Global Two-wheeler Lighting Market: In-depth Evaluation on Growth, Share, Size and Trends Until the End of 2022
Request for Free Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=143
Increasing two-wheeler production around the world directly benefits all ancillary markets such as the two-wheeler lighting market. Factors such as stricter safety norms play a major role as two-wheeler lighting manufacturers need to ensure that their products comply with existing regulations in the country. This has compelled them to seek out innovative new technologies that help reduce power consumption while simultaneously increasing light output. In addition to safety aspects, the two-wheeler lighting market is anticipated to shine in the days ahead because of the desire of customers to have two-wheeler lights that are both, functional and fashionable.
Two-wheeler lighting comprises the system that provides the rider visibility in bad weather or complete darkness and alerts them of the size, presence, and position of any fellow motorist or pedestrian plying on the road. The three main technologies used in the two-wheeler lighting market are LED, halogen, and Xenon bulbs.
The Fact.MR report has analyzed the global two-wheeler lighting market for the forecast period and it is predicted to be worth nearly US$ 2.2 billion by the end of 2022 – recording a modest CAGR of 2.9%.
Similar Opportunity in Headlamp and Front Lamp Segment
The headlamp and the front lamp segment represent a similar market opportunity in the two-wheeler lighting market as both are just under a fifth of the revenue share by product type. The headlamp segment is slightly larger at just over US$ 416 million by the end of 2022. Europe and APEJ are by far the dominant regional contributors in the headlamp segment of the two-wheeler lighting market. This also holds true for the front light segment and key stakeholders in the two-wheeler lighting market would do well to take note.
Front Indicator and Side Lights Important in Two-Wheeler Lighting Market
The front indicator segment in the two-wheeler lighting market is on track to grow with a CAGR of 2.7% for the period from 2017 to 2022 and it accounts for approx. 13% revenue share. Even though Europe currently has the largest regional contribution to this segment, APEJ should record a higher CAGR and be inching closer to Europe by the year 2022. With respect to side lights, companies may want to target Latin America and APEJ as these dynamic, fast-growing regions are predicted to record an extremely robust CAGR which will make them strategic focus areas in the long run.
Browse Full Report with TOC- https://www.factmr.com/report/143/two-wheeler-lighting-market
Aftermarket Channel Dominates OEM in Two-Wheeler Lighting Market
The aftermarket channel consists of almost 2/3rd revenue share in the two-wheeler lighting market by sales channel and it is likely to retain this dominance for some time to come. The Europe aftermarket two-wheeler lighting market alone is on track to be worth just under US$ 340 million by the end of the study, making it too lucrative to ignore. The OEM channel is considerably smaller but is projected to gain share during the period. Hence, companies are advised not to overlook it entirely in favor of the more prominent aftermarket channel. Europe and APEJ are neck-and-neck in the OEM segment of the two-wheeler lighting market and it will be interesting to see when APEJ manages to outpace Europe.
The Fact.MR report on the two-wheeler lighting market has compiled a list of major players actively involved in the two-wheeler lighting market. A few of them include General Electric, Hyundai Mobis, Koito Manufacturing, Magnetti Marelli, OSRAM GmbH, Valeo, and Stanley Electric, Ichikoh Industries Ltd, HELLA KGaA Hueck & Co, and Koninklijke Philips N.V
Table of Content
Global Two Wheeler Lighting Market - Executive Summary
Global Two Wheeler Lighting Market Overview
2.1.1. Global Two Wheeler Lighting Market Taxonomy
2.1.2. Global Two Wheeler Lighting Market Definition
2.2. Global Two Wheeler Lighting Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Two Wheeler Lighting Market Y-o-Y Growth
2.3. Global Two Wheeler Lighting Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
Request Discount of this Report- https://www.factmr.com/connectus/sample?flag=D&rep_id=143
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
27 Upper Pembroke Street,
Dublin 2, Ireland
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Two-wheeler Lighting Market: In-depth Evaluation on Growth, Share, Size and Trends Until the End of 2022 here
News-ID: 1044727 • Views: 170
More Releases from Fact.MR
Vinyl Siding Market Poised to Garner Maximum Revenues During 2017 to 2026 | Key …
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global vinyl siding market as well as the factors responsible for such a growth. Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research. We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding
Toothcare Market Prognostications Highpoint Positive Revenue during Forecast Per …
In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global toothcare market considering 2012-2016 as the historic year and 2017-2026 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting toothcare market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume. The toothcare market study outlines the key regions
Global Surfboard Market Outlook Highlights Major Opportunities Likely to Steer D …
In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global surfboard market considering 2012-2016 as the historic year and 2017-2026 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting surfboard market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume. The surfboard market study outlines the key regions
Surfactant Cleansers and Adjuvants Market Global Outlook and Active Company Prog …
We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding the surfactant cleansers and adjuvants market growth. For enhancing readers' experience, the report starts with a basic overview about the surfactant cleansers and adjuvants and its classification. Further, we have considered 2013 as the base year, 2026 as the estimated year, 2017 - 2026 as the stipulated time frame. Surfactants are known to be surface
More Releases for Lighting
LED Lighting Optics Market
“Global LED Lighting Optics Market Insights, Forecast to 2025” This report researches the worldwide LED Lighting Optics Market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategies. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor
Global Train Lighting
“Global Train Lighting Industry Report" is an expert and in-depth analysis of key business and future development prospects, key determinants and restrictions, profiles of major market players, segmentation and forecasting. In this report, the global Train Lighting market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. You can
Global Track Lighting Market Forecast 2018-2025 Intense Lighting, AFX INC, Nora …
Survey Track Lighting Market 2018 A market study "Global Track Lighting Market" examines the performance of the Track Lighting market 2018. It encloses an in-depth Research of the Track Lighting market state and the competitive landscape globally. This report analyzes the potential of Track Lighting market in the present and the future prospects from various angles in detail. The Global Track Lighting Market 2018 report includes Track Lighting market Revenue, market Share,
LED Lighting Dominates Public Street Lighting Strategy
Street lighting is central to an urban centre’s infrastructure. The City of Ryde in NSW is currently undertaking LED retrofit projects with smart control LED technology. The technology is proving to be superior to older lighting technologies in reducing energy consumption and improving lighting management. Moving away from outdated technologies towards smart-controlled LED lighting yields a whole host of benefits from helping cities to save on lighting expenditure, improving lighting
Explosion Proof Lighting Market 2017 - GE Lighting, Hatch Transformers, Osram Sy …
The Global Explosion Proof Lighting Market 2017 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Explosion Proof Lighting industry. First, "Global Explosion Proof Lighting Industry 2017" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Explosion Proof Lighting industry chain structure. Major Companies Covered in this report:- GE Lighting Hatch Transformers Osram Sylvania Philips Lighting
National Lighting Introduce New Architectural Lighting Range
London, United Kingdom (18 February 2011) - National Lighting, a leading e-retailer of architectural, commercial, office, shop and trade lighting solutions, are now retailing a brand new collection of architectural lighting solutions. With the introduction of the new architectural lighting range comes a doubling in the amount of products available from National Lighting; with over 3,500 interior and exterior lighting options now featured on their website, all purpose-built for rooms of