Global Portable Lights Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Portable Lights Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A portable light is a light that can be picked up, moved, and plugged into an electrical outlet. Portable lighting gives the user the flexibility to easily move the fixture exactly where the user wants it so that the user can have ambient, task and direct lighting when they need it. Portable lights usually include: flashlights, headlamps, area lights/lanterns, bicycle lights, work lights, tent light, etc.

Market Overview:

The latest research study on the global Portable Lights market finds that the global Portable Lights market reached a value of USD 2355.38 million in 2022. It’s expected that the market will achieve USD 3189.77 million by 2028, exhibiting a CAGR of 5.18% during the forecast period.

Upstream and downstream interactions will cause business disruption

First of all, affected by the global COVID-19 epidemic, it is difficult for the procurement and transportation of raw materials and equipment to be in place in a timely manner, and upstream enterprises affect the work progress of mid- and downstream enterprises. Secondly, manufacturers in the portable light industry are affected to varying degrees, and companies re-examine their investment strategies, especially their productive expansion investment strategies. They will re-formulate production plans based on the current epidemic situation and market supply and demand; the epidemic will have an impact on the cash flow of small and medium-sized enterprises in the industry, which in turn will affect the operating conditions. At the same time, delays in production and delivery due to poor logistics may lead to loss of customers if the customer's delivery time requirements do not meet the contractual requirements. Finally, it affects the demand of downstream buyers. Due to the epidemic prevention and control policy, people's travel is restricted, production activities are hindered, and short-term demand is affected. At the same time, the impact of the market segment of portable lights is different. For example, the epidemic has promoted the development of camping, camping Equipment-related portable lights are welcome.

Region Overview:

In 2021, the share of the Portable Lights market in Europe stood at 31.96%.

Company Overview:

Maglite
Maglite is a brand of flashlight manufactured in the United States by Mag Instrument, Inc. located in Ontario, California, and founded by Anthony Maglica. It was introduced in 1979. Constructed principally of anodized 6061 aluminum, they have a variable-focus beam. Maglites are produced in several colors such as black, silver, blue, red, green, purple, gold, and different finishes. Originally Maglite flashlights used krypton or xenon incandescent bulbs. Current models have LEDs, although the older models are still widely available.

Taigeer

Guang Dong Taigeer Power Source Science & Tecnology Co.,Ltd,established in 1998 in Shantou and is a professional manufacturer ofrechargeable mosquito swatter, mosquito trap, LED flashlight, head lamp,reading lamp, hand lamp, mini fan and so on.

Maglite is one of the major players operating in the Portable Lights market, holding a share of 10.60% in 2022.

Maglite, Taigeer, Energizer, Oceans King, Ledlenser are the five key players in the global Portable Lights market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global market in the past 5 years.

Segmentation Overview:

Flashlights
A flashlight is a hand-held portable electric-powered light source. Usually, the light source is a small incandescent light bulb or light-emitting diode.

Headlamps

A headlamp is a light which is designed to be worn on the head. This type of headlamp is popular with people who need lighting, but also want their hands to be free. Miners often include headlamps mounted on the hardhats of the miners. Headlamps are also very useful for campers and hikers, who sometimes encounter dim conditions, but need both hands to navigate or manipulate items. And headlamps are also used by people who work in tunnels and other dark environments.

Area Lights/Lanterns

A lantern is an often-portable source of lighting, typically featuring a protective enclosure for the light source, and often a battery-powered light to make it easier to carry and hang up, and make it more reliable outdoors or interiors.

Bicycle Lights

Bicycle lighting is illumination attached to bicycles whose purpose above all is, along with reflectors, to improve the visibility of the bicycle and its rider to other road users under circumstances of poor ambient illumination.

Others (Work Lights, Tent Light, etc)

In addition, there are other forms of portable lights, such as tent lights for camping, high-intensity work lights, and more.

By type, Flashlights segment accounted for the largest share of market in 2021.

Application Overview:

Portable lights are usually used in: outdoor operations, activities; industrial detection, construction, production; home lighting, backup lighting and other fields.

By application, the Outdoor segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Portable Lights market covered in Chapter 3:

Maglite
Ledlenser
Nextorch
Nite Ize
Taigeer
Petzl
Nitecore
SureFire
Energizer
Oceans King
KENNEDE
Dorcy
Kang Mingsheng

In Chapter 4 and Chapter 14.2, on the basis of types, the Portable Lights market from 2018 to 2029 is primarily split into:

Flashlights
Headlamps
Area Lights/Lanterns
Bicycle Lights
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Portable Lights market from 2018 to 2029 covers:

Outdoor
Industrial
Residential
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)