- Market Driver: The growing online sales of battery-operated lights are driving the growth of the market. Vendors have gained the potential to earn more profits with the growth of the global e-commerce industry. The products offered on e-commerce platforms are less expensive than those sold in physical stores owing to the reduction in overhead costs. Vendors such as Koninklijke Philips NV, Hubbell Inc., Ring LLC, and General Electric Co. sell battery-operated lights through e-retailing websites. This helps in promoting and enhancing their brands. Online shopping portals such as JD.com, Amazon.com, and eBay have advanced security features and customer-friendly website designs. Hence, various vendors are focusing on the Internet-savvy customer segment and exploring new online retail formats. These factors will drive the growth of the global battery-operated lights market.
- Market Challenge: Governments plan to phase out incandescent and battery-operated fluorescent lights, which will challenge the market during the forecast period. Lighting applications account for more than 25% of the global energy consumption. Hence, governments are focusing on implementing policies to promote the use of energy-efficient LED lighting products, such as LED battery-operated lights. They have announced new schemes and policies that are aimed at phasing out incandescent and fluorescent lights. Such initiatives can reduce the production of incandescent and fluorescent battery-operated lights and, in turn, hamper the growth of the global battery-operated lights market.
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Market Segmentation
The battery-operated lights market report is segmented by application (commercial and residential) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). North America will be the leading region with 36% of the market's growth during the forecast period. The US is the key market for battery-operated lights in the region.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report
Vendor Landscape
The battery-operated lights market is fragmented. Vendors are deploying growth strategies such as investing heavily in developing new and innovative battery-operated lights to compete in the market. The market is highly competitive, with the presence of a few dominant players and other prominent regional players. Vendors are investing heavily in developing new and innovative battery-operated lights. Each player has a different marketing strategy to survive in this competitive environment. Some of the marketing strategies to attract consumers and increase market share include the development of innovative products, strong distribution channels, unique packaging, and investments in strong promotional activities. The highly competitive nature of the market vendors is expected to intensify the competition in the global battery-operated lights market.
Some Companies Mentioned
- Acuity Brands Inc.
- 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
This report provides a full list of key vendors, their strategies, and the latest developments. Buy Now to access exclusive information
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Battery-Operated Lights Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.9% |
Market growth 2022-2026 |
USD 32.62 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.29 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 36% |
Key consumer countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Acuity Brands Inc., 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., and VIGNAL ABL USA |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse Information Technology Market Reports
Key Topics Covered:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Commercial - Market size and forecast 2021-2026
- Exhibit 28: Chart on Commercial - Market size and forecast 2021-2026 ($ billion)
- Exhibit 29: Data Table on Commercial - Market size and forecast 2021-2026 ($ billion)
- Exhibit 30: Chart on Commercial - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
- 5.4 Residential - Market size and forecast 2021-2026
- Exhibit 32: Chart on Residential - Market size and forecast 2021-2026 ($ billion)
- Exhibit 33: Data Table on Residential - Market size and forecast 2021-2026 ($ billion)
- Exhibit 34: Chart on Residential - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Residential - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Application
- Exhibit 36: Market opportunity by Application ($ billion)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 Germany - Market size and forecast 2021-2026
- Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
- Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
- Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.10 UK - Market size and forecast 2021-2026
- Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ billion)
- Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
- Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.11 China - Market size and forecast 2021-2026
- Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.12 Japan - Market size and forecast 2021-2026
- Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
- Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
- Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 BelloLite
- Exhibit 89: BelloLite - Overview
- Exhibit 90: BelloLite - Product / Service
- Exhibit 91: BelloLite - Key offerings
- 10.4 Eaton Corp. Plc
- Exhibit 92: Eaton Corp. Plc - Overview
- Exhibit 93: Eaton Corp. Plc - Business segments
- Exhibit 94: Eaton Corp. Plc - Key news
- Exhibit 95: Eaton Corp. Plc - Key offerings
- Exhibit 96: Eaton Corp. Plc - Segment focus
- 10.5 Emerson Electric Co.
- Exhibit 97: Emerson Electric Co. - Overview
- Exhibit 98: Emerson Electric Co. - Business segments
- Exhibit 99: Emerson Electric Co. - Key news
- Exhibit 100: Emerson Electric Co. - Key offerings
- Exhibit 101: Emerson Electric Co. - Segment focus
- 10.6 General Electric Co.
- Exhibit 102: General Electric Co. - Overview
- Exhibit 103: General Electric Co. - Business segments
- Exhibit 104: General Electric Co. - Key news
- Exhibit 105: General Electric Co. - Key offerings
- Exhibit 106: General Electric Co. - Segment focus
- 10.7 Hubbell Inc.
- Exhibit 107: Hubbell Inc. - Overview
- Exhibit 108: Hubbell Inc. - Business segments
- Exhibit 109: Hubbell Inc. - Key offerings
- Exhibit 110: Hubbell Inc. - Segment focus
- 10.8 Koninklijke Philips NV
- Exhibit 111: Koninklijke Philips NV - Overview
- Exhibit 112: Koninklijke Philips NV - Business segments
- Exhibit 113: Koninklijke Philips NV - Key news
- Exhibit 114: Koninklijke Philips NV - Key offerings
- Exhibit 115: Koninklijke Philips NV - Segment focus
- 10.9 Legrand SA
- Exhibit 116: Legrand SA - Overview
- Exhibit 117: Legrand SA - Business segments
- Exhibit 118: Legrand SA - Key offerings
- Exhibit 119: Legrand SA - Segment focus
- 10.10 Neo Neon Holdong Ltd.
- Exhibit 120: Neo Neon Holdong Ltd. - Overview
- Exhibit 121: Neo Neon Holdong Ltd. - Business segments
- Exhibit 122: Neo Neon Holdong Ltd. - Key offerings
- Exhibit 123: Neo Neon Holdong Ltd. - Segment focus
- 10.11 Ring LLC
- Exhibit 124: Ring LLC - Overview
- Exhibit 125: Ring LLC - Product / Service
- Exhibit 126: Ring LLC - Key offerings
- 10.12 Schneider Electric SE
- Exhibit 127: Schneider Electric SE - Overview
- Exhibit 128: Schneider Electric SE - Business segments
- Exhibit 129: Schneider Electric SE - Key news
- Exhibit 130: Schneider Electric SE - Key offerings
- Exhibit 131: Schneider Electric SE - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 132: Inclusions checklist
- Exhibit 133: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 134: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 135: Research methodology
- Exhibit 136: Validation techniques employed for market sizing
- Exhibit 137: Information sources
- 11.5 List of abbreviations
- Exhibit 138: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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