Europe 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 across Europe region. Further, with technological advancements, more efficient, lightweight, and compact flashlights were introduced. A comprehensive range of LED flashlights are now offered in the Europe 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. The escalating need for safety and security at the commercial and industrial facilities, and increasing frequency of power cut in remote areas fuel the growth of the Europe LED flashlights market. Additionally, year-on-year increase in defense budgets, and ruggedness, shockproof and waterproof capabilities, massive battery, long lumen range, weapon mounting and eye strobing capabilities, etc., drive the adoption of the tactical LED flashlights among armed forces across Europe region. Other factors such as increase in penetration of LED lighting with government support and rising demand of tactical LED flashlights are driving the Europe LED flashlight market.
Furthermore, in case of COVID-19, Europe is highly affected specially the UK and Russia. Europe is a one of the key regions for the growth of LED Flashlight market with the presence of many developed countries such as Germany, UK, France, Italy, Norway, and Sweden, where military spending is quite high in comparison to other regions coupled with high investments in LED Flashlight manufacturing startups. Also, the high adoption of advanced technology solutions in various industries makes this region an ideal market for the growth of LED Flashlight market. Businesses in the region are facing severe economic difficulties as they either had to suspend their operations or reduce their activities in a substantial manner. Due to COVID-19 outbreak, the governments in various European countries have imposed lockdowns/movement restrictions and closed down the manufacturing industries to contain the outbreak. All these factors are anticipated to impact supply and demand of LED flashlights hence affecting the Europe LED flashlight market negatively.
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Market Overview and Dynamics
The Europe LED flashlight market is expected to grow from US$ 434.8 million in 2019 to US$ 580.3 million by 2027; it is estimated to grow at a CAGR of 3.8 % from 2020 to 2027. Escalation in the use of LED flashlights in hazardous industrial environments is expected to upsurge the Europe LED flashlight market. Military and marine operations, law enforcement, oil & gas industries, and mining are among the industries with hazardous fields of operations. The demand for highly efficient and durable gear is high in these industries. With the evolution of lighting technologies and improvements in materials, the adoption of LED-based flashlight is growing at an impressive pace in the abovementioned industries across Europe region. Manufacturers are offering a wide variety of tactical LED flashlights that can be deployed in hazardous environments. The companies operating in the Europe LED flashlight market are continuously working on improving their products, with a prime focus on weight and lifespan, to meet the specific requirements of diverse industries. Explosion-proof LED flashlights are technologically advanced product that are used in industries handling potentially explosive and volatile compounds. The explosion proof lighting systems are deployed in various industries to prevent the ignition of spark from the electrical equipment. Further, the usage of LED technology in hazardous work environments such as the oil & gas refineries has aided in reinforcing safety measures for unpredictable situations. Hence, the introduction of durable, safe, and innovative LED flashlights, especially in hazardous work environments, is expected to drive the Europe LED flashlight market.
Key Market Segments
In terms of type, the rechargeable segment accounted for the largest share of the Europe LED flashlight market in 2019. In terms of product, the everyday carry flashlights segment held a larger market share of the Europe LED flashlight market in 2019. Further, the commercial segment held a larger share of the Europe 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 Europe 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.; Browning; 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 Europe 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 Europe LED flashlight market
- Efficiently plan M&A and partnership deals in Europe 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 Europe LED flashlight market
- Obtain market revenue forecast for market by various segments from 2020-2027 in Europe region.
Europe LED Flashlight Market Segmentation
Europe LED Flashlight Market - By Type
- Rechargeable
- Non-Rechargeable
Europe LED Flashlight Market - By Product
- Safety Flashlights
- Everyday Carry Flashlights
- Tactical Flashlights
Europe LED Flashlight Market - By Application
- Residential
- Commercial
- Military & Law Enforcement
Europe LED Flashlight Market - By Country
- France
- Germany
- UK
- Russia
- Italy
- Rest of Europe
Europe LED Flashlight Market - Company Profiles
- Bayco Products Inc.
- Browning
- 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 Europe LED Flashlight Market – By Type
1.3.2 Europe LED Flashlight Market – By Product
1.3.3 Europe LED Flashlight Market – By Application
1.3.4 Europe LED Flashlight Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe LED Flashlight Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe LED Flashlight Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Rising Demand of Tactical LED Flashlights due to Small Size and Rugged Material
5.1.2 Increase in penetration of LED Lighting with Government Support
5.2 Key Market Restraints
5.2.1 Inadequacy of standardization and Presence of Alternative Products
5.3 Key Market Opportunities
5.3.1 Growing Preference for Energy-Efficient, Non-Conventional Lighting Solutions
5.4 Future Trends
5.4.1 Escalation in the Use of LED Flashlights in Hazardous Industrial Environments
5.5 Impact Analysis of Drivers and Restraints
6. LED Flashlight Market – Europe Analysis
6.1 Europe LED Flashlight Market Overview
6.2 Europe LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Europe LED Flashlight Market Analysis– By Type
7.1 Overview
7.2 Europe 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. Europe LED Flashlight Market Analysis – By Product
8.1 Overview
8.2 Europe 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. Europe LED Flashlight Market Analysis – By Application
9.1 Overview
9.2 Europe 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. Europe LED Flashlight Market – Country Analysis
10.1 Overview
10.1.1 Europe: LED Flashlight Market, By Country
10.1.1.1 Germany: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 Germany: LED Flashlight Market, By Type
10.1.1.1.2 Germany: LED Flashlight Market, By Product
10.1.1.1.3 Germany: LED Flashlight Market, By Application
10.1.1.2 France: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 France: LED Flashlight Market, By Type
10.1.1.2.2 France: LED Flashlight Market, By Product
10.1.1.2.3 France: LED Flashlight Market, By Application
10.1.1.3 Italy: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 Italy: LED Flashlight Market, By Type
10.1.1.3.2 Italy: LED Flashlight Market, By Product
10.1.1.3.3 Italy: LED Flashlight Market, By Application
10.1.1.4 UK: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.4.1 UK: LED Flashlight Market, By Type
10.1.1.4.2 UK: LED Flashlight Market, By Product
10.1.1.4.3 UK: LED Flashlight Market, By Application
10.1.1.5 Russia: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.5.1 Russia: LED Flashlight Market, By Type
10.1.1.5.2 Russia: LED Flashlight Market, By Product
10.1.1.5.3 Russia: LED Flashlight Market, By Application
10.1.1.6 Rest of Europe: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.6.1 Rest of Europe: LED Flashlight Market, By Type
10.1.1.6.2 Rest of Europe: LED Flashlight Market, By Product
10.1.1.6.3 Rest of Europe: LED Flashlight Market, By Application
11. Europe LED Flashlight Market- COVID-19 Impact Analysis
11.1 Europe: 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 Browning
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 Ledlenser GmbH & Co. KG
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 Dorcy International, 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 ENERGIZER HOLDINGS, 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 Mag Instrument 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 Pelican Products, 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 Streamlight Inc.
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-
13.11 Surefire LLC
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. Germany LED Flashlight Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 3. Germany LED Flashlight Market, By Product– Revenue and Forecast to 2027 (US$ Million)
Table 4. Germany LED Flashlight Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 5. France LED Flashlight Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 6. France LED Flashlight Market, By Product– Revenue and Forecast to 2027 (US$ Million)
Table 7. France LED Flashlight Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 8. Italy LED Flashlight Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 9. Italy LED Flashlight Market, By Product– Revenue and Forecast to 2027 (US$ Million)
Table 10. Italy LED Flashlight Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 11. UK LED Flashlight Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 12. UK LED Flashlight Market, By Product– Revenue and Forecast to 2027 (US$ Million)
Table 13. UK LED Flashlight Market, By Application– Revenue and Forecast to 2027 (US$ Million)
Table 14. Russia LED Flashlight Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 15. Russia LED Flashlight Market, By Product– Revenue and Forecast to 2027 (US$ Million)
Table 16. Russia LED Flashlight Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 17. Rest of Europe LED Flashlight Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 18. Rest of Europe LED Flashlight Market, By Product– Revenue and Forecast to 2027 (US$ Million)
Table 19. Rest of Europe LED Flashlight Market, By Application – Revenue and Forecast to 2027 (US$ Million)
LIST OF FIGURES
Figure 1. Europe LED Flashlight Market Segmentation
Figure 2. Europe LED Flashlight Market Segmentation – By Country
Figure 3. Europe LED Flashlight Market Overview
Figure 4. Rechargeable LED Flashlight held the Largest Share of Europe LED Flashlight Market
Figure 5. Commercial Segment held the Largest Share of Europe LED Flashlight Market
Figure 6. Everyday Carry Flashlights segment held the Largest Share of Europe LED Flashlight Market
Figure 7. UK to Show Great Traction During Forecast Period
Figure 8. Europe – PEST Analysis
Figure 9. Europe LED Flashlight Market- Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. Europe LED Flashlight Market Impact Analysis of Drivers and Restraints
Figure 12. Europe LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Europe LED Flashlight Market Breakdown, By Type, 2019 & 2027 (%)
Figure 14. Europe Rechargeable LED Flashlight Market Revenue and Forecast to 2027 (US$ Million)
Figure 15. Europe Non-Rechargeable LED Flashlight Market Revenue and Forecast to 2027 (US$ Million)
Figure 16. Europe LED Flashlight Market Breakdown, By Product, 2019 & 2027 (%)
Figure 17. Europe Safety Flashlights Market Revenue and Forecast to 2027 (US$ Million)
Figure 18. Europe Everyday Carry Flashlights Market Revenue and Forecast to 2027 (US$ Million)
Figure 19. Europe Tactical Flashlights Market Revenue and Forecast to 2027 (US$ Million)
Figure 20. Europe LED Flashlight Market Breakdown, By Application, 2019 and 2027 (%)
Figure 21. Europe Residential Market Revenue and Forecast to 2027 (US$ Million)
Figure 22. Europe Commercial Market Revenue and Forecast to 2027 (US$ Million)
Figure 23. Europe Military and Law Enforcement Market Revenue and Forecast to 2027 (US$ Million)
Figure 24. Europe: LED Flashlight Market Revenue Share, By Country (2019 and 2027)
Figure 25. Germany: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. France: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. Italy: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. UK: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Russia: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. Rest of Europe: LED Flashlight Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic in Europe Country Markets
Some of the leading companies are:
- Bayco Products Inc.
- Browning
- 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 Europe 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 Europe 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 Europe 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