Market Overview:
The global navigation light control panel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for luxury boats and yachts, rising maritime trade, and growing awareness about safety and security measures at sea. Based on type, the global navigation light control panel market can be segmented into: ≤14 lamps, 14-21 lamps, 21-42 lamps, and above 42 lamps. Among these segments, the 21-42 lamps segment is expected to witness highest growth during the forecast period owing to increase in demand for luxury boats and yachts. Based on application, the global navigation light control panel market can be segmented into: passenger vessels, fishing boats Warships motor yachts tugs others).
Product Definition:
The navigation light control panel is used to operate the navigation lights on a boat. It is important because it allows the boat operator to signal other boats and vessels with their presence by turning on the required navigation lights.
For ≤14 Lamps:
For ≤14 Lamps, it's usage and growth factor in the Navigation Light Control Panel market is expected to witness significant growth over the forecast period. The For ≤14 Lamps are used for navigation purposes in automobiles. They consist of a source of illumination along with an optical filter that allows only specific wavelengths to pass through while blocking all others.
For 14-21 Lamps:
For 14-21 lamps and it's usage in Navigation Light Control Panel market is used to control the navigation lights. It helps in controlling the light output from each lamp by using a dimmer switch or a controller. The For 14-21 Lamps are widely used for lighting applications such as interior illumination, exterior illumination, deck wash lights, backlight for LCD screens etc.
Application Insights:
The market is segmented by application into passenger vessels, fishing boats, warships, motor yachts, tugs and others. The other segment held the largest share of over 40% in 2017. This is due to the rising demand for GNLCPP from various industries such as defense and marine which require highly durable products with high performance features.
Passenger vessel was estimated to be the fastest-growing application in 2017 owing to increasing tourism activities across various regions including Asia Pacific and Middle East & Africa which has resulted in an increased need for navigation lights at sea. Furthermore, growing adoption of LED lamps for both commercial and recreational vessels has further propelled growth of this segment during past few years.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing maritime activities and stringent regulations regarding boating safety. Moreover, rising adoption of LED lighting technology for navigation lights is also likely to propel regional growth over the coming years.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to growing awareness about marine transportation and safety measures taken by regulatory bodies such as IMO, MSC/MSC and others for navigation vessels including passenger ships, fishing boats etc. Increasing demand from China due to rapid economic development along with a large coastline will further boost regional growth during the estimated time span.
Growth Factors:
- Increasing demand for maritime transportation: The global seaborne trade has been increasing at a CAGR of around 4% in the past few years. This is primarily because of the growth in international trade and increase in container traffic. As a result, there is an increased demand for navigation light control panels to ensure safe navigation.
- Technological advancements: With technological advancements, there is an increased need for advanced and efficient control panels that can provide better safety and performance features. This is expected to drive the growth of the market during the forecast period.
- Regulations mandating use of navigation lights: Various regulations mandate use of navigation lights on vessels sailing in specific areas or during specific times such as night time or foggy conditions etc., These regulations are likely to boost the demand for navigation light control panels during the forecast period..
Scope Of The Report
Report Attributes
Report Details
Report Title
Navigation Light Control Panel Market Research Report
By Type
For ≤14 Lamps, For 14-21 Lamps, For 21-42 Lamps, Above 42 Lamps
By Application
Passenger Vessels, Fishing Boats, Warships, Motor Yachts, Tugs, Others
By Companies
Glamox AS, Pan Delta Controls, JBOX, KTE, Comar Electric, Terasaki Electric, Prime Mover Controls, Sanko Electric, Praxis Automation Technology, Den Haan Rotterdam, Power Panels，LLC, Akshay Controls＆Systems Pvt, Marinelec Technologies, Stahl Tranberg, Retronic, Böning, Ruite Electric, Zhejiang Xinya Electric Development
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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Navigation Light Control Panel Market Report Segments:
The global Navigation Light Control Panel market is segmented on the basis of:
Types
For ≤14 Lamps, For 14-21 Lamps, For 21-42 Lamps, Above 42 Lamps
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
Passenger Vessels, Fishing Boats, Warships, Motor Yachts, Tugs, Others
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:
- Glamox AS
- Pan Delta Controls
- JBOX
- KTE
- Comar Electric
- Terasaki Electric
- Prime Mover Controls
- Sanko Electric
- Praxis Automation Technology
- Den Haan Rotterdam
- Power Panels，LLC
- Akshay Controls＆Systems Pvt
- Marinelec Technologies
- Stahl Tranberg
- Retronic
- Böning
- Ruite Electric
- Zhejiang Xinya Electric Development
Highlights of The Navigation Light Control Panel 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:
- For ≤14 Lamps
- For 14-21 Lamps
- For 21-42 Lamps
- Above 42 Lamps
- By Application:
- Passenger Vessels
- Fishing Boats
- Warships
- Motor Yachts
- Tugs
- Others
- 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 Navigation Light Control Panel 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.
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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?
A Navigation Light Control Panel is a device that allows drivers to adjust the brightness and color of their vehicle's headlights.
Some of the major players in the navigation light control panel market are Glamox AS, Pan Delta Controls, JBOX, KTE, Comar Electric, Terasaki Electric, Prime Mover Controls, Sanko Electric, Praxis Automation Technology, Den Haan Rotterdam, Power Panels，LLC, Akshay Controls＆Systems Pvt, Marinelec Technologies, Stahl Tranberg, Retronic, B¶ning, Ruite Electric, Zhejiang Xinya Electric Development.
The navigation light control panel market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Navigation Light Control Panel 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 Navigation Light Control Panel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Navigation Light Control Panel 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 Navigation Light Control Panel 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 Navigation Light Control Panel Market Size & Forecast, 2018-2028
4.5.1 Navigation Light Control Panel Market Size and Y-o-Y Growth
4.5.2 Navigation Light Control Panel Market Absolute $ Opportunity
Chapter 5 Global Navigation Light Control Panel 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 Navigation Light Control Panel Market Size Forecast by Type
5.2.1 For ≤14 Lamps
5.2.2 For 14-21 Lamps
5.2.3 For 21-42 Lamps
5.2.4 Above 42 Lamps
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Navigation Light Control Panel 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 Navigation Light Control Panel Market Size Forecast by Applications
6.2.1 Passenger Vessels
6.2.2 Fishing Boats
6.2.3 Warships
6.2.4 Motor Yachts
6.2.5 Tugs
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Navigation Light Control Panel 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 Navigation Light Control Panel 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 Navigation Light Control Panel Analysis and Forecast
9.1 Introduction
9.2 North America Navigation Light Control Panel 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 Navigation Light Control Panel Market Size Forecast by Type
9.6.1 For ≤14 Lamps
9.6.2 For 14-21 Lamps
9.6.3 For 21-42 Lamps
9.6.4 Above 42 Lamps
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 Navigation Light Control Panel Market Size Forecast by Applications
9.10.1 Passenger Vessels
9.10.2 Fishing Boats
9.10.3 Warships
9.10.4 Motor Yachts
9.10.5 Tugs
9.10.6 Others
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 Navigation Light Control Panel Analysis and Forecast
10.1 Introduction
10.2 Europe Navigation Light Control Panel 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 Navigation Light Control Panel Market Size Forecast by Type
10.6.1 For ≤14 Lamps
10.6.2 For 14-21 Lamps
10.6.3 For 21-42 Lamps
10.6.4 Above 42 Lamps
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 Navigation Light Control Panel Market Size Forecast by Applications
10.10.1 Passenger Vessels
10.10.2 Fishing Boats
10.10.3 Warships
10.10.4 Motor Yachts
10.10.5 Tugs
10.10.6 Others
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 Navigation Light Control Panel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Navigation Light Control Panel 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 Navigation Light Control Panel Market Size Forecast by Type
11.6.1 For ≤14 Lamps
11.6.2 For 14-21 Lamps
11.6.3 For 21-42 Lamps
11.6.4 Above 42 Lamps
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 Navigation Light Control Panel Market Size Forecast by Applications
11.10.1 Passenger Vessels
11.10.2 Fishing Boats
11.10.3 Warships
11.10.4 Motor Yachts
11.10.5 Tugs
11.10.6 Others
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 Navigation Light Control Panel Analysis and Forecast
12.1 Introduction
12.2 Latin America Navigation Light Control Panel 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 Navigation Light Control Panel Market Size Forecast by Type
12.6.1 For ≤14 Lamps
12.6.2 For 14-21 Lamps
12.6.3 For 21-42 Lamps
12.6.4 Above 42 Lamps
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 Navigation Light Control Panel Market Size Forecast by Applications
12.10.1 Passenger Vessels
12.10.2 Fishing Boats
12.10.3 Warships
12.10.4 Motor Yachts
12.10.5 Tugs
12.10.6 Others
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) Navigation Light Control Panel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Navigation Light Control Panel 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) Navigation Light Control Panel Market Size Forecast by Type
13.6.1 For ≤14 Lamps
13.6.2 For 14-21 Lamps
13.6.3 For 21-42 Lamps
13.6.4 Above 42 Lamps
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) Navigation Light Control Panel Market Size Forecast by Applications
13.10.1 Passenger Vessels
13.10.2 Fishing Boats
13.10.3 Warships
13.10.4 Motor Yachts
13.10.5 Tugs
13.10.6 Others
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 Navigation Light Control Panel Market: Competitive Dashboard
14.2 Global Navigation Light Control Panel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Glamox AS
14.3.2 Pan Delta Controls
14.3.3 JBOX
14.3.4 KTE
14.3.5 Comar Electric
14.3.6 Terasaki Electric
14.3.7 Prime Mover Controls
14.3.8 Sanko Electric
14.3.9 Praxis Automation Technology
14.3.10 Den Haan Rotterdam
14.3.11 Power Panels，LLC
14.3.12 Akshay Controls＆Systems Pvt
14.3.13 Marinelec Technologies
14.3.14 Stahl Tranberg
14.3.15 Retronic
14.3.16 Böning
14.3.17 Ruite Electric
14.3.18 Zhejiang Xinya Electric Development
