COOSPO China Cycle Show 2021 was held 5-8 May in Shanghai New International Expo Center. First held in 1990, and as the biggest and most authoritative Cycle show in the Asia Pacific region, China Cycle Show is an important platform for industry resources and information exchange. Therefore, Coospo would like to make more partners through this platform to jointly develop the cycling market and bring better products for cycling enthusiasts.
In this exhibition, we mainly brought our best-selling heart rate monitor series, GPS bike computer series, cycling speed and cadence sensor series. As before, we attached great importance to listening to customers’ feedback on the use of our products and individual needs, and on this basis, will adhere to technical innovation and demand iteration to make better products to meet the needs of more sports enthusiasts. We communicated with nearly 120 booth visitors about the sports and fitness market, as well as feedback and suggestions on our products. The proportion of Consulting products is as follows: chest belt heart rate monitor accounts for about 50%, armband heart rate monitor accounts for 20%, GPS bike computer account for 10%, and cycling SPD & CAD sensors account for about 10%. With a complete line of product offerings and outstanding product experience, Coospo hopes to maximize its ability to satisfy the different needs of different consumer groups.
Some visitors discussed the scale of the global sports technology market. They said that the total market size of the global sports technology market in 2018 was 26.3 billion US dollars, of which the Asia Pacific region was the largest market of sports science and technology in the world, with a scale of 10.8 billion US dollars. Among them, the United States ranks first with a scale of 8.1 billion US dollars, while China ranks the second largest market of global sports technology with a scale of 6.6 billion US dollars. It is also considered that sports technology is one of the new ways and trends to bring fitness a new business model, rapidly improve fitness population penetration, and reach fitness users. We also agree with this view, and we also think that the growth space of China’s fitness market is still very optimistic. The growth of 0.8% fitness population penetration rate in China is also a doubling growth of the fitness market.
In terms of product suggestions, some customers said that we should add the function of blood oxygen monitoring to the heart rate sensor and use the touch screen on the bicycle computer. These suggestions will also be fed back to our engineering department one by one. We have been researching and developing innovation and upgrading in related fields very early. We are always attached great importance to customer’s suggestions and needs. Many functions and features are led by customers’ suggestions to lead us to technological upgrading and innovation.
Finally, we have gained a lot in the 4 days of the exhibition, and we look forward to establishing long-term and stable win-win cooperation with more sports technology practitioners. In the future, we will be more customer-centered, serve with faster delivery, preferential price by insisting on technological innovation and committed to empowering with breakthrough products and solutions for sports enthusiasts around the world and to getting the sports world better and better.