Market Research Report
LED Flashlight U.S.A. Market Forecast & Analysis 2016 - 2026
|Published by||ElectroniCast||Product code||251928|
|Published||Content info||409 Pages
|LED Flashlight U.S.A. Market Forecast & Analysis 2016 - 2026|
|Published: February 6, 2017||Content info: 409 Pages||
This is the ElectroniCast report provides the 2016 market data review and 2017-2026 forecast for LED-based flashlights, which are used in the United States of America. The 2016-2026 market data is segmented by rechargeable- versus standard-types. Several end-user application groups are covered in market forecast; finally, the forecast for the major sales channels are presented in easy-to-follow illustrations and text.
Company profiles and competitive market shares of over 60 LED flashlight manufacturer/brands are presented. ElectroniCast research findings, which are pertinent to Intellectual Property (IP), US Patents and related issues, are also provided. The Flashlight market and technology environment is discussed.
The forecast is based on the following LED flashlight product category types:
Market forecast of each product-type by the following end-user type (application) categories:
The market forecast of each product-type and end-user type (application), are also segmented by the following sales channels:
This report provides the 2016 market data review and 2017-2026 forecast for flashlights by the following functions:
All LED-based flashlights are included in this study, unless mentioned otherwise. Also, bicycle LED lights (bike-lights), which are similar in design to flashlights, are included in quantifying the market data in this study. Also included are LED flashlights, which are used as a work or task light; however, only the flashlight unit (itself) is counted, not any value-added components. A flashlight-based work/task light (not necessarily professional work) is a flashlight with valued-added accessories added permanently or detachable, which are designed to accommodate the specific needs of a related task, as discussed in some examples below:
For flashlights that are equipped to wear on the head; for example in sports, surgery/medical, in the mining industry and other hands-free use, only the flashlight unit and internal recharging units are included in the pricing data; this is also true for flashlight brackets or clamps for guns, bicycles, other (only the flashlight itself is counted in the averages selling price data for the ElectroniCast market forecast data).
Items not included in the overall volume and value forecast:
Since the market opportunity for flashlights continues to evolve, through the “marketing push” by manufacturers to differentiate from each other to achieve increasing revenue, there is a need to explore technology-driven solutions addressing, but not limited to the list shown below. The relationship of cost of materials, along with the end-user price-points, are important considerations for flashlight manufacturers; however, there are many other items of interest to consider in finding ways to differentiate from your competitors.
Market analysis and technology forecasting are complex tasks. Any predictions of the shape and trends of technology and economic movement start from the notion that the germ of what will be important tomorrow is present, although smaller or larger or in a different form, in our environment today. However, taking as a basis for a prediction the assumptions of current, conventional belief creates a set of preconceived notions that can lead to serious mistakes. ElectroniCast, instead, looks to the basic driving forces.
The future market for a particular type of flashlight consumed in general purpose (household), as well as commercial/industrial and harsh environment, military/aerospace, emergency services and law enforcement applications depends on a number of factors, including: User equipment demand, back-up lighting due to power failures, various work-related tasks and recreational purposes, as well in conjunction with explosion and dangerous environments and with the use of night vision goggles (NSG), night vision imaging systems (NVIS) and night vision compatible (NVC) lighting and various other circumstances.
This study is based on analysis of information obtained continually over the past several years, but updated through the end of January 2017. During this period, ElectroniCast analysts performed interviews with authoritative and representative individuals in the flashlight manufactures and brand distributors, as well as LED manufacturing (materials, chips, packaging, devices, associated parts/pieces, fittings/fixtures, NVIS filters), other light sources and military/aerospace, law enforcement and other first responders, communication, automotive, medical services, R&D, and government regulating authorities, as well as power sources (batteries and capacitors). The interviews were conducted principally with:
The interviews covered issues of technology, R&D support, pricing, contract size, reliability, documentation, installation/maintenance crafts, standards, supplier competition and other topics.
A full review of published information was also performed to supplement information obtained through interviews. The following sources were reviewed:
In analyzing and forecasting the complexities of the American market for flashlights, it is essential that the market research team have a good and a deep understanding of the technology and of the industry. ElectroniCast members who participated in this report were qualified.
ElectroniCast forecasts are developed initially at the lowest detail level, and then summed to successively higher levels. The background market research focuses on the amount of each type of product used in each application in the base year (last year: 2016), and the prices paid at the first transaction from the manufacturer. This forms the base year data.
ElectroniCast analysts then forecast the growth rates in component quantity use in each application, along with price trends, based on competitive, economic and technology forecast trends, and apply these to derive long term forecasts at the lowest application levels. The usage growth rate forecasts depend heavily on analysis of overall end user trends toward equipment usage and economic payback.
Addendum: Excel - ElectroniCast USA LED Flashlight Market Forecast Worksheets (2016-2026)
Addendum: PowerPoint - ElectroniCast Global Market Forecast Data Tables (Slide Format / 2016-2026)