Global Bicycle Lights Market is expected to foresee significant growth. APAC to lead the growth!

• Vikas Kumar
• November 24, 2023
• AUTOMOTIVE, NEWS
• Bicycle Lights, Bicycle Lights Market, Bicycle Lights Market analysis, Bicycle Lights Market Share, Bicycle Lights Market Trends
• 0 Comments

Bicycle lights, often known as bike lights, are lights fixed to bicycles that increase the visibility of the bicycle and its rider to other road users in low ambient light. Additionally, it lights reflecting objects like traffic signs. For mountaineering and adventure, strong lights are necessary. This helped to increase sales of powerful bike lights in an area where climbing expeditions are common. Additionally, many nations mandate that bicycles be equipped with one or more lights at night. The bike lights must be white on the front and red in the back, much like motorbikes and cars, according to some nations’ rules.

The Bicycle Lights Market is expected to grow at a steady rate of around 8% owing to growing popularity as a sport and fitness activity in recent years because of lifestyle changes and increased awareness of its health advantage.  Major companies in the market offer bicycle light with technologically advanced features. For instance, The SPECTRUM Elite 100 E-bike headlight is equipped with a super bright 100 lux output and is a great option for commuting on your ebike in the dark. Light comes with custom lens which gives good beam penetration and a peripheral spray with ample light for curbs, potholes, or animals.

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Based on voltage type, the market is categorized into Up to 12V, 36 V, and 48 V. Since most of the lights that are sold on the global market fall into the up to 12V category, this market niche represents a sizeable portion of the overall market. Most of these lights are exported from China, which also produces them cheaply and simply with voltage ranges primarily between 5V and 12V.

Based on application, the market has been segmented into mountain bicycle, commuting bicycle, and road bicycle. Mountain bicycle, commuting bicycle and road bicycle are different kinds of bicycles on which lights are installed. Road bicycle has the highest bicycle light market share in the global market. This is mainly because road bicycles are cheap and pollution free as they don’t emit any harmful gases into the environment. Additionally, they help a lot in maintaining good health as they help in building stamina and strength. The stringent government regulations and increased awareness about of healthy lifestyle is driving factor for this segment

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For a better understanding of the market adoption of the All-Terrain Vehicle industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing prevalence of recreational activities backed by growing disposable income and surging per capita spending of individuals in the emerging economies of the region is driving the growth of the market. Moreover, China and the market is predicted to continue to grow at a  rapid pace due to increasing demand for various types of bicycle both in rural and urban areas in these countries. For instance, Bicycle-sharing businesses in China are actively seeking to expand their operations in nations like Australia and India. Bicycle demand will consequently increase in the upcoming years. Additionally, nations like Indonesia, Thailand, and Malaysia are putting in place the infrastructure required to promote and support bicycle commuting. across Australia. All of these factors support the expansion of the Asia Pacific market.

Global Bicycle Lights Market Segmentation

Market Insight, by Voltage Type

• ·        Up to 12V

Market Insight, by Mounting Type

• Headlight       
• Taillight                                                                 

Market Insight, by Application Type

Market Insight, by Region

• North America
  •  US
  •  Canada
  •  Rest of North America
• Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Rest of Asia-Pacific
• Rest of the World

Top Company Profiles

• LORD BENEX
•  lupine lighting systems gmbh
•  Trek Bicycle Corporation
• Princeton Tec
• DiNotte Lighting USA  
• Cygolite
• Kryptonite
• Lezyne
• Garmin Ltd
• BBB Cycling