Albany, NY -- (SBWIRE) -- 12/27/2016 -- 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.

The global motorcycle lighting market to grow at a CAGR of 12.77% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global motorcycle lighting market for 2017-2021. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the five prominent vendors operating in the market.

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

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Technavio's report, 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.

Key vendors
- OSRAM
- Philips
- HELLA
- KOITO
- GE Lighting

Other prominent vendors
- Varroc Group
- ZKW Group

Market driver
- Success of lighting technology in automotive segment will drive demand in motorcycle segment.
- For a full, detailed list, view our report

Market challenge
- Reduction in production cost of upcoming technologies such as OLED.
- For a full, detailed list, view our report

Market trend
- Development of thermal imaging cameras to make night-time riding safe.
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 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?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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