South Korea Bicycle Lights Market Size & Outlook, 2025-2030
The bicycle lights market in South Korea is expected to reach a projected revenue of US$ 15.6 million by 2030. A compound annual growth rate of 11.8% is expected of South Korea bicycle lights market from 2025 to 2030.
Revenue, 2024 (US$M)
$8.0
Forecast, 2030 (US$M)
$15.6
CAGR, 2025 - 2030
11.8%
Report Coverage
South Korea
Global Market
Related Markets
South Korea bicycle lights market highlights
- The South Korea bicycle lights market generated a revenue of USD 8.0 million in 2024 and is expected to reach USD 15.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 11.8% from 2025 to 2030.
- In terms of segment, conventional bike was the largest revenue generating bicycle type in 2024.
- E-Bicycle is the most lucrative bicycle type segment registering the fastest growth during the forecast period.
Bicycle lights market data book summary
| Market revenue in 2024 | USD 8.0 million |
| Market revenue in 2030 | USD 15.6 million |
| Growth rate | 11.8% (CAGR from 2025 to 2030) |
| Largest segment | Conventional bike |
| Fastest growing segment | E-Bicycle |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional Bike, E-Bicycle |
| Key market players worldwide | Trek Bicycle, Knog, Princeton Instruments, Lezyne, Kryptonite Corp., Bbb Cycling, CatEye, NiteRider, Blackburn Energy |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.9% of the global bicycle lights market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bicycle lights market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 50.5 million by 2030.
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Publish Date: Jan 17, 2025
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Bicycle Lights Market Scope
Bicycle Lights Market segmentation & scope
Bicycle Lights Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Garmin Ltd | View profile | 19,900 | Muhlentalstrasse 2, Schaffhausen, Switzerland, 8200 | www.garmin.com |
| Princeton Instruments | View profile | 101-250 | Trenton, New Jersey, United States, North America | princetoninstruments.com |
| Lezyne | View profile | 51-100 | San Luis Obispo, California, United States, North America | ride.lezyne.com |
| Trek Bicycle | View profile | 1001-5000 | Waterloo, Wisconsin, United States, North America | www.trekbikes.com/ |
| Knog | View profile | - | Cremorne, New South Wales, Australia, Oceania | www.knog.com/ |
| Kryptonite Corp. | View profile | - | Canton, Massachusetts, United States, North America | www.kryptonitelock.com/ |
| Bbb Cycling | View profile | 101-250 | Den Haag, Zuid-Holland, The Netherlands, Europe | bbbcycling.com/en_en |
| CatEye | View profile | 11-50 | Osaka, Osaka, Japan, Asia | www.cateye.com/ |
| NiteRider | View profile | 11-50 | Poway, California, United States, North America | www.niterider.com |
| Blackburn Energy | View profile | 1-10 | Rowley, Massachusetts, United States, North America | www.blackburnenergy.com/ |
South Korea Bicycle Lights Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Bicycle Lights Market Outlook will help companies and investors design strategic landscapes.
Conventional Bike was the largest segment with a revenue share of 75.0% in 2024.
Horizon Databook has segmented the South Korea bicycle lights market based on conventional bike, e-bicycle covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Bicycle Lights Market Bicycle Type Outlook (Revenue, USD Million , 2018-2030)
- Conventional Bike
- E-Bicycle
- South Korea Bicycle Lights Market Voltage Outlook (Revenue, USD Million , 2018-2030)
- upto 12V
- 36V
- 48V
- South Korea Bicycle Lights Market Mounting Type Outlook (Revenue, USD Million , 2018-2030)
- Headlight
- Tailight
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Bicycle Lights Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Bicycle Lights Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Bicycle Lights Market, 2018-2030 (US$M)
South Korea bicycle lights market statistics, by bicycle type, 2018-2030 (US$M)
