North America LED Flashlight and Headlamp Market Talk about Historical Development, Estimated Forecast and Growth Prediction by 2022 - Digital Journal

2022-07-02 04:18:26 By : Mr. David Yuan

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North America LED flashlight and headlamp market is expected to grow from US$ 641.43 million in 2020 to US$ 901.32 million by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028. Incandescent bulbs, which comprise glowing tungsten filaments, are conventional flashlights  and headlamps, whereas LED flashlights  and headlamps consist of solid-state semiconductor devices that emit light. The efficiency and performance of LED flashlights  and headlamps are far superior to the conventional counterparts. LEDs are characterized by high brightness, less power consumption, and long-life span. Although the cost of these flashlights  and headlamps was high during the initial years, the technology evolution over the years and supportive government initiatives have notably lowered their prices. Due to their multiple-usage and environment-friendly features, the LEDs are fast becoming the substitutes for inefficient incandescent and halogen-based lighting solutions.

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key companies profiled in this research study are: Bayco Products Inc., Browning International S.A, Dorcy International, Coast Products Inc., Mag Instrument Inc., Energizer Holdings Inc., Pelican Products, Inc., Surefire LLC, Police Security, PETZL, Larson Electronics LLC, Streamlight Inc,Nite Ize Inc.

The report segments the North America LED Flashlight and Headlamp Market as follows:

North America LED Flashlight and Headlamp Market – by Type

North America LED Flashlight and Headlamp Market – by Form

North America LED Flashlight and Headlamp Market – by Product Use

North America LED Flashlight and Headlamp Market – by Application

North America LED Flashlight and Headlamp Market – by Country

Energy-efficiency and compact size are the key contributors to the LED flashlight and headlamp market growth. Further, increasing investments in R&D have led to advancements in LED flashlights and headlamps in terms of form factors and features. 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 LED flashlight and headlamp 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. However, fluctuating prices of raw materials is a major factor restraining the North America LED flashlight and headlamp market growth.

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Major Features of North America LED Flashlight and Headlamp Market Report:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America LED Flashlight and Headlamp 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 North America LED Flashlight and Headlamp 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 North America market trends and outlook coupled with the factors driving the 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

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace &Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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