What is Led Hand Lamp Market?
LED Hand Lamp refers to the light that can be moved from one location to another location. This type of lamp is used in different industries for inspection and maintenance of workspace. It has features like resistance to temperature fluctuation, waterproof, shockproof, explosion-proof, and cost-efficient. LED Hand Lamp uses Energy-saving LED technology to provide energy-saving LED lighting solutions. These lamps are also provided rechargeable batteries with an on/off switch.
The market study is being classified by Type (LED Glass Hand Lamp, LED Polycarbonate Hand Lamp, LED Acrylic Hand Lamp, LED Flameproof Hand Lamp and Others), by Application (Industrial and Residential) and major geographies with country level break-up.
R. STAHL AG (Germany), Aster Industries (United States), Eaton (Ireland), SCANGRIP A/S (Denmark), Pyrotech Electronics Pvt. Ltd. (India), Rays Electronics (India), SHEPHERD TRANSFORMERS INDUSTRIES (India), Surya Marketing Corporation (India), Sibass Electric Private Limited. (India) and Ajmera Electrotech LLP (India) are some of the key players profiled in the study.
The global LED Hand Lamp market is fragmented with the presence of various players. Companies offer a wide range of Hand Lamps which are manufactured as per the international quality standard. Industries are using the hand lamp for inspection of workspace which is cost-efficient. Companies provide many features like shockproof, energy saving, long life, waterproof, explosion-proof, etc. The player is also participating in strategic activities like mergers and acquisitions to enhance their market presence.
Analyst at AMA have segmented the market study of Global Led Hand Lamp market by Type, Application and Region.
On the basis of geography, the market of Led Hand Lamp 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Emerging Need of Switching To LEDS from Traditional Lighting
- Growing Demand for High Brightness and Intensity Lamp with Long Lifespan among The Industries
- Advancement in LED Technology Offering Energy-Saving, Bright LED Technology with Long Service Life to The LED Hand Lamp With An Elegant Look
- Presence of Several Low quality LED Hand Lamp in the Market in Lower Prices
- Growing Demand for LED Hand Lamp among The Users Creating and Enormous Opportunities for Key Manufacture, Distributes and Service Providers
- High Cost of Raw Materials Hindering The LED Hand Lamp Market Growth
Market Leaders and some development strategies
On 18 October 2021, Hultafors Group signed an agreement to acquire Scangrip A/S. The completion of the transaction is expected to take place during the month of October, subject to customary closing conditions. Scangrip is an industry-leading manufacturer of innovative LED work lights (e.g. floodlights, handlamps, headlamps, and flashlights) for professional end-users. The Company is based in Svendborg, Denmark with a distribution of products in Europe and North America.
Key Target AudienceLED Hand Lamp Manufacturers, LED Hand Lamp International Traders, LED Hand Lamp Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others