Global Portable Lighting market will reach 3220 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/9/9

A portable light is the light that can be moved around, which include headlamps, flashlights, area lights and other type of portable lights. In this report, we only study battery-powered portable light.
This industry is highly fragmented. Most companies are small except for a few large companies. These small businesses have different levels of technical management and production management.

Especially in China, many small companies blindly imitate the products of large enterprises. In the competition, these companies often occupy the market by low prices. Portable Lights industry concentration is relatively low. Of the major players of Portable Lights, Maglite maintained its first place in the ranking in 2017.

In the applications, the Outdoor used Portable Lights is projected to lead in relative market share of the global consumption volume with 48.51% in 2017. The Industrial application will increase at the CAGR of 4.81% in the use of Portable Lights. The Residential Portable Lights will increase at the CAGR of 4.28% in the use of Portable Lights

The global Portable Lighting market is valued at 2210 million US$ in 2018 is expected to reach 3220 million US$ by the end of 2025, growing at a CAGR of 4.8% during 2019-2025.

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