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India Flashlight Market By Type (Incandescent, Light Emitting Diode, High Intensity Discharge), By End User (Residential, Non-Residential), By Application (Homeland Security, Home Inspection, Outdoor Activities, Construction, Doctor Visits, Others), By Region, Competition Forecast & Opportunities, 2027


Published on: 2024-12-02 | No of Pages : 320 | Industry : Power

Publisher : MIR | Format : PDF&Excel

India Flashlight Market By Type (Incandescent, Light Emitting Diode, High Intensity Discharge), By End User (Residential, Non-Residential), By Application (Homeland Security, Home Inspection, Outdoor Activities, Construction, Doctor Visits, Others), By Region, Competition Forecast & Opportunities, 2027

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.

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PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )