Motorcycle Lighting Market Size, Industry Trends, Share, Growth and Report 2023-2028
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The latest report by IMARC Group, titled “Motorcycle Lighting Market by Product (Light-Emitting Diode (LED) Lamps, Halogen Lamps, Discharge Gas Lamps, Incandescent Lamps, Xenon Lamps), Application (Head Lights, Tail Lights, Turn Signal Lights, and Others), Sales Channel (Original Equipment Manufacturers (OEMs), Aftermarket), and Region 2023-2028", The global motorcycle lighting market size reached US$ 12.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 26.6 Billion by 2028, exhibiting a growth rate (CAGR) of 12.8% during 2023-2028.
Motorcycle lighting refers to the system of lights and illumination components integrated into motorcycles to ensure visibility, safety, and aesthetic appeal. It enhances visibility day and night, reducing the risk of accidents. It includes headlights, which provide forward illumination for the rider, and taillights, which signal the motorcycle's presence to vehicles behind it. Additionally, turn signals and brake lights indicate the rider's intentions to other road users, thus contributing to road safety. It can also be a stylistic feature, with many riders customizing their bikes with light-emitting diode (LED) accent lights, under glow kits, and unique headlight designs to give their motorcycles a unique look and personality. As a result, motorcycle lighting is gaining immense traction among individuals across the globe.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/motorcycle-lighting-market/requestsample
Motorcycle Lighting Market Trends and Drivers:
The motorcycle lighting market is primarily driven by the several advances in LED technology. In addition, LED lights are energy-efficient, durable, and offer various color options, resulting in the adoption of LED lighting solutions by motorcycle manufacturers, thus influencing the market growth. Moreover, the widespread adoption of motorcycle lighting improves visibility, allowing riders to see and be seen on the road, reducing the risk of accidents while providing improved safety by signaling intentions and increasing awareness among other road users, thus representing another major growth-inducing factor. Also, custom lighting allows riders to personalize their bikes, expressing their style and individuality, thus augmenting the market growth. Besides this, the growing safety concerns and rising investment by manufacturers in advanced lighting solutions reduce the risk of accidents, especially in low-light conditions, are accelerating the market growth. Furthermore, motorcycle enthusiasts are looking for ways to customize their bikes and lighting with custom LED lights, underglow kits, and other decorative lighting options, thus propelling the market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Product Insights:
- Light-Emitting Diode (LED) Lamps
- Halogen Lamps
- Discharge Gas Lamps
- Incandescent Lamps
- Xenon Lamps
Application Insights:
- Head Lights
- Tail Lights
- Turn Signal Lights
- Others
Sales Channel Insights:
- Original Equipment Manufacturers (OEMs)
- Aftermarket
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Fiem Industries Limited
- J.W. Speaker Corporation
- Koninklijke Philips N.V.
- Motolight
- Osram Licht AG (ams AG)
- Stanley Electric Co. Ltd.
- UM Group
- UNO Minda
- Varroc Group
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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