The global Night Light market was valued at 2.02 Million USD in 2021 and will grow with a CAGR of 4.41% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

Philips

Eaton

Osram

GE

Panasonic

Legrand

Opple

PAK

Hugo Brennenstuhl

Feit Electric

AmerTac

Munchkin

Maxxima

By Types:

LED Night Light

Halogen

Incandescent

By Applications:

Commercial

Residential

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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