30 Nov -0001
Rockville, Md. The global two-wheeler lighting market is set to reach about US$ 440 Mn by 2022 at a 2.8% CAGR, according to Fact.MR. Lighting matters more on two wheels than almost anywhere else in mobility, alerting other road users to a rider's presence and position, and manufacturers are experimenting with technologies that brighten output while cutting energy use.
12V systems lead by voltage, scooters carry the largest vehicle share, and the aftermarket dwarfs the OEM channel. Asia Pacific excluding Japan is the fastest-growing region across segments.
12V systems account for more than three-fifths of revenue, with Europe contributing about a quarter of that, while smaller 14V systems tilt toward Asia Pacific, which is set to outpace Europe there. By vehicle, scooters hold about half of revenue, motorcycles about a quarter, with Asia Pacific growing at a 4.3% CAGR on the strength of a younger population, and mopeds remain a meaningful segment well suited to teenagers, women and older riders. On distribution, the aftermarket is several times larger than OEM.
Europe and Asia Pacific excluding Japan are the key regions, with Asia Pacific posting the higher growth rate across most segments.
The market runs on two priorities at once. Riders want lighting that keeps them visible and safe, and they increasingly want it to look good, pushing makers to design stylish indicators, headlamps and tail lamps that balance form with function.
The field brings together lighting and component specialists.
For suppliers, growth favours energy-efficient 12V systems and stylish designs across scooters and motorcycles. Investors get a market with steady, safety-led demand. Procurement and retail teams can plan around the aftermarket leading distribution, scooters carrying volume, and Asia Pacific offering the fastest growth through 2022.
Fact.MR's study covers the global two-wheeler lighting market for the 2017 to 2022 forecast period, with segmentation by voltage, vehicle type, sales channel and region. It sizes each segment, maps the competitive field, and weighs the demand forces shaping the market. Further detail is available in the two-wheeler lighting market report.
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.
Two-wheeler Lighting Market
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Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. We are known for our syndicated research, custom research, and consulting solutions.