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Dublin, Jan. 27, 2021 (GLOBE NEWSWIRE) -- The "Asia Pacific LED Flashlight Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type, Product, and Application" report has been added to ResearchAndMarkets.com's offering. The APAC LED flashlight market is expected to grow from US$ 609.5 million in 2019 to US$ 895.0 million by 2027; it is estimated to grow at a CAGR of 5.1 % from 2020 to 2027. Increasing use of light emitting diode (LED) flashlights in hazardous industrial environments drives the growth of the APAC LED flashlight market. Operations in various industries such as military and marine, law enforcement, oil & gas, and mining are performed in hazardous environments. The demand for highly efficient and durable gear is high in these industries. With the evolution of lighting technologies and improvements in materials, the adoption of LED-based flashlights is growing at an impressive pace in aforementioned industries across APAC. Manufacturers across the region offer a wide variety of tactical LED flashlights that can be deployed in hazardous environments. Also, the companies operating in the APAC LED flashlight market are continuously improving their products, with a prime focus on weight and lifespan, to meet the specific requirements from diverse industries. Explosion-proof LED flashlights are technologically advanced and are used in industries that handle potentially explosive and volatile compounds. The explosion-proof lighting systems are deployed in various industries to prevent the ignition of spark from electrical equipment. Further, the use of LED technology in hazardous work environments - such as the oil & gas refineries - has aided in reinforcing safety measures for unpredictable situations. The introduction of durable, safe, and innovative LED flashlights, especially in hazardous work environments, is expected to drive the APAC LED flashlight market growth during the forecast period. The COVID-19 outbreak crisis is adversely affecting the countries across APAC, especially China and India. APAC has a large number of developing countries, positive economic outlook, high industrial presence, huge population, and rising disposable income. All these factors make APAC a major growth driving region for various markets including the LED flashlight market. The shutdown of various plants and factories in China is disrupting the global supply chains, manufacturing activities, delivery schedules, and sales of various products and services. All these factors are hampering the demand for LED flashlights across the region.Based on application, the commercial segment led the APAC LED flashlight market in 2019. Increasing urbanization and rising security and safety concerns drive the adoption of LED flashlights in numerous commercial buildings such as shopping complexes, office buildings, trade centers, exhibition halls, warehouses, hostels, and resorts. Various industries widely use standard, heavy-duty, and pocket and pen-sized LED flashlights for security and maintenance of machinery applications. Growing industrialization across APAC, especially in emerging countries such as China, India, Vietnam, and South Korea, propel the adoption of these flashlights. Moreover, a few advantages of LED flashlights such as ruggedness, explosion-proof and waterproof design, and long battery life are expected to increase their demand from the commercial sector, which would drive the APAC LED flashlight market during the forecast period. Reasons to Buy Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC LED flashlight market.Highlights key business priorities in order to assist companies to realign their business strategiesThe key findings and recommendations highlight crucial progressive industry trends in the APAC LED flashlight market, thereby allowing players across the value chain to develop effective long-term strategiesDevelop/modify business expansion plans by using substantial growth offering developed and emerging marketsScrutinize in-depth APAC market trends and outlook coupled with the factors driving the LED flashlight market, as well as those hindering itEnhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution Key Topics Covered: 1. Introduction1.1 Study Scope1.2 Research Report Guidance1.3 Market Segmentation1.3.1 APAC LED Flashlight Market - By Type1.3.2 APAC LED Flashlight Market - By Product1.3.3 APAC LED Flashlight Market - By Application1.3.4 APAC LED Flashlight Market - By Country2. Key Takeaways3. Research Methodology3.1 Coverage3.2 Secondary Research3.3 Primary Research4. APAC LED Flashlight Market Landscape4.1 Market Overview4.2 APAC PEST Analysis4.3 Ecosystem Analysis4.4 Expert Opinion5. APAC LED Flashlight Market - Key Market Dynamics5.1 Key Market Drivers5.1.1 Escalating Demand of Tactical LED Flashlights due to Small Size and Rugged Material5.1.2 Soaring penetration of LED Lighting with Supportive Government Initiatives5.2 Key Market Restraints5.2.1 Deficiency of standardization and alternative products availability5.3 Key Market Opportunities5.3.1 Rising Preference for Energy-Efficient, Non-Conventional Lighting Solutions5.4 Future Trends5.4.1 Increase in Use of LED Flashlights in Hazardous Industrial Environments5.5 Impact Analysis of Drivers and Restraints6. LED Flashlight Market - APAC Analysis6.1 APAC LED Flashlight Market Overview6.2 APAC LED Flashlight Market - Revenue and Forecast to 2027 (US$ Million)6.3 Market Positioning - Five Key Players7. APAC LED Flashlight Market Analysis- By Type7.1 Overview7.2 APAC LED Flashlight Market Breakdown, By Type, 2019 & 2027 (%)7.3 Rechargeable LED Flashlight7.3.1 Overview7.3.2 Rechargeable LED Flashlight Market Revenue and Forecast to 2027 (US$ Million)7.4 Non-Rechargeable LED Flashlight7.4.1 Overview7.4.2 Non-Rechargeable LED Flashlight Market Revenue and Forecast to 2027 (US$ Million)8. APAC LED Flashlight Market Analysis - By Product8.1 Overview8.2 APAC LED Flashlight Market Breakdown, By Product, 2019 & 2027 (%)8.3 Safety Flashlights8.3.1 Overview8.3.2 Safety Flashlights Market Revenue and Forecast to 2027 (US$ Million)8.4 Everyday Carry Flashlights8.4.1 Overview8.4.2 Everyday Carry Flashlights Revenue and Forecast to 2027 (US$ Million)8.5 Tactical Flashlights8.5.1 Overview8.5.2 Tactical Flashlights Market Revenue and Forecast to 2027 (US$ Million)9. APAC LED Flashlight Market Analysis - By Application9.1 Overview9.2 APAC LED Flashlight Market Breakdown, By Application, 2019 & 2027 (%)9.3 Personal9.3.1 Overview9.3.2 Personal Market Revenue and Forecast to 2027 (US$ Million)9.4 Commercial9.4.1 Overview9.4.2 Commercial Market Revenue and Forecast to 2027 (US$ Million)9.5 Military and Law Enforcement9.5.1 Overview9.5.2 Military and Law Enforcement Market Revenue and Forecast to 2027 (US$ Million)10. APAC LED Flashlight Market - Country Analysis10.1 Overview10.1.1 APAC: LED Flashlight Market, By Country10.1.1.1 China: LED Flashlight Market - Revenue and Forecast to 2027 (US$ Million)10.1.1.1.1 China: LED Flashlight Market, By Type10.1.1.1.2 China: LED Flashlight Market, By Product10.1.1.1.3 China: LED Flashlight Market, By Application10.1.1.2 India: LED Flashlight Market - Revenue and Forecast to 2027 (US$ Million)10.1.1.2.1 India: LED Flashlight Market, By Type10.1.1.2.2 India: LED Flashlight Market, By Product10.1.1.2.3 India: LED Flashlight Market, By Application10.1.1.3 Japan: LED Flashlight Market - Revenue and Forecast to 2027 (US$ Million)10.1.1.3.1 Japan: LED Flashlight Market, By Type10.1.1.3.2 Japan: LED Flashlight Market, By Product10.1.1.3.3 Japan: LED Flashlight Market, By Application10.1.1.4 South Korea: LED Flashlight Market - Revenue and Forecast to 2027 (US$ Million)10.1.1.4.1 South Korea: LED Flashlight Market, By Type10.1.1.4.2 South Korea: LED Flashlight Market, By Product10.1.1.4.3 South Korea: LED Flashlight Market, By Application10.1.1.5 Australia: LED Flashlight Market - Revenue and Forecast to 2027 (US$ Million)10.1.1.5.1 Australia: LED Flashlight Market, By Type10.1.1.5.2 Australia: LED Flashlight Market, By Product10.1.1.5.3 Australia: LED Flashlight Market, By Application10.1.1.6 Rest of APAC: LED Flashlight Market - Revenue and Forecast to 2027 (US$ Million)10.1.1.6.1 Rest of APAC: LED Flashlight Market, By Type10.1.1.6.2 Rest of APAC: LED Flashlight Market, By Product10.1.1.6.3 Rest of APAC: LED Flashlight Market, By Application11. APAC LED Flashlight Market - COVID-19 Impact Analysis11.1 APAC: Impact Assessment of COVID-19 Pandemic12. Industry Landscape12.1 Overview12.2 Market Initiative12.3 New Product Development12.4 Merger and Acquisition13. Company Profiles13.1 Bayco Products Inc.13.1.1 Key Facts13.1.2 Business Description13.1.3 Products and Services13.1.4 Financial Overview13.1.5 SWOT Analysis13.1.6 Key Developments13.2 Coast Products13.2.1 Key Facts13.2.2 Business Description13.2.3 Products and Services13.2.4 Financial Overview13.2.5 SWOT Analysis13.2.6 Key Developments13.3 Duracell Inc.13.3.1 Key Facts13.3.2 Business Description13.3.3 Products and Services13.3.4 Financial Overview13.3.5 SWOT Analysis13.3.6 Key Developments13.4 Ledlenser GmbH & Co. KG13.4.1 Key Facts13.4.2 Business Description13.4.3 Products and Services13.4.4 Financial Overview13.4.5 SWOT Analysis13.4.6 Key Developments13.5 Dorcy International, Inc.13.5.1 Key Facts13.5.2 Business Description13.5.3 Products and Services13.5.4 Financial Overview13.5.5 SWOT Analysis13.5.6 Key Developments13.6 ENERGIZER HOLDINGS, INC.13.6.1 Key Facts13.6.2 Business Description13.6.3 Products and Services13.6.4 Financial Overview13.6.5 SWOT Analysis13.6.6 Key Developments13.7 Mag Instrument Inc.13.7.1 Key Facts13.7.2 Business Description13.7.3 Products and Services13.7.4 Financial Overview13.7.5 SWOT Analysis13.7.6 Key Developments13.8 Pelican Products, Inc.13.8.1 Key Facts13.8.2 Business Description13.8.3 Products and Services13.8.4 Financial Overview13.8.5 SWOT Analysis13.8.6 Key Developments13.9 Streamlight Inc.13.9.1 Key Facts13.9.2 Business Description13.9.3 Products and Services13.9.4 Financial Overview13.9.5 SWOT Analysis13.9.6 Key Developments-13.10 Surefire LLC13.10.1 Key Facts13.10.2 Business Description13.10.3 Products and Services13.10.4 Financial Overview13.10.5 SWOT Analysis13.10.6 Key Developments14. Appendix14.1 About the Publisher14.2 Word Index For more information about this report visit https://www.researchandmarkets.com/r/svhgz2 CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900