Bicycle Lights - Global Market Review and Forecast to 2027 with Profiles of 54 Industry Players Including BBB Cycling, Blitzu, NiteRider, Reelight, Serfas, Topeak, and Trek Bicycle Corporation - ResearchAndMarkets.com

The "Bicycle Lights - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis and the looming economic recession, the Bicycle Lights market worldwide will grow by a projected 184.8 Million Units, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 7.7%.

The global analysis and forecast periods covered are 2020-2027 (current & future analysis) and 2012-2019 (historic review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.

Stock-Fitted Lights, one of the segments analyzed and sized in this study, is forecast to grow at over 7% and reach a market size of 175.3 Million Units by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Stock-Fitted Lights market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 6.3% CAGR. Within Europe, Germany will add over 5.6 Million Units to the region's size over the next 7 to 8 years. In addition, over 5.5 Million Units worth of projected demand in the region will come from Rest of European markets. In Japan, the Stock-Fitted Lights segment will reach a market size of 7.3 Million Units by the close of the analysis period.

Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Bicycle Lights market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 12.3% over the next couple of years and add approximately 46.4 Million Units in terms of addressable market opportunity.

Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Bicycle Lights market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others:

  • BBB Cycling
  • Blitzu
  • Bright Eyes Products
  • CatEye Co. Ltd.
  • Giant Bicycle, Inc.
  • Knog Pty Ltd.
  • Lezyne Inc.
  • Light & Motion Industries (LMI)
  • NiteRider
  • Reelight ApS
  • Serfas
  • Topeak Inc.
  • Trek Bicycle Corp.

Key Topics Covered

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Bicycle Lights Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 54

For more information about this report visit https://www.researchandmarkets.com/r/zefjta