City of Industry, CA -- (SBWire) -- 06/29/2018 --This report studies the global Bicycle Lights market status and forecast, categorizes the global Bicycle Lights market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Bicycle Lights are useful when intending on cycling after dark. It's a legal requirement to have a white light at the front and a red and the rear, and it's dangerous to ride without them. Besides, bicycle light is also considered a sensible idea to use a beam in the day time too, to aid visibility.
In the last several years, global market of Bicycle Lights developed rapidly as the legal require. In 2016, the global actual sales is about 15 million units.
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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.
Market concentration degree is not high. The top 5 players just account for nearly 30% market share. While there are thousands of players with a small shipment.
The global Bicycle Lights market is valued at 250 million US$ in 2017 and will reach 480 million US$ by the end of 2025, growing at a CAGR of 8.4% during 2018-2025.
The major players covered in this report
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
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
United States
Europe
China
Japan
Southeast Asia
India
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Bicycle Lights Sales Market Is Expected to Reach 480 Million US$ by 2025 – QY Research
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