Global Solar Lantern Flashlights Market Overview:
Solar lantern flashlights are flashlights powered by solar energy stored in rechargeable batteries. Solar lantern flashlights are one of the most chip devices that used to light up any place, as we are looking for an efficient lifestyle, Lanterns became solar powered. Governments are offering financial support in the form of subsidies to encourage the use of renewable sources will help to boost the global solar lantern flashlights market in the forecasted period. Some of the key players profiled in the study are Edisonbright (United States), Streamlight, Inc (United States), Pelican Products, Inc.(United States), Rayovac (United States), Fenix (China), MPOWERD Inc. (United States), Olight (United States), Energizer Holdings, Inc. (United States), Dorcy International, Inc. (United States) and Klarus Light Store (China).
On the basis of geography, the market of Solar Lantern Flashlights 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 Distribution Channel, the sub-segment i.e. Specialty stores will boost the Solar Lantern Flashlights market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand for Portable, Lightweight Lanterns during Camping
- High Demand from Developing Nations for Emergency Lights during Power Outages
- Favorable Government Support toward Adoption of Renewable Energy Sources
- Availability of Mobile Charging with Use of USB from Solar Lantern Flashlights
- Rising Awareness Regarding Benefits of Solar Lantern Flashlight
- Increasing Demand for Lanterns with Low Maintenance Costs
- Increasing Passion for Outdoor Hiking and Camping
- Availability of Different Substitutes across the Market
- High Cost of Material and Processing of the Flashlights
In the United States, ANSI in 2009 published FL1 Flashlight's basic performance standard. This voluntary standard defines test procedures and conditions for total light output, beam intensity, working distance, impact and water resistance, and battery running time to 10% of initial light output. The FL1 standard gives definitions for terms used in marketing flashlights, with the intention of allowing the consumer to compare products tested to the standard.
Target Audience:Solar Lantern Flashlights Manufacturers, Solar Lantern Flashlights Suppliers, Raw Material Suppliers, Potential Investors, Research Firm, Government Bodies and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Solar Lantern Flashlights market on the basis of product [Under 100 Lumens, 100 To 199 Lumens, 200 To 299 Lumens and 300 Lumens & Above] , application [Personal Use and Commercial Use], 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 Solar Lantern Flashlights 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 Solar Lantern Flashlights 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
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Solar Lantern Flashlights 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.