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(Transportation-News.com, March 20, 2018 ) According to Publisher, the Global Bicycle Infotainment System Market is expected to grow at a CAGR of 30.3% during the forecast period. Increasing usage of bicycle in developed economies, changing lifestyle habits & preferences, and recent technological developments in infotain systems are the major factors propelling the market growth. In addition, raising installations of healthcare infotainment systems in bicycles to know about riders wellness and health is the other factor boosting the market growth. On the other hand, higher costs for raw material is hindering the market growth.
By the kits type, on board kits segment dominates the market during forecast period. The segment is likely to witness higher market share owing to technological developments in on board kits & growing adoption of navigation devices. North America is expected to hold the largest share in global bicycle infotainment system market due to using bicycles for commuting purpose while going to work, raising adoption of infotainment systems, and increasing demand from U.S. Asia Pacific is likely to grow at a moderate rate during the forecast period.
For more information @ http://www.reportsweb.com/bicycle-infotainment-system-global-market-outlook-2017-2023
Some of the key players in Global Bicycle Infotainment System Market include Beeline, CatEye, COBI, Garmin, Hammerhead, Magellan, Polar, Sena Technologies, Vudu 7, and Wahoo Fitness.
Kits Type Covered:
-Wearable kits
-On-board kits
Applications Covered:
-Road Bike
-Mountain Bike
-Other Applications
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001888461/sample
Regions Covered:
-North America
- US
- Canada
- Mexico
-Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
-Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- Rest of Asia Pacific
-Rest of the World
- Middle East
- Brazil
- Argentina
- South Africa
- Egypt
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Rajat Sahni
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Source: EmailWire.Com 
Source: EmailWire.com
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