Global Two Wheeler Lighting Market Overview:
Two-wheeler lighting plays an important function in safety of rider as well as people on the road. It helps rider for visibility at night and low light or bad weather conditions. The lighting is also used to improve the look of the two-wheeler. The most common types of bulbs that are used in the two-wheeler lighting are halogen, LED and Xenon. Halogen is most widely used and LED bulbs are used to save energy of the bikes. LED bulbs technology is fastest growing in the world due to its energy conservation application.
Growth Drivers
- Constant Development of Two-Wheeler Industry
- Innovations in the Lighting Systems
- Government Rules and Regulations for Road Safety Purpose
- Increased Production of the Two-Wheelers Worldwide
Roadblocks
- High Cost of the Lighting Systems
Opportunities
- Increasing Demand for Two-Wheelers from Developing Countries
Challenges
- Rising Cost of the Raw Materials
Competitive Landscape:
Some of the key players profiled in the report are AMPAS Industries Co., Ltd. (Thailand), COBO SpA (Italy), Philips (Netherlands), Federal-Mogul Goetze ltd. (India), Koito Manufacturing Co., Ltd (Japan), Osram GmbH (Germany), Boogey Lights (United States), Stanley (United States), Motolight (United States) and Hella (Germany). Additionally, following companies can also be profiled that are part of our coverage like NEOLITE ZKW (India) and Lumax Industries Ltd. (India). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Two Wheeler Lighting market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Two Wheeler Lighting market.
What Can be Explored with the Two Wheeler Lighting Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Two Wheeler Lighting Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Two Wheeler Lighting
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Two Wheeler Lighting market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Two Wheeler Lighting market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Two-Wheeler Lighting Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.