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.
Technavio’s analysts forecast the global bicycle lights market to grow at a CAGR of 8.56% during the period 2017-2021.
Covered in this report 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.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, 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.
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
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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