Global Cordless Lamp Market Overview:
Cordless lamps are a stylish and cost-effective way to light up a room. These battery-operated lamps provide practical lighting wherever it is needed. Cordless lamps great for dim areas, portable lighting, and places where there aren't any outlets. Cordless style is aesthetically beautiful and can assist decrease cord clutter, in addition to being useful. Cordless lamps eliminate the unsightly power lines that might be a tripping hazard. Cordless lamps are perfect for places with limited outlets since it provide lighting without the need for additional wiring or long extension cords.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Technological Advancement In Cordless Lamps Lighting System
Market Growth Drivers:
Increase In Disposable Income Fuels The Growth Of The Cordless Lamps Market
Challenges:
High Cost Associated With The Cordless Lamps
Restraints:
Lack Of Awareness In The Rural Population and High Repair Cost Of Batteries Hinder The Market Growth
Opportunities:
Increasing Smart Office And Smart Retail Fuels The Growth Of Product and Growing The Sales Of Cordless Lamp Online Platform
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Panasonic (Japan), Lladró (France), Metabo (United States), Foter (United States), BelloLite. (China), Insight Cordless Lighting Ltd (United Kingdom) and Tunto Lighting (Finland). Additionally, following companies can also be profiled that are part of our coverage like Zara Home (Belgium), Newport Lamp & Shade Company (United States) and Philips (Netherlands). Analyst at AMA Research see United States Vendors to retain maximum share of Global Cordless Lamp market by 2028. Considering Market by Functionality, the sub-segment i.e. Touch Controls will boost the Cordless Lamp market. Considering Market by Technology, the sub-segment i.e. Led will boost the Cordless Lamp market. Considering Market by Battery, the sub-segment i.e. Single-Use Batteries will boost the Cordless Lamp market.
Latest Market Insights:
In August 2022 Koki Holdings America Ltd. announced last week the merger of its Metabo HPT and Metabo Power Tools brands in North America. Starting in December 2022, both brands will operate their headquarters, factory service center and distribution functions from a single state-of-the-art facility in Braselton, Georgia, just northeast of Atlanta.
In Nov 2022 Metabo HPT today announced the launch of a New Cordless Saw to its lineup with the 18V MultiVolt Reciprocating Saw (model CR18DBQ4). Besides pro level cutting performance, this lightweight reciprocating saw features an orbital cut mode, a counterbalance gear housing to significantly reduce vibration, an LED light, variable speed trigger and tool-less blade change for quick transitions.
What Can be Explored with the Cordless Lamp Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cordless Lamp Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cordless Lamp
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cordless Lamp market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cordless Lamp market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Cordless Lamp Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.