News

North America LED Flashlight Market is expected to reach US$ 385.2 Million by 2027 with CAGR of 3.4%

A flashlight (US) or torch (UK) is a portable handheld electric light. The light source was an incandescent light bulb (lamp), but since the mid-2000s it has gradually replaced light emitting diodes (LEDs). Some flashlights can be used in water or in flammable atmospheres.

According to the report, The North America LED flashlight market accounted to US$ 385.2 Million in 2019 and is expected to grow at a CAGR of 3.4% during the forecast period 2020 – 2027, to account to US$ 516.5 Million by 2027.

A flashlight can also represent love-a dream may have been a metaphor for you “carrying a torch” for someone in your life who is awake. A flashlight could be your dream to be more aggressive and tell you to look for things on your own.

Semiconductor devices are electronic components whose functions depend on the electronic properties of semiconductor materials (mainly silicon, germanium, gallium arsenide, and organic semiconductors). Semiconductor devices have replaced vacuum tubes in most applications.

The North America LED Flashlight market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

The Business Market Insights subscription helps clients understand the ongoing market trends, identify opportunities, and make informed decisions through the reports in the Subscription Platform. The Industry reports available in the subscription provide an in-depth analysis on various market topics and enable clients to line up remunerative opportunities. The reports provide the market size & forecast, drivers, challenges, trends, and more.

Get free trial subscription and gain instant access to our market research reports at https://www.businessmarketinsights.com/TIPRE00007123/request-trial

The popularity and penetration of LED lighting have grown at an unprecedented rate during the past few years. The usage of LED-based lighting solutions in both residential and commercial applications is rising at a fast pace owing to falling prices of LED and increasing technological advancement in LED technology. According to International Energy Agency (IEA) statistics, the global uptake of LED-based lighting has been increasing at a substantial rate, and in the global residential sector, it rose from 5% market share in 2013 to reach 40% market share in the year 2018. The lowering costs of LED is another complementing factor that is anticipated to fuel the overall adoption of LED-based lighting solutions worldwide owing to positive initiatives taken by various countries. In addition, government initiatives to phase out inefficient halogen lamps and fluorescent lights and to introduce minimum quality standards for LED lighting are projected to drive the growth of the LED market worldwide.

These factors are expected to offer broad growth opportunities in the Electronics and Semiconductor industry and this is expected to cause the demand for LED FLASHLIGHT in the market.

Business Market Insights reports focus upon client objectives, use standard research methodologies and exclusive analytical models, combined with robust business acumen, which provides precise and insightful results.

Business Market Insights reports are useful not only for corporate and academic professionals but also for consulting, research firms, PEVC firms, and professional services firms.

NORTH AMERICA LED FLASHLIGHT –  MARKET SEGMENTATION

By Type

  • Rechargeable LED Flashlight
  • Non-Rechargeable LED Flashlight
  • North America LED Flashlight Market, By Application
  • Residential
  • Commercial
  • Military & Law Enforcement

By Country

  • US
  • Canada
  • Mexico

Company Profiles

  • Bayco Products Inc.
  • Browning International S.A.
  • Dorcy International
  • Energizer Holdings Inc.
  • Larson Electronics, LLC
  • Mag Instrument Inc.
  • Nite Ize INc.
  • Pelican Products, Inc.
  • Streamlight Inc.
  • Surefire LLC

Full Report subscription with pay as per requirement at https://www.businessmarketinsights.com/TIPRE00007123/checkout/basic/single/monthly

 (30-day subscription plans prove to be very cost-effective with no compromise on the quality of reports)

Benefits with Business Market Insights

  • One Stop Platform to All the Market Insight Needs
  • Avoid Long Purchase Procedures
  • Fast and Easy Access
  • Cloud-Based Platform
  • News Updates
  • Ask the Analyst Support
  • Pay Monthly Subscription and Access All You Want
  • No Compulsion for Yearly Subscription
  • Reports Read or Download Access
  • Monthly New Reports Added
  • Affordable Product, Pay as Per Requirement

About Business Market Insights

Based in New York, Business Market Insights is a one-stop destination for in-depth market research reports from various industries including Technology, Media & Telecommunications, Semiconductor & Electronics, Aerospace & Defense, Automotive & Transportation, Biotechnology, Healthcare IT, Manufacturing & Construction, Medical Device, and Chemicals & Materials. The clients include corporate and academic professionals, consulting, research firms, PEVC firms, and professional services firms.

For Subscription contact

Business Market Insights

Phone : +442081254005
E-Mail : [email protected]