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Global ATV Lighting System Market 2017-2021

About ATV Lighting System

An all-terrain vehicle (ATV), also known as a quadricycle or a quad bike, is designed to travel through diverse types of terrains compared to other on-road automobiles. The vehicle has four wheels with low-pressure tires, and the handlebar is used to control the speed and steering. Depending on the size, there can be up to 4 seat occupancies in the vehicle. These vehicles are made of plastic or fiberglass, fitted with hard tires to drive through any type of off-road terrains.

Technavio’s analysts forecast the global ATV lighting system market to grow at a CAGR of 2.88% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global ATV lighting system market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global ATV Lighting System 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
  • HELLA
  • Lazer Star Lights
  • PIAA Corporation
  • Polaris Industries
  • Vision X USA
Other prominent vendors
  • Baja Designs
  • LabTek Off-Road
  • Magneti Marelli
  • Nextech Industries
  • Oracle Lighting
  • OSRAM
  • Plasmaglow
  • Warn Industries
  • Xprite
Market driver
  • Lighting systems in ATV as safety measures
  • For a full, detailed list, view our report
Market challenge
  • High price of LED lights
  • For a full, detailed list, view our report
Market trend
  • Advancements in LED technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?


Press Release

Technavio Announces the Publication of its Research Report – Global ATV Lighting System Market 2017-2021

Technavio recognizes the following companies as the key players in the Global ATV lighting system market: HELLA, Lazer Star Lights, PIAA Corporation, Polaris Industries, and Vision X USA.

Other Prominent Vendors in the market are: Baja Designs, LabTek Off-Road, Magneti Marelli, Nextech Industries, Oracle Lighting, OSRAM, Plasmaglow, Warn Industries, and Xprite.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is advancements in LED technology. Earlier, LEDs were brighter, smaller, and were a better source of luminance; however, with the technological advancements, the source size can be reduced, and the luminance can be improved, thus offering features like advance dynamic beam system. The advance dynamic beam system allows the light beam to be switched between low and high beam.”

According to the report, one driver in the market is lighting systems in ATV as safety measures. Fatality rates in ATV accidents are increasing in recent times. Lack of proper safety standards governing the usage of ATVs, irregular usage of safety equipment and intense nature of vehicle usage is causing majority of the fatalities associated with ATVs. The potential of getting hurt is maximized while riding an ATV. Moreover, the lack of specific safety mandates governing the use of ATVs further increases the chances of accidents. Both the three- and four-wheeled models of ATVs are large, and have narrow a wheelbase with soft tires and high center of gravity, thus making them hazardous for anyone who rides them.

Further, the report states that one challenge in the market is high price of LED lights. With the rising prices of the raw materials for LED chips, the prices of LED lighting systems are also increasing. There was a hike in the price of aluminum, copper, gold wire, and printed circuit board (PCB) substrate in 2016. The increase in raw material pricing was influenced by the US presidential election, where the raw material market faced a major infrastructure change. Addition to this was the depreciation of China's currency, which indirectly pushed up the material cost of LED chips. San’an Optoelectronics, China's major LED supplier, announced an 8% hike in the price of its products, which was effective since January 2017.

Companies Mentioned

HELLA, Lazer Star Lights, PIAA Corporation, Polaris Industries, and Vision X USA, Baja Designs, LabTek Off-Road, Magneti Marelli, Nextech Industries, Oracle Lighting, OSRAM, Plasmaglow, Warn Industries, and Xprite.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Types of ATV lights
  • Market landscape
    • Market overview
      • Table Global ATV lighting system market: An overview
    • Market size and forecast
      • Table Global ATV lighting system market 2016-2021 (millions of units)
    • Regulatory framework
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Table Global ATV lighting system market by end-users 2016 (%)
    • Table Global ATV lighting system market by end-users 2021 (%)
    • Table Global ATV lighting system market by end-users 2016-2021 (millions of units)
    • Global ATV lighting system market for the OEM end-user segment
      • Table Global ATV lighting system market in the OEM end-user segment 2016-2021 (millions of units)
    • Global ATV lighting system market for the aftermarket end-user segment
      • Table Global ATV lighting system market for the aftermarket end-user segment 2016-2021 (millions of units)
  • Geographical segmentation
    • Table Global ATV lighting system market by geography 2016 (%)
    • Table Global ATV lighting system market by geography 2021 (%)
    • Table Region-wise unit shipment of global ATV lighting system market 2016-2021 (millions of units)
    • ATV lighting system market in Americas
      • Table ATV lighting system market in Americas 2016-2021 (millions of units)
    • ATV lighting system market in EMEA
      • Table ATV lighting system market in EMEA 2016-2021 (millions of units)
    • ATV lighting system market in APAC
      • Table ATV lighting system market in APAC 2016-2021 (millions of units)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Advancements in LED technology
    • Ease of installation of aftermarket products
    • Lighting systems contributing to the aesthetic appeal of ATVs
  • Vendor landscape
    • Other prominent vendors
  • Key vendor analysis
    • HELLA
      • Table HELLA: Revenue by business segments 2016 (% share)
      • Table HELLA: Revenue segmentation by geography (% share)
      • Table HELLA: Portfolio for power sport vehicles
    • Lazer Star Lights
      • Table Lazer Star Lights: Product offerings for ATVs
    • PIAA Corporation
      • Table PIAA Corporation: Product offerings for ATVs/UTVs
    • Polaris Industries
      • Table Polaris Industries: Revenue by business segments 2016 (% share)
      • Table Polaris Industries: Revenue by geography 2016 (% share)
      • Table Polaris Industries: Product portfolio
      • Table Polaris Industries: Recent developments
    • Vision X USA
      • Table Vision X USA: Product portfolio
      • Table Vision X USA: ATV/UTV lights
  • Appendix
    • List of abbreviations
  • Explore Technavio

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