USD 66.1 Billion
Battery-Operated Lights Market Size, Share, Growth Analysis, By Distribution Channel(Online and Offline), By Application(Residential and Commercial), By Type(Fluorescent Light, Incandescent Light, Other), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45A2304 |
Region:
Global |
Published Date: April, 2024
Pages:
196
|Tables:
86
|Figures:
75
Battery-Operated Lights Market Insights
Global Battery-Operated Lights Market size was valued at USD 66.1 Billion in 2022 and is poised to grow from USD 70.33 Billion in 2023 to USD 115.53 Billion by 2031, growing at a CAGR of 6.4% in the forecast period (2024-2031).
The battery for lighting market is characterized by dynamic growth and competitive dynamics with technological innovations, regulatory framework and evolving consumer preferences and dominated by market players. Manufacturers invest in R&D activities constantly to improve product performance, improve battery performance and introduce new features Collaboration and collaboration between technologies and suppliers to facilitate smart functionalities integration and market expansion. Moreover, the strategy of expansion into emerging markets including investments in marketing and distribution channels contributes to the growth and penetration of the market
Consumer behavior and lifestyle changes also affect market dynamics, with greater emphasis on convenience, durability and personalized experience driving demand for battery-powered lighting solutions E-commerce platforms and the emergence of omnichannel retailing expand market access by producers again.
Market Snapshot - (2024-2031)
Global Market Size
Largest Segment
Residential
Fastest Growth
Commercial
Growth Rate
6.4% CAGR
Global Battery Operated Lights Market ($ Bn)
Country Share for Asia Pacific Region (%)
To get more reports on the above market click here to Buy The Report
Battery-Operated Lights Market Segmental Analysis
Based on distribution channel, the battery-operated lights market is segmented into online and offline. Based on application, the battery-operated lights market is segmented into residential and commercial. Based on type, the battery-operated lights market is segmented into fluorescent light, incandescent light, others. By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World.
Analysis by Application
The residential segment accounts for an important share in the global market, driven by various factors such as increasing urbanization, lifestyle changes and increasing consumer preference for flexible lighting solutions available, where they serve as versatile lighting purposes. Battery-powered lighting provides homeowners with the flexibility and convenience of lighting without the need for complex wiring. They are easy to install and transport, making them ideal for temporary lighting needs or areas where there is no electricity. Battery-operated lighting helps increase safety and security in residential areas by providing illumination during power outages or emergency situations. They can be strategically placed on walkways, stairwells, or streets to illuminate the roadway and deter potential trespassers.
The commercial segment of the battery operated lights market encompasses a wide range of applications in industries such as retail, hospitality, healthcare, entertainment, etc., display lighting and outdoor signage. Battery-operated lighting provides a versatile lighting solution for commercial establishments, easy to use in areas where access to power lines is limited or impractical. Typically used for short-term purposes installations, trade shows, outdoor events and construction sites.
Analysis by Type
Incandescent lamps are the dominating segment in the market. Although incandescent lamps are more energy efficient than fluorescent alternatives, they remain popular because of their well-known warmth. In the global market, the incandescent segment targets customers who prioritize affordability, simplicity and luxury. Incandescent lighting provides a warm and inviting glow that is suitable for a cozy atmosphere and enhances decor in residential and commercial settings. Battery-operated lighting is often used for decorative purposes, such as string lights, lanterns and decorative lamps for indoor and outdoor spaces.
Incandescent lamps are generally more expensive than fluorescent or LED options, making them more accessible to those on a budget. Battery-powered incandescent lighting provides a cost-effective lighting solution for short-term or occasional occasions, such as festive occasions, parties and special events, where affordability is the key factor.
Fluorescent lamps are the fastest growing segment in the market which have been widely used for decades due to their energy efficiency and longevity compared to traditional incandescent bulbs, fluorescent lighting segments in the global market which consume customers priority is given to energy conservation, sustainability and environmental sustainability. Fluorescent lights are known to be more energy efficient compared to incandescent bulbs, requiring far less energy to produce the same amount of light. Fluorescent options in battery-lights extend battery life, making the ideal for applications where energy savings are required, such as camping, emergency.
Global Battery Operated Lights Market By Application (%)
To get detailed analysis on other segments, Request For Free Sample Report
Battery-Operated Lights Market Regional Insights
The Asia-Pacific region has emerged as the leading market for battery-operated lights globally. This dominance is driven by rapid urbanization, infrastructure development, and increasing consumption across key countries such as China, Japan, South Korea, and India. These countries are witnessing strong demand for energy-efficient lighting solutions across residential, commercial, and industrial sectors. With a growing emphasis on energy efficiency and environmental sustainability, coupled with advancements in product manufacturing, the Asia-Pacific region is becoming a significant market for battery-powered lighting. This market not only caters to domestic demand but also serves international markets effectively.
North America is the fastest growing segment in the market. North America is driven by a combination of factors, including increasing adoption of smart home technology, stricter emissions regulations about efficiency, and a shift in consumer preferences towards more flexible and versatile lighting solutions. Moreover, industries that promote energy conservation and sustainability are powered by batteries in residential, commercial and outdoor applications in the United States and Canada confirm the lights required again.
Global Battery Operated Lights Market By Geography
- Largest
- Fastest
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Battery-Operated Lights Market Dynamics
Drivers
Rising Demand for Portable Lighting Solutions
- Increase in portable, commercial, commercial and technical industrial technology industries in various geographies, stimulate waiting light sales. Especially in the environment, in an emergency, it also appears in a few areas exposed to electricity. Battery-powered lighting meets these needs by providing convenient lighting without the interference of traditional wireless lighting.
Advances in LED Technology
- Technological advances in light-emitting diode (LED) technology have revolutionized the battery-powered lighting market by improving energy efficiency, brightness and longevity an increasing battery-powered lighting on LED traditional light sources Comparatively use less energy, providing better and longer-lasting performance. Additionally, innovations in battery technology have led to the development of rechargeable batteries with longer life spans, reducing the need for frequent replacement and reducing operating costs. Not only have these advances for battery-powered lamps has not only improved the overall function but in a wide range of sectors, systems.
Restraints
Limited Battery Life and Performance
- Despite the notable improvements, battery-powered lamps continue to face challenges related to battery life and performance. Users often face problems such as low brightness over time, irregular timing, and reduced performance at extreme temperatures. Although manufacturers seek to enhance battery performance through R&D programs, addressing these limitations is still important to ensure battery-powered lighting solutions have been widely adopted to meet customer expectations.
Initial Cost and Pricing Concerns
- The initial cost of battery-powered lighting, especially one equipped with advanced features such as smart technology and motion sensors, can be a big deterrent for consumers the expensive way. In addition to those who hesitate to buy battery operated lamps, high-quality batteries or rechargeable batteries can contribute to the overall cost, affecting the market which will continue.
Request Free Customization of this report to help us to meet your business objectives.
Battery-Operated Lights Market Competitive Landscape
The competitive environment of the Global Battery Operated Lights Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Some of the predominant players that are operating in the global battery operated lights include General Electric, BelloLite, Mr. Beams, Hubbell Lighting Inc., Philips, Legrand S.A., Emerson Electric, Schneider Electric SE, Eaton Corporation, and American Lighting Inc., among others.
Top Player’s Company Profiles
- Astera LED Technology GmbH
- Bayco Products Inc.
- BelloLite
- Eaton Corp. Plc
- Emerson Electric Co.
- General Electric Co.
- Hafele SE and Co KG
- Hubbell Inc.
- Koninklijke Philips NV
- Larson Electronics LLC
- Legrand SA
- Neo Neon Holdong Ltd.
- Orient Electric Ltd
- Patlite Corp.
- Prism Lighting Group
- Ring LLC
- Schneider Electric SE
- The Glow Company UK Ltd.
- VIGNAL ABL USA
Recent Developments
- On December 15, 2021, Great Earth Lighting introduced new battery-powered lights. These color-changing LED lights are easy to install and instantly add atmosphere and style to any room. The newly introduced 9-inch white battery-powered RGBW LED bar provides up to 80 lumens of soft light at a distance.
- On August 1, 2021, FLEX GmbH announced the WL 2800 18.0, a wireless handheld flashlight with seven high-yield LED water lamps. The WL 2800 18.0 offers high brightness and rich bright colors. The product allows them to perform well even in adverse conditions. Its light intensity can be changed in two ways. The lamp is 630 meters (about 2066.93 ft) and 2800 lumens at full power.
- Hubbell Control Solutions announced the release of the NX Distributed Intelligence Lighting Control Panel (NXP2 Series) in March 2021, providing an installer-friendly solution by centralizing connection points on a campus reducing time and cost playing on compliant lighting controls.
Battery-Operated Lights Key Market Trends
Integration of Smart Features
- A major trend shaping the global battery operated lights market is the integration of intelligent materials and communication capabilities as the Internet of Things (IoT) permeates everyday life in various things for him. Integration with smart home ecosystems and others is growing to provide enhanced functionality. Consumers are looking for lighting solutions that can be seamlessly integrated with their smartphones, voice assistants and home automation systems for improved self-control, energy management and convenience.
Battery-Operated Lights Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The battery-operated lights market is experiencing substantial growth due to rising demand for portable lighting, advancements in LED technology, and the integration of smart materials. Despite challenges like limited battery life and initial costs, manufacturers are innovating to meet customer needs through product improvements. Market expansion is influenced by trends in the Asia-Pacific and North America regions, driven by urbanization, technology adoption, and legal support. As the market grows and consumer preferences change, there is continuous growth and innovation across various global applications, serving multiple industries.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 66.1 Billion |
| Market size value in 2031 | USD 115.53 Billion |
| Growth Rate | 6.4% |
| Base year | 2023 |
| Forecast period | (2024-2031) |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Battery-Operated Lights Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Battery-Operated Lights Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Battery-Operated Lights Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Battery-Operated Lights Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Battery-Operated Lights Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Battery-Operated Lights Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
USA (+1) 351-333-4748
