A portable light is the light that can be moved around, which include headlamps, flashlights, area lights and other type of portable lights. In this report, we only study battery-powered portable light.
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 Lights industry concentration is relatively low. Of the major players of Portable Lights, Maglite maintained its first place in the ranking in 2017. Maglite accounted for 7.26% of the Global Portable Lights revenue market share in 2017. Other players accounted for 6.94%, 5.06% including Kang Mingsheng and Energizer.
In this study, the market for Portable Lights consumption divided into five geographic regions. In terms of value, North America accounted for 33.20% of global Portable Lights market share, in the Europe 39.70%, in Asia Pacific 22.36%, in Central & South America 3.33% and in Middle East and Africa 1.41%. 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.
Over the next five years, we project that Portable Lights will register a 4.9% CAGR in terms of revenue, reach US$ 2950 million by 2023, from US$ 2210 million in 2017.
In this report, we covers the present scenario (with the base year being 2017) and the growth prospects of global Portable Lights market for 2018-2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Portable Lights market by product type, application, key manufacturers and key regions.
To calculate the market size, we considers value and volume generated from the sales of the following segments:
Segmentation by product type:
- Area Lights/Lanterns
- Bicycle Lights
Segmentation by application:
This report also splits the market by region:
- United States
- More Regions
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- Kang Mingsheng
- More key manufacturers
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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