LEDs Dominate and are Set to Take Over $1.8 Billion U.S. Flashlight Market, According to ElectroniCast Consultants LIGHTimes News Staff
October 9, 2012…ElectroniCast Consultants, a market research firm covering LEDs and electronic devices, reports that the United States flashlight (torch) market reached $1.824 billion in 2011. The company says that LED flashlights dominate the product mix. Additionally, the LED flashlights are forecast to gradually displace the other light-source types of flashlights which include: Halogen, Argon/Krypton Incandescent, Xenon Incandescent, Fluorescent and High-Intensity Discharge (HID). In 2011, Rechargeable LED flashlights held the leadership position in relative market share.
The ElectroniCast study also segments the use of flashlights by end-user groups, including: Government use in Military/Law Enforcement/Emergency; other segments in Government; Commercial/Industrial; and Consumer applications. Flashlights are reportedly available in wide range of prices depending upon the application.
Electronicast says that in terms of value, the Commercial/Industrial end-user group is forecast to maintain the lead in relative market share during the forecast period (2011-2016). However, the Consumer/Non-Specific category is forecast to maintain a dominant market share lead in terms of volume (number of flashlight units).
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