The LED flashlight market accounted for US$ 385.2 Mn in 2018 and is expected to grow at a CAGR of 3.4% over the forecast period 2019-2027, to account for US$ 516.5 Mn in 2027. During the forecast period of 2019 to 2027, the rising penetration of LED lighting and supportive government initiatives are expected to drive the demand for LED flashlights in the North America region. However, lack of standardization and availability of alternative products may restrain the future growth of North America LED flashlight market. Despite these limitations, the increasing demand for energy-efficient lightning solutions over conventional ones is projected to offer ample growth opportunities for the players operating in the North America LED flashlight market during the forecast period of 2019 to 2027.
The market for LED flashlight has been segmented on the basis of type, application, and country. Based on type, the market has been segmented into rechargeable and non-rechargeable type. Rechargeable LED flashlight segment the largest growing type in the overall market throughout the forecast period. Based on application, the LED flashlight market has been segmented into residential, commercial, and military & law enforcement. In 2018, commercial segment contributed a substantial share in the LED flashlight market. The LED flashlight market on the basis of country is segmented into the US, Canada, and Mexico. The US held the lion’s share in the overall LED flashlight market. The US highly pushes local assembly of the LED lightings to fulfill the demand of local markets, which would further help to broaden the scope of local markets. Attributing to an increase in the proportion of LED lights, the LED industry in the US is strong. The manufacturers of the US are putting additional efforts in accelerating the business of LED lighting and its products. Moreover, the country witnesses a huge demand for LED flashlights in law enforcement and the military to provide proper assistance. LED tactical lights are also heavily used by Police and Law Enforcement Departments in the country. These tactical torches are integrated with smart features such as multiple beams, self-programmable modes, and USB rechargeable. This factor is expected to prosper the entire LED lighting market and eventually have a positive impact on the LED flashlight market. Some of the key companies in the US include Larson Electronics, WorkSite Lighting, LLC, and Mag Instrument, Inc. among others.
The overall LED flashlight market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the LED flashlight market. It also provides the overview and forecast for the LED flashlight market based on all the segmentation provided with respect to North America. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the LED flashlight market. Some of the players present in LED flashlight market are Bayco Products Inc., Browning International S.A, Dorcy International, Larson Electronics LLC, Mag Instrument Inc., Nite Ize Inc., Energizer Holdings Inc., Pelican Products, Inc., Streamlight Inc., and Surefire, LLC among others.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 LED Flashlight North America Market, By Type
1.3.2 LED Flashlight North America Market, By Application
1.3.3 LED Flashlight North America Market, By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. LED Flashlight- Market Landscape
4.1 Overview
4.2 Pest Analysis
4.2.1 North America - PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. LED Flashlight Market - Key Industry Dynamics
5.1 Key Market Driver
5.1.1 Rising penetration of LED lighting and supportive government initiatives to drive the demand
5.2 Key Market Restraint
5.2.1 Lack of standardization and availability of alternative products
5.3 Key Market Opportunity
5.3.1 Increasing demand for energy-efficient lightning solutions over conventional ones
5.4 Future Trend
5.4.1 Growing usage of LED flashlights as a safety tool in hazardous situations
5.5 Impact Analysis of Drivers and Restraints
6. LED Flashlight Market- North America Market Analysis
6.1 LED Flashlight North America Market Overview
6.2 LED Flashlight North America Market Revenue and Forecasts to 2027
6.3 Market Positioning - Five Key Players
7. LED Flashlight Market Analysis - By Type
7.1 Overview
7.2 LED Flashlight North America Market Breakdown, By Type, 2018 & 2027
7.3 Rechargeable LED Flashlight
7.3.1 Overview
7.3.2 Rechargeable LED Flashlight Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Non-Rechargeable LED Flashlight
7.4.1 Overview
7.4.2 Non-Rechargeable LED Flashlight Market Revenue and Forecasts to 2027 (US$ Mn)
8. LED Flashlight Market Analysis- By Application
8.1 Overview
8.2 LED Flashlight North America Market Breakdown, By Application, 2018 & 2027
8.3 Residential
8.3.1 Overview
8.3.2 Residential Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Military & Law Enforcement
8.5.1 Overview
8.5.2 Military & Law Enforcement Market Revenue and Forecasts to 2027 (US$ Mn)
9. LED Flashlight Market - Country Analysis
9.1 Overview
9.1.1 North America LED Flashlight Market Breakdown, By Country
9.1.1.1 US LED Flashlight Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.1.1 US LED Flashlight Market Breakdown, By Type
9.1.1.1.2 US LED Flashlight Market Breakdown, By Application
9.1.1.2 Canada LED Flashlight Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.2.1 Canada LED Flashlight Market Breakdown, By Type
9.1.1.2.2 Canada LED Flashlight Market Breakdown, By Application
9.1.1.3 Mexico LED Flashlight Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.3.1 Mexico LED Flashlight Market Breakdown, By Type
9.1.1.3.2 Mexico LED Flashlight Market Breakdown, By Application
Summary: Get latest Market Research Reports on North America LED Flashlight. Industry analysis & Market Report on North America LED Flashlight is a syndicated market report, published as North America LED Flashlight Market to 2027 - Regional Analysis and Forecasts by Type (Rechargeable LED Flashlight and Non-Rechargeable LED Flashlight); Application (Residential, Commercial, and Military & Law Enforcement). It is complete Research Study and Industry Analysis of North America LED Flashlight market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.