Portable Lighting Market (Updated Version Available)

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 2021. Maglite accounted for 7.27% of the Global Portable Lighting revenue market share in 2021. 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 2021. 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 2021. 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 2020 and will reach 3283.2 million US$ by the end of 2026, growing at a CAGR of 5.0% during 2021-2026. 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.

This report covers the present status and the future prospects of the global Portable Lighting market for 2015-2026.
The report offers detailed coverage of Portable Lighting industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Portable Lighting by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Maglite, Kang Mingsheng, Energizer, Ledlenser, KENNEDE, DP Lighting, Taigeer, Oceans King, SureFire, Dorcy, Nite Ize, Nitecore, Jiage, Petzl, Nextorch, Fenix, Pelican, Twoboys, Olight, Streamlight, Princeton, Wolf Eyes, Browning

Market Segment as follows:
Market by Order Type

Flashlights
Headlamps
Area lights/lanterns
Bicycle lights
Others

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
Outdoor
Industrial
Residential
Others

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 while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Portable Lighting market for the forecast period 2021 - 2026?
• What are the driving forces in the Portable Lighting market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Portable Lighting industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.