Press release
Flashlight Market - Key Growth Factors and Industry Analysis 2017-2025
According to this research report, the global flashlight market is anticipated to grow at a robust rate to reach a significant value by the end of the year of assessment. The flashlight market has been experiencing steady growth during the 2012-2016 timeline. It is projected to grow at a value CAGR of 6.6% throughout the period of assessment, to reach a market value of around US$ 8.2 Bn by end of 2025 from a market valuation of about US$ 4.9 Bn in 2017. The growth of the flashlight market can be attributed to the rising demand for explosion proof LED flashlights, growing demand for durable, efficient and low maintenance flashlight, increasing innovation in flashlight products for outdoor recreation activities, augmented penetration of LED technology, rising demand for flashlights in the oil and gas industry and rising demand for rechargeable LED flashlight. According to this research, the flashlight manufacturers can focus on expanding their businesses across countries in APAC and North America regions where there is an increase in demand for innovative flashlights such as tactical, professional and outdoor flashlights.Get an exclusive sample of this report @
https://www.persistencemarketresearch.com/samples/18928
Construction and auto repairing to glue its dominance across the application category
Construction and auto repairing segment is expected to dominate the global flashlight market by application in the coming years. This scenario is likely to happen owing to its continued increase in market value since 2016. In 2017 this segment stood at about US$ 1.3 Bn and is estimated to rise to reach a valuation of about US$ 2.2 Bn in 2025. The 1.7x increase in revenue can be attributed to a high CAGR of 6.3% during the assessment period 2017-2025.
Close call to make between home inspection and homeland security segments
Home land security segment by application type is estimated to reach a value of about US$ 1.8 Bn by the end of 2025. It is projected to grow at a high CAGR of 6.9% during 2017-2025 assessment period. On the other hand, the home inspection application type segment is expected to be the fastest growing segment and poised to grow at a CAGR of 7.2% throughout the period of forecast. The valuation of this segment by 2025 end is slightly less than that of the homeland security segment, however, it is likely to show higher lucrativeness in the coming years.
Obtain Report Details @
https://www.persistencemarketresearch.com/market-research/flashlight-market.asp
Doctor visit, outdoor recreation activities and games show slow growth
By application, the doctor visit, outdoor recreation activities and games segments are expected to grow at a steady rate throughout the period of assessment. These segments are considerably less in market value as compared to other segments. The games segment is the lowest reflecting a value of around US$ 323 Mn in 2017 growing at a CAGR of 5.3% during 2017-2025.
Regional Assessment
The global flashlight market has been assessed across important regions of North America, Europe, Latin America, Asia Pacific and Middle East and Africa. In North America, the homeland security segment is the fastest growing segment poised to register a CAGR of 7.5% followed by home inspection segment. On the contrary, the home inspection segment is expected to grow at a higher rate in other regions. In Asia Pacific, home inspection application segment is expected to reflect a high CAGR of 8.2% and it also leads the global Asia Pacific flashlight market. By 2025, this segment is estimated to reflect a value of US$ 876.2 Mn in the APAC region.
About PMR
Persistence Market Research (PMR) is a third-platform research firm. Ourresearch model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance
Contact PMR
U.S. Sales Office
305 Broadway,7th Floor
New York City, NY 10007
United States
T: +1-646-568-7751
Tollfree: +1 800-961-0353
Website:sales@Persistencemarketresearch.com
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 Flashlight Market - Key Growth Factors and Industry Analysis 2017-2025 here
News-ID: 842479 • Views: …
More Releases from Persistence Market Research
Antimicrobial Textile Chemicals Market to Surpass US$ 19.3 Bn by 2032 Fueled by …
According to the latest study by Persistence Market Research, the global antimicrobial textile chemicals market is projected to grow from US$ 12.0 Bn in 2025 to US$ 19.3 Bn by 2032, registering a CAGR of 7.0% during the forecast period. Growing awareness of hygiene, increasing demand for functional and medical textiles, and innovations in performance fabrics are major forces reshaping the industry landscape.
➤Overview of the Market
The antimicrobial textile chemicals market…
Automotive Remote Diagnostics Market to Reach USD 42.1 Billion by 2031, Growing …
The global Automotive Remote Diagnostics Market is experiencing strong momentum, backed by rapid digitization in the automotive sector, the rise of connected vehicles, and the need for real-time vehicle monitoring. According to Persistence Market Research, the market is projected to grow from USD 14.4 billion in 2024 to USD 42.1 billion by 2031, reflecting a robust CAGR of 16.6% during the forecast period. Remote diagnostics has become a key enabler…
Adventure Tourism Market to Reach $1,773.6 Bn by 2032 at 16.1% CAGR Driven by Th …
Overview of the Market
The global adventure tourism market is experiencing rapid transformation as travelers increasingly seek unique, experiential, and adrenaline-fueled activities over traditional leisure tourism. Estimated at US$ 623.7 billion in 2025, the market is projected to surge to US$ 1,773.6 billion by 2032, reflecting an extraordinary CAGR of 16.1%. This exponential growth can be attributed to the rising demand for authentic travel experiences, growing awareness of outdoor recreational opportunities,…
Hexagonal Boron Nitride Market Surpass US$ 1.38 Bn by 2032 with 5.1% CAGR - Pers …
➤Overview of the Market
The global hexagonal boron nitride (h-BN) market is steadily growing as industries demand materials that deliver exceptional thermal stability, lubricity, and electrical insulation. Often referred to as "white graphite," h-BN combines a layered crystalline structure with remarkable chemical inertness, making it indispensable across high-temperature, electrical, and lubrication applications. Industries such as aerospace, automotive, electronics, and metallurgy leverage h-BN for its ability to withstand extreme environments while maintaining…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
