openPR Logo
Press release

LED Flashlight Sales Surpassed US$ 5 Billion Mark in 2021|Energizer Holdings, Inc., Dorcy International Inc., Pelican Products, Inc and more

01-19-2022 06:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Flashlight Market 2021-2029

Flashlight Market 2021-2029

Flashlight Market 2021-2029

Demand for LED flashlight is increasing, owing to the requirement of energy efficient lighting systems in commercial buildings. While energy efficiency of lighting systems is critical to conform to the government regulations regarding commercial construction projects, it is further complemented by restrictions on adoption of incandescent lighting products. Increasing implementation of minimum standards for the efficiency of lighting products will remain a prominent factor driving the demand for LED flashlight in the near future.

Request for Free Sample Report of “Flashlight” Market @ https://www.persistencemarketresearch.com/samples/18928

A new report of Persistence Market Research (PMR) indicates that the global flashlight market is set to witness robust growth at a CAGR of ~8% during 2021 - 2029. The report suggests that the market revenues reached US$ 5 Bn in 2018 and remarkable rise in flashlight sales for outdoor recreation activities will further propel market growth. Breakneck penetration of LED technology will be pivotal in shaping the flashlight market over the course of next decade.

Key Players:

The report has profiled some of the Important players prevalent in the global like – Energizer Holdings, Inc., Dorcy International Inc., Pelican Products, Inc., Mag Instrument Inc. , Surefire LLC, Streamlight Inc., Larson Electronics LLC , Bayco Products Inc. , Browning Arms Company, Nite Ize Inc. and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Flashlight.                                
Key Takeaways – Flashlight Market Study

Traditionally, incandescent bulbs have a shorter lifespan, and last for 6-7 hours before they get burned out and need replacement of batteries. LED flashlights, on the other hand, are shock-proof and water-resistant, and exhibit an enduring battery life of up to 100,000 hours.

High demand for Everyday Carry flashlights is expected to prevail in residential sector. These flashlights are multifunctional and can be charged by plugging them into an electrical outlet. They are lightweight, durable, and handy.

Lack of standardization in technology and components used in manufacturing of flashlights and other LED lighting devices continues to lead to high product and price differentiation. This is restricting the market growth to a certain extent.
Demand for flashlight is particularly projected to remain higher in home inspection applications.

Asia Pacific is creating substantial penetration opportunity for flashlight market players, as a sizeable portion of the Asian population is still untapped as is unaware of products such as LED flashlights, torches, and lanterns.

Growing adoption of explosion-proof LED flashlights marks an important trend in market. As governments are limiting the use of mercury vapor lamps at chemical plants and other similar industrial environments, several leading players are already focusing development strategies on these explosion-proof LED flashlights. Earlier this year, Larson Electronics launched a UL-certified portable explosion-proof LED light. This flashlight is approved for class 1, division 1 and 2, and class lll locations.

Home Inspection and Homeland Security Key Growth Contributors

Currently, application of flashlight in home inspection and homeland security collectively accounts for over 48% share in the total market value. These are expected to remain the most lucrative application areas for flashlight manufacturers and other market stakeholders. However, the study also indicates a healthy rate of flashlight adoption for outdoor recreational activities which roughly represents 20% of overall sales as of 2018 end. During the projection period, this will be one of the key application areas of flashlights which are witnessing steadfast growth in sales.

Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)

Key Stakeholders 
Flashlight Market Manufacturers 
Flashlight Market Distributors/Traders/Wholesalers 
Flashlight Market Subcomponent Manufacturers 
Industry Association 
Downstream Vendors

If you have any special requirements, please let us know and we will offer you the report as you want.

Request For Customization@https://www.persistencemarketresearch.com/request-customization/18928

Major Highlights of the Flashlight Market Report:

The Flashlight Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.

The report dives deeper into the market and explains the dynamic factors bolstering market growth.

The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.

The report analyzes the Flashlight Market presence across major regions of the world.

It determines the production & consumption capacities and demand & supply dynamics of each regional market.

The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.

It provides company overview and SWOT analysis of each of the market players.

Key Questions Answered in This Report.

What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.

Click Here to Buy this Report@  https://www.persistencemarketresearch.com/checkout/18928

Media Contact:

Persistence Market Research

305 Broadway,7th Floor New York City, NY 10007 United States

Call +1-646-568-7751

Call +1 800-961-0353

sales@persistencemarketresearch.com

About PersistenceMarketResearch:

PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release LED Flashlight Sales Surpassed US$ 5 Billion Mark in 2021|Energizer Holdings, Inc., Dorcy International Inc., Pelican Products, Inc and more here

News-ID: 2532826 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Flashlight

VITAL TAC FLASHLIGHT REVIEW 2023: BUYERS BEWARE ! IS VITAL TAC FLASHLIGHT LEGIT …
In a world filled with various lighting solutions, finding a dependable and versatile flashlight can be a game-changer for your outdoor adventures, emergency situations, and everyday needs. The Vital Tac Flashlight is one such product that promises to shine bright in these moments when light is most crucial. This review aims to provide an in-depth exploration of the Vital Tac Flashlight , highlighting its key specifications, features, real-world applications,
VitalTac Flashlight Review 2023;(Must Read!) Amazing Portable Flashlight for You …
VitalTac Flashlight is a lightweight, battery-operated light that can be used in an emergency. It is portable, strong, and frequently comes with extra emergency functions like radios or mobile device charging as well as characteristics like bright LEDs, long-lasting batteries, and other features. When there is a power outage or another emergency, these flashlights are crucial. Typically, VitalTac Flashlight has a strong body, a brilliant LED or incandescent bulb, and a
COMMANDO BEAM TACTICAL FLASHLIGHT: IS THIS THE ULTIMATE FLASHLIGHT? 2021 REVIEW
Commando beam tactical flashlight. No one likes being in the dark, in fact we all need light to survive. While so many countries are equipped with 24 hours power supply, there are still some part of the world where electricity still seems to be a problem. Those living in such areas still do not live in darkness. They make several efforts to provide light for themselves. Let us take a
Smartphone VS flashlight, Camera
I'm wondering why there are still cameras and flashlights when the functions of mobile phones are so developed. The functions of today's smart phones integrate multiple functions such as lighting, communication, and photography, and the above three are the most commonly used. I see that there are professional camera brands on the market, camera companies: Canon, Nikon, Sony, Hasselblad, Phase One, Leica, Fuji, etc. There are flashlight brands: Fenix, Olight, etc. (sorry I
Global LED Flashlight Market Insights, Forecast
The LED Flashlight market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for LED Flashlight. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=52794 Table of Contents: Table of Contents 1 Study Coverage 1.1
Global LED Flashlight Market Insights, Industry Breakdown By Type (Rechargeable …
This report at InForGrowth presents the worldwide LED Flashlight market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Download Sample copy of this report at https://www.inforgrowth.com/samplerequest/r/70868/global-LED-flashlight-market-insights-forecast The following