Bicycle Lights Market 8.56% CAGR by 2021 Driven by Popularity of Bicycle Rental Programs

The analysts forecast global bicycle lights market to grow at a CAGR of 8.56% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global bicycle lights market for 2017-2021. To calculate the market size, the report considers the total number of bicycle production, region wise and the head lamp and the rear lamp used in bicycle.

Bicycle lights help improve the visibility of the bicycle riders and the other road users, when there is a poor lighting condition. These lights also help illuminate the reflective road and traffic signals on the road. They help the rider to see and identify the hazards ahead in road.

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Global Bicycle Lights Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Key vendors
• CatEye
• Lezyne
• Mujo International
• NiteRider

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Other prominent vendors
• Topeak
• BBB Cycling
• Blitzu
• Bright Eyes Products
• Reelight
• Giant
• LIGHT & MOTION
• Knog
• Trek Bicycle
• Serfas

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Market driver
• Popularity of bicycle rental programs
• For a full, detailed list, view our report

Market challenge
• Flashy lights causing blinding effect to eyes of driver
• For a full, detailed list, view our report

Market trend
• Growth in online retail
• For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.