Global Night Light Market Growth 2023-2029

Global Night Light Market Growth 2023-2029

Product Code:454272

Published Date: Feb 08,2023

Pages: 109

Region: Global

Category: Consumer Goods

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A nightlight is a small light fixture, usually electrical, placed for comfort or convenience in dark areas or areas that may become dark at certain times, such as at night or in an emergency.

LPI (LP Information)' newest research report, the “Night Light Industry Forecast” looks at past sales and reviews total world Night Light sales in 2022, providing a comprehensive analysis by region and market sector of projected Night Light sales for 2023 through 2029. With Night Light sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Night Light industry.

This Insight Report provides a comprehensive analysis of the global Night Light landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Night Light portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Night Light market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Night Light and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Night Light.

The global Night Light market size is projected to grow from US$ 263.1 million in 2022 to US$ 342.5 million in 2029; it is expected to grow at a CAGR of 342.5 from 2023 to 2029.

Global Night Light key players include Philips, Eaton, Osram, GE, Panasonic, etc. Global top five manufacturers hold a share over 25%.

Asia-Pacific is the largest market, with a share over 35%, followed by Europe and Americas, both have a share over 55%. 
In terms of product, LED is the largest segment, with a share over 75%. And in terms of application, the largest application is Residential, followed by Commercial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Night Light market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    LED
    Halogen
    Incandescent
    Others

Segmentation by application
    Commercial
    Residential

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Philips
    Eaton
    Osram
    GE
    Panasonic
    Legrand
    Opple
    PAK
    Hugo Brennenstuhl
    Feit Electric
    AmerTac
    Munchkin
    Maxxima

Key Questions Addressed in this Report
What is the 10-year outlook for the global Night Light market?
What factors are driving Night Light market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Night Light market opportunities vary by end market size?
How does Night Light break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?