About Kerosene Lamp
A kerosene lamp additionally recognized as a paraffin lamp in some countries. It is a kind of lights machine that uses kerosene as a fuel. Kerosene lamps have a wick or mantle as mild source, covered with the aid of a glass chimney or globe; lamps might also be used on a table, or handheld lanterns may additionally be used for transportable lighting. Like oil lamps, they are beneficial for lights except electricity, such as in areas besides rural electrification, in electrified areas all through strength outages, at campsites, and on boats. There are three kinds of kerosene lamp: flat-wick, central-draught (tubular spherical wick), and mantle lamp. Kerosene lanterns intended for transportable use have a flat wick and are made in dead-flame, hot-blast, and cold-blast variants.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Kerosene Lamp market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Feuerhand (Germany), BOOMEX GmbH (Germany), R.E.Dietz (China), W.T.Kirkman Lanterns (United States), Petromax (Germany), W.C.Bradley (Lamplight) (United States), Danforth (New York), Deshilp Overseas (India), A.K.EXPORTS (India) and Superb Light Systems (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are DHR (United States), Cixi Sea Anchor Pressure Lantern (China), Lanxi Kingway International Trade (China) and China Thrive Industrial (China).
Segmentation Overview
AMA Research has segmented the market of Global Kerosene Lamp market by Type (Flat-wick lamp, Central-draught lamp and Mantle lamp), Application (Residential and Commercial) and Region.
On the basis of geography, the market of Kerosene 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 Distribution Channel, the sub-segment i.e. Offline Channels will boost the Kerosene Lamp market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Kerosene, the sub-segment i.e. Red Kerosene will boost the Kerosene Lamp market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Kerosene Lamps are still extensively used in areas without Electrical Lighting and The Cost and dangers of Combustion lighting are a continuing Concern in many Countries
Market Growth Drivers:
Increasing Demand from Rural Areas and Kerosene is widely used in Japan and Chile as a Home Heating Fuel for Portable
Challenges:
Lack of Unavailability of Kerosene
Restraints:
Kerosene is Hard to Recycle and Kerosene Incurs Maintenance Costs
Opportunities:
Launches of New Products and Sustainable Development
In 2021, ExxonMobil created a new business to commercialize its extensive low-carbon technology portfolio. The new business, ExxonMobil Low Carbon Solutions, will initially focus on carbon capture and storage, one of the critical technologies required to achieve net zero emissions and the climate goals outlined in the Paris Agreement.
Key Target Audience
Manufacturers of Kerosene Lamp, Distributors of Kerosene Lamp, Raw Material Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations 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.