Press Release

Persistence Market Research recently published a market study that provides analytical insights related to the overall prospects of the Bicycle Light Market during the forecast period 2018 – 2028. The report aims to assist business players, stakeholders, and investors to improve their standing in the current market landscape and gain a competitive edge over their competitors. The presented study evaluates the major trends, opportunities, drivers, and challenges that are expected to impact the growth of the Bicycle Light Market in the upcoming years.

The report reveals that the Bicycle Light Market is expected to register a CAGR growth of ~XX% during the forecast period and surpass the value of ~US$XX by the end of 2018 – 2028. Some of the leading factors that are expected to drive the growth of the market include, rising investments for research and development, the advent of cutting-edge technology, and favorable government policies in certain regions.

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Essential Findings of the Report:

  • Most effective marketing and distribution channels adopted by market players
  • Market attractiveness of various regional markets
  • Trends influencing the current dynamics of the Bicycle Light Market
  • Growth prospects of various market segments
  • Leading market players in the Bicycle Light Market

The data enclosed in the report such as the Year-on-Year (Y-o-Y) market growth, supply chain analysis, value chain analysis and more will enable readers to assess the quantitative aspects of the Bicycle Light Market with clarity. The presented study is a vital asset for stakeholders, investors, and market players involved in the Bicycle Light Market who can leverage the information in the report to develop effective business strategies.

Get Access To TOC Covering 200+ Topics at https://www.persistencemarketresearch.co/toc/23359

Key Players

Key players in the global bicycle light market are:  

  • Garmin Ltd.
  • Cygolite
  • Cateye Co., Ltd.
  • GACIRON
  • Goldmore Co., Ltd.
  • Lord Benex
  • Knog
  • Smart Bike Light
  • NiteRider Technical Lighting Systems
  • Blackburn
  • Schwinn
  • Serfas
  • Lezyne
  • Sense.
  • LEDbyLITE

Opportunities for Market Participants

The pollution caused due to the emission from fuel-driven vehicles has increased to a never-before high level in the recent past; this has been capitalized as an opportunity for green solution providers and manufacturers. Bicycle manufacturers and accessories providers can exploit these conditions as an opportunity to expand and increase their business. Eco-friendly modes of transport, such as bicycles, have already gained popularity in European countries such as Denmark, the Netherlands, and London

Key Developments of Market Participants

  • In April 2017, Garmin International Inc., a unit of Garmin Ltd., announced the launch of Varia UT800, a high intensity cycling headlight for trail and urban use. The new Varia UT800 automatically adjusts beam intensity to changing ride profile, light conditions, and cyclist speed to extend battery life

Brief Approach to Research

FMI will follow a triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, mounting type, bicycle type and sales channel of the product segments covered in the study are followed by a demand-side analysis to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level and consolidated and synthesized at a global level to estimate the overall market sizes.  

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

  • An overview of the bicycle light market, including background and evolution
  • Macroeconomic factors affecting the bicycle light market and their potential
  • Market dynamics, such as drivers, challenges and trends
  • Technology roadmap involved, from inception period to present date
  • Detailed value chain analysis of the bicycle light market
  • Cost structure of the products and segments covered in the global bicycle light market
  • In-depth pricing analysis by key product segments, regions and major bicycle light market participants
  • Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario in the global bicycle light market
  • Analysis of the global bicycle light market structure, including a tier-wise categorization of key bicycle light market participants
  • Competitive landscape of the market, including detailed profiles of top players in the bicycle light market

The report clarifies the following doubts related to the Bicycle Light Market:

  • Which region offers promising growth opportunities in the Bicycle Light Market during the forecast period 2018 – 2028?
  • How can new market players establish their presence in the Bicycle Light Market?
  • What is the impact of technology on the Bicycle Light Market?
  • What is the estimated value of the Bicycle Light Market in 2019?
  • What are the factors that could impede the growth of the Bicycle Light Market?

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About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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