Market Overview:
The global bike lights market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for mountain bicycles, road bicycles, commuting bicycles and other applications across different regions. In terms of type, the headlight segment is expected to dominate the global bike lights market during the forecast period owing to its growing demand for use in mountain bikes and other applications. However, in terms of CAGR, the taillight segment is projected to grow at a higher rate than other segments during 2018-2030.
Product Definition:
Bike lights are devices that emit light to improve the visibility of a bicyclist at night or in low-light conditions. They are often used in conjunction with reflectors. The purpose of bike lights is to make the cyclist more visible to motorists and pedestrians, and to increase the cyclist's safety.
Headlight:
Headlights are the front lights used in bikes for illumination and safety while riding at night or in low light conditions. The headlight is one of the essential bike accessories as it helps to increase visibility, avoid accidents, and enhance road safety. Headlights have become an integral part of biking culture which is widely popular among all age groups across the globe. With increasing awareness regarding road safety around the globe, demand for better bike lighting solutions has witnessed a significant rise over recent years.
Taillight:
A tail light is a rearview lamp mounted on the rear of a vehicle. It aids in providing clear images during night time and helps to avoid accidents. The taillight is an essential part of any bike as it provides enough light to read the map, indicator, and street signs while driving at speeds greater than 25 miles per hour.
Application Insights:
The mountain bicycle accounted for the largest share of over 40.0% in 2017. The increasing popularity of biking as a recreational activity has led to an increased demand for various types of bicycles, including racing and mountain bikes, which are manufactured in different sizes and styles according to the requirements. Furthermore, biking through forests or across countrysides has become popular among a large number of people due to its health benefits along with adventure seeking nature. This is likely to expand the scope for bike lights during nightsime rides over the next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This region has been witnessing increasing adoption of bicycles for transportation, especially in countries such as China and Japan. Increasing number of manufacturers focusing on developing innovative products for bicycle lights is also one of the major factors contributing to regional growth. For instance, Xiaomi Corporation launched a new product ‘Mi LED Flashlight’ with built-in light that can be used both as a bike light and a normal flashlight in 2018. The company offers various types of flashlights including magnetic USB charging ones, battery operated ones, solar charged ones among others based on customer requirements at affordable prices.
Europe was another prominent region that accounted for more than 25% share in 2017 owing to high demand from countries such as Germany.
Growth Factors:
- Increasing demand for bicycles as a mode of transportation
- Rising awareness about the importance of bike safety
- Technological advancements in bike light design and functionality
- Growing popularity of cycling as a form of exercise and leisure activity
- Government initiatives and regulations supporting cycling
Scope Of The Report
Report Attributes
Report Details
Report Title
Bike Lights Market Research Report
By Type
Headlight, Taillight,
By Application
Mountain Bicycle, Road Bicycle, Commuting Bicycle,
By Companies
CatEye, SIGMA Elektro, Blackburn, Serfas, Bright Eyes, Knog, Giant, Exposure Lights, Topeak, Trek Bicycle, TRELOCK, Blitzu, LIGHT & MOTION, Planet Bike, NiteRider, Moon Sport, Magicshine, Spanninga Bicycle Components, Shenzhen Niteye, BBB Cycling, Ferei, Fenix, Reelight
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Bike Lights Market Report Segments:
The global Bike Lights market is segmented on the basis of:
Types
Headlight, Taillight,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mountain Bicycle, Road Bicycle, Commuting Bicycle,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CatEye
- SIGMA Elektro
- Blackburn
- Serfas
- Bright Eyes
- Knog
- Giant
- Exposure Lights
- Topeak
- Trek Bicycle
- TRELOCK
- Blitzu
- LIGHT & MOTION
- Planet Bike
- NiteRider
- Moon Sport
- Magicshine
- Spanninga Bicycle Components
- Shenzhen Niteye
- BBB Cycling
- Ferei
- Fenix
- Reelight
Highlights of The Bike Lights Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Headlight
- Taillight
- By Application:
- Mountain Bicycle
- Road Bicycle
- Commuting Bicycle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bike Lights Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bike lights are a type of lighting that is typically used on bicycles. They can be used to make it easier to see in low light conditions, or as a warning signal to other drivers.
Some of the key players operating in the bike lights market are CatEye, SIGMA Elektro, Blackburn, Serfas, Bright Eyes, Knog, Giant, Exposure Lights, Topeak, Trek Bicycle, TRELOCK, Blitzu, LIGHT & MOTION, Planet Bike, NiteRider, Moon Sport, Magicshine, Spanninga Bicycle Components, Shenzhen Niteye, BBB Cycling, Ferei, Fenix, Reelight.
The bike lights market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bike Lights Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bike Lights Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bike Lights Market - Supply Chain
4.5. Global Bike Lights Market Forecast
4.5.1. Bike Lights Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bike Lights Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bike Lights Market Absolute $ Opportunity
5. Global Bike Lights Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bike Lights Market Size and Volume Forecast by Type
5.3.1. Headlight
5.3.2. Taillight
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bike Lights Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bike Lights Market Size and Volume Forecast by Application
6.3.1. Mountain Bicycle
6.3.2. Road Bicycle
6.3.3. Commuting Bicycle
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bike Lights Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bike Lights Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bike Lights Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bike Lights Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bike Lights Demand Share Forecast, 2019-2026
9. North America Bike Lights Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bike Lights Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bike Lights Market Size and Volume Forecast by Application
9.4.1. Mountain Bicycle
9.4.2. Road Bicycle
9.4.3. Commuting Bicycle
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bike Lights Market Size and Volume Forecast by Type
9.7.1. Headlight
9.7.2. Taillight
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bike Lights Demand Share Forecast, 2019-2026
10. Latin America Bike Lights Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bike Lights Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bike Lights Market Size and Volume Forecast by Application
10.4.1. Mountain Bicycle
10.4.2. Road Bicycle
10.4.3. Commuting Bicycle
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bike Lights Market Size and Volume Forecast by Type
10.7.1. Headlight
10.7.2. Taillight
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bike Lights Demand Share Forecast, 2019-2026
11. Europe Bike Lights Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bike Lights Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bike Lights Market Size and Volume Forecast by Application
11.4.1. Mountain Bicycle
11.4.2. Road Bicycle
11.4.3. Commuting Bicycle
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bike Lights Market Size and Volume Forecast by Type
11.7.1. Headlight
11.7.2. Taillight
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bike Lights Demand Share, 2019-2026
12. Asia Pacific Bike Lights Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bike Lights Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bike Lights Market Size and Volume Forecast by Application
12.4.1. Mountain Bicycle
12.4.2. Road Bicycle
12.4.3. Commuting Bicycle
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bike Lights Market Size and Volume Forecast by Type
12.7.1. Headlight
12.7.2. Taillight
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bike Lights Demand Share, 2019-2026
13. Middle East & Africa Bike Lights Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bike Lights Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bike Lights Market Size and Volume Forecast by Application
13.4.1. Mountain Bicycle
13.4.2. Road Bicycle
13.4.3. Commuting Bicycle
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bike Lights Market Size and Volume Forecast by Type
13.7.1. Headlight
13.7.2. Taillight
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bike Lights Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bike Lights Market: Market Share Analysis
14.2. Bike Lights Distributors and Customers
14.3. Bike Lights Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CatEye
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SIGMA Elektro
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Blackburn
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Serfas
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bright Eyes
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Knog
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Giant
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Exposure Lights
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Topeak
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Trek Bicycle
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TRELOCK
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Blitzu
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. LIGHT & MOTION
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Planet Bike
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. NiteRider
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Moon Sport
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Magicshine
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Spanninga Bicycle Components
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Shenzhen Niteye
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. BBB Cycling
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
