The India Flashlight
market is expected to grow at a rate of steady CAGR during the forecast period,
FY2023-FY2027. Rapid urbanization and the growing electrification in the
country have pushed the shift from Flashlights to mobile phones. However,
still, major rural India is dependent on the light from the Flashlight. The Flashlight
is in high demand for different purposes, including homeland security, home
inspection, outdoor activities, and construction and introduction of advanced Flashlights
are the major driving factor for the India Flashlight market.
Flourishing Construction
Activities Supports Market Growth
India is developing at a
rapid rate, and the leading authorities are making efforts to improve the
country's economic status. The government has announced several infrastructural
development projects to construct railway networks, airports, residential and
non-residential spaces, and road construction. Initiatives like Smart Cities
Mission, Housing for All, continuously adding projects to expand the 'National
Infrastructure Pipeline' and have allocated considerable funds to develop
world-class infrastructure in the country. Huge foreign direct investments are
encouraged by the leading authorities to push the infrastructure development
progress. Rural areas comprise a significant space in India, and these areas
are witnessing construction activities supported by the government plans.
Flashlights are in massive demand during construction activities as it adds to
the convenience during the nighttime construction activities. They help in
increasing visibility to spur the workers to continue the infrastructure development
work. These are also in high demand in areas with low electrification, or the
light comes for a shorter duration. Infrastructure development projects require
Flashlights to provide light to focus on ongoing construction activities.
Technological Advancements
Boosts the Market Demand
The intense competition among
the market players is making them launch innovative products with advanced
features. Market players are making high-end investments in research and
development activities to find attractive features and launch Flashlights with
increased power output, better battery consumption, and affordable rates.
Organized market players are introducing Flashlights with more extended
durability, brighter light, multiple features, and highly luminous. The high
sales of quality products that last longer and the growing consumer awareness
about the product specifications based on their requirements fuel the India
Flashlight market demand. The introduction of rechargeable and LED Flashlights
has spurred the need for Flashlight in the country.
Emergence of E-Commerce
Channels Influences Market Growth
Market players have shifted
from the conventional to the online sales channel to expand the consumer base
and boost Flashlight sales across the country. Advanced technologies such as
big data analytics, artificial intelligence, and machine learning to make
interactive websites and mobile applications and create a personalized shopping
experience for the consumers contributes to high sales from the online sales
channel. Flashlight market players also offer facilities like doorstep
delivery, exchange options, cashless transaction to attract more customers to
buy their Flashlights. They are offering Flashlights by giving lucrative discounts
and warranty options to the consumers, which is expected to propel the sales of
the India Flashlight market in the next five years, 222-2026.
Market Segmentation
The India Flashlight market
is segmented on the basis of type, end user, application, regional
distribution, and competition landscape. Based on the type, the market is
divided into incandescent, light emitting diode and high intensity discharge.
Based on the end user, the market is divided into residential, non-residential.
Based on the application, the market is divided into homeland security, home
inspection, outdoor activities, construction, doctor visits and others. The
market is also studied on the basis of regional distribution and the regions
are majorly divided into north, east, south, and west.
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Market Players
CG Power and Industrial
Solutions Limited, Eveready Industries India Limited, Panasonic Energy India
Co. Ltd., Indo National Limited, Bajaj Electricals Ltd, Wipro Consumer Care
& Lighting Limited, Duracell India Operations Pvt. Ltd., Energizer India
Private Limited, Philips India Ltd, Havells India Limited, are among the major
market players in the India region that led the market growth of the India Flashlight
market.
Attribute | Details |
Base Year | FY2021 |
Historic Data | FY2017 – FY2020 |
Estimated Year | FY2022 |
Forecast Period | FY2023 – FY2027 |
Quantitative Units | Revenue in USD Million, and CAGR for FY2017-FY2021 and FY2022-FY2027 |
Report coverage | Revenue forecast, company share, competitive landscape, growth
factors, and trends |
Segments covered | ·
Type ·
End User ·
Application |
Region scope | North, East, South, West |
Key companies profiled | CG Power and Industrial Solutions Limited, Eveready Industries
India Limited, Panasonic Energy India Co. Ltd., Indo National Limited, Bajaj
Electricals Ltd, Wipro Consumer Care & Lighting Limited, Duracell India
Operations Pvt. Ltd., Energizer India Private Limited, Philips India Ltd, Havells
India Limited |
Customization scope | 10% free report customization with purchase. Addition or
alteration to regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research
needs. Explore purchase options |
Delivery Format | PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request) |
Report Scope:
In this report, India Flashlight
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- India Flashlight Market, By Type:
- Incandescent
- Light Emitting Diode
- High Intensity Discharge
- India Flashlight Market, By End User:
- Residential
- Non-Residential
- India Flashlight Market, By Application:
- Homeland Security
- Home Inspection
- Outdoor Activities
- Construction
- Doctor Visits
- Others
- India Flashlight Market, By Region:
o North
o East
o South
o West
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in India Flashlight market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
India Flashlight Market is
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report or want to confirm the date of release, please contact us at [email protected]