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Odisha flood: One person missing, 50 villages marooned in Balasore
Odisha flood: One person missing, 50 villages marooned in Balasore

Hindustan Times

timea day ago

  • Climate
  • Hindustan Times

Odisha flood: One person missing, 50 villages marooned in Balasore

Balasore , One person went missing after being swept away by flood water as over 50 villages remained marooned even as the water level of the Subarnarekha river receded below the danger mark on Sunday, officials said. Odisha flood: One person missing, 50 villages marooned in Balasore A young man from Bishnupur gram panchayat area of Baliapal block in the district is reported missing after being swept away by the floodwaters on Saturday. ODRAF personnel have launched a rescue operation, he said. At least four blocks - Baliapal, Bhograi, Basta and Jaleswar - were inundated as authorities of Chandil Dam in Jharkhand allegedly released excess water without informing Odisha, Balasore MP Pratap Sarangi alleged terming it a "criminal misconduct". The flash flood has affected over 50,000 people in the four blocks of Balasore district. However, the administration hopes that the situation will now improve as the water level of Subarnarekha has started receding. The water level at 10 am on Sunday, was 9.94 metre against the danger mark of 10.36 metre at Rajgaht. The highest water level was above 11 metre on Saturday, officials said. Flood water has already entered into villages and agricultural fields and it may require around four/ five days to recover from the flood situation, officials said. The state government has deployed boats and teams from Fire Service , ODRAF and one NDRF to help the administration in rescue and relief operations. Boats are the only means of communication now as village roads were submerged in flood water, an official said. Meanwhile, many people from the affected villages have shifted to the river embankments and are taking shelter under polythene sheets. Collector & District Magistrate, Balasore in a post on X said, "ASHAs under CHCs & PHCs are actively distributing ORS & Halogen tablets in 11 submerged villages of Bhograi and Dahamunda PHC areas and 17 villages of Ghantua and Jamkunda PHC areas. Health teams on-ground. Essential medicines stocked at PHC, Sub Centres & ASHA level." This article was generated from an automated news agency feed without modifications to text.

Global Bicycle Lights Market 2025-2035  Technological Advances in Bicycles Lights Industry to Boost Growth
Global Bicycle Lights Market 2025-2035  Technological Advances in Bicycles Lights Industry to Boost Growth

Yahoo

time05-02-2025

  • Automotive
  • Yahoo

Global Bicycle Lights Market 2025-2035 Technological Advances in Bicycles Lights Industry to Boost Growth

The global bicycle lights market size was valued at USD 1,418.2 million in 2024. The market is projected to grow from USD 1,518.9 million in 2025 to USD 3,015.9 million by 2035, exhibiting a CAGR of 7.1% during the forecast period. NEWARK, Del, Feb. 05, 2025 (GLOBE NEWSWIRE) -- The global bicycle lights industry is projected to reach USD 1,518.9 million in 2025 and is expected to grow to USD 3,015.9 million by 2035. Sales are anticipated to rise at a CAGR of 7.1% between 2025 and 2035. In 2024, the market value stood at USD 1,418.2 million, with an estimated growth rate of 6.5% in 2025. Bicycles are widely used in urban areas for commuting, leisure, and fitness. In Europe and North America, increasing environmental awareness and government initiatives promoting cycling as a sustainable transport option have boosted bicycle adoption, thereby driving demand for safety accessories like lights. Growing awareness of road safety has further fueled market expansion, particularly in these regions. The bicycle light market is expected to present an incremental opportunity of USD 1,497.0 million, with the market size expected to double by 2035. Among sales channels, the aftermarket segment dominates, largely driven by consumer demand for enhanced lighting solutions. Many cyclists opt to upgrade or replace their lights with aftermarket products that offer better performance, durability, and advanced features. Meanwhile, the OEM segment primarily consists of lights included with newly purchased bicycles, often offering basic functionality. The strong growth of the aftermarket sector is particularly evident in regions where cycling is a popular mode of transport and recreation. This ensures sustained demand, as both casual riders and professionals seek high-quality, customized lighting solutions. Get Ahead with Our Report: Request Your Sample Now! Technological Innovations in Lighting Poised to Illuminate the Bicycle Lights Domain Among the diverse technologies influencing the market, LED lights emerge as frontrunners, owing to their energy efficiency and longer lifespan compared to Halogen and Xenon counterparts. Our analysis explores how these advancements are setting new precedents for consumer expectations and safety standards. What factors are driving the demand for bicycle lights in urban areas? The demand for bicycle lights in urban areas is primarily driven by the increasing use of bicycles for commuting, leisure, and fitness. Growing environmental concerns and government initiatives promoting cycling as a sustainable mode of transportation have encouraged more people to adopt bicycles, leading to a higher demand for essential safety accessories like lights. Additionally, heightened awareness of road safety has made bicycle lighting a crucial feature, ensuring visibility for both cyclists and motorists, especially in low-light conditions. The rise of urban cycling infrastructure, such as dedicated bike lanes and shared mobility programs, has further fueled the need for high-performance lighting solutions. Moreover, advancements in bicycle light technology, including LED lights with enhanced brightness, rechargeable batteries, and smart connectivity features, have made these accessories more appealing to urban riders. The combination of these factors has significantly contributed to the growing demand for bicycle lights in cities worldwide. says Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI). Why do consumers prefer aftermarket bicycle lights over OEM products? Consumers prefer aftermarket bicycle lights over OEM (Original Equipment Manufacturer) products primarily due to their superior performance, durability, and advanced features. Aftermarket lights often offer higher brightness levels, longer battery life, and customizable options such as different lighting modes, smart connectivity, and rechargeable batteries, making them more versatile than the basic lights that come pre-installed on new bicycles. Additionally, many cyclists upgrade to aftermarket lights to enhance safety, ensuring better visibility in various riding conditions, including urban commuting and off-road cycling. The wide range of aftermarket options allows riders to choose lights tailored to their specific needs, whether for professional use, night riding, or recreational cycling. Furthermore, as OEM lights are often designed for cost-effectiveness rather than high performance, many cyclists find it necessary to replace or supplement them with aftermarket alternatives that provide better illumination and Industry Highlights: Market Growth & Projections: The global bicycle lights market is projected to reach USD 1,518.9 million by 2025 and expand to USD 3,015.9 million by 2035. The market is expected to grow at a CAGR of 7.1% from 2025 to 2035. In 2024, the market was valued at USD 1,418.2 million, with a forecasted growth of 6.5% in 2025. Rising Demand for Bicycle Safety Accessories: Increased adoption of bicycles for commuting, leisure, and fitness is driving the demand for bicycle lights. Government initiatives promoting cycling as a sustainable mode of transport are boosting market growth, especially in Europe and North America. Growing environmental concerns and awareness about road safety have further fueled demand for high-quality lighting solutions. Aftermarket Dominance in Sales Channels: The aftermarket segment leads the market, as consumers prefer to upgrade or replace their bicycle lights with high-performance, durable, and feature-rich options. The OEM segment is limited to basic lighting solutions that come with newly sold bicycles. Technological Advancements Driving Innovation: Advancements in LED technology, rechargeable batteries, smart lighting systems, and enhanced durability are increasing consumer interest in premium bicycle lights. Customizable and high-performance lighting solutions are gaining traction among both professional cyclists and everyday commuters. Market Expansion & Future Prospects: The bicycle lights market is expected to double by 2035, offering an incremental opportunity of USD 1,497.0 million. The aftermarket sector is set to witness continued strong growth, especially in regions where cycling is popular for both leisure and commuting. Detailed Market Study: Full Report and Analysis: Key Sales Trends in the Bicycle Lights Industry: Steady Market Growth: The global bicycle lights market is on a consistent upward trajectory, with sales expected to reach USD 1,518.9 million in 2025 and further double to USD 3,015.9 million by 2035. The market is projected to grow at a CAGR of 7.1% from 2025 to 2035, highlighting sustained demand for high-quality bicycle lighting solutions. Dominance of the Aftermarket Segment: The aftermarket segment leads the market, driven by consumer preference for upgraded, durable, and advanced lighting solutions. Cyclists frequently replace or enhance their lights with brighter, rechargeable, and customizable options for better visibility and safety. OEM sales remain limited, as factory-installed lights on new bicycles often provide only basic functionality. Growing Popularity of LED & Smart Lighting Solutions: Consumers are increasingly opting for high-efficiency LED bicycle lights that offer long battery life, multiple brightness modes, and enhanced illumination. The demand for smart lighting solutions, including motion-activated lights, automatic brightness adjustment, and app-controlled features, is on the rise. Regional Market Expansion: Europe and North America lead the market, driven by strong cycling culture, government incentives, and increased safety awareness. Emerging markets in Asia-Pacific are witnessing rising adoption of premium bicycle lighting solutions due to growing urban cycling trends. Sustainability & Eco-Friendly Product Demand: With increasing environmental awareness, solar-powered and energy-efficient rechargeable bicycle lights are gaining popularity among eco-conscious consumers. Brands are focusing on sustainable packaging and long-lasting materials to attract environmentally responsible buyers. Growth Drivers of the Bicycle Lights Industry Increasing Adoption of Bicycles for Commuting & Recreation Urbanization and the rising popularity of cycling as a primary mode of transport are driving the demand for bicycle accessories, including lights. The growing trend of cycling for fitness, leisure, and adventure sports further fuels market growth. Government Initiatives & Infrastructure Development Several governments, especially in Europe and North America, are actively promoting cycling-friendly policies, including subsidies, bike-sharing programs, and dedicated cycling lanes. Investments in urban cycling infrastructure encourage safer riding conditions, boosting demand for bicycle lights. Rising Awareness About Road Safety Growing concerns over road accidents and cyclist visibility have made bicycle lights an essential safety accessory. Strict traffic regulations mandating the use of front and rear lights further contribute to market expansion. Technological Advancements & Smart Lighting Solutions The introduction of high-efficiency LED lights, rechargeable battery-powered lights, and smart lighting systems is attracting consumers. Features like automatic brightness adjustment, motion-activated lights, and smartphone connectivity are gaining popularity. Growth of the Aftermarket Segment Many consumers prefer aftermarket upgrades to improve the brightness, durability, and design of their bicycle lights. Professional cyclists and enthusiasts demand customizable and high-performance lighting solutions, strengthening the aftermarket Faced by the Bicycle Lights Industry High Competition & Market Saturation The presence of numerous global and local manufacturers has led to intense competition, making it difficult for brands to differentiate their products. Price wars and the availability of low-cost, unbranded bicycle lights pose challenges for premium brands. Fluctuating Raw Material Costs The prices of essential materials like LED components, lithium-ion batteries, and durable plastics are subject to market fluctuations, impacting production costs. Supply chain disruptions can lead to higher manufacturing expenses and potential price hikes for end consumers. Limited Awareness in Emerging Markets While bicycle adoption is increasing, awareness about road safety and the importance of bicycle lights remains relatively low in some developing regions. Many cyclists in Asia, Africa, and Latin America still view bicycle lights as optional accessories rather than essential safety features. Battery Life & Charging Limitations Consumers often demand longer battery life and fast charging capabilities, but advancements in battery technology can increase costs. Rechargeable bicycle lights require frequent charging, which may not always be convenient for riders in areas with limited access to power sources. Regulatory Variations Across Regions Different countries and regions have varying standards and regulations for bicycle lighting, making it challenging for manufacturers to create universally compliant products. Compliance with safety certifications and legal requirements can add to production complexities and costs. Unlock Key Trends & Insights in the Aftermarket Industry – Stay Ahead in This Evolving Market: Trends and Innovations in the Bicycle Lights Industry Rising Demand for Smart & Connected Bicycle Lights Consumers are increasingly opting for smart lighting solutions equipped with Bluetooth, motion sensors, and smartphone app integration. Features like automatic brightness adjustment, GPS tracking, and turn signal indicators are enhancing safety and convenience. Growth of High-Performance LED Bicycle Lights Advanced LED technology is dominating the market due to its energy efficiency, high brightness, and long lifespan. Demand for adjustable beam patterns and multi-mode brightness settings is on the rise. Expansion of Rechargeable & Solar-Powered Lights USB-rechargeable bicycle lights are gaining popularity due to their cost-effectiveness and sustainability. Solar-powered lights are emerging as an eco-friendly alternative, appealing to environmentally conscious consumers. Increased Focus on Lightweight & Compact Designs Cyclists prefer sleek, lightweight, and aerodynamic lighting solutions that do not add extra weight to the bicycle. Compact and clip-on models allow for easy installation and portability. Growth of Adaptive Lighting for Enhanced Safety Innovations in adaptive lighting technology enable auto-adjust brightness based on ambient light and speed. Some advanced lights now have brake sensors that trigger increased brightness when the cyclist slows down. Regional Analysis of the Bicycle Lights Market North America: High adoption of cycling for both commuting and leisure. Strong government incentives and cycling infrastructure. Growing demand for smart and energy-efficient lights due to safety awareness. Europe: The largest market driven by eco-conscious consumers and cycling popularity. Government initiatives to promote cycling as a sustainable transport option. Significant growth in aftermarket bicycle light sales due to cycling culture. Asia-Pacific: Rapid urbanization and increasing disposable income boost cycling popularity in countries like China and India. Expanding bicycle-sharing programs and adoption of LED and rechargeable lights. Growing demand for affordable and durable bicycle lights. Latin America: Rising interest in cycling as a leisure activity and alternative transport. Increasing infrastructure investment in cities like Brazil and Mexico. Demand for cost-effective, entry-level bicycle lights. Middle East & Africa: Cycling as a recreational activity is growing, especially in urban centers. Limited adoption compared to other regions, but potential for growth in niche markets. Rising focus on improving road safety and encouraging cycling. Key Players Garmin Ltd. Cygolite Cateye Co GACIRON Goldmore Co. Lord Benex Knog Smart Bike Light NiteRider Technical Lighting Systems Blackburn Key Segmentation By Mounting Type: In terms of mounting type, the industry is divided into headlight, rear safety light and side safety light. By Bicycle Type: In terms of bicycle type, the industry is divided into mountain bicycle, road bicycle, E-bicycle and sport bicycle. By Sales Channel In terms of sales channel, the industry is divided into OEM and Aftermarket. Aftermarket is further segmented into online channel and offline channel. By Region: Key regions of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia Pacific and Middle East & Africa have been covered in the report. Have a Look at Related Research Reports of Automotive The Global vessel retrofit market was valued at USD 5,268.4 million in 2020. Demand for vessel retrofit witnessed a year on year growth of 4.1% in the year 2024. The global electric vehicle maintenance market is estimated to be worth USD 17,150 million in 2024. Displaying a CAGR of 15.4% through 2034. After undertaking an in-depth market analysis, FMI recently revised its report on the automotive homologation service market. The global automotive performance part market size is projected to be worth USD 5,80,711.00 million by 2034. The global bicycle reflector market size reached USD 1,100.0 million in 2023. Over the forecast period 2024 to 2034. The global passenger car bearing & clutch component aftermarket size is estimated to reach USD 9,341.1 million in 2024. The surface protection service market size is estimated to be worth USD 13,933.50 million in 2024. The automotive e-tailing market is estimated to be valued at USD 76.4 billion in 2024. The automotive e-tailing is predicted to rise at a CAGR of 13.4% from 2024 to 2034. The bicycle component aftermarket in Japan is poised to witness reach a valuation of USD 816.1 million in 2024. The bicycle component aftermarket in Korea is poised to expand at a CAGR of 5.0% from 2024 to 2034. About Future Market Insights (FMI) Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise. Contact Us: Future Market Insights Corporate, 200 Continental Drive,Suite 401, Newark, Delaware - 19713, USAT: +1-347-918-3531For Sales Enquiries: sales@ Twitter| Blogs | YouTubeSign in to access your portfolio

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