Cycling industry bets on smart bikes to boost sales

AI-enhanced electric bicycle motors provide automated assistance that adjusts to the cyclist’s movements and conditions by utilizing sensors and real-time heart rate data.
Innovative safety technologies, such as radars and cameras on Canyon racing bikes, alert cyclists to potential hazards like parking cars and open doors.
Smart networks involving insurers like Linexo are using automation to handle routine claims and detect fraud, thus stabilizing insurance premiums.
Wunderfix uses an AI-enabled application to connect customers, retailers, and shops for diagnostic and repair services, showing a shift towards self-service.
The European bicycle market, despite shrinking in recent years, is anticipated to stabilize and recover gradually due to increased adoption of digital and data-driven services.

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