About LED Steel Flashlight
Due to increasing energy consumptions across the globe, number of consumers are favouring electric appliances with better efficiency. Thus, the LED steel flashlight market will show significant growth over the forecasted period. LED Steel Flashlight is refers to a portable hand-held electric light with light emitting diode (LED). It is available in different power including 1W, 3W, 5W, 10W and others. Flashlights are used as a light source when in a place with no power or during power outages. It is comparatively durable than conventional power sources.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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. Analyst at AMA Research estimates that United States and Chinese Players will contribute the maximum growth to Global LED Steel Flashlight market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
SureFire, LLC. (United States), LED Lenser Corp. Ltd. (China), Pelican Products, Inc. (United States), Mag Instrument Inc. (United States), EAGTAC LLC (United States), Nite Ize, Inc. (United States), Dorcy International, Inc. (United States), Prometheus Group Enterprises, LLC (United States), Streamlight, Inc. (United States) and Lumapower (Hong Kong) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Princeton Technology Corp (United States), Shenzhen Shenhuo Optoelectronic Equipment Co. Ltd. (China), Fenix Lighting LLC (United States), SYSMAX Innovations Co. Ltd. (Nitecore) (China), Olight Technology Co. Ltd. (China), Wolf Eyes Tactical LED Torches (Australia), Guang Dong Taigeer Power Source Science & Tecnology Co. Ltd. (China), Jingdong JD.com (China) and Shenzhen Kang Mingsheng Science and Technology Industrial Co..
Segmentation Overview
AMA Research has segmented the market of Global LED Steel Flashlight market by Type (Rechargeable LED Flashlight and Non-rechargeable LED Flashlight), Application (Commercial/Industrial, Military/Public Sector, Consumer and Others) and Region.
On the basis of geography, the market of LED Steel Flashlight 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).
Influencing Trend:
Availability of Customised LED Steel Flashlight Installments and Growing Awareness about Excessive Power Consumption Leading to Increased adoption of LED Steel Flashlight
Market Growth Drivers:
Offers High Quality Illumination, Long Life and Endurance and Increasing Popularity with respect to High Power LEDs
Challenges:
Growing Concern of Blue Light Hazard and LED Performance Majorly Depends on the Ambient Temperature of the Operating Environment
Restraints:
Comparatively Expensive LED lighting systems than Conventional Lighting System and LED Steel Flashlights are Highly Temperature Sensitive
Opportunities:
Upsurging Demand from European and Asian Market and Robust Technological and Product Developments Attracting Number of Consumers
Market Leaders and their expansionary development strategies
On January 08th, 2019, Nite Ize which is also known for their INOVA line of professional grade tactical flashlights. With the new INOVA T8R PowerSwitch Dual Colour Rechargeable LED Flashlight, Nite Ize offers high-quality illumination solutions that address the needs of serious flashlight users. The T8R is designed with a patented knurled colour-select dial that allows users to easily switch between a powerful 762 lumen white beam and a night-vision preserving 165 lumen red beam, making this a perfect solution for outdoorsmen, first responders, and anyone who needs a dependable lighting source.
On January 08th, 2019, Pelican Products, Inc. which is popular for its premium high performance gun and rifle cases, has introduced the Pelican AIR 1745 Elite Bow Case. Designed for rugged and secure protection, the Pelican AIR 1745 offers smart organization for bows, arrows, and gear in the lightest-weight package available.
Key Target Audience
LED Steel Flashlight Manufacturers, LED Steel Flashlight Distributors/Traders/Wholesalers, LED Steel Flashlight Subcomponent Manufacturers, Electrical Industry Association, Upstream & Downstream Vendors and Government Agencies
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.