Channel

12. Latin America Market Analysis and Forecast

    12.1. Introduction / Key Findings

    12.2. Pricing Analysis

    12.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis, By Market Taxonomy, 2019-2023

    12.4. Market Size (US$ Mn) and Volume (Units) Forecast By Market Taxonomy, 2024 - 2034

        12.4.1. By Country

            12.4.1.1. Brazil

            12.4.1.2. Mexico

            12.4.1.3. Argentina

            12.4.1.4. Rest of Latin America

        12.4.2. By Product

        12.4.3. By Sales Channel

    12.5. Market Attractiveness Analysis

        12.5.1. By Country

        12.5.2. By Product

        12.5.3. By Sales Channel

13. Western Europe Market Analysis and Forecast

    13.1. Introduction / Key Findings

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis, By Market Taxonomy, 2019-2023

    13.4. Market Size (US$ Mn) and Volume (Units) Forecast By Market Taxonomy, 2024 - 2034

        13.4.1. By Country

            13.4.1.1. Germany

            13.4.1.2. Italy

            13.4.1.3. France

            13.4.1.4. U.K.

            13.4.1.5. Spain

            13.4.1.6. Netherland

            13.4.1.7. Nordics

            13.4.1.8. Rest of Europe

        13.4.2. By Product

        13.4.3. By Sales Channel

    13.5. Market Attractiveness Analysis

        13.5.1. By Product

        13.5.2. By Sales Channel

14. Eastern Europe Market Analysis and Forecast

    14.1. Introduction / Key Findings

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis, By Market Taxonomy, 2019-2023

    14.4. Market Size (US$ Mn) and Volume (Units) Forecast By Market Taxonomy, 2024 - 2034

        14.4.1. By Country

            14.4.1.1. Russia

            14.4.1.2. Hungary

            14.4.1.3. Poland

            14.4.1.4. Balkan & Baltics Region

            14.4.1.5. Rest of Eastern Europe

        14.4.2. By Product

        14.4.3. By Sales Channel

    14.5. Market Attractiveness Analysis

        14.5.1. By Product

        14.5.2. By Sales Channel

15. East Asia Market Analysis and Forecast

    15.1. Introduction / Key Findings

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis, By Market Taxonomy, 2019-2023

    15.4. Market Size (US$ Mn) and Volume (Units) Forecast By Market Taxonomy, 2024 - 2034

        15.4.1. By Country

            15.4.1.1. China

            15.4.1.2. Japan

            15.4.1.3. South Korea

        15.4.2. By Product

        15.4.3. By Sales Channel

    15.5. Market Attractiveness Analysis

        15.5.1. By Product

        15.5.2. By Sales Channel

16. South Asia & Oceania Market Analysis and Forecast

    16.1. Introduction / Key Findings

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis, By Market Taxonomy, 2019-2023

    16.4. Market Size (US$ Mn) and Volume (Units) Forecast By Market Taxonomy, 2024 - 2034

        16.4.1. By Country

            16.4.1.1. India

            16.4.1.2. Thailand

            16.4.1.3. Indonesia

            16.4.1.4. Malaysia

            16.4.1.5. ANZ

            16.4.1.6. Rest of South Asia & Oceania

        16.4.2. By Product

        16.4.3. By Sales Channel

    16.5. Market Attractiveness Analysis

        16.5.1. By Product

        16.5.2. By Sales Channel

17. Middle East & Africa Market Analysis and Forecast

    17.1. Introduction / Key Findings

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis, By Market Taxonomy, 2019-2023

    17.4. Market Size (US$ Mn) and Volume (Units) Forecast By Market Taxonomy, 2024 - 2034

        17.4.1. By Country

            17.4.1.1. GCC Countries

            17.4.1.2. Turkey

            17.4.1.3. Northern Africa

            17.4.1.4. South Africa

            17.4.1.5. Rest of Middle East and Africa

        17.4.2. By Product

        17.4.3. By Sales Channel

    17.5. Market Attractiveness Analysis

        17.5.1. By Product

        17.5.2. By Sales Channel

18. Country-level Market Analysis and Forecast

    18.1. Introduction / Key Findings

        18.1.1. Market Value Proportion Analysis, By Key Countries

        18.1.2. Global Vs. Country Growth Comparison

    18.2. US Market Analysis

        18.2.1. Value Proportion Analysis, By Market Taxonomy

        18.2.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.2.2.1. By Product

            18.2.2.2. By Sales Channel

    18.3. Canada Market Analysis

        18.3.1. Value Proportion Analysis, By Market Taxonomy

        18.3.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.3.2.1. By Product

            18.3.2.2. By Sales Channel

    18.4. Brazil Market Analysis

        18.4.1. Value Proportion Analysis, By Market Taxonomy

        18.4.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.4.2.1. By Product

            18.4.2.2. By Sales Channel

    18.5. Mexico Market Analysis

        18.5.1. Value Proportion Analysis, By Market Taxonomy

        18.5.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.5.2.1. By Product

            18.5.2.2. By Sales Channel

    18.6. Argentina Market Analysis

        18.6.1. Value Proportion Analysis, By Market Taxonomy

        18.6.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.6.2.1. By Product

            18.6.2.2. By Sales Channel

    18.7. Germany Market Analysis

        18.7.1. Value Proportion Analysis, By Market Taxonomy

        18.7.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.7.2.1. By Product

            18.7.2.2. By Sales Channel

    18.8. France Market Analysis

        18.8.1. Value Proportion Analysis, By Market Taxonomy

        18.8.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.8.2.1. By Product

            18.8.2.2. By Sales Channel

    18.9. Italy Market Analysis

        18.9.1. Value Proportion Analysis, By Market Taxonomy

        18.9.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.9.2.1. By Product

            18.9.2.2. By Sales Channel

    18.10. Spain Market Analysis

        18.10.1. Value Proportion Analysis, By Market Taxonomy

        18.10.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.10.2.1. By Product

            18.10.2.2. By Sales Channel

    18.11. Netherland Market Analysis

        18.11.1. Value Proportion Analysis, By Market Taxonomy

        18.11.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.11.2.1. By Product

            18.11.2.2. By Sales Channel

    18.12. Nordics Market Analysis

        18.12.1. Value Proportion Analysis, By Market Taxonomy

        18.12.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.12.2.1. By Product

            18.12.2.2. By Sales Channel

    18.13. U.K. Market Analysis

        18.13.1. Value Proportion Analysis, By Market Taxonomy

        18.13.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.13.2.1. By Product

            18.13.2.2. By Sales Channel

    18.14. China Market Analysis

        18.14.1. Value Proportion Analysis, By Market Taxonomy

        18.14.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.14.2.1. By Product

            18.14.2.2. By Sales Channel

    18.15. Japan Market Analysis

        18.15.1. Value Proportion Analysis, By Market Taxonomy

        18.15.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.15.2.1. By Product

            18.15.2.2. By Sales Channel

    18.16. South Korea Market Analysis

        18.16.1. Value Proportion Analysis, By Market Taxonomy

        18.16.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.16.2.1. By Product

            18.16.2.2. By Sales Channel

    18.17. India Market Analysis

        18.17.1. Value Proportion Analysis, By Market Taxonomy

        18.17.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.17.2.1. By Product

            18.17.2.2. By Sales Channel

    18.18. Thailand Market Analysis

        18.18.1. Value Proportion Analysis, By Market Taxonomy

        18.18.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.18.2.1. By Product

            18.18.2.2. By Sales Channel

    18.19. Indonesia Market Analysis

        18.19.1. Value Proportion Analysis, By Market Taxonomy

        18.19.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.19.2.1. By Product

            18.19.2.2. By Sales Channel

    18.20. Malaysia Market Analysis

        18.20.1. Value Proportion Analysis, By Market Taxonomy

        18.20.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.20.2.1. By Product

            18.20.2.2. By Sales Channel

    18.21. Australia Market Analysis

        18.21.1. Value Proportion Analysis, By Market Taxonomy

        18.21.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.21.2.1. By Product

            18.21.2.2. By Sales Channel

    18.22. Market Analysis

        18.22.1. Value Proportion Analysis, By Market Taxonomy

        18.22.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.22.2.1. By Product

            18.22.2.2. By Sales Channel

    18.23. GCC Countries Market Analysis

        18.23.1. Value Proportion Analysis, By Market Taxonomy

        18.23.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.23.2.1. By Product

            18.23.2.2. By Sales Channel

    18.24. Turkey Market Analysis

        18.24.1. Value Proportion Analysis, By Market Taxonomy

        18.24.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.24.2.1. By Product

            18.24.2.2. By Sales Channel

    18.25. Northern Africa Market Analysis

        18.25.1. Value Proportion Analysis, By Market Taxonomy

        18.25.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.25.2.1. By Product

            18.25.2.2. By Sales Channel

    18.26. South Africa Market Analysis

        18.26.1. Value Proportion Analysis, By Market Taxonomy

        18.26.2. Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy, 2019-2034

            18.26.2.1. By Product

            18.26.2.2. By Sales Channel

19. Market Structure Analysis

    19.1. Market Analysis, By Tier of Companies

    19.2. Market Concentration of Players

    19.3. Market Share Analysis of Top Players

    19.4. Market Space for Upcoming Manufacturers and Dollar Opportunity

    19.5. Market Presence Analysis

        19.5.1. By Regional footprint of Players

        19.5.2. Product footprint by Players

        19.5.3. Channel footprint by Players

20. Market Competition Analysis

    20.1. Competition Dashboard

    20.2. Pricing Analysis, By Competition

    20.3. Competition Benchmarking of Products

    20.4. Competition Deep Dive:

    20.5. Global Brands

        20.5.1. Garmin Ltd.

            20.5.1.1. Overview

            20.5.1.2. Product Portfolio

            20.5.1.3. Key Financials

            20.5.1.4. Sales Footprint

            20.5.1.5. SWOT Analysis

            20.5.1.6. Key Developments

            20.5.1.7. Strategy Overview

        20.5.2. Pioneer Corp.

            20.5.2.1. Overview

            20.5.2.2. Product Portfolio

            20.5.2.3. Key Financials

            20.5.2.4. Sales Footprint

            20.5.2.5. SWOT Analysis

            20.5.2.6. Key Developments

            20.5.2.7. Strategy Overview

        20.5.3. Polar Electro

            20.5.3.1. Overview

            20.5.3.2. Product Portfolio

            20.5.3.3. Key Financials

            20.5.3.4. Sales Footprint

            20.5.3.5. SWOT Analysis

            20.5.3.6. Key Developments

            20.5.3.7. Strategy Overview

        20.5.4. LIVALL

            20.5.4.1. Overview

            20.5.4.2. Product Portfolio

            20.5.4.3. Key Financials

            20.5.4.4. Sales Footprint

            20.5.4.5. SWOT Analysis

            20.5.4.6. Key Developments

            20.5.4.7. Strategy Overview

        20.5.5. Sena

            20.5.5.1. Overview

            20.5.5.2. Product Portfolio

            20.5.5.3. Key Financials

            20.5.5.4. Sales Footprint

            20.5.5.5. SWOT Analysis

            20.5.5.6. Key Developments

            20.5.5.7. Strategy Overview

        20.5.6. Robert Bosch

            20.5.6.1. Overview

            20.5.6.2. Product Portfolio

            20.5.6.3. Key Financials

            20.5.6.4. Sales Footprint

            20.5.6.5. SWOT Analysis

            20.5.6.6. Key Developments

            20.5.6.7. Strategy Overview

        20.5.7. Cobi Bike

            20.5.7.1. Overview

            20.5.7.2. Product Portfolio

            20.5.7.3. Key Financials

            20.5.7.4. Sales Footprint

            20.5.7.5. SWOT Analysis

            20.5.7.6. Key Developments

            20.5.7.7. Strategy Overview

        20.5.8. Others Players

            20.5.8.1. Overview

            20.5.8.2. Product Portfolio

            20.5.8.3. Key Financials

            20.5.8.4. Sales Footprint

            20.5.8.5. SWOT Analysis

            20.5.8.6. Key Developments

            20.5.8.7. Strategy Overview

21. Assumptions & Acronyms Used

22. Research Methodology

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List Of Table

Table 01. Global Market Value (US$ million) by Region, 2019-2023

Table 02. Global Market Value (US$ million) and Forecast by Region, 2024-2034

Table 03. Global Market Volume (Units) by Region, 2019-2023

Table 04. Global Market Volume (Units) and Forecast by Region, 2024-2034

Table 05. Global Market Value (US$ million) By Product Type, 2019-2023

Table 06. Global Market Value (US$ million) and Forecast By Product Type, 2024-2034

Table 07. Global Market Volume (Units) By Product Type, 2019-2023

Table 08. Global Market Volume (Units) and Forecast By Product Type, 2024-2034

Table 09. Global Market Value (US$ million) By Sales Channel, 2019-2023

Table 10. Global Market Value (US$ million) and Forecast By Sales Channel, 2024-2034

Table 11. Global Market Volume (Units) By Sales Channel, 2019-2023

Table 12. Global Market Volume (Units) and Forecast By Sales Channel, 2024-2034

Table 13. North America Market Value (US$ million) by Country, 2019-2023

Table 14. North America Market Value (US$ million) and Forecast by Country, 2024-2034

Table 15. North America Market Volume (Units) by Country, 2019-2023

Table 16. North America Market Volume (Units) and Forecast by Country, 2024-2034

Table 17. North America Market Value (US$ million) By Product Type, 2019-2023

Table 18. North America Market Value (US$ million) and Forecast By Product Type, 2024-2034

Table 19. North America Market Volume (Units) By Product Type, 2019-2023

Table 20. North America Market Volume (Units) and Forecast By Product Type, 2024-2034

Table 21. North America Market Value (US$ million) By Sales Channel, 2019-2023

Table 22. North America Market Value (US$ million) and Forecast By Sales Channel, 2024-2034

Table 23. North America Market Volume (Units) By Sales Channel, 2019-2023

Table 24. North America Market Volume (Units) and Forecast By Sales Channel, 2024-2034

Table 25. Latin America Market Value (US$ million) by Country, 2019-2023

Table 26. Latin America Market Value (US$ million) and Forecast by Country, 2024-2034

Table 27. Latin America Market Volume (Units) by Country, 2019-2023

Table 28. Latin America Market Volume (Units) and Forecast by Country, 2024-2034

Table 29. Latin America Market Value (US$ million) By Product Type, 2019-2023

Table 30. Latin America Market Value (US$ million) and Forecast By Product Type, 2024-2034

Table 31. Latin America Market Volume (Units) By Product Type, 2019-2023

Table 32. Latin America Market Volume (Units) and Forecast By Product Type, 2024-2034

Table 33. Latin America Market Value (US$ million) By Sales Channel, 2019-2023

Table 34. Latin America Market Value (US$ million) and Forecast By Sales Channel, 2024-2034

Table 35. Latin America Market Volume (Units) By Sales Channel, 2019-2023

Table 36. Latin America Market Volume (Units) and Forecast By Sales Channel, 2024-2034

Table 37. Western Europe Market Value (US$ million) by Country, 2019-2023

Table 38. Western Europe Market Value (US$ million) and Forecast by Country, 2024-2034

Table 39. Western Europe Market Volume (Units) by Country, 2019-2023

Table 40. Western Europe Market Volume (Units) and Forecast by Country, 2024-2034

Table 41. Western Europe Market Value (US$ million) By Product Type, 2019-2023

Table 42. Western Europe Market Value (US$ million) and Forecast By Product Type, 2024-2034

Table 43. Western Europe Market Volume (Units) By Product Type, 2019-2023

Table 44. Western Europe Market Volume (Units) and Forecast By Product Type, 2024-2034

Table 45. Western Europe Market Value (US$ million) By Sales Channel, 2019-2023

Table 46. Western Europe Market Value (US$ million) and Forecast By Sales Channel, 2024-2034

Table 47. Western Europe Market Volume (Units) By Sales Channel, 2019-2023

Table 48. Western Europe Market Volume (Units) and Forecast By Sales Channel, 2024-2034

Table 49. Eastern Europe Market Value (US$ million) by Country, 2019-2023

Table 50. Eastern Europe Market Value (US$ million) and Forecast by Country, 2024-2034

Table 51. Eastern Europe Market Volume (Units) by Country, 2019-2023

Table 52. Eastern Europe Market Volume (Units) and Forecast by Country, 2024-2034

Table 53. Eastern Europe Market Value (US$ million) By Product Type, 2019-2023

Table 54. Eastern Europe Market Value (US$ million) and Forecast By Product Type, 2024-2034

Table 55. Eastern Europe Market Volume (Units) By Product Type, 2019-2023

Table 56. Eastern Europe Market Volume (Units) and Forecast By Product Type, 2024-2034

Table 57. Eastern Europe Market Value (US$ million) By Sales Channel, 2019-2023

Table 58. Eastern Europe Market Value (US$ million) and Forecast By Sales Channel, 2024-2034

Table 59. Eastern Europe Market Volume (Units) By Sales Channel, 2019-2023

Table 60. Eastern Europe Market Volume (Units) and Forecast By Sales Channel, 2024-2034

Table 61. East Asia Market Value (US$ million) by Country, 2019-2023

Table 62. East Asia Market Value (US$ million) and Forecast by Country, 2024-2034

Table 63. East Asia Market Volume (Units) by Country, 2019-2023

Table 64. East Asia Market Volume (Units) and Forecast by Country, 2024-2034

Table 65. East Asia Market Value (US$ million) By Product Type, 2019-2023

Table 66. East Asia Market Value (US$ million) and Forecast By Product Type, 2024-2034

Table 67. East Asia Market Volume (Units) By Product Type, 2019-2023

Table 68. East Asia Market Volume (Units) and Forecast By Product Type, 2024-2034

Table 69. East Asia Market Value (US$ million) By Sales Channel, 2019-2023

Table 70. East Asia Market Value (US$ million) and Forecast By Sales Channel, 2024-2034

Table 71. East Asia Market Volume (Units) By Sales Channel, 2019-2023

Table 72. East Asia Market Volume (Units) and Forecast By Sales Channel, 2024-2034

Table 73. South Asia & Pacific Market Value (US$ million) by Country, 2019-2023

Table 74. South Asia & Pacific Market Value (US$ million) and Forecast by Country, 2024-2034

Table 75. South Asia & Pacific Market Volume (Units) by Country, 2019-2023

Table 76. South Asia & Pacific Market Volume (Units) and Forecast by Country, 2024-2034

Table 77. South Asia & Pacific Market Value (US$ million) By Product Type, 2019-2023

Table 78. South Asia & Pacific Market Value (US$ million) and Forecast By Product Type, 2024-2034

Table 79. South Asia & Pacific Market Volume (Units) By Product Type, 2019-2023

Table 80. South Asia & Pacific Market Volume (Units) and Forecast By Product Type, 2024-2034

Table 81. South Asia & Pacific Market Value (US$ million) By Sales Channel, 2019-2023

Table 82. South Asia & Pacific Market Value (US$ million) and Forecast By Sales Channel, 2024-2034

Table 83. South Asia & Pacific Market Volume (Units) By Sales Channel, 2019-2023

Table 84. South Asia & Pacific Market Volume (Units) and Forecast By Sales Channel, 2024-2034

Table 85. MEA Market Value (US$ million) by Country, 2019-2023

Table 86. MEA Market Value (US$ million) and Forecast by Country, 2024-2034

Table 87. MEA Market Volume (Units) by Country, 2019-2023

Table 88. MEA Market Volume (Units) and Forecast by Country, 2024-2034

Table 89. MEA Market Value (US$ million) By Product Type, 2019-2023

Table 90. MEA Market Value (US$ million) and Forecast By Product Type, 2024-2034

Table 91. MEA Market Volume (Units) By Product Type, 2019-2023

Table 92. MEA Market Volume (Units) and Forecast By Product Type, 2024-2034

Table 93. MEA Market Value (US$ million) By Sales Channel, 2019-2023

Table 94. MEA Market Value (US$ million) and Forecast By Sales Channel, 2024-2034

Table 95. MEA Market Volume (Units) By Sales Channel, 2019-2023

Table 96. MEA Market Volume (Units) and Forecast By Sales Channel, 2024-2034

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List Of Figures

Figure 01. Global Market Value (US$ million) and Volume (Units) Forecast, 2024-2034

Figure 02. Global Market Absolute $ Opportunity (US$ million), 2024-2034

Figure 03. Global Market Value (US$ million) and Volume (Units) by Region, 2024 & 2034

Figure 04. Global Market Y–o–Y Growth Rate by Region, 2024-2034

Figure 05. Global Market Value (US$ million) and Volume (Units) By Product Type, 2024 & 2034

Figure 06. Global Market Y–o–Y Growth Rate By Product Type, 2024-2034

Figure 07. Global Market Value (US$ million) and Volume (Units) By Sales Channel, 2024 & 2034

Figure 08. North America Market Value (US$ million) and Volume (Units) Forecast, 2024-2034

Figure 09. North America Market Absolute $ Opportunity (US$ million), 2024-2034

Figure 10. North America Market Value (US$ million) and Volume (Units) by Country, 2024 & 2034

Figure 11. North America Market Y–o–Y Growth Rate by Country, 2024-2034

Figure 12. North America Market Value (US$ million) and Volume (Units) By Product Type, 2024 & 2034

Figure 13. North America Market Y–o–Y Growth Rate By Product Type, 2024-2034

Figure 14. North America Market Value (US$ million) and Volume (Units) By Sales Channel, 2024 & 2034

Figure 15. North America Market Y–o–Y Growth Rate By Sales Channel, 2024-2034

Figure 16. North America Market Attractiveness Analysis, By Country, 2024-2034

Figure 17. North America Market Attractiveness Analysis, By Product Type, 2024-2034

Figure 18. North America Market Attractiveness Analysis, By Sales Channel, 2024-2034

Figure 19. North America Market Attractiveness Analysis, By Sales Channel, 2024-2034

Figure 20. Latin America Market Value (US$ million) and Volume (Units) Forecast, 2024-2034

Figure 21. Latin America Market Absolute $ Opportunity (US$ million), 2024-2034

Figure 22. Latin America Market Value (US$ million) and Volume (Units) by Country, 2024 & 2034

Figure 23. Latin America Market Y–o–Y Growth Rate by Country, 2024-2034

Figure 24. Latin America Market Value (US$ million) and Volume (Units) By Product Type, 2024 & 2034

Figure 25. Latin America Market Y–o–Y Growth Rate By Product Type, 2024-2034

Figure 26. Latin America Market Value (US$ million) and Volume (Units) By Sales Channel, 2024 & 2034

Figure 27. Latin America Market Y–o–Y Growth Rate By Sales Channel, 2024-2034

Figure 28. Latin America Market Attractiveness Analysis, By Country, 2024-2034

Figure 29. Latin America Market Attractiveness Analysis, By Product Type, 2024-2034

Figure 30. Latin America Market Attractiveness Analysis, By Sales Channel, 2024-2034

Figure 31. Latin America Market Attractiveness Analysis, By Sales Channel, 2024-2034

Figure 32. Western Europe Market Value (US$ million) and Volume (Units) Forecast, 2024-2034

Figure 33. Western Europe Market Absolute $ Opportunity (US$ million), 2024-2034

Figure 34. Western Europe Market Value (US$ million) and Volume (Units) by Country, 2024 & 2034

Figure 35. Western Europe Market Y–o–Y Growth Rate by Country, 2024-2034

Figure 36. Western Europe Market Value (US$ million) and Volume (Units) By Product Type, 2024 & 2034

Figure 37. Western Europe Market Y–o–Y Growth Rate By Product Type, 2024-2034

Figure 38. Western Europe Market Value (US$ million) and Volume (Units) By Sales Channel, 2024 & 2034

Figure 39. Western Europe Market Y–o–Y Growth Rate By Sales Channel, 2024-2034

Figure 40. Western Europe Market Attractiveness Analysis, By Country, 2024-2034

Figure 41. Western Europe Market Attractiveness Analysis, By Product Type, 2024-2034

Figure 42. Western Europe Market Attractiveness Analysis, By Sales Channel, 2024-2034

Figure 43. Western Europe Market Attractiveness Analysis, By Sales Channel, 2024-2034

Figure 44. Eastern Europe Market Value (US$ million) and Volume (Units) Forecast, 2024-2034

Figure 45. Eastern Europe Market Absolute $ Opportunity (US$ million), 2024-2034

Figure 46. Eastern Europe Market Value (US$ million) and Volume (Units) by Country, 2024 & 2034

Figure 47. Eastern Europe Market Y–o–Y Growth Rate by Country, 2024-2034

Figure 48. Eastern Europe Market Value (US$ million) and Volume (Units) By Product Type, 2024 & 2034

Figure 49. Eastern Europe Market Y–o–Y Growth Rate By Product Type, 2024-2034

Figure 50. Eastern Europe Market Value (US$ million) and Volume (Units) By Sales Channel, 2024 & 2034

Figure 51. Eastern Europe Market Y–o–Y Growth Rate By Sales Channel, 2024-2034

Figure 52. Eastern Europe Market Attractiveness Analysis, By Country, 2024-2034

Figure 53. Eastern Europe Market Attractiveness Analysis, By Product Type, 2024-2034

Figure 54. Eastern Europe Market Attractiveness Analysis, By Sales Channel, 2024-2034

Figure 55. Eastern Europe Market Attractiveness Analysis, By Sales Channel, 2024-2034

Figure 56. East Asia Market Value (US$ million) and Volume (Units) Forecast, 2024-2034

Figure 57. East Asia Market Absolute $ Opportunity (US$ million), 2024-2034

Figure 58. East Asia Market Value (US$ million) and Volume (Units) by Country, 2024 & 2034

Figure 59. East Asia Market Y–o–Y Growth Rate by Country, 2024-2034

Figure 60. East Asia Market Value (US$ million) and Volume (Units) By Product Type, 2024 & 2034

Figure 61. East Asia Market Y–o–Y Growth Rate By Product Type, 2024-2034

Figure 62. East Asia Market Value (US$ million) and Volume (Units) By Sales Channel, 2024 & 2034

Figure 63. East Asia Market Y–o–Y Growth Rate By Sales Channel, 2024-2034

Figure 64. East Asia Market Attractiveness Analysis, By Country, 2024-2034

Figure 65. East Asia Market Attractiveness Analysis, By Product Type, 2024-2034

Figure 66. East Asia Market Attractiveness Analysis, By Sales Channel, 2024-2034

Figure 67. South Asia & Pacific Market Value (US$ million) and Volume (Units) Forecast, 2024-2034

Figure 68. South Asia & Pacific Market Absolute $ Opportunity (US$ million), 2024-2034

Figure 69. South Asia & Pacific Market Value (US$ million) and Volume (Units) by Country, 2024 & 2034

Figure 70. South Asia & Pacific Market Y–o–Y Growth Rate by Country, 2024-2034

Figure 71. South Asia & Pacific Market Value (US$ million) and Volume (Units) By Product Type, 2024 & 2034

Figure 72. South Asia & Pacific Market Y–o–Y Growth Rate By Product Type, 2024-2034

Figure 73. South Asia & Pacific Market Value (US$ million) and Volume (Units) By Sales Channel, 2024 & 2034

Figure 74. South Asia & Pacific Market Y–o–Y Growth Rate By Sales Channel, 2024-2034

Figure 75. South Asia & Pacific Market Attractiveness Analysis, By Country, 2024-2034

Figure 76. South Asia & Pacific Market Attractiveness Analysis, By Product Type, 2024-2034

Figure 77. South Asia & Pacific Market Attractiveness Analysis, By Sales Channel, 2024-2034

Figure 78. South Asia & Pacific Market Attractiveness Analysis, By Sales Channel, 2024-2034

Figure 79. MEA Market Value (US$ million) and Volume (Units) Forecast, 2024-2034

Figure 80. MEA Market Absolute $ Opportunity (US$ million), 2024-2034

Figure 81. MEA Market Value (US$ million) and Volume (Units) by Country, 2024 & 2034

Figure 82. MEA Market Y–o–Y Growth Rate by Country, 2024-2034

Figure 83. MEA Market Value (US$ million) and Volume (Units) By Product Type, 2024 & 2034

Figure 84. MEA Market Y–o–Y Growth Rate By Product Type, 2024-2034

Figure 85. MEA Market Value (US$ million) and Volume (Units) By Sales Channel, 2024 & 2034

Figure 86. MEA Market Y–o–Y Growth Rate By Sales Channel, 2024-2034

Figure 87. MEA Market Attractiveness Analysis, By Country, 2024-2034

Figure 88. MEA Market Attractiveness Analysis, By Product Type, 2024-2034

Figure 89. MEA Market Attractiveness Analysis, By Sales Channel, 2024-2034

Figure 90. MEA Market Attractiveness Analysis, By Sales Channel, 2024-2034

Know thy Competitors

Competitive landscape highlights only certain players
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- FAQs -

What is the valuation of the smart bicycle accessories market in 2024?

The global smart bicycle accessories market, as reported by Fact.MR, is valued at US$ 1.61 billion in 2024.

What is the sales forecast for smart bicycle accessories for 2034?

Sales of smart bicycle accessories are projected to reach US$ 3.89 billion by the end of 2034.

Which product is projected to occupy a leading share of the market by 2034?

Smart helmets are projected to occupy a leading market share by 2034.

What is the demand growth projection for smart helmets from 2024 to 2034?

Demand for smart helmets is projected to increase at a CAGR of 9% through 2034.

Who are the leading players operating in the market?

Leading manufacturers of smart bicycle accessories are Garmin Ltd., Sigma Sport, Linka, and Robert Bosch GmbH.

What are the projections for the market in the United States?

The market for smart bicycle products is forecasted to expand at 8.3% CAGR in the United States.

- Also of Interest -

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Bicycle Accessory Market

Bicycle Accessory Market Study by Helmets, Gloves, Jerseys/Tees, LED Lights, Mirrors, Bottle Cages, Pumps, Bar Ends/Grips, Kickstands, Saddles & Covers, Mudflaps, and Others from 2024 to 2034

Men’s Bicycle Market

Men’s Bicycle Market Analysis by Road Bicycles, Sports Bicycles, Mountain Bicycles, and Hybrid Bicycles from 2023 to 2033

Smart Bicycle Accessories Market

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