Two-Wheeler Lighting Market Supply-Demand, Investment Feasibility and Forecast 2028

Two-Wheeler Lighting Market size was USD 3.9568 billion in 2022 and is expected to reach USD 3.3991 billion by 2028, exhibiting a CAGR of -2.5%.

A significant component of two-wheelers is lighting, which aids the rider in avoiding potholes and bumps in the road at night and in poor light. In inclement weather, it also gives riders visibility. Additionally, lights are employed to improve the aesthetics of two-wheelers. Energy-saving bulbs and LED lighting are utilised to reduce energy usage. The most popular kinds of illumination for two-wheelers are halogen, xenon, and LED.

Over the next few years, LED is expected to account for over one-fourth share of the total two-wheeler lighting market value. With steady DRL adoption by two-wheeler owners pushing LED scenarios, it will further strengthen with an exclusive application of LED in sequential turn lighting. Over the following few years, it is anticipated that LED will represent more than one-fourth of the market value for two-wheeler illumination. The exclusive use of LED in sequential turn lights would further enhance it as two-wheeler owners' continued acceptance of DRL pushes LED scenarios.

Highlights of the report:
• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• An objective assessment of the trajectory of the market

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Global Two-wheeler Lighting Market: By Vehicle Type
Motorcycles
Moped
Scooters

Global Two-wheeler Lighting Market: By Application
Front light
Rear light
Side light
Headlamp
Number Plate
Indicator
Front
Rear

Global Two-wheeler Lighting Market: By Technology
Halogen
HID/Xenon
LED

Global Two-wheeler Lighting Market: By Product Sale
OEMs
Aftermarkets

Global Two-wheeler Lighting Market: Key Players
Koninklijke Philips N.V
General Electric Company
HELLA KGaA Hueck & Co
Hyundai Mobis Co., Ltd
Koito Manufacturing Co. Ltd.
Magneti Marelli S.p.A
OSRAM GmbH
Stanley Electric
Valeo SA
Ichikoh Industries Ltd

Global Two-wheeler Lighting Market: Regions
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
• Asia Pacific (China, Japan, India, Southeast Asia and Australia)
• Latin America (Brazil, Argentina and Colombia)
• Middle East and Africa

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Two-Wheeler Lighting Market Report Objectives

1. To provide a thorough analysis of the market structure, as well as forecasts for various market segments and sub-segments in the global Two-Wheeler Lighting market.
2. To shed light on the factors influencing and affecting the growth of the Two-Wheeler Lighting market.
3. To provide historical, current, and projected revenue for market segments separated by material, type, design, and end user.
4. To provide historical, current, and projected revenue for market segments and sub-segments based on regional markets and key countries.
5. To provide strategic profiling of market key players, including in-depth analysis of their market shares and core competencies, as well as the development of a market competitive landscape.
6. To present economic factors, technologies, and market trends affecting the global Two-Wheeler Lighting market.

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