Lighting is a crucial part of any automotive since it helps a rider to avoid pits and bumps on the road at night and also offers visibility to riders under bad weather conditions. Energy-saving bulbs and LED lights are used to lessen energy consumption; common types of two-wheeler lightings comprise LED, halogen, and xenon. The increase in demand for motorcycles, growth in disposable income, and the rise in customers spending around the globe are estimated to drive the two wheeler lighting market during the forecast period.
MARKET DYNAMICS
The growing regulatory standards are driving the growth of the two wheeler lighting market. However, the high cost may restrain the growth of the two wheeler lighting market. Furthermore, the growing automotive industry is anticipated to witness massive demand during the forecast period.
MARKET SCOPE
The "Global Two Wheeler Lighting Market Analysis to 2028" is a specialized and in-depth study of the two wheeler lighting market with a special focus on the global market trend analysis. The report aims to provide an overview of two wheeler lighting market with detailed market segmentation by type, light type, application and geography. The global two wheeler lighting market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading two wheeler lighting market players and offers key trends and opportunities in the two wheeler lighting market.
MARKET SEGMENTATION
The global two-wheeler lighting market is segmented on the basis of type, light type, and application. On the basis of type, the market is segmented as motorcycles, scooters, mopeds, electronic bikes, and others. On the basis of light type, the market is segmented Halogen, Xenon, and LED. On the basis of application, the market is segmented as headlights, indicators, and rear lights.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global two wheeler lighting market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The two wheeler lighting market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting two wheeler lighting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the two wheeler lighting market in these regions.
MARKET PLAYERS
The reports cover key developments in the two wheeler lighting market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from two wheeler lighting market are anticipated to lucrative growth opportunities in the future with the rising demand for two wheeler lighting market. Below mentioned is the list of few companies engaged in the two wheeler lighting market.
The report also includes the profiles of key two wheeler lighting market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Fiem Industries Limited
- Koninklijke Philips N.V.
- Lumax Auto Technologies
- MACLITE
- Neolite ZKW
- OSRAM GmbH
- Phoenix Lamps (Suprajit)
- STANLEY ELECTRIC CO., LTD.
- UNO Minda Group
- Varroc Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.