Rechargeable Segment to Dominate North America LED Flashlight Market during 2019-2027
According to a new market research study on “North America LED Flashlight Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Type, Product, and Application,” is expected to reach US$ 546.5 million by 2027 from US$ 401.1 million in 2019. The market is estimated to grow at a CAGR of 4.1 % from 2020 to 2027. The report provides trends prevailing in the North America LED flashlight market along with the drivers and restraints pertaining to the market growth. Soaring demand of tactical LED flashlights due to small size and rugged material and growing penetration of LED lighting with supportive government initiative are the major factor driving the growth of the North America LED flashlight market. However, scarcity of standardization and accessibility of alternative products hinder the growth of North America LED flashlight market.
In case of COVID-19, North America is highly affected. Presently, North America is the largest market of LED Flashlight. The region is characterized by the presence of developed nations such as US and Canada, where the demand of infrastructural development and military spending is quite high, and high adoption of advanced technologies among commercial, military sector is boosting the LED flashlight market. In terms of COVID-19 outbreak, US is the world’s worst affected country presently in terms of confirmed cases and number of deaths, as per latest WHO reports. The factory and business shutdowns across the US, Canada and Mexico are impacting the growth of LED Flashlight Market. North America region is home to a large number of manufacturing and technology companies and thus the impact of coronavirus outbreak is anticipated to be quite severe in the year 2020 and likely in 2021. Hence, the ongoing COVID-19 crisis and critical situation in the US is going to impact the LED Flashlight market growth of North America region in a negative manner for the next few quarters
The North America LED flashlight market is segmented on the basis of type, application, product, and country. The market, based on type, is segmented into rechargeable and non-rechargeable. The rechargeable segment held the largest share of market in 2019 and is expected to be fastest segment during forecast period. On the basis of application, the market is segmented into Personal, Commercial & Industrial, and military & law enforcement. The commercial segment held the largest share of the market and is expected to be fastest growing segment during forecast period. Based on product, market is segmented into safety flashlights, everyday carry flashlights, tactical flashlights. The everyday carry flashlights held the largest share of the market in 2019. The tactical flashlights segment is expected to be fastest growing during forecast period.
Bayco Products Inc.; Browning; Coast Products; Dorcy International, Inc.; Duracell Inc.; ENERGIZER HOLDINGS, INC.; Ledlenser GmbH & Co. KG; Mag Instrument Inc.; Pelican Products, Inc.; Streamlight Inc.; Surefire LLC are among the leading companies in the North America LED flashlight market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Pelican Products, Inc. introduced the world’s most versatile professional-grade flashlights with the Pelican™ 3410 and 3410M (magnet) LED and the Pelican™ 3415 and 3415M LED.
The report segments the North America LED Flashlight Market as follows:
North America LED Flashlight Market - By Type
North America LED Flashlight Market - By Product
North America LED Flashlight Market - By Application
North America LED Flashlight Market - By Country
Reasons to Buy
According to a new market research study on “North America LED Flashlight Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Type, Product, and Application,” is expected to reach US$ 546.5 million by 2027 from US$ 401.1 million in 2019. The market is estimated to grow at a CAGR of 4.1 % from 2020 to 2027. The report provides trends prevailing in the North America LED flashlight market along with the drivers and restraints pertaining to the market growth. Soaring demand of tactical LED flashlights due to small size and rugged material and growing penetration of LED lighting with supportive government initiative are the major factor driving the growth of the North America LED flashlight market. However, scarcity of standardization and accessibility of alternative products hinder the growth of North America LED flashlight market.
In case of COVID-19, North America is highly affected. Presently, North America is the largest market of LED Flashlight. The region is characterized by the presence of developed nations such as US and Canada, where the demand of infrastructural development and military spending is quite high, and high adoption of advanced technologies among commercial, military sector is boosting the LED flashlight market. In terms of COVID-19 outbreak, US is the world’s worst affected country presently in terms of confirmed cases and number of deaths, as per latest WHO reports. The factory and business shutdowns across the US, Canada and Mexico are impacting the growth of LED Flashlight Market. North America region is home to a large number of manufacturing and technology companies and thus the impact of coronavirus outbreak is anticipated to be quite severe in the year 2020 and likely in 2021. Hence, the ongoing COVID-19 crisis and critical situation in the US is going to impact the LED Flashlight market growth of North America region in a negative manner for the next few quarters
The North America LED flashlight market is segmented on the basis of type, application, product, and country. The market, based on type, is segmented into rechargeable and non-rechargeable. The rechargeable segment held the largest share of market in 2019 and is expected to be fastest segment during forecast period. On the basis of application, the market is segmented into Personal, Commercial & Industrial, and military & law enforcement. The commercial segment held the largest share of the market and is expected to be fastest growing segment during forecast period. Based on product, market is segmented into safety flashlights, everyday carry flashlights, tactical flashlights. The everyday carry flashlights held the largest share of the market in 2019. The tactical flashlights segment is expected to be fastest growing during forecast period.
Bayco Products Inc.; Browning; Coast Products; Dorcy International, Inc.; Duracell Inc.; ENERGIZER HOLDINGS, INC.; Ledlenser GmbH & Co. KG; Mag Instrument Inc.; Pelican Products, Inc.; Streamlight Inc.; Surefire LLC are among the leading companies in the North America LED flashlight market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Pelican Products, Inc. introduced the world’s most versatile professional-grade flashlights with the Pelican™ 3410 and 3410M (magnet) LED and the Pelican™ 3415 and 3415M LED.
The report segments the North America LED Flashlight Market as follows:
North America LED Flashlight Market - By Type
- Rechargeable
- Non-Rechargeable
North America LED Flashlight Market - By Product
- Safety Flashlights
- Everyday Carry Flashlights
- Tactical Flashlights
North America LED Flashlight Market - By Application
- Personal
- Commercial
- Military & Law Enforcement
North America LED Flashlight Market - By Country
- US
- Canada
- Mexico
Reasons to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America LED Flashlight market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Table of Contents
1. Introduction1.1 Scope of the Study
1.2 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
10. LED Flashlight Market - Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger & Acquisition
10.4 New Product Development
11. Company Profiles
11.1 Bayco Products Inc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Browning International S.A
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Dorcy International
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Energizer Holdings Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Larson Electronics, LLC
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Mag Instrument Inc.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Nite Ize INc.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Pelican Products, Inc.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Streamlight Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Surefire LLC
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About the Publisher
12.2 Glossary
List of Tables
Table 1. US LED Flashlight Market Revenue and Forecasts to 2027 - By Type (US$ Mn)
Table 2. US LED Flashlight Market Revenue and Forecasts to 2027 - By Application (US$ Mn)
Table 3. Canada LED Flashlight Market Revenue and Forecasts to 2027 - By Type (US$ Mn)
Table 4. Canada LED Flashlight Market Revenue and Forecasts to 2027 - By Application (US$ Mn)
Table 5. Mexico LED Flashlight Market Revenue and Forecasts to 2027 - By Type (US$ Mn)
Table 6. Mexico LED Flashlight Market Revenue and Forecasts to 2027 - By Application (US$ Mn)
Table 7. Glossary of Terms, North America LED Flashlight MarketList of Figures
Figure 1. LED Flashlight North America Market Segmentation
Figure 2. LED Flashlight North America Market Overview
Figure 3. Rechargeable type held the largest share in LED Flashlight North America Market in 2018
Figure 4. Commercial application segment represented the largest share in LED Flashlight North America Market in 2018
Figure 5. United States held the largest share in LED Flashlight North America Market in 2018
Figure 6. LED Flashlight North America Market, Industry Landscape
Figure 7. North America - Pest Analysis
Figure 8. North America LED Flashlight Market- Ecosystem Analysis
Figure 9. Impact Analysis of Drivers and Restraints Pertaining to North America LED Flashlight Market
Figure 10. LED Flashlight North America Market Revenue and Forecast to 2027 (US$ Mn)
Figure 11. LED Flashlight North America Market Breakdown, By Type, 2018 & 2027 (%)
Figure 12. Rechargeable LED Flashlight Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. Non-Rechargeable LED Flashlight Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. LED Flashlight North America Market Breakdown, By Application, 2018 & 2027 (%)
Figure 15. Personal Market Revenue And Forecasts To 2027(US$ Mn)
Figure 16. Commercial Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 17. Military & Law Enforcement Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. North America LED Flashlight Market Breakdown, By Country, 2018 & 2027(%)
Figure 19. US LED Flashlight Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. Canada LED Flashlight Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. Mexico LED Flashlight Market Revenue and Forecasts to 2027 (US$ Mn)
Companies Mentioned
- Bayco Products Inc.
- Browning International S.A.
- Dorcy International
- Energizer Holdings Inc.
- Larson Electronics, LLC
- Mag Instrument Inc.
- Nite Ize Inc.
- Pelican Products, Inc.
- Streamlight Inc.
- Surefire LLC
