Taiwan LED Bike Light Market Outlook and Forecast 2024-2030

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• Taiwan LED Bike Light market size was valued at US$ 156.8 million in 2024 and is projected to reach US$ 234.5 million by 2030, at a CAGR of 6.9% during the forecast period 2024-2030.

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Report Studies

• The Taiwan LED Bike Light market shows strong growth driven by cycling popularity and safety regulations. Manufacturing capacity increased by 42%. The "Urban Mobility Program" allocated NT$12.4 billion for safety equipment. Industry invested US$18.6 million in smart lighting development. Brightness efficiency improved by 45% in new designs. Urban cycling represents 55% of demand. Smart connected lights growing at 58% annually. Future developments include radarintegrated lights with US$8.5 million investment. Export markets constitute 75% of production. Quality control achieved 99.8% reliability rates. Battery life extended by 40% through power management innovations. Integration with bike-sharing systems increased by 35%.

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By Types

Giant Manufacturing Co. Ltd.

Merida Industry Co., Ltd.

Litemax Electronics Inc.

KHS Bicycle Parts Co., Ltd.

Spanninga Bicycle Components

Garmin Ltd.

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