The global flashlight market is expected to grow significantly, from US$ 2 billion in 2025 to US$ 3.2 billion by 2032, driven by a compound annual growth rate (CAGR) of 5.7%. A key factor contributing to this growth is the adoption of solid-state batteries, which offer 2-3 times the energy density of traditional lithium-ion batteries.
By 2032, smart flashlights equipped with IoT connectivity, voice activation, and motion sensors are forecasted to make up 20% of the market. Meanwhile, LED flashlights, known for their energy efficiency and durability, are projected to dominate with a 55% market share in 2024.
The demand for flashlights is expected to be strong in both homeland security and industrial sectors, with the industrial sector holding a substantial 75.1% share. North America is expected to lead in innovation, driven by strong outdoor recreation and industrial needs.
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