Feb 18, 2021   SOURCE: BusinessWire

South America LED Flashlight Market Report 2020-2027 - Upsurge in the Use of LED Flashlights in Hazardous Industrial Environments - ResearchAndMarkets.com

The "South America LED Flashlight Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type, Product, and Application" report has been added to ResearchAndMarkets.com's offering.

The SAM LED flashlight market is expected to grow from US$ 35.6 million in 2019 to US$ 43.0 million by 2027; it is estimated to grow at a CAGR of 2.5% from 2020 to 2027.

Increasing preference for energy-efficient and nonconventional lighting solutions drives the growth of the SAM LED flashlight market. Incandescent bulbs comprising glowing tungsten filaments are conventional flashlights, whereas light emitting diode (LED) flashlights consist of solid-state semiconductor sources that emit light.

The efficiency and performance of LED flashlights are far superior to conventional counterparts. LEDs offer a few benefits such as high brightness, less power consumption, and long life span. The cost of these flashlights has been reduced due to technological evolution over the years and supportive government initiatives across SAM.

Due to their multiple-usage and environment-friendly features, LEDs are becoming efficient substitutes for incandescent and halogen-based lighting solutions. Government regulations in SAM promote the importance of energy efficiency and create awareness among end users.

The rising demand for better and efficient lighting systems, and increasing awareness to save energy bolster the growth of the SAM LED flashlight market. The growing demand for tactical LED flashlights due to their small size and rugged material is also expected to drive the growth of the SAM LED flashlight market during the forecast period.

Key Topics Covered:

1. Introduction

1.1 Study Scope

1.2 Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SAM LED Flashlight Market Landscape

4.1 Market Overview

4.2 SAM PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM LED Flashlight Market - Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Growing Demand of Tactical LED Flashlights due to Small Size and Rugged Material

5.1.2 Mounting penetration of LED Lighting with Government Support

5.2 Key Market Restraints

5.2.1 Existence of Alternative Products and Dearth of Standardization

5.3 Key Market Opportunities

5.3.1 Escalating Preference for Energy-Efficient, Non-Conventional Lighting Solutions

5.4 Future Trends

5.4.1 Upsurge in the Use of LED Flashlights in Hazardous Industrial Environments

5.5 Impact Analysis of Drivers and Restraints

6. LED Flashlight Market - SAM Analysis

6.1 SAM LED Flashlight Market Overview

6.2 SAM LED Flashlight Market - Revenue and Forecast to 2027 (US$ Million)

6.3 Market Positioning - Five Key Players

7. SAM LED Flashlight Market Analysis- By Type

7.1 Overview

7.2 SAM LED Flashlight Market Breakdown, By Type, 2019 & 2027 (%)

7.3 Rechargeable LED Flashlight

7.4 Non-Rechargeable LED Flashlight

8. SAM LED Flashlight Market Analysis - By Product

8.1 Overview

8.2 SAM LED Flashlight Market Breakdown, By Product, 2019 & 2027 (%)

8.3 Safety Flashlights

8.4 Everyday Carry Flashlights

8.5 Tactical Flashlights

9. SAM LED Flashlight Market Analysis - By Application

9.1 Overview

9.2 SAM LED Flashlight Market Breakdown, By Application, 2019 & 2027 (%)

9.3 Personal

9.4 Commercial

9.5 Military and Law Enforcement

10. SAM LED Flashlight Market - Country Analysis

11. SAM LED Flashlight Market - COVID-19 Impact Analysis

11.1 SAM: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Product Development

12.4 Merger and Acquisition

13. Company Profiles

  • Bayco Products Inc.
  • Coast Products
  • ENERGIZER HOLDINGS, INC.
  • Pelican Products, Inc.
  • Streamlight Inc.

For more information about this report visit https://www.researchandmarkets.com/r/5wo2mq