Research and Markets has announced the addition of the "Global Motorcycle Lighting Market 2017-2021" report to their offering.
The global motorcycle lighting market to grow at a CAGR of 12.77% during the period 2017-2021.
The adoption of technologies such as LED lights in the low-powered motorcycles is increasing in the aftermarket. The rising acceptance of the same will compel automotive OEMs to adopt the technology as standard fitment. The adoption of heavyweight motorcycles in the Americas and Europe is high. This segment is crucial for lighting market owing to the presence of innovators and early adopters.
Global Motorcycle Lighting 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.
According to the report, one driver in the market is success of lighting technology in automotive segment will drive demand in motorcycle segment. Economies of scale play an important role in leveraging the adoption of advanced technologies across all segments. For instance, the adoption of smartphones across the world increased significantly in the last 4-5 years owing to the reduced price. This price reduction was fueled by the advantage of economies of scale to the manufacturers. The cost of hardware remains a primary consideration for automotive OEMs and suppliers. The OEMs can adopt new technology in a cost-effective manner by considering the wider application areas. In addition, when any technology is adopted in the automobile market, its volume grows, thereby decreasing the production cost.
Key Vendors:
- OSRAM
- Philips
- HELLA
- KOITO
-
GE Lighting
Other Prominent Vendors:
- Varroc Group
-
ZKW Group
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by technology
Part 07: Geographic segmentation
Part 08: Market drivers
Part 09: Market challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Key vendor analysis
Part 13: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/n53s8v/global_motorcycle
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