A portable light is the light that can be moved around, which include headlamps, flashlights, area lights and other type of portable lights. The portable lights are widely used in outdoor, industrial and residential etc.
This industry is highly fragmented. Most companies are small except for a few large companies. These small businesses have different levels of technical management and production management. Especially in China, many small companies blindly imitate the products of large enterprises. In the competition, these companies often occupy the market by low prices. Portable lighting industry concentration is relatively low. Of the major players of Portable Lighting, Maglite maintained its first place in the ranking in 2018. Maglite accounted for 7.27% of the Global Portable Lighting revenue market share in 2018. Other players accounted for 7.05%, 4.97% including Kang Mingsheng and Energizer.n this study, the market for Portable Lighting consumption divided into five geographic regions. In terms of value, North America accounted for 33.17% of global Portable Lighting market share, in the Europe 34.49%, in Asia Pacific 26.77%, in Central & South America 3.28% and in Middle East and Africa 2.29%. Among all regions, Europe is estimated to represent the highest share. In terms of volume, Asia Pacific occupied the largest global market share and is forecast to grow at a faster pace versus other regions during the forecast period.On the basis of product type, the Flashlights segment is projected to account for the largest volume share during the forecast period; this segment was estimated to account for 47.42% volume share in 2018. The Headlamps and Area lights/lanterns category is forecast to increase at the fastest pace during the forecast period, Bicycle lights is forecast to increase at the slowest pace during the forecast period. In the applications, the Outdoor used Portable Lighting is projected to lead in relative market share of the global consumption volume with 50% in 2018. The Industrial application will increase at the CAGR of 4.81% in the use of Portable Lighting. The Residential Portable Lighting will increase at the CAGR of 4.28% in the use of Portable Lighting.
The global Portable Lighting market is valued at 2331.2 million US$ in 2018 and will reach 3283.2 million US$ by the end of 2025, growing at a CAGR of 5.0% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Portable Lighting market based on company, product type, end user and key regions.
This report studies the global market size of Portable Lighting in key regions like North America, Europe and China, focuses on the consumption of Portable Lighting in these regions.
This research report categorizes the global Portable Lighting market by top players/brands, region, type and end user. This report also studies the global Portable Lighting market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Portable Lighting market size by Type
In 2019, Flashlights accounted for a major share of 47% in the global Portable Lighting market. And this product segment is poised to reach 89.72 (M Units) by 2024 from 73.16 (M Units) in 2019.
Portable Lighting market size by Applications
In Portable Lighting market, Outdoor segment holds an important share in terms of application, and it is expected to reach a volume of 84.05 (M Units) by 2024, at a CAGR of 2.79% during 2019 and 2024. It means that Portable Lighting will be promising in the Outdoor field in the next couple of years.
Market size by Region
Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Portable Lighting market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Portable Lighting market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Portable Lighting companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Portable Lighting submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Portable Lighting are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (M Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Portable Lighting market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.