Market Overview:
The global bicycle 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 factors such as an increase in the number of cyclists, rising awareness about safety while cycling, and technological advancements in bicycle lights. The global bicycle lights market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into headlight and taillight. The headlight segment is further sub-segmented into rechargeable headlights and non-rechargeable headlights. The taillight segment is further sub-segmented into battery powered taillights and dynamo powered taillights. On the basis of application, the market is divided into mountain bicycles, road bicycles, commuting bicycles (city bikes), electric bikes (e-bikes), and others (tricycles & cycle rickshaws).
Product Definition:
Bicycle lights are a type of safety equipment that is used to improve the visibility of a bicyclist at night or in low-light conditions. They typically consist of a headlight and taillight, which are attached to the bicycle and can be turned on to provide illumination. Bicycle lights are important for two reasons: first, they help motorists see bicyclists in dark or foggy conditions; and second, they make it easier for bicyclists to see obstacles and other hazards ahead.
Headlight:
Headlights are the front lights used in bicycle or road traffic vehicles for illuminating the path in front of them. The headlight is one of the most important safety equipment used while riding a bike at night or during any other low light situation. A good quality headlight will provide enough light to illuminate the path and won’t blind other riders, pedestrians, and drivers with its brightness.
Taillight:
A tail light is a rearview lamp mounted on the rear of a vehicle. It aids in providing clear visibility during night time and helps to avoid accidents. The bicycle tail lights are used for providing clear visibility while riding at night or in low light conditions, thereby preventing accidents from occurring.
The global market for Taillight.
Application Insights:
The road bicycle application segment led the global market in 2017. Road bicycles are widely used for recreational and competitive purposes. Competitive cyclists prefer high-performance bicycles with advanced features, such as aerodynamic bodies, lightweight frames, and hydraulic disc brakes. These features enhance a cyclist¢â‚¬â„¢s performance on the roads by reducing air resistance while cycling at high speed. The rising popularity of e-bikes is expected to reduce the demand for road bicycles over the forecast period due to increased efficiency and reduced costs associated with them.
The commuting bicycle application segment accounted for a significant share in 2017 owing to growing urbanization trends across various regions including North America.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing bicycle commutation in countries such as China, Japan, and India. Moreover, growing awareness regarding road safety is anticipated to drive regional growth over the next eight years. Europe also accounted for a significant share of global revenue owing to increased consumer preference towards premium priced bicycles with added features such as lights and brakes.
North America region is projected to witness substantial growth from 2018 to 2030 due both light types (headlights & taillights) have been witnessing an increase in sales recently across this region especially after dark hours when cyclists are more vulnerable on roadsides or on bike lanes thus making them prone targets for criminals who operate motor vehicles or motorcycles at those times. The U.S.
Growth Factors:
- Increasing demand for bicycles for fitness and leisure purposes
- Rising awareness about the benefits of cycling for health and environment
- Government initiatives to promote cycling as a mode of transportation
- Technological advancements in bicycle lights that improve safety and visibility while riding at night or in low-light conditions
- Growing popularity of cycling among millennials
Scope Of The Report
Report Attributes
Report Details
Report Title
Bicycle 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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Bicycle Lights Market Report Segments:
The global Bicycle 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 Bicycle 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 Bicycle 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:
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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?
Bicycle lights are a type of safety equipment that cyclists use to help them see while riding at night or in low-light conditions. They come in a variety of styles and colors, and can be attached to the bike using either an electrical connector or a bracket.
Some of the major players in the bicycle 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 bicycle lights market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bicycle Lights Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bicycle Lights Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bicycle Lights Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bicycle Lights Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bicycle Lights Market Size & Forecast, 2020-2028
4.5.1 Bicycle Lights Market Size and Y-o-Y Growth
4.5.2 Bicycle Lights Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Headlight
5.2.2 Taillight
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Mountain Bicycle
6.2.2 Road Bicycle
6.2.3 Commuting Bicycle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bicycle Lights Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bicycle Lights Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Headlight
9.6.2 Taillight
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Mountain Bicycle
9.10.2 Road Bicycle
9.10.3 Commuting Bicycle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Headlight
10.6.2 Taillight
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Mountain Bicycle
10.10.2 Road Bicycle
10.10.3 Commuting Bicycle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Headlight
11.6.2 Taillight
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Mountain Bicycle
11.10.2 Road Bicycle
11.10.3 Commuting Bicycle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Headlight
12.6.2 Taillight
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Mountain Bicycle
12.10.2 Road Bicycle
12.10.3 Commuting Bicycle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Headlight
13.6.2 Taillight
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Mountain Bicycle
13.10.2 Road Bicycle
13.10.3 Commuting Bicycle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bicycle Lights Market: Competitive Dashboard
14.2 Global Bicycle Lights Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CatEye
14.3.2 SIGMA Elektro
14.3.3 Blackburn
14.3.4 Serfas
14.3.5 Bright Eyes
14.3.6 Knog
14.3.7 Giant
14.3.8 Exposure Lights
14.3.9 Topeak
14.3.10 Trek Bicycle
14.3.11 TRELOCK
14.3.12 Blitzu
14.3.13 LIGHT & MOTION
14.3.14 Planet Bike
14.3.15 NiteRider
14.3.16 Moon Sport
14.3.17 Magicshine
14.3.18 Spanninga Bicycle Components
14.3.19 Shenzhen Niteye
14.3.20 BBB Cycling
14.3.21 Ferei
14.3.22 Fenix
14.3.23 Reelight
