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Global Bicycle Lights Market: By Type: Headlight, Taillight; By Application Type: Mountain Bicycle, Commuting Bicycle, Road Bicycle; By Product: LED Lamps, Low-cost battery lights, Others; By Sales Channel; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Bicycle Lights Market Outlook

The global bicycle lights market attained a value of more than USD 323.1 million in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 8.45% to reach beyond USD 522.8 million by 2027.

 

Rising Use of Bicycles as a Preferred Mode of Transportation Augmenting the 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.

 

Global Bicycle Lights Market

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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.

 

Bicycle Lights: Industry Definition and 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.

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.

 

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.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application Type, Product, Sales Channel, Region
Breakup by Type Headlight, Taillight
Breakup by Application Type Mountain Bicycle, Commuting Bicycle, Road Bicycle
Breakup by Product LED Lamps, Low-cost battery lights, Flashlights, Flashlights, HID lights, Filament lights, Others
Breakup by Sales Channel Sales Channel, Offline Stores
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Augusta Benelux B.V., CatEye Co., Ltd., Blitzu, Knog Pty Ltd, Lezyne USA Inc., Lezyne USA Inc., Serfas Inc., Trek Bicycle Corporation, Topeak Inc., Giant Manufacturing Co. Ltd., Others
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.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Industry Opportunities and Challenges
8    Global Bicycle Lights Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Bicycle Lights Historical Market (2017-2021) 
    8.3    Global Bicycle Lights Market Forecast (2022-2027)
    8.4    Global Bicycle Lights Market by Type
        8.4.1    Headlight
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Taillight
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Bicycle Lights Market by Application Type
        8.5.1    Mountain Bicycle
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Commuting Bicycle
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Road Bicycle
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
    8.6    Global Bicycle Lights Market by Product
        8.6.1    LED Lamps
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Low-cost battery lights
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Flashlights
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Halogen lights
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
        8.6.5    HID lights
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2017-2021)
            8.6.5.3    Forecast Trend (2022-2027)
        8.6.6    Filament lights
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2017-2021)
            8.6.6.3    Forecast Trend (2022-2027)
        8.6.7    Others
    8.7    Global Bicycle Lights Market by Sales Channel
        8.7.1    Online Stores
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Offline Stores
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
    8.8    Global Bicycle Lights Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Augusta Benelux B.V.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    CatEye Co., Ltd.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Blitzu
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Knog Pty Ltd
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Lezyne USA Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    NiteRider Technical Lighting
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Serfas Inc.
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Trek Bicycle Corporation
            12.2.8.1    Company Overview
            12.2.8.2    Product Portfolio
            12.2.8.3    Demographic Reach and Achievements
            12.2.8.4    Certifications
        12.2.9    Topeak Inc.
            12.2.9.1    Company Overview
            12.2.9.2    Product Portfolio
            12.2.9.3    Demographic Reach and Achievements
            12.2.9.4    Certifications
        12.2.10    Giant Manufacturing Co. Ltd.
            12.2.10.1    Company Overview
            12.2.10.2    Product Portfolio
            12.2.10.3    Demographic Reach and Achievements
            12.2.10.4    Certifications
        12.2.11    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Bicycle Lights Market: Key Industry Highlights, 2017 and 2027
2.    Global Bicycle Lights Historical Market: Breakup by Type (USD Million), 2017-2021
3.    Global Bicycle Lights Market Forecast: Breakup by Type (USD Million), 2022-2027
4.    Global Bicycle Lights Historical Market: Breakup by Application Type (USD Million), 2017-2021
5.    Global Bicycle Lights Market Forecast: Breakup by Application Type (USD Million), 2022-2027
6.    Global Bicycle Lights Historical Market: Breakup by Product (USD Million), 2017-2021
7.    Global Bicycle Lights Market Forecast: Breakup by Product (USD Million), 2022-2027
8.    Global Bicycle Lights Historical Market: Breakup by Sales Channel (USD Million), 2017-2021
9.    Global Bicycle Lights Market Forecast: Breakup by Sales Channel (USD Million), 2022-2027
10.    Global Bicycle Lights Historical Market: Breakup by Region (USD Million), 2017-2021
11.    Global Bicycle Lights Market Forecast: Breakup by Region (USD Million), 2022-2027
12.    North America Bicycle Lights Historical Market: Breakup by Country (USD Million), 2017-2021
13.    North America Bicycle Lights Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Europe Bicycle Lights Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Europe Bicycle Lights Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Asia Pacific Bicycle Lights Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Asia Pacific Bicycle Lights Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Latin America Bicycle Lights Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Latin America Bicycle Lights Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Middle East and Africa Bicycle Lights Historical Market: Breakup by Country (USD Million), 2017-2021
21.    Middle East and Africa Bicycle Lights Market Forecast: Breakup by Country (USD Million), 2022-2027
22.    Global Bicycle Lights Market Structure

Key Questions Answered in the Report

In 2021, the global bicycle lights market attained a value of more than USD 323.1 million.

The market is projected to grow at a CAGR of 8.45% between 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach beyond USD 522.8 million by 2027.

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 323.1 million in 2021, 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 2022-2027, growing at a CAGR of 8.45%. The market is projected to reach beyond USD 522.8 million by 2027.

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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