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Stock impact report

$309 Mn Bike Trainers Markets - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts to 2030 [Yahoo! Finance]

Garmin Ltd. (GRMN) 
Last garmin ltd. earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: garmin.com/en-us/company/investors
Company Research Source: Yahoo! Finance
- (By Type Coverage, Application Coverage, Distribution Channel Coverage, Geographic Coverage and By Company)" report has been added to ResearchAndMarkets.com's offering. The global bike trainers market is projected to experience significant growth, with market valuation expected to rise from US$190.3 Mn in 2023 to US$309.6 Mn by 2030 This growth is driven by an impressive compound annual growth rate (CAGR) of 7.2% during the forecast period. Bike trainers, which allow cyclists to train indoors by attaching their bikes to stationary platforms, are becoming increasingly popular due to their ability to simulate outdoor riding conditions. The competitive landscape of the bike trainers market is characterized by the presence of prominent players such as Technogym, Elite, Stages Cycling, and Garmin. These companies compete based on product innovation, quality, and brand reputation. Key strategies include new product launches, strategic partnerships with cycling software developers, a Show less Read more
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