Market Overview:
The global harbor signalling lights market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for LED harbour signalling lights and rising maritime trade across the globe. Additionally, the increasing investment in port infrastructure and development of smart ports are also fuelling the growth of this market. Based on type, the LED harbour signalling lights segment is projected to grow at a higher CAGR than the incandescent harbour signalling lights segment during the forecast period. This can be attributed to factors such as energy efficiency, longer life span, low maintenance cost and low heat emission offered by LED harbour signalling lights as compared with incandescent ones. Based on application, harbors are estimated to account for a larger share of the global harbor signalling lights market in 2018 than lighthouse and beacon segments.
Product Definition:
Harbor Signalling Lights are a set of lights used to signal the presence, location and intentions of vessels in a harbor. They are usually displayed at night, and can include lights for specific purposes such as turning or anchoring. The importance of Harbor Signalling Lights is that they provide a clear indication to vessel operators about the status and movements of other vessels in the area, reducing the risk of collisions.
LED:
The global LED market is expected to witness significant growth over the forecast period. The demand for energy-efficient lighting technology has grown at a rapid rate owing to rising awareness regarding environment protection and energy conservation. Harbor Signalling Lights (HSL) are one of the most energy-efficient technologies used in port and harbor infrastructure across the globe.
Incandescent Harbor Signalling Lights:
Incandescent harbor signalling lights are used to communicate the information such as vessel position, safe mooring, and warning signals. The market is expected to witness growth owing to increasing demand for efficient communication equipment in marine sector.
The development of new technologies along with rising safety concerns is anticipated to boost the market over the forecast period. Incandescent harbour signaling lights are energy-efficient and provide clear images; therefore they have a low power consumption rate which reduces operational cost significantly.
Application Insights:
The market is segmented by application into harbors, lighthouses and beacons, and others. Harbors accounted for the largest share in 2017 owing to the presence of a large number of ports and maritime centers across the globe. The development of new deep-water channels has led to an increase in maritime trade over recent years which has resulted in an increased need for harbor facilities. As a result, harbors are expected to remain one of the key application areas over the forecast period.
Lighthouse and beacon is another important segment where LED Harbor Lights have gained significant popularity due to their low cost compared with traditional Harbour Lights made up of gas or oil lamps that can be seen from afar at night time. Increasing awareness about marine navigation along with rising incidences such as shipwrecks caused by running aground on rocks or reefs during nights when visibility reduces significantly has led authorities around the world including U.S.
Regional Analysis:
North America dominated the global harbor signalling lights market in 2017. The region is expected to witness a growth rate of over 5% during the forecast period. Increasing port traffic and trade activities are anticipated to drive the regional demand for harbour and shipping infrastructure development, which in turn is likely to propel product demand over the coming years. Furthermore, growing adoption of LED lighting technology across various applications including harbormaster’s office, lighthouse and beacon installation has been increasing at a rapid pace owing to its advantages such as low power consumption, high visibility range, better heat dissipation etc., thereby driving industry growth in North America.
Asia Pacific is expected to be one of the fastest-growing regions during the same period owing to increasing port traffic and trade activities coupled with government initiatives for developing marine infrastructure along coastal areas particularly in China & Japan that eventually drives industry growth over this region.
Growth Factors:
- Increasing demand for maritime safety and security
- Proliferation of large container ships and port congestion
- Development of new technologies and products
- Growing awareness about the benefits of using signaling lights
- Rising number of accidents at sea
Scope Of The Report
Report Attributes
Report Details
Report Title
Harbor Signalling Lights Market Research Report
By Type
LED, Incandescent Harbor Signalling Lights
By Application
Harbors, Lighthouse and Beacon
By Companies
Castro, Jotron, Mediterráneo Se?ales Marítimas, Mobilis, Osculati, SCM Sistemas, Sealite, Tideland Signal, Castro
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Harbor Signalling Lights Market Report Segments:
The global Harbor Signalling Lights market is segmented on the basis of:
Types
LED, Incandescent Harbor Signalling Lights
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Harbors, Lighthouse and Beacon
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Castro
- Jotron
- Mediterráneo Se?ales Marítimas
- Mobilis
- Osculati
- SCM Sistemas
- Sealite
- Tideland Signal
- Castro
Highlights of The Harbor Signalling Lights Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LED
- Incandescent Harbor Signalling Lights
- By Application:
- Harbors
- Lighthouse and Beacon
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Harbor Signalling Lights Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Harbor signalling lights are used to indicate the presence of a harbor or port. They consist of three white light towers, each with a red light at the top.
Some of the major companies in the harbor signalling lights market are Castro, Jotron, Mediterr¡neo Se?ales Martimas, Mobilis, Osculati, SCM Sistemas, Sealite, Tideland Signal, Castro.
The harbor signalling lights market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Harbor Signalling Lights Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Harbor Signalling Lights Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Harbor Signalling Lights Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Harbor Signalling Lights Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Harbor Signalling Lights Market Size & Forecast, 2020-2028
4.5.1 Harbor Signalling Lights Market Size and Y-o-Y Growth
4.5.2 Harbor Signalling Lights Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 LED
5.2.2 Incandescent Harbor Signalling Lights
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Harbors
6.2.2 Lighthouse and Beacon
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Harbor Signalling Lights Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Harbor Signalling Lights Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 LED
9.6.2 Incandescent Harbor Signalling Lights
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Harbors
9.10.2 Lighthouse and Beacon
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 LED
10.6.2 Incandescent Harbor Signalling Lights
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Harbors
10.10.2 Lighthouse and Beacon
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 LED
11.6.2 Incandescent Harbor Signalling Lights
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Harbors
11.10.2 Lighthouse and Beacon
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 LED
12.6.2 Incandescent Harbor Signalling Lights
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Harbors
12.10.2 Lighthouse and Beacon
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 LED
13.6.2 Incandescent Harbor Signalling Lights
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Harbors
13.10.2 Lighthouse and Beacon
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Harbor Signalling Lights Market: Competitive Dashboard
14.2 Global Harbor Signalling Lights Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Castro
14.3.2 Jotron
14.3.3 Mediterráneo Se?ales Marítimas
14.3.4 Mobilis
14.3.5 Osculati
14.3.6 SCM Sistemas
14.3.7 Sealite
14.3.8 Tideland Signal
14.3.9 Castro
