Global LED Portable Lighting Market Overview:
The growing digitalization and industrialization consumption of electrical energy that has been escalating across the globe, has escalated to minimize or limit electricity consumption number of consumers are favoring LED portable Lighting. It is an excellent solution for temporary work lighting or site lighting. The rising benefits over traditional halogen lights make it more efficient for consumers needs. These portable LED are majorly used workshops or any workspace such as construction sites etc. The rising demand for generating portable lights are fuelling the market for LED portable Lighting Some of the key players profiled in the study are Energizer (United States), Havells (India), Ledlenser (Germany), KENNEDE (China), DP Lighting (Singapore), Ocean's King (China), SureFire (United States), Dorcy (United States), Nite Ize (United States) and Petzl (France).
On the basis of geography, the market of LED Portable Lighting has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Design Type, the sub-segment i.e. Lamps will boost the LED Portable Lighting market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Demand for Portable LED Lighting by the Modernization and Development of Infrastructure Such as Smart Cities
- Need for Energy-Efficient Lighting Systems
- Adoption of LEDs as a Light Source in General Lighting
- Increase in Adoption of Smart Lighting
- Lack of Awareness Regarding Installation Costs and Payback Periods
- Development of Alternative Technologies
- Development of Wireless Technology for Potable LED Lighting Systems
- Growing Need for replacement of traditional Lightning
- Lack of Common Open Standards
- Issue Related Towards voltage sensitivity and temperature dependence of these Portable LED Lighting
Major Market Developments:
On 8th April 2018, Larson Electronics LLC releases low voltage portable explosion proof LED Light with magnetic base. This portable explosion proof LED light is having a 5 foot all base stand, which is UL certified and approved for Class I, Division 1 and 2, Class II, Division 1 and 2, and Class III, Division 1 and 2 locations. This explosion proof LED features an encapsulated inline transformer for low voltage applications
LED Portable Lighting Manufactures, LED Portable Lighting Distributors, Potential Investors, End-User, Electronic Industries and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global LED Portable Lighting market on the basis of product [Flashlights, Headlamps, Lanterns and FloodLights and Worklight] , application [Industrial, Residential and Military], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the LED Portable Lighting market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the LED Portable Lighting industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Streamlight (United States), Ritelite (Systems) Ltd (United Kingdom) and Atlas Copco (Sweden).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the LED Portable Lighting market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.