Power Connector
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Portable lights that are specifically designed to temporarily illuminate the working area at a residential premise and/or a Construction and industrial workplace and uses LED technology as a source of illumination are defined as LED work lights.
The top five manufacturers Bayco Products, Philips, Techtronic Industries, Cooper Industries (Eaton), Vignal Lighting Group accounted for 43% of the total market. Regionally, the Asia-Pacific region is the leader, accounting for 40% of total sales in 2018.
Market Analysis and Insights: Global LED Work Lights Market
The global LED Work Lights market is valued at US$ 743.9 million in 2019. The market size will reach US$ 995.3 million by the end of 2026, growing at a CAGR of 4.2% during 2021-2026.
Global LED Work Lights Scope and Market Size
LED Work Lights market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global LED Work Lights market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Battery Operated LED Work Lights
Plug-in LED Work Lights
The segment of battery operated was estimated to be valued at nearly US$ 449.82 Mn by 2018 end,occupied 63.19% of total market,and is projected to create incremental value opportunity of more than US$ 142.51 Mn between 2018 and 2024. The segment is slated to reach a market valuation of nearly US$ 592.33 Mn by 2024.
Segment by Application
Industrial
Construction
Residential
LED work lights can be used in industrial, construction and residential areas. It is mainly used in the industrial sector, with a market share of 48.97% in2018.
By Company
Bayco Products
Philips
Techtronic Industries
Cooper Industries (Eaton)
Vignal Lighting Group
Stanley Black & Decker
Streamlight
Snap-on
Luceco
Voltec
Richpower Industries
Alert Stamping
CAT
WF Harris Lighting
Lex Products
Ericson Manufacturing
Larson Electronics
Ningbo Boyi Electronics
Foshan Jinchu Lighting & Electrical
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
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