Press release
Global Bicycle Lights Market accounted for USD 250 million in 2019 and is expected to reach around USD 400 million globally by 2024, at a CAGR of 8.3% between 2019 and 2024
Global Bicycle Lights Market
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.
The worldwide market for Bicycle Lights is expected to grow at a CAGR of roughly 8.3% over the next five years, will reach 400 million US$ in 2024, from 250 million US$ in 2019.
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Market Segment by Manufacturers, this report covers
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
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Headlight
Taillight
Market Segment by Applications, can be divided into
Mountain Bicycle
Road Bicycle
Commuting Bicycle
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The Global Bicycle Lights Market 2019 is further emphasis on the basis of product pricing, Bicycle Lights production volume, data pertaining to demand and Bicycle Lights supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of Bicycle Lights along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for Bicycle Lights across the globe.
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