GPS Bike Computers Market Size and Share

GPS Bike Computers Market (2025 - 2030)
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GPS Bike Computers Market Analysis by Mordor Intelligence

The GPS Bike Computers Market size is estimated at USD 727.81 million in 2025, and is expected to reach USD 988.29 million by 2030, at a CAGR of 6.31% during the forecast period (2025-2030). Robust e-bike adoption, the shift toward direct-to-consumer e-commerce, and the rollout of multi-band GNSS chips position the GPS bike computers market for steady expansion even as smartwatches and smartphones target casual cyclists. Solar charging and cellular eSIM modules are migrating quickly from flagship models to mid-range units, narrowing the feature gap across price tiers. In parallel, OEM bundling with e-bikes is accelerating product refresh cycles, while professional racing continues to showcase premium innovation that eventually diffuses into mainstream segments. Venture capital inflows into connected micromobility platforms add tailwinds, creating new data monetization opportunities for device makers.

Key Report Takeaways

  • By application, fitness and commuting commanded 47.18% of the GPS bike computers market share in 2024, and professional racing is forecast to post the highest 6.35% CAGR during the forecast period (2025-2030).
  • By product type, mapping computers commanded a 63.46% share of the GPS bike computers market in 2024, whereas solar-powered mapping units are set to deliver a 6.47% CAGR during the forecast period (2025-2030). 
  • By bike type, e-bikes held 37.81% of the GPS bike computers market share in 2024 and are expanding at a 6.49% CAGR during the forecast period (2025-2030). 
  • By connectivity, ANT+ and Bluetooth captured 52.38% of revenue in 2024, while cellular eSIM devices led growth at a 6.38% CAGR during the forecast period (2025-2030). 
  • By price tier, mid-range models contributed 46.51% of the market's value in 2024, but premium units are forecast to post a 6.39% CAGR during the forecast period (2025-2030). 
  • By distribution channel, online direct-to-consumer accounted for 41.26% of 2024 sales and shows the strongest 6.44% CAGR during the forecast period (2025-2030). 
  • By geography, Europe captured 38.44% of global revenue in 2024; Asia-Pacific is poised for the fastest 6.41% CAGR during the forecast period (2025-2030). 

Segment Analysis

By Application: Data-Intensive Racing Sparks Premium Pull-Through

Professional racing accounted for the smallest revenue slice in 2024 yet clocked a 6.35% CAGR outlook, underscoring how elite use cases steer product roadmaps. Teams run dual-computer setups—one head-unit for rider feedback, a second locked to telemetry for directors—multiplying per-bike ASPs. Conversely, fitness and commuting’s 47.18% share demonstrates mass-market volume, anchoring baseline demand through daily utility. The GPS bike computers market size is attributable to fitness commuters growing exponentially in 2025, and loyalty stems from safe-route suggestions and theft-alert integration.

The GPS bike computers industry also sees gravel and bikepacking riders demanding rugged casings and offline topo maps. Adventure enthusiasts accept a higher MSRP when solar panels cut power-bank weight, aligning with the segment’s self-supported ethos. Regulatory nuances, such as UCI display restrictions during racing sprints, shape UI decisions across all tiers.

GPS Bike Computers Market: Market Share by Application
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By Product Type: Solar-Powered Mapping Units Gain Traction

Mapping models generated 63.46% of revenue in 2024 as turn-by-turn guidance morphed into a hygiene factor. The addition of on-device POI search and color touchscreens fuels uplift. Solar-powered mapping computers, while accounting for a minimal portion of the 2024 volume, are projected to grow considerably by 2030, reflecting a 6.47% CAGR that outstrips the broader GPS bike computers market. The underlying photovoltaic substrate adds a minimal material cost but extends battery longevity by double-digit percentages.

Non-mapping units remain relevant in time-trial disciplines where aero drag and weight trump navigational aids. However, firmware-defined upgrades allow certain mid-range SKUs to unlock maps post-purchase, creating deferred revenue streams. Component convergence—identical SoCs across mapping and non-mapping SKUs—enables cost efficiencies even as feature sets diverge.

By Bike Type: E-Bike Integration Rewrites Feature Priorities

E-bikes generated significant revenue in 2025, translating into the most important GPS bike computers market size slice for bike-type segmentation. Motor manufacturers expose CAN or UART data channels that head-units parse to forecast residual range in real time. Despite losing relative share, road bikes influence aerodynamics-led accessory design, such as flush mounts that maintain airflow. Mountain bike adoption benefits from depth maps that color-code trail gradients, a feature popularized by online platforms like Trailforks, now mirrored offline on-device to preserve phone batteries.

Cargo and utility bikes open enterprise prospects: fleet operators monitor delivery routes, driver behavior, and dwell times via cloud dashboards, monetizing data analytics rather than relying solely on hardware margin. Insurance underwriters pilot pay-as-you-ride schemes predicated on verified GPS logs, anchoring additional SaaS potential for vendors.

By Connectivity: eSIM Catapults Real-Time Services

While ANT+ and Bluetooth secured a 52.38% share in 2024, eSIM variants exhibit the steepest 6.38% CAGR as operators roll out machine-to-machine data bundles below USD 1 per month. Live weather alerts, group-ride geofencing, and in-ride Strava segment ranking hinge on uninterrupted uplinks that phone tethering cannot guarantee in low-coverage zones. Wi-Fi remains relegated to post-ride uploads but gains importance for over-the-air firmware pushed weekly to rectify GNSS ephemeris bugs.

Regulatory compliance around IMEI registration in India and Brazil complicates import timelines, pushing vendors toward regional SKUs. Nevertheless, cellular unlocks emergency-response value propositions attractive to parents and solo adventurers, helping justify premium pricing even in cost-conscious markets.

By Price Tier: Premium Innovation Filters Downward

Premium SKUs, priced above USD 450, are growing at a robust CAGR of 6.39% through 2030. They integrate contactless payments, on-device music storage, and multi-band GNSS antennas. Though only one-fifth of the 2024 volume, they drive a significant portion of gross profit, funding R&D migrating to mid-range lines, which accounted for 46.51% market share in 2024. 

The GPS bike computers market benefits from trickle-down dynamics: multi-band GNSS costs fell robustly YoY, enabling 2025 mid-range launches with features previously exclusive to flagships. Budget SKUs risk obsolescence unless they bundle at least breadcrumb-style navigation and ANT+ sensor support, aspirational requirements.

GPS Bike Computers Market: Market Share by Price Tier
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By Distribution Channel: Direct-to-Consumer Reshapes Economics

Online brand stores captured 41.26% share as riders bypass traditional retailers for nationwide next-day shipping and firmware-update transparency, and are also growing at a robust CAGR of 6.44% through 2030. Brands such as Wahoo deploy virtual concierge chat to guide sensor pairing, mitigating the support void once filled by specialty bike shops. 

Nevertheless, brick-and-mortar independents retain relevance for test rides and complex cockpit installations. OEM bundling is poised to swell as e-bike firms pre-install proprietary head-units, locking customers into aligned app ecosystems at the point of sale.

Geography Analysis

Europe contributed 38.44% of 2024 revenue, anchored by dense cycling lanes in the Netherlands, Germany, and Denmark that sustain daily utility riding. EU subsidies for e-cargo bikes catalyze commercial fleet uptake, broadening enterprise demand beyond enthusiast circles. The GPS bike computers market size tied to European subsidy programs is expected to increase significantly by 2030, contingent on continued municipal grants.

Asia-Pacific posts the fastest 6.41% CAGR, propelled by China’s e-bike volume and Japan’s silver-age fitness culture that values health analytics. Local brands leverage competitive manufacturing costs to release multiple mapping units, expanding addressable consumer segments. Australia’s gravel boom further drives premium adoption across the outback, where satellite coverage gaps favor dual-frequency receivers.

North America maintains robust replacement cycles driven by weekend endurance events and the rise of bikepacking tourism in U.S. national forests. However, urban cannibalization from smartwatches limits upside in metropolitan corridors. Latin America and the Middle East/Africa remain nascent, yet infrastructure investments paired with smartphone penetration position them as long-term upside once ASPs moderate.

GPS Bike Computers Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Garmin leads with an integrated stack—proprietary silicon, OS, and cloud services—yielding massive 2024 fitness revenue and a hardware gross margin above three-fifths. Wahoo Fitness, though smaller, commands loyalty via simplified UI and a trade-in program that reduces friction for annual upgrades. SRAM-backed Hammerhead leverages Android to accelerate feature cadence, recently releasing CLIMB+ that auto-detects gradient shifts.

Asian challengers Bryton, Magene, and Coospo compress development cycles to under nine months, responding swiftly to chipset price drops. Their aggressive MSRP strategy garners share in price-sensitive ASEAN and LATAM markets, where the GPS bike computers market still battles smartphone substitutes. Strategic partnerships define the next competitive frontier: Stromer’s pact with Spoke Safety embeds V2X chips, positioning future e-bikes as nodes in connected traffic ecosystems [3]“Spoke Safety Partnership Press Release,” Stromer AG, stromerbike.com .

Patent filings indicate rising R&D around optic flow sensors to augment GNSS in tree cover, reflecting a shift from pure satellite dependence to sensor fusion. M&A chatter centers on component suppliers specializing in flexible solar films, a chokepoint for scaling photovoltaic head-units. Overall, competitive intensity remains moderate; top five vendors held roughly three-fifth combined revenue in 2024, leaving room for specialist entrants targeting cargo fleets and gravel adventures.

GPS Bike Computers Industry Leaders

  1. Garmin Ltd

  2. Wahoo Fitness LLC

  3. Hammerhead

  4. Bryton Inc.

  5. Giant Manufacturing Co. Ltd

  6. *Disclaimer: Major Players sorted in no particular order
GPS Bike Computers Market Concentration
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Recent Industry Developments

  • June 2025: Garmin introduced the Edge MTB, adding tactile side buttons and G-force-based crash alerts for alpine trail riders.
  • August 2024: Stromer and Spoke Safety unveiled a V2X roadmap to broadcast cyclist position to connected cars, with pilot fleets slated for 2026.
  • June 2024: Garmin released the Edge 1050, which features a 3.5-inch color touchscreen, integrated speaker, and Garmin Pay.

Table of Contents for GPS Bike Computers Industry Report

1. Introduction

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Surge In E-Bike Sales Elevating Demand for GPS Head-Units
    • 4.2.2 Rising Global Cycling Participation & Data-Driven Training Culture
    • 4.2.3 Multi-Band GNSS & Solar-Charging Tech Improving Reliability
    • 4.2.4 Deep Integration with Smartphone/Cloud Fitness Ecosystems
    • 4.2.5 OEM Bundling of Computers with Premium Bikes & E-Bikes
    • 4.2.6 Insurer Telematics Incentives for GPS-Verified Safe Riding
  • 4.3 Market Restraints
    • 4.3.1 High Upfront Cost of Dedicated GPS Bike Computers
    • 4.3.2 Cannibalization From Advanced Smartwatches & Phones
    • 4.3.3 Widespread Free Navigation Apps Eroding Value Perception
    • 4.3.4 Global Shortage of Multi-Constellation GNSS Chipsets
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value (USD))

  • 5.1 By Application
    • 5.1.1 Athletics & Sports
    • 5.1.2 Fitness & Commuting
    • 5.1.3 Recreational / Leisure
    • 5.1.4 Professional Racing
    • 5.1.5 Bikepacking / Adventure
  • 5.2 By Product Type
    • 5.2.1 Mapping GPS Bike Computers
    • 5.2.2 Non-mapping GPS Computers
    • 5.2.3 Solar-powered Mapping Units
  • 5.3 By Bike Type
    • 5.3.1 Road Bicycles
    • 5.3.2 Mountain Bikes
    • 5.3.3 E-Bikes
    • 5.3.4 Gravel / Cyclocross
    • 5.3.5 Other Bikes
  • 5.4 By Connectivity
    • 5.4.1 ANT+ Only
    • 5.4.2 ANT+ & Bluetooth
    • 5.4.3 Wi-Fi Enabled
    • 5.4.4 Cellular eSIM
  • 5.5 By Price Tier
    • 5.5.1 Premium
    • 5.5.2 Mid-range
    • 5.5.3 Budget
  • 5.6 By Distribution Channel
    • 5.6.1 Online Direct-to-Consumer
    • 5.6.2 Specialty Bike Stores
    • 5.6.3 Mass Retail
    • 5.6.4 OEM-Bundled Sales
  • 5.7 By Geography
    • 5.7.1 North America
    • 5.7.1.1 United States
    • 5.7.1.2 Canada
    • 5.7.1.3 Rest of North America
    • 5.7.2 South America
    • 5.7.2.1 Brazil
    • 5.7.2.2 Argentina
    • 5.7.2.3 Chile
    • 5.7.2.4 Rest of South America
    • 5.7.3 Europe
    • 5.7.3.1 Germany
    • 5.7.3.2 United Kingdom
    • 5.7.3.3 France
    • 5.7.3.4 Italy
    • 5.7.3.5 Spain
    • 5.7.3.6 Russia
    • 5.7.3.7 Rest of Europe
    • 5.7.4 Asia Pacific
    • 5.7.4.1 China
    • 5.7.4.2 Japan
    • 5.7.4.3 India
    • 5.7.4.4 South Korea
    • 5.7.4.5 Australia & New Zealand
    • 5.7.4.6 Rest of Asia-Pacific
    • 5.7.5 Middle East and Africa
    • 5.7.5.1 United Arab Emirates
    • 5.7.5.2 Saudi Arabia
    • 5.7.5.3 Turkey
    • 5.7.5.4 Egypt
    • 5.7.5.5 South Africa
    • 5.7.5.6 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, SWOT Analysis, and Recent Developments)
    • 6.4.1 Garmin Ltd
    • 6.4.2 Wahoo Fitness LLC
    • 6.4.3 CatEye Co. Ltd
    • 6.4.4 SIGMA-ELEKTRO GmbH
    • 6.4.5 Lezyne Inc.
    • 6.4.6 Bryton Inc.
    • 6.4.7 Polar Electro Oy
    • 6.4.8 Hammerhead (SRAM)
    • 6.4.9 Stages Cycling LLC
    • 6.4.10 SRM GmbH
    • 6.4.11 iGPSPORT (Wuhan Qiwu)
    • 6.4.12 Coospo (Shenzhen Fitcare)
    • 6.4.13 Giant Manufacturing Co. Ltd
    • 6.4.14 MiTAC Holdings Corp.
    • 6.4.15 Acer Inc. (Xplova)
    • 6.4.16 Shimano Inc.
    • 6.4.17 Bosch eBike Systems
    • 6.4.18 Specialized Bicycle Components Inc.
    • 6.4.19 Magene Fitness
    • 6.4.20 XOSS Tech Co.

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
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Global GPS Bike Computers Market Report Scope

GPS bike computers are specialized devices used by cyclists to track and monitor their rides. Equipped with global positioning system (GPS) technology, these devices provide real-time location data, navigation assistance, and performance metrics such as speed, distance, and elevation.

The scope of the report covers segmentation by type, application, and geography. By type, the market is segmented into mapping and non-mapping. By application, the market is segmented into athletics and sports, fitness and commuting, and recreational/leisure. By geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

For each segment, market sizing and forecasts have been done based on value (USD).

By Application
Athletics & Sports
Fitness & Commuting
Recreational / Leisure
Professional Racing
Bikepacking / Adventure
By Product Type
Mapping GPS Bike Computers
Non-mapping GPS Computers
Solar-powered Mapping Units
By Bike Type
Road Bicycles
Mountain Bikes
E-Bikes
Gravel / Cyclocross
Other Bikes
By Connectivity
ANT+ Only
ANT+ & Bluetooth
Wi-Fi Enabled
Cellular eSIM
By Price Tier
Premium
Mid-range
Budget
By Distribution Channel
Online Direct-to-Consumer
Specialty Bike Stores
Mass Retail
OEM-Bundled Sales
By Geography
North America United States
Canada
Rest of North America
South America Brazil
Argentina
Chile
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific China
Japan
India
South Korea
Australia & New Zealand
Rest of Asia-Pacific
Middle East and Africa United Arab Emirates
Saudi Arabia
Turkey
Egypt
South Africa
Rest of Middle East and Africa
By Application Athletics & Sports
Fitness & Commuting
Recreational / Leisure
Professional Racing
Bikepacking / Adventure
By Product Type Mapping GPS Bike Computers
Non-mapping GPS Computers
Solar-powered Mapping Units
By Bike Type Road Bicycles
Mountain Bikes
E-Bikes
Gravel / Cyclocross
Other Bikes
By Connectivity ANT+ Only
ANT+ & Bluetooth
Wi-Fi Enabled
Cellular eSIM
By Price Tier Premium
Mid-range
Budget
By Distribution Channel Online Direct-to-Consumer
Specialty Bike Stores
Mass Retail
OEM-Bundled Sales
By Geography North America United States
Canada
Rest of North America
South America Brazil
Argentina
Chile
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific China
Japan
India
South Korea
Australia & New Zealand
Rest of Asia-Pacific
Middle East and Africa United Arab Emirates
Saudi Arabia
Turkey
Egypt
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is the projected value of the GPS bike computers market by 2030?

The market is forecast to reach USD 988.29 million by 2030, growing at a 6.31% CAGR.

Which bike type is driving the fastest demand for dedicated head-units?

E-bikes lead both share (37.81% in 2024) and growth (6.49% CAGR), reflecting integration needs with motor systems.

How does cellular eSIM connectivity benefit cyclists?

ESIM enables live tracking, over-the-air updates, and emergency alerts without phone tethering, fueling a 6.38% CAGR for this segment.

Which region shows the highest growth outlook?

Asia-Pacific is projected to expand at a 6.41% CAGR thanks to rapid e-bike adoption and government micromobility incentives.

Who is the current market leader in premium GPS bike computers?

Garmin maintains the lead, supported by USD 1.8 billion in 2024 fitness revenue and a vertically integrated ecosystem.

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