Global Bicycle Day-time Running Lights (DRL) Market 2017-2021


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61pages

Technavio

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About Bicycle Day-time Running Lights (DRL)

Bicycle lights help improve the visibility of the bicycle riders as well as other road users when there is an insufficient lighting condition. These lights help illuminate the reflective traffic and road signals on the road. They also help the rider to see and identify the hazards ahead on the road.
Bicycle lights help improve traffic conditions during the night, along with retro-reflecting material and street lights, as they increase the visibility condition, reducing the risk of an accident. They also help reduce the reaction time, thereby, reducing the severity of the accident, by helping the driver to take action in order to avoid the mishap. There are many countries, which have mandated the use of lights in bicycle during the dark and impose fines if the lights are not deployed.

Technavios analysts forecast the global bicycle day-time running lights (DRL) market to grow at a CAGR of 16.40% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global bicycle day-time running lights (DRL) market for 2017-2021. To calculate the market size, the report considers the total number of bicycle production region wise.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Bicycle Day-Time Running Lights (DRL) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
CatEye
Knog
Lezyne
See.Sense
Trek Bicycle Corporation
Other prominent vendors
Specialized Bicycle Components
Cycliq
Fabric
Ultimate Sports Engineering
Lupine Lighting Systems
Market driver
Adoption of bicycle as a means of commute
For a full, detailed list, view our report

Market challenge
Increase in cost of bicycles with the addition of DRL
For a full, detailed list, view our report

Market trend
Integration with smartphone
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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