Lighted Blanket Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 9.9% from 2024 to 2030.
The global lighted blanket market was valued at approximately USD 1.2 billion in 2022, with projections indicating a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030. This growth is driven by increasing consumer interest in innovative home comfort products and rising disposable incomes across various regions. The market's expansion is also supported by advancements in smart textile technology, which enhance the functionality and appeal of lighted blankets. The demand for such products is particularly strong in North America and Europe, where there is a high preference for premium and technologically advanced home solutions.
Opportunities in the lighted blanket market are further amplified by the growing trend of smart home integration and the rise in awareness about health and wellness. Emerging markets, particularly in Asia-Pacific, are expected to contribute significantly to the market's growth due to increasing urbanization and changing lifestyles. Additionally, the market is poised to benefit from the development of new designs and features, such as adjustable light settings and energy-efficient heating mechanisms. These innovations are likely to attract a broader consumer base and open new avenues for market players to explore.
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GE Healthcare
Philips
Atom
Natus
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Lighted Blanket Market
Hospitals & Clinics
Birthing Centers
Others
Based on Types the Market is categorized into Below types that held the largest Lighted Blanket market share In 2023.
Large Type
Small Type
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Lighted Blanket Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Lighted Blanket Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Lighted Blanket Market, By Type
6. Global Lighted Blanket Market, By Application
7. Global Lighted Blanket Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Lighted Blanket Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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