The Fort Worth Press - Cycling industry bets on smart bikes to boost sales

USD -
AED 3.672504
AFN 64.000368
ALL 81.109773
AMD 359.873322
ANG 1.789785
AOA 918.000367
ARS 1528.316696
AUD 1.422678
AWG 1.8025
AZN 1.70397
BAM 1.74477
BBD 2.011597
BDT 123.993042
BGN 1.747831
BHD 0.377091
BIF 2997.279094
BMD 1
BND 1.275971
BOB 12.110264
BRL 5.440104
BSD 0.998796
BTN 94.782997
BWP 13.79901
BYN 2.942058
BYR 19600
BZD 2.008653
CAD 1.39745
CDF 2315.000362
CHF 0.82381
CLF 0.025228
CLP 992.920396
CNY 6.661104
CNH 6.651304
COP 3164.280298
CRC 454.168339
CUC 1
CUP 23.969847
CVE 98.367456
CZK 21.81604
DJF 177.849146
DKK 6.697404
DOP 60.537937
DZD 135.196931
EGP 55.738436
ERN 15
ETB 161.241358
EUR 0.892404
FJD 2.243704
FKP 0.746726
GBP 0.746436
GEL 2.603861
GGP 0.746726
GHS 11.635666
GIP 0.746726
GMD 74.000355
GNF 8839.823364
GTQ 7.635488
GYD 209.349213
HKD 7.84585
HNL 26.845087
HRK 6.76901
HTG 130.853294
HUF 327.940388
IDR 18127.15
ILS 3.14456
IMP 0.746726
INR 94.912504
IQD 1514.072885
IRR 1868415.000352
ISK 121.830386
JEP 0.746726
JMD 158.713591
JOD 0.70904
JPY 157.562504
KES 129.791695
KGS 87.448704
KHR 4075.114858
KMF 441.00035
KPW 899.999961
KRW 1333.420383
KWD 0.31117
KYD 0.83233
KZT 452.856952
LAK 22487.176056
LBP 89438.155136
LKR 332.209287
LRD 169.784558
LSL 16.644543
LTL 2.95274
LVL 0.60489
LYD 6.420447
MAD 9.82042
MDL 17.877693
MGA 4517.596681
MKD 54.931085
MMK 2099.629361
MNT 3599.514763
MOP 8.070654
MRU 40.499576
MUR 47.280378
MVR 15.450378
MWK 1731.477764
MXN 18.78615
MYR 4.058204
MZN 63.910377
NAD 16.644543
NGN 1346.470377
NIO 36.754539
NOK 9.208504
NPR 151.652616
NZD 1.772422
OMR 0.382702
PAB 0.998885
PEN 3.456889
PGK 4.545252
PHP 63.764504
PKR 276.304474
PLN 3.94725
PYG 5851.286855
QAR 3.64084
RON 4.782204
RSD 104.839645
RUB 80.300995
RWF 1474.374415
SAR 3.7544
SBD 8.058206
SCR 14.652482
SDG 601.503676
SEK 9.826204
SGD 1.278804
SHP 0.748335
SLE 22.903667
SLL 20969.504398
SOS 570.765868
SRD 37.619504
STD 20697.981008
STN 21.856461
SVC 8.739016
SYP 13001.999685
SZL 16.639458
THB 33.723038
TJS 9.193541
TMT 3.5
TND 2.986752
TOP 2.40776
TRY 49.933804
TTD 6.771935
TWD 32.621404
TZS 2646.683617
UAH 45.299969
UGX 4244.613944
UYU 40.153441
UZS 11979.124849
VES 887.479804
VND 25803.5
VUV 118.626367
WST 2.776217
XAF 585.378718
XAG 0.020359
XAU 0.000258029557
XCD 2.70255
XCG 1.799991
XDR 0.707052
XOF 585.378718
XPF 106.3919
YER 236.203589
ZAR 16.719695
ZMK 9001.203584
ZMW 20.14006
ZWL 321.999592
SSP 5745.217636
MXV 2.117302
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Cycling industry bets on smart bikes to boost sales
Cycling industry bets on smart bikes to boost sales / Photo: © AFP

Cycling industry bets on smart bikes to boost sales

At the Eurobike trade fair, hopes are high that smart and AI-enabled bicycles can revive an industry that has been dealing with years of flagging sales.

Text size:

Artificial intelligence, long used in cars and smartphones, is now entering the cycling world in areas ranging from electric motors to safety and services.

At the stand of Avinox, a manufacturer of motors for electric bicycles, the DNA of parent company and Chinese drone specialist DJI has been transposed to cycling.

The motor on display features sensors that continuously monitor the cyclist's movements and terrain conditions, allowing AI to automatically adjust the motor's assistance to the pedal drive.

This makes the ride "easier and safer without having to think about it," Avinox developer Ferdinand Wolf said.

The system even allows a rider to transmit their real-time heart rate so that the e-bike motor modifies the level of assistance as needed.

- Safety alerts -

Elsewhere at the show, there is technology that aims to keep cyclists alive and injury-free.

At Germany's Canyon, a racing bike equipped with cameras and radars promises to alert cyclists "to the presence of elements they do not necessarily perceive", company spokesman Ben Hilldson said.

"If a car is parking, the system can anticipate the opening of a door and warn the cyclist," he said.

The rider would then be alerted via either visual signals on the frame, vibrations in the handlebars or through technology inside their helmet.

Canyon is presenting a helmet fitted with a large visor capable of displaying real-time alerts or receiving an audio signal, depending on the user's preference.

The products are for now in the prototype stage, Hilldson said.

Canyon is also working with carmaker Volkswagen on a communication system that would allow the bicycle to interact with surrounding cars and other infrastructure, with the launch expected in about three years.

The main obstacle: almost all vehicles currently on the road are not yet equipped to exchange such data.

- Smart networks -

Artificial intelligence is also shaking up services in the cycling industry.

At insurer Linexo "around 90 percent of claims will be handled entirely automatically by the end of the year", head of the bicycle division Soeren Hirsch said.

Automation handles standard cases, while experts review complex claims and detect fraud, "the only way to keep insurance premiums stable", he added.

Start-up Wunderfix meanwhile offers repair services linking retailers, customers and shops via an application that allows cyclists to diagnose and, where possible, repair their bicycles themselves.

Some 3,000 service requests have already been recorded this year, the company says.

The rise of AI-enabled and smart bikes has fuelled hopes of a rebound for the business.

The European bicycle market shrunk in 2025 for the third year in a row, with sales dropping four percent to 15.2 million units, according to consultants EY-Parthenon.

"After the boom during the Covid-19 pandemic, the sector has been going through a painful consolidation since 2023: lower sales, high inventories and strong pricing pressure have weighed heavily on many players," EY-Parthenon analyst Constantin Gall said.

The market is nevertheless expected to stabilise this year before slowly recovering, with revenue forecast at 21.2 billion euros for 2031 -- on a par with the record-breaking sales of 2022.

Alongside infrastructure investment, "digital and data-driven offerings" will be a growth-driver, the consultancy said.

C.Rojas--TFWP