Scope of Global Two-wheeler Lighting Market: Size, Trends, Demand, Share and Growth Forecast till 2022

Rockville, US, 2018-Apr-05 — /EPR Network/ —  Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Two-wheeler Lighting Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global two-wheeler lighting market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2026.

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Increasing two-wheeler production around the world directly benefits all ancillary markets such as the two-wheeler lighting market. Factors such as stricter safety norms play a major role as two-wheeler lighting manufacturers need to ensure that their products comply with existing regulations in the country. This has compelled them to seek out innovative new technologies that help reduce power consumption while simultaneously increasing light output. In addition to safety aspects, the two-wheeler lighting market is anticipated to shine in the days ahead because of the desire of customers to have two-wheeler lights that are both, functional and fashionable.

Two-wheeler lighting comprises the system that provides the rider visibility in bad weather or complete darkness and alerts them of the size, presence, and position of any fellow motorist or pedestrian plying on the road. The three main technologies used in the two-wheeler lighting market are LED, halogen, and Xenon bulbs.

The Fact.MR report has analyzed the global two-wheeler lighting market for the forecast period and it is predicted to be worth nearly US$ 2.2 billion by the end of 2022 – recording a modest CAGR of 2.9%.

Front Indicator and Side Lights Important in Two-Wheeler Lighting Market

The front indicator segment in the two-wheeler lighting market is on track to grow with a CAGR of 2.7% for the period from 2017 to 2022 and it accounts for approx. 13% revenue share. Even though Europe currently has the largest regional contribution to this segment, APEJ should record a higher CAGR and be inching closer to Europe by the year 2022. With respect to side lights, companies may want to target Latin America and APEJ as these dynamic, fast-growing regions are predicted to record an extremely robust CAGR which will make them strategic focus areas in the long run.

Aftermarket Channel Dominates OEM in Two-Wheeler Lighting Market

The aftermarket channel consists of almost 2/3^rd revenue share in the two-wheeler lighting market by sales channel and it is likely to retain this dominance for some time to come. The Europe aftermarket two-wheeler lighting market alone is on track to be worth just under US$ 340 million by the end of the study, making it too lucrative to ignore. The OEM channel is considerably smaller but is projected to gain share during the period. Hence, companies are advised not to overlook it entirely in favor of the more prominent aftermarket channel. Europe and APEJ are neck-and-neck in the OEM segment of the two-wheeler lighting market and it will be interesting to see when APEJ manages to outpace Europe.

Competition Tracking

The Fact.MR report on the two-wheeler lighting market has compiled a list of major players actively involved in the two-wheeler lighting market. A few of them include General Electric, Hyundai Mobis, Koito Manufacturing, Magnetti Marelli, OSRAM GmbH, Valeo, and Stanley Electric, Ichikoh Industries Ltd, HELLA KGaA Hueck & Co, and Koninklijke Philips N.V

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Table of Content

1. Global Two Wheeler Lighting Market – Executive Summary
2. Global Two Wheeler Lighting Market Overview
   2.1. Introduction
   2.1.1. Global Two Wheeler Lighting Market Taxonomy
   2.1.2. Global Two Wheeler Lighting Market Definition
   2.2. Global Two Wheeler Lighting Market Size (US$ Mn) and Forecast, 2012-2022
   2.2.1. Global Two Wheeler Lighting Market Y-o-Y Growth
   2.3. Global Two Wheeler Lighting Market Dynamics
   2.3.1. Drivers
   2.3.2. Restraints
   2.3.3. Trends
   2.4. Supply Chain
   2.5. Cost Structure
   2.6. Pricing Analysis
   2.7. Raw Material Sourcing Strategy and Analysis
   2.8. List of Distributors
   2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Two Wheeler Lighting Market Analysis and Forecast By Product Type 
   3.1. Global Two Wheeler Lighting Market Size and Forecast By Product Type, 2012-2022
   3.1.1. Headlamp Two Wheeler Lighting Market Size and Forecast, 2012-2022
   3.1.1.1. Revenue (US$ Mn) Comparison, By Region
   3.1.1.2. Market Share Comparison, By Region
   3.1.1.3. Y-o-Y growth Comparison, By Region
   3.1.2. Front Light Two Wheeler Lighting Market Size and Forecast, 2012-2022
   3.1.2.1. Revenue (US$ Mn) Comparison, By Region
   3.1.2.2. Market Share Comparison, By Region
   3.1.2.3. Y-o-Y growth Comparison, By Region

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