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Battery Operated Lights Market

Battery Operated Lights Market Analysis By Technology (Fluorescent, Incandescent And LED), Pricing (High Range, Mid-Range And Economical), End Use (Residential and Commercial), Sales Channel, & Region Forecast Till 2032

Market Insights on Battery Operated Lights covering sales outlook, demand forecast & up-to-date key trends

Battery Operated Lights Market

The battery operated lights market is projected to register a CAGR of 10.3% during the forecast period, up from US$ 101.5 Bn in 2021 to reach a valuation of US$ 300 Bn by 2032.

The battery operated lights market is anticipated to show promising growth prospects during the forecast period as a result of growing competition. New competitors are offering a variety of options at reasonable pricing to fulfil the demand for battery operated lights making them more accessible to customers in the global battery operated lights market.

The business models, major strategies, and respective market shares of some of the most notable companies in this sector are all examined in depth in demand for battery operated lights market report.

The comprehensive analysis includes market statistics in terms of revenues, segment-by-segment data, region-by-region data, and country-by-country data, as well as an in-depth commentary on the main affecting variables. This report is one of the most thorough studies available, capturing all aspects of the ever-changing battery operated lights market.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 101.5 Billion

Expected Market Value (2022)

US$ 112 Billion

Anticipated Forecast Value (2032)

US$ 300 Billion

Projected Growth Rate (2022-2032)

10.3 % CAGR

Sales of battery operated lights are expected to rise significantly. In addition to this, sales of battery operated lights are rising, accounting for US$ 165.6 Bn by 2026. Increasing sales of battery operated lights are also projected to contribute to the growth of the battery-operated lights market share.

Demand for battery operated lights is due to being a cost-effective alternative to lighting that requires direct wiring. Battery operated lights are frequently thought of as energy-efficient lights that are easy to install and set up. These lights may be used to brighten the interior of the home, as well as the staircase and exterior areas. 

Significant use can also be found in business establishments like stores. The key reason for their appeal is that these lights are portable and easy to install in any location. Permanent and temporary illumination can both be provided by battery-operated lamps. Some demand for battery operated lights is due to permanently installed or hung on a wall or ceiling are permanent, while others are utilised as seasonal or festive lights that are just temporary. 

Because of their energy economy, mobility, and ease of installation, demand for battery operated lights is becoming increasingly popular. The evolution of technology in the lighting industry also aids in the growth of demand for battery operated lights

These lights may be utilised in a variety of settings, including the house, business, automobile, and camper. In most situations, LED lights are utilised for many applications, resulting in boosting the sales of battery operated lights

Wireless battery operated lights are now popular and attracting customer interest in the lighting market. The wireless battery-driven light industry has benefited from the growing demand for wireless technologies.

Manufacturers in the battery-operated lights market get a big platform from which to serve the whole demand for battery operated lights. The worldwide sales of battery operated lights are seeing increased competition. With growing competition, new competitors are offering a variety of options at reasonable pricing, fulfilling the demand for battery-operated lights more accessible to customers. 

Philips, General Electric, QTOP USA, MR Beams, BelloLite, American Lighting, Inc., Lighting EVER (Home EVER Inc.), S4Lights, and Others are some of the prominent participants in the worldwide battery operated lights market.

What are the Key Dynamics to the Battery Operated Lights Market Share

The demand for battery operated lights is being driven by the growing popularity of portable lights, energy efficiency, and advancements in the lighting sector. Intelligent lighting and LED technology are two contemporary lighting industry innovations that have a direct influence on the demand for battery operated lights.

Due to its energy efficiency and competitive price in the lighting sector, the demand for battery operated lights market is gaining popularity. Manufacturers of battery operated lights are currently releasing new models with new features, including active heat protection, flicker-free smooth dimming, and enhanced optical systems, among others. 

Manufacturers have recently become increasingly focused on new developments. Colour stay shampoo, for example, is sulphate-free and devoid of skin irritation, according to the producers. Manufacturers of battery operated lights fall into two categories as their popularity grows.

Because of the large presence of Chinese players, the seasonal or temporary sales of battery operated lights manufacturers are mostly headquartered in the Asia Pacific, whereas permanent battery operated lights manufacturers are primarily based in the United States.

As part of their sales strategy, sales of battery operated lights producers are working on developing an effective sales and distribution channel, with an emphasis on the online sales channel. Because of advancements in the lighting sector, such as energy-efficient lighting, smart lighting, human-centred lighting, and LiFi technology, the lighting business has been growing in recent years.

Manufacturers have been compelled to produce LED lighting and other lighting technical lights as customer awareness of the environment and light's endurance has grown.

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Which is the Key Battery Operated Lights Market

During the projected period, the sales of battery operated lights market are predicted to rise steadily across all regions. The demand for battery operated lights in both home and commercial settings is expected to drive sales of battery operated lights

Furthermore, the sales of battery operated lights are aided by their availability on e-commerce sites. Because of improved technical infrastructure, rising awareness about energy efficiency, and government initiatives and incentive schemes, the sales of battery operated lights market in developed nations is dominated by North America and Europe. 

The government's incentive and rebate programme for replacing traditional lamps with LED goods has boosted the sales of battery operated lights even further. The federal government of the United States gives this amount of incentives and government rebates, whereas Europe has taken the lead in the European Union's energy strategy with the Europe 2020 plan. 

In comparison to other countries, emerging countries such as China and India have a greater population. Initiatives like China's Elcoma Vision 2020 and India's UJALA programme are examples of this. These activities or tactics to promote LED lighting are expected to raise the sales of battery operated lights even further.

How Strong is the Competition in the Battery Operated Lights Market

The report consists of key players, contributing to the battery operated lights market share. It also consists of organic and inorganic growth strategies adopted by market players to improve their market positions. This exclusive report analyzes the competitive landscape and battery operated lights market share acquired by players to strengthen their market position.

Philips, General Electric, QTOP USA, MR Beams, BelloLite, American Lighting, Inc., Lighting EVER (Home EVER Inc.), S4Lights, and Others are some of the prominent participants in the worldwide battery operated lights market.

Sneha Verghese
Principal Consultant
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Recent developments of the Battery Operated Lights Market

  • Hubbell Control Solutions announced the release of the NX Distributed Intelligence Lighting Control Panel (NXP2 Series) in March 2021, which centralises connection points in an enclosure and provides an installer-friendly solution that reduces time and costs to deploy code compliant lighting control.
  • Hubbell Lighting established a cooperation with LightAZ, a luminaire manufacturing firm based in Illinois, in March 2021.
  • Leviton unveiled a new range of Decora Motion Sensors in March 2021, with better detection capabilities for precise switching, to give users with optimal lighting and motor load control.
  • Osram Licht introduced the second generation of their PrevaLED COIN COB line in January 2021. The new PrevaLED COIN 50 and 111 COB G2 products are a perfect match for the existing product line.
  • Signify announced the extension of their smart lighting system in the United States in August 2020, which works with the WiZ linked ecosystem. WiZ now offers smart bulbs in a larger range of forms and sizes, as well as an integrated downlight, light strips, and accessories that provide the user total lighting control.
  • Cooper Lighting, a major manufacturer of professional lighting, lighting controls, and connected lighting, was acquired by Signify in October 2019.

Scope of Report

Report Attribute

Details

Growth rate

CAGR of 10.3% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 - 2020

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis

Segments covered

Technology, pricing, end user, sales channel, region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

Philips, General Electric, QTOP USA, MR Beams, BelloLite, American Lighting, Inc., Lighting EVER (Home EVER Inc.), S4Lights, and Others

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail of customized purchase options to meet your exact research needs.

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Key Segments For Battery Operated Lights Market

On The Basis Of Technology, The Global Battery Operated Lights Market Has Been Segmented As 

  • Fluorescent
  • Incandescent
  • LED

On The Basis Of Pricing, The Global Battery Operated Lights Market Has Been Segmented As 

  • High Range
  • Mid-Range
  • Economical

Based On End Use, The Global Battery Operated Lights Market Is Segmented Into

  • Residential
  • Commercial

On The Basis Of The Sales Channel, The Global Battery Operated Lights Market Has Been Segmented As 

  • Direct
  • Indirect
  • Hypermarket/Supermarket
  • Specialty Stores
  • Independent Small Stores
  • Multi-Brand Stores
  • Online

On The Basis Of Region, The Global Battery Operated Lights Market Has Been Segmented As 

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Frequently Asked Questions

The battery operated lights market is predicted to register a CAGR of 10.3% during the forecast period.

Key players holding substantial battery operated lights market share include Philips, General Electric, QTOP USA, MR Beams, BelloLite, American Lighting, Inc., and others.

As per the analysis, the battery operated lights market share is likely to be US$ 165.6 Bn by 2026.

Demand for battery operated lights is likely to rise due to improved technical infrastructure, rising awareness about energy efficiency, and government initiatives and incentive schemes.

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Sneha Verghese
Principal Consultant
LinkedIn
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Battery Operated Lights Market