Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
In the world economic growth, the Bicycle Lights industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Bicycle Lights market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Bicycle Lights market size will be further expanded, we expect that by 2024, The market size of the Bicycle Lights will reach XXX million $.
Overview:
Bicycle lights are important for bicycles as it makes the riding more clear and bright during dark time. It is essential for the bicycles to have white lights and red lights in front and back respectively as that could save one from dangerous rides. Changes in lifestyle and health awareness has led many people to ride bicycles for better and fit health.
The global bicycle lights market is divided into six regions, such as Africa, Middle East, North America, Europe, South America and Asia Pacific
Drivers:
Rising number of bicycle and increasing riders’ safety is anticipated to aid the growth of the global bicycle lights market. As per NBDA, there is sale of 15 to 20 million bicycles annually.
Moreover, novel advancements in bicycle lights is anticipated to boost the growth of the global bicycle lights market.
Restraints:
Expensive lights and other accessories is anticipated to hinder the growth of the global bicycle lights market.
Regional Insights:
Asia Pacific is anticipated to witness robust growth in the global bicycle lights market due to rising sales of bicycles. As per customs data, a whole of 16.19 million bicycles were sold which accounts for 73.4% every year.
Furthermore, North America is anticipated to witness significant growth in the global bicycle lights market due to rising tourist visits and strict rules while cycling on roads.
Competitive Section:
Major players operating the global bicycle lights market are CatEye, Reelight, Bright Eyes, Trek Bicycle, TRELOCK, Exposure Lights, Blitzu, Spanninga Bicycle Components,
LIGHT & MOTION, SIGMA Elektro, Topeak, Planet Bike, Giant, BBB Cycling, Fenix, Magicshine, NiteRider, Shenzhen Niteye, Blackburn, Moon Sport, Knog, Serfas and Ferei.
In April 2017, a unit of Garmin Ltd. declared the approval of Varia UT800, a huge power cycling headlight for trial and use.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
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
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Headlight
Taillight
Industry Segmentation
Mountain Bicycle
Road Bicycle
Commuting Bicycle
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
