Global Bicycle Lights Market Growth 2023-2029

Global Bicycle Lights Market Growth 2023-2029

Product Code:457449

Published Date: Feb 08,2023

Pages: 126

Region: Global

Category: Machinery & Equipment

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Bicycle Lights are useful when intending on cycling after dark. It’s a legal requirement to have a white light at the front and a red and the rear, and it’s dangerous to ride without them. Besides, bicycle light is also considered a sensible idea to use a beam in the day time too, to aid visibility.

LPI (LP Information)' newest research report, the “Bicycle Lights Industry Forecast” looks at past sales and reviews total world Bicycle Lights sales in 2022, providing a comprehensive analysis by region and market sector of projected Bicycle Lights sales for 2023 through 2029. With Bicycle Lights sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bicycle Lights industry.

This Insight Report provides a comprehensive analysis of the global Bicycle Lights landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bicycle Lights portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bicycle Lights market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bicycle Lights and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bicycle Lights.

The global Bicycle Lights market size is projected to grow from US$ 349.2 million in 2022 to US$ 639.4 million in 2029; it is expected to grow at a CAGR of 639.4 from 2023 to 2029.

Global Bicycle Lights key players include CatEye, SIGMA Elektro, Blackburn, Serfas, Bright Eyes, etc. Global top five manufacturers hold a share about 30%. Europe is the largest market, both with a share about 35%, followed by North America, with a share about 30 percent. In terms of product, Headlight is the largest segment, with a share about 60%. And in terms of application, the largest application is Mountain Bicycle, followed by Road Bicycle, Commuting Bicycle, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Bicycle Lights market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Headlight
    Taillight

Segmentation by application
    Mountain Bicycle
    Road Bicycle
    Commuting Bicycle

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    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

Key Questions Addressed in this Report
What is the 10-year outlook for the global Bicycle Lights market?
What factors are driving Bicycle Lights market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bicycle Lights market opportunities vary by end market size?
How does Bicycle Lights break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?