The global Bicycle Lights market was valued at 26.13 Million USD in 2021 and will grow with a CAGR of 7.93% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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. 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.

By Market Verdors:

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

By Types:

Headlight

Taillight

By Applications:

Mountain Bicycle

Road Bicycle

Commuting Bicycle

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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