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Night Light Industry Is Predicted to Grow at a CAGR of 4.5% from 2018 - QY Research

The Night Light Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.

 

City of Industry, CA -- (SBWIRE) -- 09/21/2018 -- This study researches the market size of Night Light, presents the global Night Light sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of Night Light in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Night Light for each region and countries in each region. For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.

This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis. A nightlight is a small light fixture, often electrical, placed for comfort or convenience in dark areas or areas that may become dark at certain times, such as in an emergency. The biggest region to produce night light is China, which accounted for over 26.51 % of production in total. The labor cost in China is much lower than US and Europe so there are many manufacturers doing OEM business in China. The market share of North America and Europe are 21.93% and 12.90%

Night light industry concentration is relatively high. The largest producer is Philips, accounting for 12.19 percent market share in value in 2015, followed by Eaton and Osram. The industry competitive landscape is relatively stable. The market scale will keeps greatly increasing in the next few years. Although sales of night light brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the night light field.

In 2018, the global Night Light market size was 200 million US$ and is forecast to 280 million US in 2025, growing at a CAGR of 4.5% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Night Light.

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This report includes the following manufacturers; we can also add the other companies as you want.

Philips

Eaton

Osram

GE

Panasonic

Legrand

Opple

PAK

Hugo Brennenstuhl

Feit Electric

Market Segment by Product Type

LED Night Light

Halogen

Incandescent

Market Segment by Application

Commercial

Residential

Market size split by Region

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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