Global Bicycle Lighting Equipment Market: Overview

Bicycle lights is one of the accessories of bicycles, which ensure safety and comfort of the rider, especially at night. Bicycle lights are essential equipment, installation of which offers ease of riding bicycle on a public road even at night. These lights include rear lamps, front lamps, flashlights, pedal reflectors, and rear reflectors. Rising awareness about health benefits of cycling is leading to increase in popularity of cycles among youngsters across the globe. This is driving growth in demand for bicycles and, in turn, bicycle accessories including lighting equipment.

bicycle-lighting-equipment-market-snapshot

Global Bicycle Lighting Equipment Market: Dynamics

The bicycle lighting equipment market is gaining traction due to factors such as increased importance of safety of riders, rising adoption of cycling as a sport, and growing bicycle culture. Rising focus on reducing traffic is prompting individuals to opt for use of bicycles. With the rise in demand for bicycles, demand for bicycle accessories including lighting equipment is increasing. All these factors are beneficial for the growth of the bicycle lighting equipment market and are likely to remain same over the forecast period.

Global Bicycle Lighting Equipment Market: Regional Outlook

Among the regional markets, the Asia Pacific market is estimated to dominate the global bicycle lighting equipment market, in terms of revenue share, over the forecast period. The market in China is expected to hold a substantial revenue share of the Asia Pacific bicycle lighting equipment market in the near future, due to increasing sales of bicycles in the country. Additionally, growing population and rising concerns about protection of the environment among individuals in the region are boosting growth in demand for bicycles. This in turn is propelling growth of the bicycle lighting equipment market in Asia Pacific.  

bicycle-lighting-equipment-market-snapshot

Key Players Operating in Global Bicycle Lighting Equipment Market

  • Light & Motion
  • Cygolite
  • CATEYE
  • Trelock
  • Niterider
  • Topeak
  • Blackburn
  • Sigma
  • ROXIM
  • Exposure

bicycle-lighting-equipment-market-snapshot

Regions Covered:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Global Bicycle Lighting Equipment Market: Report Highlights

  • Changing dynamics of the bicycle lighting equipment market
  • Bicycle lighting equipment market segmentation
  • Regional landscape of the bicycle lighting equipment market
  • Evaluation of the bicycle lighting equipment market based on the present and past data collected
  • Historical, present, and projected bicycle lighting equipment market in terms of volume and value
  • Recent trends and developments in the bicycle lighting equipment market
  • Competitive landscape
  • Strategies adopted by key players and products offered by them

Global Bicycle Lighting Equipment Market: Segmentation

The report comprises forecasts for the bicycle lighting equipment market at the global, regional, and country levels. The report contains analysis of dynamics of the market, which include divers, restraints, opportunities, and trends, for the period from 2017 to 2027. The report’s authors have conducted an in-depth study of the global bicycle lighting equipment market’s competitive landscape, focusing on the key market players’ company profiles and expansion strategies. Furthermore, the report provides a clear picture of the competition among the leading industry players. The report sheds light on the product portfolios and business growth strategies such as new business deals, collaborations, mergers & acquisitions, joint ventures, technological upgradation, and new product launches that are benefiting the market and other strategies adopted by the key players in the market. The report contains analysis of trends in each segment of the market for the period from 2017 to 2027. For this study, Reports and Data has segmented the bicycle lighting equipment market based on type and end user as follows.

By Type (Revenue, USD Million; 2017–2027)

  • Halogen Lights
  • Xenon Lights
  • LED Lights
  • Others

By End User (Revenue, USD Million; 2017–2027)

  • Amateurs
  • Professionals
  • Others

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Key questions answered by the report