Cycling Power Meters - Global Strategic Business Report

The global market for Cycling Power Meters is estimated at US$407.0 Million in 2023 and is projected to reach US$549.5 Million by 2030, growing at a CAGR of 4.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Technological advancements have significantly enhanced the functionality and accessibility of cycling power meters. Modern power meters are equipped with wireless connectivity, allowing seamless integration with cycling computers and smartphones for real-time data display and analysis. The advent of Bluetooth and ANT+ technology has facilitated this integration, making it easier for cyclists to monitor their performance metrics during rides. Additionally, the development of dual-sided power meters, which measure power output from both legs independently, provides more detailed insights into a cyclist’s pedaling efficiency and balance. These innovations have not only improved the accuracy and reliability of power meters but also expanded their appeal to a broader range of cyclists, from professional athletes to recreational riders seeking to enhance their performance.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Crank Arm-Based Cycling Power Meters segment, which is expected to reach US$193.3 Million by 2030 with a CAGR of a 4.9%. The Pedal-Based Cycling Power Meters segment is also set to grow at 4.6% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $127.7 Million in 2023, and China, forecasted to grow at an impressive 7.2% CAGR to reach $73.5 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Cycling Power Meters Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Cycling Power Meters Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Cycling Power Meters Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as 4iiii Innovations Inc., Arofly, BMC Switzerland AG, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 30 Featured):

• 4iiii Innovations Inc.
• Arofly
• BMC Switzerland AG
• Bryton Inc.
• CatEye Co., Ltd.
• Favero Electronics Srl
• Full Speed Ahead (FSA) SRL
• Garmin International Inc.
• Giant Manufacturing Co. Ltd.
• iQsquare B.V.
• Power2max
• Shimano, Inc.
• SRAM LLC
• Stages Cycling LLC