Market Overview:
The global portable LED worklights market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting solutions, growing construction and industrial activities, and rising awareness about the benefits of using LED worklights. The corded portable worklights segment is expected to account for the largest share of the global portable LED worklights market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030.
Product Definition:
Portable LED worklights are a type of flashlight that uses light-emitting diodes (LEDs) as the light source. They are typically small, hand-held devices that emit a bright white light. Portable LED worklights have many advantages over traditional incandescent flashlights. They are typically more durable, last longer, and use less energy.
Corded Portable Worklights:
Corded portable worklights are battery-powered and can be used for a longer duration unlike conventional light sources. Cordless portable LED worklights, on the other hand, can be used in any environment without the need of an extension cord.
Cordless Portable Worklights:
Cordless portable worklights are battery-powered and can be used for a longer time without any interruption unlike conventional light sources. Cordless portable worklights are designed to provide general illumination, they do not produce focused beam like conventional lights. The market size of cordless portable worklight is expected to witness significant growth over the forecast period owing to its increasing demand in construction, automotive, marine and other industries.
Application Insights:
The construction application segment led the global portable LED worklights market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing infrastructure activities across various regions, including North America and Europe. Moreover, growing urbanization leading to an increase in infrastructural projects across developing countries such as China and India is expected to drive the product demand over the next seven years.
The industrial application segment accounted for more than 30% of market share in 2017 owing to extensive use of electric tools for manufacturing purposes, which require high-quality light sources with better illumination capabilities for improving productivity levels among workers on production lines or during maintenance operations at night time. These lights also provide safety from tripping hazards or falling objects caused due by uneven flooring surfaces along with improved visibility resulting in increased adoption among industries worldwide since past few years.
Regional Analysis:
Asia Pacific led the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major portable LED worklights manufacturers, such as SEGWAY INC. and Orivate Technology Inc., who are focusing on developing cost-effective products for different applications across industries.
The growing demand for portable LED worklights from construction, industrial, and other application sectors has been fueling regional growth. In addition, rising disposable income coupled with increasing penetration of western culture of working is also expected to contribute toward industry growth over the next eight years.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lights
- Technological advancements in LED lighting technology
- Growing demand from commercial and industrial sectors
- Rising disposable income of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable LED Worklights Market Research Report
By Type
Corded Portable Worklights, Cordless Portable Worklights
By Application
Industrial, Construction, Residential, Others
By Companies
Alert Stamping, Bayco Products, CAT, Cooper Industries (Eaton), Ericson Manufacturing, Foshan Jinchu Lighting & Electrical, Larson Electronics, Lex Products, Luceco, Ningbo Boyi Electronics, Philips, Richpower Industries, Snap-on, Stanley Black & Decker, Streamlight, Techtronic Industries, Vignal Lighting Group, Voltec, WF Harris Lighting
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Portable LED Worklights Market Report Segments:
The global Portable LED Worklights market is segmented on the basis of:
Types
Corded Portable Worklights, Cordless Portable Worklights
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
Industrial, Construction, Residential, 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:
- Alert Stamping
- Bayco Products
- CAT
- Cooper Industries (Eaton)
- Ericson Manufacturing
- Foshan Jinchu Lighting & Electrical
- Larson Electronics
- Lex Products
- Luceco
- Ningbo Boyi Electronics
- Philips
- Richpower Industries
- Snap-on
- Stanley Black & Decker
- Streamlight
- Techtronic Industries
- Vignal Lighting Group
- Voltec
- WF Harris Lighting
Highlights of The Portable LED Worklights 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:
- Corded Portable Worklights
- Cordless Portable Worklights
- By Application:
- Industrial
- Construction
- Residential
- 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 Portable LED Worklights 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?
Portable LED worklights are a type of light that can be easily transported and used to illuminate areas. They are often small in size, making them easy to store and carry. Portable LED worklights typically use LEDs as their source of light, which is more efficient than traditional incandescent or fluorescent bulbs.
Some of the major companies in the portable led worklights market are Alert Stamping, Bayco Products, CAT, Cooper Industries (Eaton), Ericson Manufacturing, Foshan Jinchu Lighting & Electrical, Larson Electronics, Lex Products, Luceco, Ningbo Boyi Electronics, Philips, Richpower Industries, Snap-on, Stanley Black & Decker, Streamlight, Techtronic Industries, Vignal Lighting Group, Voltec, WF Harris Lighting.
The portable led worklights market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Portable LED Worklights 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. Portable LED Worklights Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Portable LED Worklights Market - Supply Chain
4.5. Global Portable LED Worklights Market Forecast
4.5.1. Portable LED Worklights Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Portable LED Worklights Market Size (000 Units) and Y-o-Y Growth
4.5.3. Portable LED Worklights Market Absolute $ Opportunity
5. Global Portable LED Worklights 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. Portable LED Worklights Market Size and Volume Forecast by Type
5.3.1. Corded Portable Worklights
5.3.2. Cordless Portable Worklights
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Portable LED Worklights 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. Portable LED Worklights Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Construction
6.3.3. Residential
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Portable LED Worklights 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. Portable LED Worklights 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 Portable LED Worklights 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. Portable LED Worklights 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 Portable LED Worklights Demand Share Forecast, 2019-2026
9. North America Portable LED Worklights 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 Portable LED Worklights 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 Portable LED Worklights Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Construction
9.4.3. Residential
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Portable LED Worklights Market Size and Volume Forecast by Type
9.7.1. Corded Portable Worklights
9.7.2. Cordless Portable Worklights
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 Portable LED Worklights Demand Share Forecast, 2019-2026
10. Latin America Portable LED Worklights 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 Portable LED Worklights 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 Portable LED Worklights Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Construction
10.4.3. Residential
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Portable LED Worklights Market Size and Volume Forecast by Type
10.7.1. Corded Portable Worklights
10.7.2. Cordless Portable Worklights
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 Portable LED Worklights Demand Share Forecast, 2019-2026
11. Europe Portable LED Worklights 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 Portable LED Worklights 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 Portable LED Worklights Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Construction
11.4.3. Residential
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Portable LED Worklights Market Size and Volume Forecast by Type
11.7.1. Corded Portable Worklights
11.7.2. Cordless Portable Worklights
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 Portable LED Worklights Demand Share, 2019-2026
12. Asia Pacific Portable LED Worklights 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 Portable LED Worklights 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 Portable LED Worklights Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Construction
12.4.3. Residential
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Portable LED Worklights Market Size and Volume Forecast by Type
12.7.1. Corded Portable Worklights
12.7.2. Cordless Portable Worklights
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 Portable LED Worklights Demand Share, 2019-2026
13. Middle East & Africa Portable LED Worklights 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 Portable LED Worklights 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 Portable LED Worklights Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Construction
13.4.3. Residential
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Portable LED Worklights Market Size and Volume Forecast by Type
13.7.1. Corded Portable Worklights
13.7.2. Cordless Portable Worklights
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 Portable LED Worklights Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Portable LED Worklights Market: Market Share Analysis
14.2. Portable LED Worklights Distributors and Customers
14.3. Portable LED Worklights Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alert Stamping
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bayco Products
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CAT
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cooper Industries (Eaton)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ericson Manufacturing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Foshan Jinchu Lighting & Electrical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Larson Electronics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lex Products
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Luceco
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ningbo Boyi Electronics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Philips
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Richpower Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Snap-on
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Stanley Black & Decker
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Streamlight
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Techtronic Industries
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Vignal Lighting Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Voltec
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. WF Harris Lighting
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
