Asia Pacific LED Flashlight Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Rechargeable and Non-Rechargeable), Product (Safety Flashlights, Everyday Carry Flashlights, and Tactical Flashlights), and Application (Residential, Commercial, and Military and Law Enforcement)
Market Introduction
Flashlights are handheld battery-backed electric light devices. Initially, the flashlights were powered by incandescent light bulbs, but with beginning of the 21st century, the light-emitting diodes (LEDs) replaced incandescent light bulbs owing to their greater power efficiencies. Later, the emergence of the flashlights powered by rechargeable lithium batteries hindered the alkaline battery-powered flashlight market for APAC region. Further, with technological advancements, more efficient, lightweight, and compact flashlights were introduced. A comprehensive range of LED flashlights are now offered in the market, which have a wide-range applicability; they can be used by divers in deep ocean, astronauts in space stations, children in household tasks, engineers in industrial facilities, and so on. APAC market witness’s massive growth of LED flashlights due to increase in the manufacturing & construction sector, a large number of developing countries, and the military. Therefore, the adoption of LED lighting products, including a flashlight, bulbs is rising. Due to increasing population of the APAC region, the construction is growing at an exponential rate and thereby up surging demand for advanced lighting products to ensure hassle-free working in the constructional areas. Other factors such as rising preference for energy-efficient, non-conventional lighting solutions and increase in use of LED flashlights in hazardous Industrial environments are expected to drive the APAC LED flashlight market.
Furthermore, in case of COVID-19, APAC region is highly affected specially the China and India. APAC region is characterized by the presence of a large number of developing countries, positive economic outlook, high industrial presence, huge population, and rising disposable income. All these factors make APAC a major growth driving region for various markets including LED Flashlight market. The lockdown of various plants and factories in China is affecting the global supply chains and negatively impacting manufacturing, delivery schedules, and sales of various products and services. The lockdown of various plants and factories in China is affecting the global supply chains and negatively impacting manufacturing, and sales of various products and services. All these factors are affecting the demand of various types of LED Flashlight solutions in the region negatively. Additionally, the increasing governmental investment across residential sector and military spending in countries such as China and India, is another positive sign for the growth of everyday carry lights and tactical LED Flashlight market in the region
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Market Overview and Dynamics
The APAC LED flashlight market is expected to grow from US$ 1,082.5 million in 2019 to US$ 1,589.7 million by 2027; it is estimated to grow at a CAGR of 5.1 % from 2020 to 2027. Escalating demand of tactical LED flashlights due to small size and rugged material is expected to upsurge the APAC LED flashlight market. Escalation in military spending across APAC region is one of the significant factors boosting the adoption of technologically advanced equipment such as tactical LED flashlights. The tactical LED flashlights meet high quality standards as they are made up of rugged materials. Aircraft-grade aluminum is the main raw material used in flashlight manufacturing; it makes these lights waterproof, long-lasting, and shock-proof, and allows manufacturers to keep their size small. Tactical flashlights are robustly being used across the APAC military and law enforcement sector, jungle hiking, coal mines, and hunting. Owing to the ruggedness of materials, the flashlights can be attached to any weapon. Tactical flashlights feature rechargeable battery backup up to 48 hours and greater lumen capacity of at least 500. The size of tactical LED flashlights is about the average human palm. Due to the size advantage, these flashlights are used for self-defense by disabling the vision of an attacker at night. The soldiers majorly use their weapons to disguise and their positions to quickly and efficiently carry rifles, handguns, and sub-machine guns. The tactical LED flashlights can be attached to any weapon as they are made up of rugged materials, as well as tactical LED flashlights are waterproof. Advantages of tactical LED flashlights such as lights waterproof, long-lasting, and shock-proof etc. are expected to increase its demand in coming years, which will drive the APAC LED flashlight market.
Key Market Segments
In terms of type, the rechargeable segment accounted for the largest share of the APAC LED flashlight market in 2019. In terms of product, the everyday carry flashlights segment held a larger market share of the APAC LED flashlight market in 2019. Further, the commercial segment held a larger share of the APAC LED flashlight market based on application in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the APAC LED flashlight market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Bayco Products Inc.; Coast Products; Dorcy International, Inc.; Duracell Inc.; ENERGIZER HOLDINGS, INC.; Ledlenser GmbH & Co. KG; Mag Instrument Inc.; Pelican Products, Inc.; Streamlight Inc.; Surefire LLC.
Reasons to buy report
- To understand the APAC LED flashlight market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC LED flashlight market
- Efficiently plan M&A and partnership deals in APAC LED flashlight market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC LED flashlight market
- Obtain market revenue forecast for market by various segments from 2020-2027 in APAC region.
APAC LED Flashlight Market Segmentation
APAC LED Flashlight Market - By Type
- Rechargeable
- Non-Rechargeable
APAC LED Flashlight Market - By Product
- Safety Flashlights
- Everyday Carry Flashlights
- Tactical Flashlights
APAC LED Flashlight Market - By Application
- Residential
- Commercial
- Military & Law Enforcement
APAC LED Flashlight Market - By Country
- China
- Japan
- South Korea
- Australia
- India
- Rest of APAC
APAC LED Flashlight Market - Company Profiles
- Bayco Products Inc.
- Coast Products
- Dorcy International, Inc.
- Duracell Inc.
- ENERGIZER HOLDINGS, INC.
- Ledlenser GmbH & Co. KG
- Mag Instrument Inc.
- Pelican Products, Inc.
- Streamlight Inc.
- Surefire LLC
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC LED Flashlight Market – By Type
1.3.2 APAC LED Flashlight Market – By Product
1.3.3 APAC LED Flashlight Market – By Application
1.3.4 APAC LED Flashlight Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC LED Flashlight Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC LED Flashlight Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Escalating Demand of Tactical LED Flashlights due to Small Size and Rugged Material
5.1.2 Soaring penetration of LED Lighting with Supportive Government Initiatives
5.2 Key Market Restraints
5.2.1 Deficiency of standardization and alternative products availability
5.3 Key Market Opportunities
5.3.1 Rising Preference for Energy-Efficient, Non-Conventional Lighting Solutions
5.4 Future Trends
5.4.1 Increase in Use of LED Flashlights in Hazardous Industrial Environments
5.5 Impact Analysis of Drivers and Restraints
6. LED Flashlight Market – APAC Analysis
6.1 APAC LED Flashlight Market Overview
6.2 APAC LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. APAC LED Flashlight Market Analysis– By Type
7.1 Overview
7.2 APAC LED Flashlight Market Breakdown, By Type, 2019 & 2027 (%)
7.3 Rechargeable LED Flashlight
7.3.1 Overview
7.3.2 Rechargeable LED Flashlight Market Revenue and Forecast to 2027 (US$ Million)
7.4 Non-Rechargeable LED Flashlight
7.4.1 Overview
7.4.2 Non-Rechargeable LED Flashlight Market Revenue and Forecast to 2027 (US$ Million)
8. APAC LED Flashlight Market Analysis – By Product
8.1 Overview
8.2 APAC LED Flashlight Market Breakdown, By Product, 2019 & 2027 (%)
8.3 Safety Flashlights
8.3.1 Overview
8.3.2 Safety Flashlights Market Revenue and Forecast to 2027 (US$ Million)
8.4 Everyday Carry Flashlights
8.4.1 Overview
8.4.2 Everyday Carry Flashlights Revenue and Forecast to 2027 (US$ Million)
8.5 Tactical Flashlights
8.5.1 Overview
8.5.2 Tactical Flashlights Market Revenue and Forecast to 2027 (US$ Million)
9. APAC LED Flashlight Market Analysis – By Application
9.1 Overview
9.2 APAC LED Flashlight Market Breakdown, By Application, 2019 & 2027 (%)
9.3 Residential
9.3.1 Overview
9.3.2 Residential Market Revenue and Forecast to 2027 (US$ Million)
9.4 Commercial
9.4.1 Overview
9.4.2 Commercial Market Revenue and Forecast to 2027 (US$ Million)
9.5 Military and Law Enforcement
9.5.1 Overview
9.5.2 Military and Law Enforcement Market Revenue and Forecast to 2027 (US$ Million)
10. APAC LED Flashlight Market – Country Analysis
10.1 Overview
10.1.1 APAC: LED Flashlight Market, By Country
10.1.1.1 China: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 China: LED Flashlight Market, By Type
10.1.1.1.2 China: LED Flashlight Market, By Product
10.1.1.1.3 China: LED Flashlight Market, By Application
10.1.1.2 India: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 India: LED Flashlight Market, By Type
10.1.1.2.2 India: LED Flashlight Market, By Product
10.1.1.2.3 India: LED Flashlight Market, By Application
10.1.1.3 Japan: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 Japan: LED Flashlight Market, By Type
10.1.1.3.2 Japan: LED Flashlight Market, By Product
10.1.1.3.3 Japan: LED Flashlight Market, By Application
10.1.1.4 South Korea: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.4.1 South Korea: LED Flashlight Market, By Type
10.1.1.4.2 South Korea: LED Flashlight Market, By Product
10.1.1.4.3 South Korea: LED Flashlight Market, By Application
10.1.1.5 Australia: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.5.1 Australia: LED Flashlight Market, By Type
10.1.1.5.2 Australia: LED Flashlight Market, By Product
10.1.1.5.3 Australia: LED Flashlight Market, By Application
10.1.1.6 Rest of APAC: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.6.1 Rest of APAC: LED Flashlight Market, By Type
10.1.1.6.2 Rest of APAC: LED Flashlight Market, By Product
10.1.1.6.3 Rest of APAC: LED Flashlight Market, By Application
11. APAC LED Flashlight Market- COVID-19 Impact Analysis
11.1 APAC: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Bayco Products Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Coast Products
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Duracell Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Ledlenser GmbH & Co. KG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Dorcy International, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 ENERGIZER HOLDINGS, INC.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Mag Instrument Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Pelican Products, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Streamlight Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments-
13.10 Surefire LLC
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. APAC LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. China LED Flashlight Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 3. China LED Flashlight Market, By Product– Revenue and Forecast to 2027 (US$ Million)
Table 4. China LED Flashlight Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 5. India LED Flashlight Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 6. India LED Flashlight Market, By Product– Revenue and Forecast to 2027 (US$ Million)
Table 7. India LED Flashlight Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 8. Japan LED Flashlight Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 9. Japan LED Flashlight Market, By Product– Revenue and Forecast to 2027 (US$ Million)
Table 10. Japan LED Flashlight Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 11. South Korea LED Flashlight Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 12. South Korea LED Flashlight Market, By Product– Revenue and Forecast to 2027 (US$ Million)
Table 13. South Korea LED Flashlight Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 14. Australia LED Flashlight Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 15. Australia LED Flashlight Market, By Product– Revenue and Forecast to 2027 (US$ Million)
Table 16. Australia LED Flashlight Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 17. Rest of APAC LED Flashlight Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 18. Rest of APAC LED Flashlight Market, By Product– Revenue and Forecast to 2027 (US$ Million)
Table 19. Rest of APAC LED Flashlight Market, By Application – Revenue and Forecast to 2027 (US$ Million)
LIST OF FIGURES
Figure 1. APAC LED Flashlight Market Segmentation
Figure 2. APAC LED Flashlight Market Segmentation – By Country
Figure 3. APAC LED Flashlight Market Overview
Figure 4. Rechargeable LED Flashlight held the Largest Share of APAC LED Flashlight Market
Figure 5. Commercial Segment held the Largest Share of APAC LED Flashlight Market
Figure 6. Everyday Carry Flashlights segment held the Largest Share of APAC LED Flashlight Market
Figure 7. India to Show Great Traction During Forecast Period
Figure 8. APAC– PEST Analysis
Figure 9. APAC LED Flashlight Market- Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. APAC LED Flashlight Market Impact Analysis of Drivers and Restraints
Figure 12. APAC LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. APAC LED Flashlight Market Breakdown, By Type, 2019 & 2027 (%)
Figure 14. APAC Rechargeable LED Flashlight Market Revenue and Forecast to 2027 (US$ Million)
Figure 15. APAC Non-Rechargeable LED Flashlight Market Revenue and Forecast to 2027 (US$ Million)
Figure 16. APAC LED Flashlight Market Breakdown, By Product, 2019 & 2027 (%)
Figure 17. APAC Safety Flashlights Market Revenue and Forecast to 2027 (US$ Million)
Figure 18. APAC Everyday Carry Flashlights Market Revenue and Forecast to 2027 (US$ Million)
Figure 19. APAC Tactical Flashlights Market Revenue and Forecast to 2027 (US$ Million)
Figure 20. APAC LED Flashlight Market Breakdown, By Application, 2019 and 2027 (%)
Figure 21. APAC Residential Market Revenue and Forecast to 2027 (US$ Million)
Figure 22. APAC Commercial Market Revenue and Forecast to 2027 (US$ Million)
Figure 23. APAC Military and Law Enforcement Market Revenue and Forecast to 2027 (US$ Million)
Figure 24. APAC: LED Flashlight Market Revenue Share, By Country (2019 and 2027)
Figure 25. China: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. India: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. Japan: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. South Korea: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Australia: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. Rest of APAC: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic in APAC Country Markets
Some of the leading companies are:
- Bayco Products Inc.
- Coast Products
- Dorcy International, Inc.
- Duracell Inc.
- ENERGIZER HOLDINGS, INC.
- Ledlenser GmbH & Co. KG
- Mag Instrument Inc.
- Pelican Products, Inc.
- Streamlight Inc.
- Surefire LLC
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC LED flashlight market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the APAC LED flashlight market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the LED flashlight market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution