Market Overview:
The global lighting product market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient lighting products and rising awareness about the benefits of using LED lights. The flashlight segment is expected to dominate the global lighting product market, followed by lanterns and headlights. The commercial application segment is expected to account for the majority of the market share during the forecast period, owing to increased adoption of LED lights in commercial spaces such as offices, schools, hospitals, and retail stores. In terms of region, North America is projected to lead the global lighting product market duringthe forecast period followed by Europe and Asia Pacific.
Product Definition:
A lighting product is a device that emits light. Lighting products can be used for both functional and decorative purposes.
Flashlight:
The global market for the flashlights is expected to grow at a CAGR of XX% from 2018 to 2025. The growth can be attributed to growing demand for LED flashlights with improved features such as long-lasting light source, compact size and lightweight. Moreover, increasing incidences of home & building burglary and night theft are also anticipated to drive the product demand over the forecast period.
Lanterns:
Lanterns are portable light sources used for indoor and outdoor lighting purposes. They can be categorized into two types: fueled lamps and electric lamps. The basic function of a lantern is to provide light; however, it also serves other functions such as cooking, camping, emergency preparedness or safety, navigation at night or in areas with poor cell phone reception etc. depending upon the type of lamp it is.
Application Insights:
The commercial application segment held the largest share of more than 60.0% in 2017. The use of these products for security, illumination, and signaling is widespread at airports, seaports, railway stations, government buildings and other public places such as corporate offices or shopping malls. Increasing investments in the development of smart city projects are expected to boost the demand for various lighting solutions including LED lightings over the forecast period.
Increasing tourism has resulted in an increased number of hotels construction across various countries globally which is likely to fuel industry expansion over the forecast period particularly in Asia Pacific and Middle East & Africa regions where tourism is a major contributor to GDP growth rates respectively.
Regional Analysis:
North America dominated the global lighting product market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for high-performance and energy-efficient lighting products from various end-use industries such as construction, manufacturing, oil & gas and mining. Moreover, growing adoption of LED lights in residential as well as commercial applications is also expected to drive regional growth over the forecast period.
Asia Pacific is projected to be one of the fastest growing regions during the same period owing to rapid industrialization along with increasing infrastructure activities across key economies such as China and India which are likely to boost overall demand for industrial equipment including machinery used in manufacturing processes or vehicles used by businesses etc., thereby driving industry growth over past few years.
Growth Factors:
- Increasing demand from the commercial sector for energy-efficient lighting products
- Rising awareness about the benefits of using LED lights over traditional lighting products
- Proliferation of internet of things (IoT) and smart home technologies that enable users to control their lighting fixtures remotely
- Growing popularity of home automation and retrofit projects that call for installation of new lighting systems
- Emergence of innovative LED products such as color-changing LEDs, 3D printing LEDs, etc., that are attracting consumers' attention
Scope Of The Report
Report Attributes
Report Details
Report Title
Lighting Product Market Research Report
By Type
Flashlight, Lanterns, Headlights, Battery/propane or liquid fuel Camping lighting, Others
By Application
Commercial, Industrial, Others
By Companies
Surefire, Maglite, Streamlight, Pelican, Nite Ize, Inc, Dorcy, Mpowerd, Luminaid Lab
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Lighting Product Market Report Segments:
The global Lighting Product market is segmented on the basis of:
Types
Flashlight, Lanterns, Headlights, Battery/propane or liquid fuel Camping lighting, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Surefire
- Maglite
- Streamlight
- Pelican
- Nite Ize, Inc
- Dorcy
- Mpowerd
- Luminaid Lab
Highlights of The Lighting Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flashlight
- Lanterns
- Headlights
- Battery/propane or liquid fuel Camping lighting
- Others
- By Application:
- Commercial
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lighting Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lighting product is a type of product that helps to create a desired effect in an area. It can be used for decoration, illumination, or safety.
Some of the key players operating in the lighting product market are Surefire, Maglite, Streamlight, Pelican, Nite Ize, Inc, Dorcy, Mpowerd, Luminaid Lab.
The lighting product market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lighting Product Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lighting Product Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lighting Product Market - Supply Chain
4.5. Global Lighting Product Market Forecast
4.5.1. Lighting Product Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lighting Product Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lighting Product Market Absolute $ Opportunity
5. Global Lighting Product Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lighting Product Market Size and Volume Forecast by Type
5.3.1. Flashlight
5.3.2. Lanterns
5.3.3. Headlights
5.3.4. Battery/propane or liquid fuel Camping lighting
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lighting Product Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lighting Product Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Industrial
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lighting Product Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lighting Product Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lighting Product Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lighting Product Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lighting Product Demand Share Forecast, 2019-2026
9. North America Lighting Product Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lighting Product Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lighting Product Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Industrial
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lighting Product Market Size and Volume Forecast by Type
9.7.1. Flashlight
9.7.2. Lanterns
9.7.3. Headlights
9.7.4. Battery/propane or liquid fuel Camping lighting
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lighting Product Demand Share Forecast, 2019-2026
10. Latin America Lighting Product Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lighting Product Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lighting Product Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Industrial
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lighting Product Market Size and Volume Forecast by Type
10.7.1. Flashlight
10.7.2. Lanterns
10.7.3. Headlights
10.7.4. Battery/propane or liquid fuel Camping lighting
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lighting Product Demand Share Forecast, 2019-2026
11. Europe Lighting Product Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lighting Product Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lighting Product Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Industrial
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lighting Product Market Size and Volume Forecast by Type
11.7.1. Flashlight
11.7.2. Lanterns
11.7.3. Headlights
11.7.4. Battery/propane or liquid fuel Camping lighting
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lighting Product Demand Share, 2019-2026
12. Asia Pacific Lighting Product Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lighting Product Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lighting Product Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Industrial
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lighting Product Market Size and Volume Forecast by Type
12.7.1. Flashlight
12.7.2. Lanterns
12.7.3. Headlights
12.7.4. Battery/propane or liquid fuel Camping lighting
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lighting Product Demand Share, 2019-2026
13. Middle East & Africa Lighting Product Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lighting Product Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lighting Product Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Industrial
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lighting Product Market Size and Volume Forecast by Type
13.7.1. Flashlight
13.7.2. Lanterns
13.7.3. Headlights
13.7.4. Battery/propane or liquid fuel Camping lighting
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lighting Product Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lighting Product Market: Market Share Analysis
14.2. Lighting Product Distributors and Customers
14.3. Lighting Product Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Surefire
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Maglite
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Streamlight
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pelican
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nite Ize, Inc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dorcy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mpowerd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Luminaid Lab
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
