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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 2024-2032
Market Report I 2024-04-08 I 138 Pages I IMARC Group
The global motorcycle lighting market size reached US$ 14.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 38.6 Billion by 2032, exhibiting a growth rate (CAGR) of 11.2% during 2024-2032. The rising adoption of motorcycles, the increasing demand for aftermarket LED lights, and the introduction of adaptive lighting technology represent some of the key factors driving the market.
Motorcycle lighting refers to illuminating devices that provide visibility to riders traveling in dark and dense environments. It includes the head, tail, turn signal, brake, accessory, auxiliary, accent, and styling lights. Motorcycle lighting consists of various light sources, such as halogen, xenon high-intensity discharge (HID), incandescent, and light-emitting diode (LED) lamps. It is widely used to illuminate the road ahead, indicate the direction, alert other drivers and pedestrians, and provide better visibility during bad weather conditions. Motorcycle lighting also assists in maintaining a safe distance on the road, preventing accidents and enhancing the vehicle's visibility. It is also reliable, extremely durable, vibration resistant, and helps alert other drivers and riders about its presence in low light conditions.
Motorcycle Lighting Market Trends:
The rising adoption of motorcycles across the globe due to their cost-effectiveness, lower fuel consumption, and enhanced mobility is one of the primary factors driving the market growth. Motorcycle lighting is an essential component of the two-wheelers as it aids in safe riding, prevents accidents, helps maneuver, and provides visibility during extreme weather conditions. In addition to this, increasing product utilization for decoration purposes and improving the vehicle's visual aesthetics is acting as another growth-inducing factor. Furthermore, the rising demand for aftermarket LED lighting solutions due to their improved safety, lower failure rate, increased illumination, consistent beam pattern, and higher performance than OEM incandescent lamps is providing an impetus to the market growth. Apart from this, the recent launch of adaptive lighting technology that illuminates dark spots left and right of the main light beam and eliminates dark corners on sharp turns, which, in turn, enhances safety, increases riders' confidence, and improves awareness of road hazards, such as potholes and wildlife, is positively influencing the market growth. Moreover, the introduction of laser light technology that reduces power consumption, provides brighter and true white light, offers longer high beam throw distance, and does not blind the oncoming vehicle drivers is favoring the market growth. Other factors, including rising expenditure capacities of consumers, easy product availability across e-commerce platforms, the introduction of wide-ranging options with modern features and appearances, and development of organic LED (OLED) lights, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global motorcycle lighting market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on product, application, and sales channel.
Product Insights:
Light-Emitting Diode (LED) Lamps
Halogen Lamps
Discharge Gas Lamps
Incandescent Lamps
Xenon Lamps
The report has also provided a detailed breakup and analysis of the motorcycle lighting market based on the product. This includes light-emitting diode (LED), halogen, discharge gas, incandescent, and xenon lamps. According to the report, halogen lamps represented the largest segment.
Application Insights:
Head Lights
Tail Lights
Turn Signal Lights
Others
A detailed breakup and analysis of the motorcycle lighting market based on the application has been provided in the report. This includes head lights, tail lights, turn signal lights, and others. According to the report, head lights accounted for the largest market share.
Sales Channel Insights:
Original Equipment Manufacturers (OEMs)
Aftermarket
The report has also provided a detailed breakup and analysis of the motorcycle lighting market based on the sales channel. This includes original equipment manufacturers (OEMs) and aftermarket. According to the report, original equipment manufacturers (OEMs) represented the largest segment.
Regional Insights:
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
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for motorcycle lighting. Some of the factors driving the Asia Pacific motorcycle lighting market included the increasing demand for motorcycles, rising expenditure capacities of consumers, and widespread adoption of LED lighting solutions.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global motorcycle lighting market. Detailed profiles of all major companies have also been provided. Some of the companies covered include 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, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global motorcycle lighting market performed so far and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global motorcycle lighting market?
What are the key regional markets?
Which countries represent the most attractive motorcycle lighting markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What is the breakup of the market based on the sales channel?
What is the competitive structure of the global motorcycle lighting market?
Who are the key players/companies in the global motorcycle lighting market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Motorcycle Lighting Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Light-Emitting Diode (LED) Lamps
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Halogen Lamps
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Discharge Gas Lamps
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Incandescent Lamps
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Xenon Lamps
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1 Head Lights
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Tail Lights
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Turn Signal Lights
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Sales Channel
8.1 Original Equipment Manufacturers (OEMs)
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Aftermarket
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
10.1 Overview
10.2 Drivers
10.3 Restraints
10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Fiem Industries Limited
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.2 J.W. Speaker Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Koninklijke Philips N.V.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Motolight
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Osram Licht AG (ams AG)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.6 Stanley Electric Co. Ltd.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 UM Group
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 UNO Minda
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 Varroc Group
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.
Figure 1: Global: Motorcycle Lighting Market: Major Drivers and Challenges
Figure 2: Global: Motorcycle Lighting Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Motorcycle Lighting Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Motorcycle Lighting Market: Breakup by Product (in %), 2023
Figure 5: Global: Motorcycle Lighting Market: Breakup by Application (in %), 2023
Figure 6: Global: Motorcycle Lighting Market: Breakup by Sales Channel (in %), 2023
Figure 7: Global: Motorcycle Lighting Market: Breakup by Region (in %), 2023
Figure 8: Global: Motorcycle Lighting (Light-Emitting Diode (LED) Lamps) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Motorcycle Lighting (Light-Emitting Diode (LED) Lamps) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Motorcycle Lighting (Halogen Lamps) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Motorcycle Lighting (Halogen Lamps) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Motorcycle Lighting (Discharge Gas Lamps) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Motorcycle Lighting (Discharge Gas Lamps) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Motorcycle Lighting (Incandescent Lamps) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Motorcycle Lighting (Incandescent Lamps) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Motorcycle Lighting (Xenon Lamps) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Motorcycle Lighting (Xenon Lamps) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Motorcycle Lighting (Head Lights) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Motorcycle Lighting (Head Lights) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Motorcycle Lighting (Tail Lights) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Motorcycle Lighting (Tail Lights) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Motorcycle Lighting (Turn Signal Lights) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Motorcycle Lighting (Turn Signal Lights) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Motorcycle Lighting (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Motorcycle Lighting (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Motorcycle Lighting (Original Equipment Manufacturers (OEMs)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Motorcycle Lighting (Original Equipment Manufacturers (OEMs)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Motorcycle Lighting (Aftermarket) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Motorcycle Lighting (Aftermarket) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: North America: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: North America: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: United States: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: United States: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Canada: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Canada: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Asia-Pacific: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Asia-Pacific: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: China: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: China: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Japan: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Japan: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: India: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: India: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: South Korea: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: South Korea: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Australia: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Australia: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Indonesia: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Indonesia: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Others: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Others: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Europe: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Europe: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Germany: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Germany: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: France: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: France: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: United Kingdom: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: United Kingdom: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Italy: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Italy: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Spain: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Spain: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Russia: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Russia: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Others: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Others: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Latin America: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Latin America: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Brazil: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Brazil: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Mexico: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Mexico: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Others: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Others: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Middle East and Africa: Motorcycle Lighting Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Middle East and Africa: Motorcycle Lighting Market: Breakup by Country (in %), 2023
Figure 78: Middle East and Africa: Motorcycle Lighting Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Global: Motorcycle Lighting Industry: Drivers, Restraints, and Opportunities
Figure 80: Global: Motorcycle Lighting Industry: Value Chain Analysis
Figure 81: Global: Motorcycle Lighting Industry: Porter's Five Forces Analysis
Table 1: Global: Motorcycle Lighting Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Motorcycle Lighting Market Forecast: Breakup by Product (in Million US$), 2024-2032
Table 3: Global: Motorcycle Lighting Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 4: Global: Motorcycle Lighting Market Forecast: Breakup by Sales Channel (in Million US$), 2024-2032
Table 5: Global: Motorcycle Lighting Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Motorcycle Lighting Market: Competitive Structure
Table 7: Global: Motorcycle Lighting Market: Key Players
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