PUBLISHER: KBV Research | PRODUCT CODE: 1534586
PUBLISHER: KBV Research | PRODUCT CODE: 1534586
The North America Battery Operated Lights Market would witness market growth of 9.3% CAGR during the forecast period (2024-2031).
The US market dominated the North America Battery Operated Lights Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $59,537.4 million by 2031. The Canada market is experiencing a CAGR of 11.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 10.7% during (2024 - 2031).
Battery-operated lights have become integral to various sectors due to their portability, flexibility, and ease of use. Their applications span residential, commercial, industrial, outdoor, and emergency settings, providing versatile lighting solutions catering to diverse needs. Battery-operated lights are essential in households for emergency backup during power outages. They ensure that families have reliable lighting to navigate their homes safely and maintain basic functions during blackouts.
In homes, these lights provide portable illumination for various tasks, such as reading, working, or moving between rooms. They are particularly useful in areas where installing permanent fixtures is impractical. Battery-operated lights are increasingly used for decorative purposes, including festive lighting, accent lighting, and enhancing the ambiance of living spaces. They offer flexibility in placement and design without the constraints of electrical wiring. These lights are used in areas like closets, attics, or basements where fixed lighting is unavailable. Battery-operated task lights offer focused illumination for sewing, DIY projects, or searching for items.
The surge in construction activities across Canada, both commercial and residential, creates a heightened need for temporary lighting solutions. Battery-operated lights are commonly used on construction sites to provide illumination during work hours and ensure safety in areas without permanent electrical setups. In November 2023, investment in building construction increased by 1.7% to $19.8 billion, as reported by Statistics Canada. Investment in the residential sector increased by 2.2% to $13.7 billion, while that in the non-residential sector increased by 0.4% to $6.0 billion. As outdoor sports and recreational activities such as camping, hiking, and beach outings gain popularity in Mexico, there is a growing demand for portable lighting solutions. Battery-operated lights are crucial for providing illumination during evening activities and in areas where electricity is not readily available. Mexico's diverse landscapes, including mountains, forests, and deserts, attract many outdoor enthusiasts. Battery-operated lights offer convenience and safety for camping and hiking trips, where reliable and portable lighting is essential for navigation and comfort after dark. Therefore, increasing construction and rising outdoor and recreational activities drive the market's growth.
Based on End Use, the market is segmented into Residential, and Commercial. Based on Pricing, the market is segmented into Mid-Range, Economical, and High-range. Based on Technology, the market is segmented into LED, Fluorescent, and Incandescent. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Battery Operated Lights Market Report Segmentation
By End Use
By Pricing
By Technology
By Country