North America LED Flashlight and Headlamp Market is expected to reach US$ 901.32 million by 2028

LED Flashlight Segment to Dominate North America LED Flashlight and Headlamp Market during 2019–2027

According to The Insight Partners market research study on “North America LED Flashlight and Headlamp Market Forecast to 2028 – COVID-19 Impact and Analysis”, the market is expected to reach US$ 901.32 million by 2028 from US$ 641.43 million in 2020. It is estimated to grow at a CAGR of 4.5% from 2021 to 2028. The report provides trends prevailing in the market along with the drivers and restraints pertaining to the market growth. Increasing demand for tactical LED flashlights and headlamps due to small size and rugged material drives the growth of the North America LED flashlight and headlamp market. However, the lack of standardization and availability of alternative products  hinder the market growth.

The LED flashlight is the most commonly used flashlight owing to the compact form factor and long product lifecycle. Initially, the LED flashlights were only offered with non-rechargeable batteries, however with the advent of technology, market players are offering LED flashlight powered by rechargeable lithium ion batteries (can also be used as portable power bank to charge phones), with wireless charging capabilities, solar power LED flashlight, and hybrid LED flashlight i.e., powered by lithium ion battery and alkaline batteries. For instance, Hybridlight’s TrueTimber Journey 300 Flashlight/Charger is powered by rechargeable lithium ion battery and a solar panel. The company claims that the LED flashlight can also be used as a portable power bank for recharging phones and as a LED lantern.

Amid COVID-19 outbreak, owing to travel restriction and social distancing, the outdoor sports activities such as hiking, trekking, camping, and other are adversely affected, which hindered the demand for LED flashlights and headlamps. Hence, the ongoing COVID-19 crisis and critical situation in the US is restraining the growth of the North America LED flashlight and headlamp market.

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; and Streamlight Inc. are among the leading companies operating in the North America LED flashlight and headlamp market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the market.

North America LED Flashlight and Headlamp Market, by Country, 2020 and 2028 (%)

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North America LED Flashlight and Headlamp Market to Grow at a CAGR of 4.5% to reach US$ 901.32 million from 2020 to 2028

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North America LED Flashlight and Headlamp Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (LED Flashlight and LED Headlamp), Form (Rechargeable and Non-Rechargeable), Product Use (Safety, Everyday Use, and Tactical), and Application (Personal, Industrial & Commercial, and Military & Law Enforcement)

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

North America LED Flashlight and Headlamp Market – by Type

• LED Flashlight
• LED Headlamp

North America LED Flashlight and Headlamp Market – by Form

• Rechargeable
• Non-Rechargeable

North America LED Flashlight and Headlamp Market – by Product Use

• Safety
• Everyday Use
• Tactical

North America LED Flashlight and Headlamp Market – by Application

• Personal
• Industrial and Commercial
• Military & Law Enforcement

North America LED Flashlight and Headlamp Market- by Country

• US
• Canada
• Mexico