A fresh study, covering “Two-wheeler Lighting Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the automotive market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the two-wheeler lighting market.
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Similar Opportunity in Headlamp and Front Lamp Segment
The headlamp and the front lamp segment represent a similar market opportunity in the two-wheeler lighting market as both are just under a fifth of the revenue share by product type. The headlamp segment is slightly larger at just over US$ 416 million by the end of 2022. Europe and APEJ are by far the dominant regional contributors in the headlamp segment of the two-wheeler lighting market. This also holds true for the front light segment and key stakeholders in the two-wheeler lighting market would do well to take note.
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 2/3rd 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.
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 Contents:
- Global Two Wheeler Lighting Market – Executive Summary
- Global Two Wheeler Lighting Market Overview
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
2.4. 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
- 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
184.108.40.206. Revenue (US$ Mn) Comparison, By Region
220.127.116.11. Market Share Comparison, By Region
18.104.22.168. Y-o-Y growth Comparison, By Region
3.1.2. Front Light Two Wheeler Lighting Market Size and Forecast, 2012-2022
22.214.171.124. Revenue (US$ Mn) Comparison, By Region
126.96.36.199. Market Share Comparison, By Region
188.8.131.52. Y-o-Y growth Comparison, By Region
3.1.3. Side Light Two Wheeler Lighting Market Size and Forecast, 2012-2022
184.108.40.206. Revenue (US$ Mn) Comparison, By Region
220.127.116.11. Market Share Comparison, By Region
18.104.22.168. Y-o-Y growth Comparison, By Region
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