Portable Lights Market Revenue Growth Forecast by Applications, Regional Analysi

Posted by Ankit Dwivedi on March 23rd, 2022

The global portable lights market size was USD 1,140.14 million in 2020. The COVID-19 pandemic has adversely affected several markets globally. This market is expected to be negatively affected during the COVID-19 pandemic. As per our research, the market is exhibiting a CAGR of 10.2% during the forecast period. The sudden spike in CAGR is attributable to the market\'s growth and demand returning to pre-pandemic levels once the pandemic is over. 

https://www.businessresearchinsights.com/market-reports/portable-lights-market-100106

SEGMENTATION

• By Type Analysis

By type, the market is segmented into traditional Flashlights, Headlamps, Area Lights, Bicycle Lights

Flashlights is expected to be the leading segment because of improved smart standards and a growing need for high input-powered lighting products. OEMs are developing integrated solutions for luminaires that require increased power input. These factors may propel industry growth. 

• By Application Analysis

Based on application, it is categorized into outdoor, industrial, and residential.

LIST OF MARKET PLAYERS PROFILED

• Maglite (U.S.)
• Kang Mingsheng (China)
• Energizer (U.S.)
• Ledlenser (Germany)
• KENNEDE (China)
• DP Lighting (Singapore)
• Taigeer (China)
• Oceans King (China)

REPORT COVERAGE

This study examines the key segments and current industry developments. It goes through the influence of COVID-19 and the driving and restraining elements in detail. The market estimates in the report are based on a combination of secondary research, primary interviews, and in-house expert reviews. The research looks at the most recent trends and the most profitable areas. It keeps track of the strategies of the key participants as well as regional trends. It enables readers to get knowledge of the important approaches that encourage market expansion.