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Bicycle Lights Market to reach 480 million US$ by the end of 2025
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.
In the last several years, global market of Bicycle Lights developed rapidly as the legal require. In 2016, the global actual sales is about 15 million units.
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The global average price of Bicycle Lights is in the increasing trend, from 14.2 USD/unit in 2012 to 15.23 USD/unit in 2016. With the situation of global economy, prices will be in increasing trend in the following five years.
Europe region is the largest consumption market of Bicycle Lights, with a sales market share nearly 36.34% in 2016. North America is the second largest consumption market of Bicycle Lights, enjoying sales market share nearly 28.08% in 2016.
Market concentration degree is not high. The top 5 players just account for nearly 30% market share. While there are thousands of players with a small shipment.
The global Bicycle Lights market is valued at 250 million US$ in 2017 and will reach 480 million US$ by the end of 2025, growing at a CAGR of 8.4% during 2018-2025.
The major manufacturers covered in this report
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
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Headlight
Taillight
By Application, the market can be split into
Mountain Bicycle
Road Bicycle
Commuting Bicycle
Click to view the full report TOC, figure and tables: https://www.qyresearch.com/index/detail/40131/global-bicycle-lights-market
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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