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Global Bicycle Lights Market Size, Share, Trends, Forecast: By Type: Headlight, Taillight; By Application Type: Mountain Bicycle, Commuting Bicycle, Road Bicycle; By Product: LED Lamps, Low-cost battery lights, Flashlights, Halogen lights, HID lights, Filament lights, Others; By Sales Channel; Regional Analysis; Competitive Landscape; 2024-2032
Global Bicycle Lights Market Outlook
The global bicycle lights market attained a value of more than USD 380.01 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 8.4% to reach beyond USD 784.30 million by 2032.
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Global Bicycle Lights Market Growth
The market for bicycle lights is being aided by the rising use of bicycles by the health and environmentally conscious population. The evolving urban mobility and the rising adoption of sustainable modes of transportation are also increasing the adoption of bicycles, hence driving the market for bicycle lights. The growing demand for durable and high-quality bicycle lights is augmenting the growth of the market.
The growing interest in mountain biking, especially in the United States, is surging the demand for bicycle lights to illuminate the trail and enhance the safety of the rider. As health concerns were fuelled amidst the COVID-19 pandemic, mountain biking was increasingly preferred as a form of cardio workout, which has propelled the market growth. This has significantly surged the demand for mountain cycle accessories, which has bolstered the demand for bicycle lights. In addition, the growing demand for bicycle lights that provide optimal lighting for long mountain biking sessions has provided impetus to the growth of the market.
Global Bicycle Lights Market Segmentation
Bicycle lights refer to lights that are attached to bicycles to illuminate the path, cycle, and the rider. They enhance the visibility of bicycles and riders and are vital in preventing road accidents. Bicycle lights allow riders to detect reflective items to enhance the overall experience of the rider.
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The major types of bicycle lights are:
- Headlight
- Taillight
The market can be broadly categorised on the basis of its application types into:
- Mountain Bicycle
- Commuting Bicycle
- Road Bicycle
Based on products, the market is divided into:
- LED Lamps
- Low-cost battery lights
- Flashlights
- Halogen lights
- HID lights
- Filament lights
- Others
By sales channels, the market is bifurcated into:
- Online Stores
- Offline Stores
The EMR report looks into the regional markets of bicycle lights like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing Demand for LED Bicycle Lights by Cyclists to Invigorate the Market Growth
The increasing use of LED bicycle lights to enhance the visibility of taillights is augmenting the market growth. The rechargeability of LED cycle lights is surging their demand among environmental-conscious consumers, which is fuelling the market growth. Moreover, the cost-effectiveness and easy installation of LED lights are surging their use in bicycles, which is providing impetus to the market growth. As the demand for lightweight bicycles is surging, compact and small LED lights are increasingly preferred to boost the output of bikes, which is predicted to strengthen the industry growth.
The increasing investments in daytime running light (DRL) with diverse modes by cyclists is anticipated to propel the industry growth. The development of innovative rechargeable bicycle lights that use solar energy for charging is expected to drive the market growth. In addition, increasing research activities to bolster the deployment of bicycle lights that enhances the visibility of bicyclists from far distance to prevent accidents is predicted to fuel the market growth for bicycle lights. Such bicycle lights can also illuminate the road while eliminating glare for other drivers, which is anticipated to significantly contribute to the growth of the market in the coming years.
Key Industry Players in the Global Bicycle Lights Market
The report presents a detailed analysis of the following key players in the global bicycle lights market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Augusta Benelux B.V.
- CatEye Co., Ltd.
- Blitzu
- Knog Pty Ltd
- Lezyne USA Inc.
- NiteRider Technical Lighting
- Serfas Inc.
- Trek Bicycle Corporation
- Topeak Inc.
- Giant Manufacturing Co. Ltd.
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application Type |
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| Breakup by Product |
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| Breakup by Sales Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Bicycle Lights Market Analysis
8.1 Key Industry Highlights
8.2 Global Bicycle Lights Historical Market (2018-2023)
8.3 Global Bicycle Lights Market Forecast (2024-2032)
8.4 Global Bicycle Lights Market by Type
8.4.1 Headlight
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Taillight
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Bicycle Lights Market by Application Type
8.5.1 Mountain Bicycle
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Commuting Bicycle
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Road Bicycle
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Bicycle Lights Market by Product
8.6.1 LED Lamps
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Low-cost battery lights
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Flashlights
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Halogen lights
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 HID lights
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Filament lights
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.6.7 Others
8.7 Global Bicycle Lights Market by Sales Channel
8.7.1 Online Stores
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Offline Stores
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Bicycle Lights Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Bicycle Lights Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Bicycle Lights Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Bicycle Lights Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Bicycle Lights Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Bicycle Lights Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Augusta Benelux B.V.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 CatEye Co., Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Blitzu
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Knog Pty Ltd
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Lezyne USA Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 NiteRider Technical Lighting
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Serfas Inc.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Trek Bicycle Corporation
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Topeak Inc.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Giant Manufacturing Co. Ltd.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Bicycle Lights Market: Key Industry Highlights, 2018 and 2032
2. Global Bicycle Lights Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Bicycle Lights Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Bicycle Lights Historical Market: Breakup by Application Type (USD Million), 2018-2023
5. Global Bicycle Lights Market Forecast: Breakup by Application Type (USD Million), 2024-2032
6. Global Bicycle Lights Historical Market: Breakup by Product (USD Million), 2018-2023
7. Global Bicycle Lights Market Forecast: Breakup by Product (USD Million), 2024-2032
8. Global Bicycle Lights Historical Market: Breakup by Sales Channel (USD Million), 2018-2023
9. Global Bicycle Lights Market Forecast: Breakup by Sales Channel (USD Million), 2024-2032
10. Global Bicycle Lights Historical Market: Breakup by Region (USD Million), 2018-2023
11. Global Bicycle Lights Market Forecast: Breakup by Region (USD Million), 2024-2032
12. North America Bicycle Lights Historical Market: Breakup by Country (USD Million), 2018-2023
13. North America Bicycle Lights Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Europe Bicycle Lights Historical Market: Breakup by Country (USD Million), 2018-2023
15. Europe Bicycle Lights Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Asia Pacific Bicycle Lights Historical Market: Breakup by Country (USD Million), 2018-2023
17. Asia Pacific Bicycle Lights Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Latin America Bicycle Lights Historical Market: Breakup by Country (USD Million), 2018-2023
19. Latin America Bicycle Lights Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Middle East and Africa Bicycle Lights Historical Market: Breakup by Country (USD Million), 2018-2023
21. Middle East and Africa Bicycle Lights Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Global Bicycle Lights Market Structure
Key Questions Answered in the Report
In 2023, the global bicycle lights market attained a value of more than USD 380.01 million.
The market is projected to grow at a CAGR of 8.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach beyond USD 784.30 million by 2032.
The market is being aided by the increasing use of bicycles by the growing health and environmental conscious population and the rising interest in mountain biking.
The industry is projected to be augmented by the increasing use of LED bicycle lights, the surging investments in daytime running light (DRL), and the rising demand for lightweight bicycle lights.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of bicycle lights in the industry are headlight and taillight.
The various application types of bicycle lights are mountain bicycle, commuting bicycle, and road bicycle.
The different products of bicycle lights are LED lamps, low-cost battery lights, flashlights, halogen lights, HID lights, and filament lights, among others.
The significant sales channels in the market are online stores and offline stores.
The major players in the industry are Augusta Benelux B.V., CatEye Co., Ltd., Blitzu, Knog Pty Ltd, Lezyne USA Inc., NiteRider Technical Lighting, Serfas Inc., Trek Bicycle Corporation, Topeak Inc., and Giant Manufacturing Co. Ltd., among others.
Analyst Review
The global bicycle lights market attained a value of more than USD 380.01 million in 2023, driven by the surging investments in daytime running light (DRL). Aided by the rising interest in mountain biking, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 8.4%. The market is projected to reach beyond USD 784.30 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the bicycle lights industry can be bifurcated into headlight and taillight. By application types, the market is segmented into mountain bicycle, commuting bicycle, and road bicycle. Based on products, the market is categorised into LED lamps, low-cost battery lights, flashlights, halogen lights, HID lights, and filament lights, among others. On the basis of sales channels, the industry is divided into online stores and offline stores. The major regional markets for bicycle lights are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Augusta Benelux B.V., CatEye Co., Ltd., Blitzu, Knog Pty Ltd, Lezyne USA Inc., NiteRider Technical Lighting, Serfas Inc., Trek Bicycle Corporation, Topeak Inc., and Giant Manufacturing Co. Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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