Market Overview:
The global motorcycle 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 motorcycles across the globe, coupled with rising awareness about safety measures while riding a motorcycle. In terms of type, LED lights are expected to witness high growth during the forecast period as they are more energy-efficient and offer better illumination as compared to other types of lights available in the market. In terms of application, motorcycle headlight parts and bulbs are expected to account for a major share in terms of revenue in 2018. However, indicators are projected to register highest CAGR during the forecast period owing to their growing adoption among motorcyclists for indicating purposes.
Product Definition:
A motorcycle headlight is a powerful light that is attached to the front of a motorcycle. It is used to see in the dark and to be seen by other drivers.
Halogen lamp:
Halogen lamp is a gas-discharge lamp made up of tungsten filament and fluorescent or phosphorous coating. It produces light by the excitation of halogen gas, which consists of fluorine, chlorine, and iodine. The most common types are the single-arm lamps with one filament (downstream) and double-arm lamps with two filaments (upstream).
LED lights:
LED lights are the future of motorcycle lighting. They offer better brightness, consume less power, and have a longer lifespan than conventional lights. The market is moving towards LED as it is the most efficient and environment-friendly light source available in the market.
The global LED motorcycle lights market size was valued at USD 1,22 billion in 2016 which is anticipated to grow at a CAGR of XX% from 2017 to 2024.
Application Insights:
Motorcycle headlight parts and bulbs led the global market in 2017. The segment is projected to expand further at a steady CAGR over the forecast period owing to its wide application across various vehicles, including two-wheelers, four-wheelers and three-wheelers. Furthermore, increasing production of halogen lamps by major industry players such as Honda Motor Co., Ltd., Kawasaki Heavy Industrial Co., Ltd., Suzuki Motor Corp. and Yamaha Corporation is expected to drive growth over the coming years.
Indicators are projected to be one of the fastest growing segments during the forecast period owing to their rising usage on motorcycles for signaling purposes such as turn indicators, headlamps flasher or lights on a trailer being towed by another vehicle. Increasing production of LED indicator lights by major industry players coupled with high demand from end users are likely to propel growth over the coming 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 sales of two-wheelers since past few years. The growing popularity of motorcycles as a result of rising disposable income, changing lifestyle, and government initiatives for promoting vehicle safety are some major factors driving the regional market growth.
Europe also held a significant share in terms of revenue in 2017 owing to high demand from countries such as Germany, Italy, France among others. North America is projected to grow at an exponential rate due to increased emphasis on energy efficiency coupled with technological advancements associated with LED lights used for motorcycle headlight applications.
Growth Factors:
- Increasing demand for motorcycles in developing countries
- Rising disposable income of consumers in developing countries
- Technological advancements in motorcycle lights
- Growing popularity of motorcycle racing and stunts
- Increasing number of female riders
Scope Of The Report
Report Attributes
Report Details
Report Title
Motorcycle Lights Market Research Report
By Type
Halogen lamp, LED lights, Other
By Application
Motorcycle headlight parts and bulbs, Motorcycle rear light parts and bulbs, Indicators, Other
By Companies
Unitech, Koito, Varroc, Hella, Federal Mogul, Stanley, Bruno/Zadi Group, Lumax, Cobo, Rinder, Unitech, Minda, Ampas Lighting, IJL, J.W. speaker, ZWK Group, Motolight, Lazer light, Fiem
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Motorcycle Lights Market Report Segments:
The global Motorcycle Lights market is segmented on the basis of:
Types
Halogen lamp, LED lights, Other
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
Motorcycle headlight parts and bulbs, Motorcycle rear light parts and bulbs, Indicators, Other
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:
- Unitech
- Koito
- Varroc
- Hella
- Federal Mogul
- Stanley
- Bruno/Zadi Group
- Lumax
- Cobo
- Rinder
- Unitech
- Minda
- Ampas Lighting
- IJL
- J.W. speaker
- ZWK Group
- Motolight
- Lazer light
- Fiem
Highlights of The Motorcycle 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:
- Halogen lamp
- LED lights
- Other
- By Application:
- Motorcycle headlight parts and bulbs
- Motorcycle rear light parts and bulbs
- Indicators
- Other
- 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 Motorcycle 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?
Motorcycle lights are a type of lighting system that is typically mounted on motorcycles. They are used to make the motorcycle more visible in low-light conditions, and to help drivers see the motorcycle when it is stopped or parked.
Some of the major companies in the motorcycle lights market are Unitech, Koito, Varroc, Hella, Federal Mogul, Stanley, Bruno/Zadi Group, Lumax, Cobo, Rinder, Unitech, Minda, Ampas Lighting, IJL, J.W. speaker, ZWK Group, Motolight, Lazer light, Fiem.
The motorcycle 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 Motorcycle 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 Motorcycle Lights Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Motorcycle 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 Motorcycle 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 Motorcycle Lights Market Size & Forecast, 2018-2028
4.5.1 Motorcycle Lights Market Size and Y-o-Y Growth
4.5.2 Motorcycle Lights Market Absolute $ Opportunity
Chapter 5 Global Motorcycle Lights 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 Motorcycle Lights Market Size Forecast by Type
5.2.1 Halogen lamp
5.2.2 LED lights
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Motorcycle Lights 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 Motorcycle Lights Market Size Forecast by Applications
6.2.1 Motorcycle headlight parts and bulbs
6.2.2 Motorcycle rear light parts and bulbs
6.2.3 Indicators
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Motorcycle 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 Motorcycle 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 Motorcycle Lights Analysis and Forecast
9.1 Introduction
9.2 North America Motorcycle Lights 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 Motorcycle Lights Market Size Forecast by Type
9.6.1 Halogen lamp
9.6.2 LED lights
9.6.3 Other
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 Motorcycle Lights Market Size Forecast by Applications
9.10.1 Motorcycle headlight parts and bulbs
9.10.2 Motorcycle rear light parts and bulbs
9.10.3 Indicators
9.10.4 Other
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 Motorcycle Lights Analysis and Forecast
10.1 Introduction
10.2 Europe Motorcycle Lights 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 Motorcycle Lights Market Size Forecast by Type
10.6.1 Halogen lamp
10.6.2 LED lights
10.6.3 Other
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 Motorcycle Lights Market Size Forecast by Applications
10.10.1 Motorcycle headlight parts and bulbs
10.10.2 Motorcycle rear light parts and bulbs
10.10.3 Indicators
10.10.4 Other
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 Motorcycle Lights Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Motorcycle Lights 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 Motorcycle Lights Market Size Forecast by Type
11.6.1 Halogen lamp
11.6.2 LED lights
11.6.3 Other
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 Motorcycle Lights Market Size Forecast by Applications
11.10.1 Motorcycle headlight parts and bulbs
11.10.2 Motorcycle rear light parts and bulbs
11.10.3 Indicators
11.10.4 Other
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 Motorcycle Lights Analysis and Forecast
12.1 Introduction
12.2 Latin America Motorcycle Lights 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 Motorcycle Lights Market Size Forecast by Type
12.6.1 Halogen lamp
12.6.2 LED lights
12.6.3 Other
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 Motorcycle Lights Market Size Forecast by Applications
12.10.1 Motorcycle headlight parts and bulbs
12.10.2 Motorcycle rear light parts and bulbs
12.10.3 Indicators
12.10.4 Other
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) Motorcycle Lights Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Motorcycle Lights 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) Motorcycle Lights Market Size Forecast by Type
13.6.1 Halogen lamp
13.6.2 LED lights
13.6.3 Other
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) Motorcycle Lights Market Size Forecast by Applications
13.10.1 Motorcycle headlight parts and bulbs
13.10.2 Motorcycle rear light parts and bulbs
13.10.3 Indicators
13.10.4 Other
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 Motorcycle Lights Market: Competitive Dashboard
14.2 Global Motorcycle Lights Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Unitech
14.3.2 Koito
14.3.3 Varroc
14.3.4 Hella
14.3.5 Federal Mogul
14.3.6 Stanley
14.3.7 Bruno/Zadi Group
14.3.8 Lumax
14.3.9 Cobo
14.3.10 Rinder
14.3.11 Unitech
14.3.12 Minda
14.3.13 Ampas Lighting
14.3.14 IJL
14.3.15 J.W. speaker
14.3.16 ZWK Group
14.3.17 Motolight
14.3.18 Lazer light
14.3.19 Fiem
