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Global Bicycle Lights Market Size study & Forecast, by Technology (LED, Halogen, Xenon) by Mounting Type (Head light, Tail light), by Bicycle Type (Conventional, Electric), by Point of Sale (E-commerce, Retail Shops), and Regional Analysis, 2022-2029

February 2023 | 200 pages | ID: G823F8FDF5E1EN
Bizwit Research & Consulting LLP

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Global Bicycle Lights Market is valued at approximately USD 305.4 million in 2021 and is anticipated to grow with a healthy growth rate of more than 8.3% over the forecast period 2022-2029. Bicycle lights are the type of lights that are fixed to bicycles to 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. Powerful lights are necessary for mountaineering and adventure, which 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 market growth is poised to be driven by the rising government focus on building cycling infrastructure and favorable regulations, surge in traffic congestion and increasing urbanization around the world.

The growing awareness regarding the adoption of e-bikes are driving the market growth across the globe. According to Statista, it was estimated that the global market for electric bicycles was worth around USD 26.73 billion. Also, it is projected that the demand for e-bikes is on the rise and likely to reach USD 53.53 billion by the year 2027. Moreover, according to the All-India Cycle Manufacturers' Association the bicycle sales climbed by more than 25% in June 2021 compared to the same month in 2019, which exhibits that the sales of standard road bikes and high-end workout bicycles have increased. Consequentially, the surging demand for bicycles in the global market is exhibiting a positive influence on the demand of bicycle lights at a substantial rate. Furthermore, growing environmental concerns among the public, as well as rising initiatives by key market players are creating various lucrative opportunities for the market growth over the forecasting years. However, lack of current biking infrastructure stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Bicycle Lights Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe dominated the market in terms of revenue, owing to the growing focus on maintaining rider safety and the rise in the use of e-bike adoption equipped with bicycle lights. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rise in environmental concerns, increasing government initiatives to promote cycling, as well as the growing demand for bicycles in the regional market.

Major market players included in this report are:
Cateye Co., Ltd.
Cygolite Co
Gaciron Technology
Trek Bicycle Corporation
Garmin Ltd.
BBB Cycling
Lupine Lighting Systems GmbH
Lezyne USA Inc.
Princeton Tec
Lord Benex International Co., Ltd

Recent Developments in the Market:
In May 2022, Princeton Tec introduced the Remix Ultraviolet (UV) headlamps that is designed for HVACR fluorescent leak detection. It is created with a reliable single-arm bracket that is asymmetrical and easily accessible battery door enclosure. It features a push-button design with three Ultra bright, high-intensity UV LEDs and a strong Max bright White LED.
In May 2022, Garmin introduced the “Varia RCT715” rearview radar-activated tail light with a built-in camera. The built-in camera continually observes the surroundings during a ride and instantly stores video if an incident is detected.
In May 2022, Dinotte lighting launched a new Quad taillight with a built-in battery. The product includes compact structure by utilizing a lithium polymer battery, which offers a small design and offers 50% faster charging, 50% more illumination, and 25% longer runtime.

Global Bicycle Lights Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Technology, Mounting Type, Bicycle Type, Point of Sale, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:
LED
Halogen
Xenon
By Mounting Type:
Head light
Tail light
By Bicycle Type:
Conventional
Electric
By Point of Sale:
E-commerce
Retail Shops
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
  1.2.1. Bicycle Lights Market, by Region, 2019-2029 (USD Million)
  1.2.2. Bicycle Lights Market, by Technology, 2019-2029 (USD Million)
  1.2.3. Bicycle Lights Market, by Mounting Type, 2019-2029 (USD Million)
  1.2.4. Bicycle Lights Market, by Bicycle Type, 2019-2029 (USD Million)
  1.2.5. Bicycle Lights Market, by Point of Sale, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL BICYCLE LIGHTS MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL BICYCLE LIGHTS MARKET DYNAMICS

3.1. Bicycle Lights Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Rising government focus on building cycling infrastructure and favorable regulations
    3.1.1.2. Growing awareness regarding the adoption of e-bikes
  3.1.2. Market Challenges
    3.1.2.1. Lack of current biking infrastructure
  3.1.3. Market Opportunities
    3.1.3.1. Growing environmental concerns among the public
    3.1.3.2. Rising initiatives by key market players

CHAPTER 4. GLOBAL BICYCLE LIGHTS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL BICYCLE LIGHTS MARKET, BY TECHNOLOGY

6.1. Market Snapshot
6.2. Global Bicycle Lights Market by Technology, Performance - Potential Analysis
6.3. Global Bicycle Lights Market Estimates & Forecasts by Technology 2019-2029 (USD Million)
6.4. Bicycle Lights Market, Sub Segment Analysis
  6.4.1. LED
  6.4.2. Halogen
  6.4.3. Xenon

CHAPTER 7. GLOBAL BICYCLE LIGHTS MARKET, BY MOUNTING TYPE

7.1. Market Snapshot
7.2. Global Bicycle Lights Market by Mounting Type, Performance - Potential Analysis
7.3. Global Bicycle Lights Market Estimates & Forecasts by Mounting Type 2019-2029 (USD Million)
7.4. Bicycle Lights Market, Sub Segment Analysis
  7.4.1. Head light
  7.4.2. Tail light

CHAPTER 8. GLOBAL BICYCLE LIGHTS MARKET, BY BICYCLE TYPE

8.1. Market Snapshot
8.2. Global Bicycle Lights Market by Bicycle Type, Performance - Potential Analysis
8.3. Global Bicycle Lights Market Estimates & Forecasts by Bicycle Type 2019-2029 (USD Million)
8.4. Bicycle Lights Market, Sub Segment Analysis
  8.4.1. Conventional
  8.4.2. Electric

CHAPTER 9. GLOBAL BICYCLE LIGHTS MARKET, BY POINT OF SALE

9.1. Market Snapshot
9.2. Global Bicycle Lights Market by Point of Sale, Performance - Potential Analysis
9.3. Global Bicycle Lights Market Estimates & Forecasts by Point of Sale 2019-2029 (USD Million)
9.4. Bicycle Lights Market, Sub Segment Analysis
  9.4.1. E-commerce
  9.4.2. Retail Shops

CHAPTER 10. GLOBAL BICYCLE LIGHTS MARKET, REGIONAL ANALYSIS

10.1. Bicycle Lights Market, Regional Market Snapshot
10.2. North America Bicycle Lights Market
  10.2.1. U.S. Bicycle Lights Market
    10.2.1.1. Technology breakdown estimates & forecasts, 2019-2029
    10.2.1.2. Mounting Type breakdown estimates & forecasts, 2019-2029
    10.2.1.3. Bicycle Type breakdown estimates & forecasts, 2019-2029
    10.2.1.4. Point of Sale breakdown estimates & forecasts, 2019-2029
  10.2.2. Canada Bicycle Lights Market
10.3. Europe Bicycle Lights Market Snapshot
  10.3.1. U.K. Bicycle Lights Market
  10.3.2. Germany Bicycle Lights Market
  10.3.3. France Bicycle Lights Market
  10.3.4. Spain Bicycle Lights Market
  10.3.5. Italy Bicycle Lights Market
  10.3.6. Rest of Europe Bicycle Lights Market
10.4. Asia-Pacific Bicycle Lights Market Snapshot
  10.4.1. China Bicycle Lights Market
  10.4.2. India Bicycle Lights Market
  10.4.3. Japan Bicycle Lights Market
  10.4.4. Australia Bicycle Lights Market
  10.4.5. South Korea Bicycle Lights Market
  10.4.6. Rest of Asia Pacific Bicycle Lights Market
10.5. Latin America Bicycle Lights Market Snapshot
  10.5.1. Brazil Bicycle Lights Market
  10.5.2. Mexico Bicycle Lights Market
  10.5.3. Rest of Latin America Bicycle Lights Market
10.6. Rest of The World Bicycle Lights Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. Cateye Co., Ltd.
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. Cygolite Co
  11.2.3. Gaciron Technology
  11.2.4. Trek Bicycle Corporation
  11.2.5. Garmin Ltd.
  11.2.6. BBB Cycling
  11.2.7. Lupine Lighting Systems GmbH
  11.2.8. Lezyne USA Inc.
  11.2.9. Princeton Tec
  11.2.10. Lord Benex International Co., Ltd

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Bicycle Lights Market, report scope
TABLE 2. Global Bicycle Lights Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Bicycle Lights Market estimates & forecasts by Technology 2019-2029 (USD Million)
TABLE 4. Global Bicycle Lights Market estimates & forecasts by Mounting Type 2019-2029 (USD Million)
TABLE 5. Global Bicycle Lights Market estimates & forecasts by Bicycle Type 2019-2029 (USD Million)
TABLE 6. Global Bicycle Lights Market estimates & forecasts by Point of Sale 2019-2029 (USD Million)
TABLE 7. Global Bicycle Lights Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 8. Global Bicycle Lights Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Bicycle Lights Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Bicycle Lights Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Bicycle Lights Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Bicycle Lights Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Bicycle Lights Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Bicycle Lights Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. Global Bicycle Lights Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. Global Bicycle Lights Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 17. U.S. Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 18. U.S. Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 19. U.S. Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 20. Canada Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 21. Canada Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 22. Canada Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 23. UK Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 24. UK Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 25. UK Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 26. Germany Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 27. Germany Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 28. Germany Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 29. France Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 30. France Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 31. France Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 32. Italy Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 33. Italy Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 34. Italy Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 35. Spain Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 36. Spain Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 37. Spain Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 38. RoE Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 39. RoE Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 40. RoE Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 41. China Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 42. China Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 43. China Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 44. India Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 45. India Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 46. India Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 47. Japan Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 48. Japan Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 49. Japan Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 50. South Korea Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 51. South Korea Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 52. South Korea Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 53. Australia Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 54. Australia Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 55. Australia Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 56. RoAPAC Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 57. RoAPAC Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 58. RoAPAC Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 59. Brazil Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 60. Brazil Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 61. Brazil Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 62. Mexico Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 63. Mexico Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 64. Mexico Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 65. RoLA Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 66. RoLA Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 67. RoLA Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 68. Row Bicycle Lights Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 69. Row Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 70. Row Bicycle Lights Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 71. List of secondary sources, used in the study of global Bicycle Lights Market
TABLE 72. List of primary sources, used in the study of global Bicycle Lights Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Bicycle Lights Market, research methodology
FIG 2. Global Bicycle Lights Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Bicycle Lights Market, key trends 2021
FIG 5. Global Bicycle Lights Market, growth prospects 2022-2029
FIG 6. Global Bicycle Lights Market, porters 5 force model
FIG 7. Global Bicycle Lights Market, pest analysis
FIG 8. Global Bicycle Lights Market, value chain analysis
FIG 9. Global Bicycle Lights Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Bicycle Lights Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Bicycle Lights Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Bicycle Lights Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Bicycle Lights Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Bicycle Lights Market, regional snapshot 2019 & 2029
FIG 15. North America Bicycle Lights Market 2019 & 2029 (USD Million)
FIG 16. Europe Bicycle Lights Market 2019 & 2029 (USD Million)
FIG 17. Asia pacific Bicycle Lights Market 2019 & 2029 (USD Million)
FIG 18. Latin America Bicycle Lights Market 2019 & 2029 (USD Million)
FIG 19. Global Bicycle Lights Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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