United States Flashlight Market Reached $1.46 Billion in 2014 and will Maintain a Healthy Growth Rate, Finds New Report

MarketResearchReports.com, a leading market research distribution platform, today announced the addition of new market forecast study of the use of flashlights in the United States.  According to the market study, a projected 151.8 million flashlights will be purchased for use in the United States in 2015, an increase of 6.7 percent versus 2014.

Flashlights with a light emitting diode (LED) light source dominate the overall product mix.  Additionally, the LED-based flashlights are forecast to continue displacing other light-source types of flashlights through the year 2021. In addition to LED flashlights, the market study covers the use of Halogen, Argon/Krypton Incandescent, Xenon Incandescent, Fluorescent and High-Intensity Discharge (HID).  In 2014, flashlights with a LED light source held a 90 percent market share in consumption value.

The report also segments the use of flashlights by end-user groups, including: Government use in Military/Law Enforcement (LE)/Emergency Services (EMS); other user groups in Government; Commercial/Industrial; and Consumer applications.  In 2014, the Commercial/Industrial application held a 49 percent market share in consumption value.  The value of flashlights used in the household or Consumer application segment was $483.6 million with a 33 percent in market share, followed by the Military, Law Enforcement, First Responder sector, and finally the “Other” Government user group segment.

Flashlights used in the Consumer end-user segment are typically less expensive units versus other applications/end-user groups.  For example, flashlights used by the United States Military and in Law Enforcement, demand (more) rugged designed, more features and (more) lumens or brightness versus the typical household (consumer) flashlights. 

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Last year (2014), the Commercial/Industrial application led in the consumption value of flashlights in the United States…