openPR Logo
Press release

Motorcycle Lighting Market Growth, Demand and Technology Research 2017 – 2027

01-11-2019 04:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Motorcycle Lighting Market Growth, Demand and Technology

Motorcycle lighting involves the usage of illuminating devices for the purpose of providing visibility to the riders travelling in dark environment. The lighting solution also helps in alerting other drivers, riders and pedestrians about its presence in the low light conditions and bad weather.

Motorcycle Lighting Market: Dynamics

Motorcycle has proven to be a very popular transportation motor vehicle among the middle class consumers especially in the developing regions such as Asia Pacific. This popularity has led to an improved sales of two wheelers and has witnessed further demand making it as the primary growth driver in the motorcycle lighting market.

Request to Sample of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4064

Motorcycles, which fall under the medium to low price range bracket are sold to the consumers with factory fitted incandescent lamps for both head lights and tail lights. These lighting solutions wear out quite quickly leading to reduced illumination. This has caused a switch to adopt LED lighting solutions in the aftermarket sales channel witnessing a healthy growing trend of utilizing LED lights in the future. Advancements in the motorcycle lighting also involves selective fitment of adaptive lighting technologies, laser light technology, OLED lighting, etc. which can become standard fitments in the future. Though the prices of these standalone technologies is quite higher as compared to traditional motorcycle lighting solutions, large scale adoption by the OEMs of such technologies can bring down its prices making it more affordable to the consumers.

Though not much of a significant development in the current scenario but the trend of using lighting solutions in areas other than for primary visibility purposes such as aesthetics and decorations has picked up pace especially among the youth is likely to gain foothold in the mainstream market proving opportunities to increase the revenue generated from the motorcycle lighting market.

Motorcycle LightingMarket: Segmentation

Motorcycle LightingMarket can be segmented as follows;

By Product type, the Motorcycle Lighting market can be segmented as:

Light-Emitting Diode (LED) Lamps
Halogen Lamps
Discharge Gas Lamps
Incandescent Lamps
Xenon Lamps

By Application, the Motorcycle Lighting market can be segmented as:

Head Lights
Tail Lights
Turn Signal Lights
Others (Dashboard Lights etc.)

By Sales Channel, the Motorcycle Lighting market can be segmented as:

Original Equipment Manufacturers (OEMs)
Aftermarket

Motorcycle LightingMarket: Regional Outlook

The market value of motorcycle lighting is correlated to the sales of motorcycles taking place on a global level. With a low replacement rate of motorcycle lighting owing to improvement in product life, the original equipment manufacturer takes up a majority of market share in comparison to aftermarket sales channel. From the perspective of regional segmentation, the consumers in highly developed regions such as North America and Western Europe prefer four wheelers over two wheelers owing to high disposable incomes and luxury preferences driving the growth of the motorcycle lighting market at a sluggish pace over the forecast period.

The same also holds true for the GCC countries, where the sales of motorcycles is largely overshadowed by the four wheeled vehicle sales bringing up slightly lesser opportunities for the sustenance of the market. In contrast, Asia Pacific region has witnessed significant manufacture and sales of motorcycles especially in China, India and ASEAN countries. The former two countries are considered to be large manufacturers of motorcycles in the world providing ample opportunities for the positive growth of motorcycle lighting market in the upcoming years. Latin America and Eastern Europe have also witnessed large population of motorcycle users, which has been improving at a healthy rate year on year that can attribute to the growth of the said market.

Request Report for TOC @ https://www.futuremarketinsights.com/toc/rep-gb-4064

Motorcycle Lighting Market: Market Participants

Examples of some of the market participants identified in the Global Motorcycle Lighting market include:

UM Group
Varroc Group
Fiem Industries Ltd.
Koninklijke Philips N.V.
OSRAM GmbH
Lumax Industries Limited
N K Minda Group
Hella KGaA Hueck & Co.
Federal-Mogul LLC
Stanley Electric Co., Ltd.
Cobo S.p.A.
Zadi S.p.A.
Rinder India, Pvt. Ltd.
AMPAS Industries Co., Ltd.
MotoLight
ZKW Group
J.W. Speaker Corporation

About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Motorcycle Lighting Market Growth, Demand and Technology Research 2017 – 2027 here

News-ID: 1488711 • Views: 167

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Motorcycle

Motorcycle Crash Statistics in Indiana
The freedom and exhilaration of motorcycle riding down an open highway helps to explain why the pastime is so popular. Yet the excitement and high spirits are balanced by risk of injury, and sometimes worse. Atop a motorcycle, a rider is exposed in ways automobile drivers are not. A direct hit by another vehicle can render the possibility of being thrown from the bike, leading to greater harm. Furthermore, a
Motorcycle Connectors Market Insights 2019-2025
The report is prepared with the sole aim of equipping players with industry-best analysis and useful recommendations for securing a top position in the global Motorcycle Connectors Market. You can discover high-growth opportunities in the global Motorcycle Connectors market with our exclusive research and assess risk factors to stay prepared for any market challenges beforehand. Our deep segmentation study will enable you to focus on key segments of the global
Global Self-balancing Motorcycle Market 2017-2021
Researchmoz added Most up-to-date research on "Global Self-balancing Motorcycle Market 2017-2021" to its huge collection of research reports. About Self-balancing Motorcycle A self-balancing motorcycle is one which has the capability to come to a complete stop and stand upright without falling either side. Such self-balancing motorcycle comes with self-balancing wheels which imbibes stability into the motorcycle to stand upright even if the motorcycle is not moving. According to automotive experts, such self-balancing
Global Motorcycle Accessories Market
Motorcycle Accessories Market: Drivers and Restraints Perpetual growth in motor cycle sales coupled with new variants of motor cycle introduced by manufacturers catalyzed the growth of motorcycle accessories market, which grew at a CAGR of over 4% in past five years. Expansion of European and American motorcycle manufacturers in emerging markets also contributed to the demand for motorcycle accessories. Technology advancement led to wider adoption of accessories across target customer base. A
Motorcycle e-Call Market 2017
Market Research Analysts forecast global motorcycle ecall market to grow at a CAGR of 211.85% during the period 2017-2021. According to the report, one driver in market is growing electrification of mechanical components, increasing use of electronic components in motorcycles. The global demand for high-powered motorcycles is on the rise. The development of one component brings forth other components that increase the efficiency and riding experience of the rider. This demand
Motorcycle Accident Law Firm Celebrates Twentieth Anniversary
Nationwide motorcycle accident law firm Kass & Moses announced today that it recently celebrated its twentieth anniversary as a motorcycle accident law firm. The firm was founded in May, 1992, by partners Joe Moses and Andrew Kass. "In this day and age of law firm dissolutions and break-ups, partners abandoning their firm and partners and associates getting laid off, our firm has weathered the storm and is growing rather than