About Led Hand Lamp
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.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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 that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Led Hand Lamp market by Type (LED Glass Hand Lamp, LED Polycarbonate Hand Lamp, LED Acrylic Hand Lamp, LED Flameproof Hand Lamp and Others), Application (Industrial and Residential) 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). If we see Market by Application Type, the sub-segment i.e. Indoor will boost the Led Hand Lamp market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Led Hand Lamp market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Battery Type, the sub-segment i.e. Lithium-ion Battery will boost the Led Hand Lamp market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement in LED Technology Offering Energy-Saving, Bright LED Technology with Long Service Life to The LED Hand Lamp With An Elegant Look
Market Growth Drivers:
Emerging Need of Switching To LEDS from Traditional Lighting and Growing Demand for High Brightness and Intensity Lamp with Long Lifespan among The Industries
Challenges:
High Cost of Raw Materials Hindering The LED Hand Lamp Market Growth
Restraints:
Presence of Several Low quality LED Hand Lamp in the Market in Lower Prices
Opportunities:
Growing Demand for LED Hand Lamp among The Users Creating and Enormous Opportunities for Key Manufacture, Distributes and Service Providers
Market Leaders and their expansionary 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.
In November 2023, Halonix Technologies, one of India's fastest-growing electrical companies, launched its latest product, 'Wall De-light', setting new benchmarks in aesthetic design. It is six times slimmer than a traditional LED bulb, and moreover, it does not require any additional fixture.
Key Target Audience
LED 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
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.