Market Overview:
The global round portlights for ships market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for luxury yachts and passenger ships across the globe. Round portlights are used on both commercial and private vessels for illumination and aesthetic purposes. The market has been segmented on the basis of light source type into mercury xenon light sourced and metal halide sourced. The mercury xenon light sourced segment is expected to account for a larger share of the global round portlights for ships market during the forecast period owing to its superior performance characteristics as compared to other light sources. On the basis of application, the global round portlights for ships market has been segmented into yacht, freighter, and passenger ship segments. The yacht segment is anticipated to account for a larger share of the overall market duringthe forecast period owingto rising demand from high net worth individuals (HNIs)for luxury yachts worldwide .
Product Definition:
Round portlights are circular windows found on the sides of ships. They provide light and ventilation for the ship's interior and can also be used for observation. Round portlights are often made of glass or plastic, and may have a metal frame.
Mercury Xenon Light Sourced:
The global round portlights for ships market size was valued at USD 6.5 billion in 2016 and is expected to witness a growth of 5.9% over the forecast period. Increasing demand for energy-efficient lighting solutions with longer life span, better reliability, and reduced maintenance cost is anticipated to drive the market growth over the forecast period.
Metal Halide Sourced:
Metal halide sourced and it's usage in round portlights for ships market is expected to witness significant growth over the forecast period. Metal halides are used as light sources in various lighting applications such as downlighting, general ambient, architectural and decorative lighting among others. The metal halide source has a wide range of color temperature which can be modified by varying the quantity of gas mixture (metal Halides) or by changing filters that are placed between the lamp and its receptor.
Application Insights:
Passenger ships application round portlights dominated the global market, accounting for over 69% of the overall revenue in 2017. The demand is primarily driven by growing cruise tourism industry across various regions. Moreover, increasing number of luxury liner orders and deliveries are expected to drive passenger ship segment growth over the forecast period.
The demand for round portlights in freighters is expected to grow at a significant rate owing to rising need for energy-efficient ships by major shipping companies such as MSC and APL. Growing use of LED lights with superior performance compared to incandescent light sources has increased efficiency of ships lanterns which have subsequently increased fuel econometrics saving by up to 20%. This trend is projectededto continue during the forecast period thereby driving market growth over next seven years.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of prominent round portlights for ships manufacturers and a large number of ship owners. The region is expected to witness significant growth over the forecast period, with U.S. being at the forefront.
Asia Pacific is anticipated to be one of fastest-growing regions during the forecast period owing to increasing trade activities across various sectors such as automotive, marine, and shipping among others due high increase in population along with rising living standards resulting from economic development within countries such as China.
Growth Factors:
- Increasing demand for maritime transportation: The global seaborne trade has been growing steadily in the past few years, and is expected to continue to grow in the coming years, driven by the growth of global trade and increasing containerization. This will lead to an increase in demand for round portlights for ships.
- Technological advancements: Round portlights are increasingly becoming more technologically advanced, with features such as energy-efficient LED lighting and integrated cameras/sensors. This will lead to an increase in their adoption by shipowners and operators.
- Regulations mandating use of round portlights: Several regulatory bodies around the world are beginning to mandate the use of round portlights on ships, due to their safety benefits over traditional rectangular portslits/windows. This will further drive demand for round portlights in the shipping industry.
- Growing popularity of retrofitting: A growing number of shipowners are opting for retrofitting their existing vessels with new technologies, including round portlights systems. This is due to the many benefits offered by these systems, such as improved safety and fuel efficiency etc., which leads to increased demand from this segment market players Round Portlight Systems Ltd.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Round Portlights for Ships Market Research Report
By Type
Mercury Xenon Light Sourced, Metal Halide Sourced
By Application
Yacht, Freighter, Passenger Ship
By Companies
MAN SHIP machinery & Hardware, Stampaggio Costruzioni Meccaniche, Nemo Industrie, IDE Marine, Olcese Ricci, New Found Metals, Freeman Marine Equipment, Bohamet, CJC Windows, BlueShark Yacht, MAN SHIP machinery & Hardware
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Round Portlights for Ships Market Report Segments:
The global Round Portlights for Ships market is segmented on the basis of:
Types
Mercury Xenon Light Sourced, Metal Halide Sourced
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
Yacht, Freighter, Passenger Ship
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:
- MAN SHIP machinery & Hardware
- Stampaggio Costruzioni Meccaniche
- Nemo Industrie
- IDE Marine
- Olcese Ricci
- New Found Metals
- Freeman Marine Equipment
- Bohamet
- CJC Windows
- BlueShark Yacht
- MAN SHIP machinery & Hardware
Highlights of The Round Portlights for Ships 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:
- Mercury Xenon Light Sourced
- Metal Halide Sourced
- By Application:
- Yacht
- Freighter
- Passenger Ship
- 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 Round Portlights for Ships 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- 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?
Round portlights are a type of light used on ships. They are made out of a round, curved piece of metal that is placed over the window in the ship's hull. The light from the portlight shines down onto the deck below, making it easier for sailors to see what is happening on deck.
Some of the major companies in the round portlights for ships market are MAN SHIP machinery & Hardware, Stampaggio Costruzioni Meccaniche, Nemo Industrie, IDE Marine, Olcese Ricci, New Found Metals, Freeman Marine Equipment, Bohamet, CJC Windows, BlueShark Yacht, MAN SHIP machinery & Hardware.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Round Portlights for Ships 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 Round Portlights for Ships Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Round Portlights for Ships 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 Round Portlights for Ships 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 Round Portlights for Ships Market Size & Forecast, 2020-2028
4.5.1 Round Portlights for Ships Market Size and Y-o-Y Growth
4.5.2 Round Portlights for Ships 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 Mercury Xenon Light Sourced
5.2.2 Metal Halide Sourced
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 Yacht
6.2.2 Freighter
6.2.3 Passenger Ship
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Round Portlights for Ships 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 Round Portlights for Ships 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 Mercury Xenon Light Sourced
9.6.2 Metal Halide Sourced
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 Yacht
9.10.2 Freighter
9.10.3 Passenger Ship
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 Mercury Xenon Light Sourced
10.6.2 Metal Halide Sourced
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 Yacht
10.10.2 Freighter
10.10.3 Passenger Ship
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 Mercury Xenon Light Sourced
11.6.2 Metal Halide Sourced
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 Yacht
11.10.2 Freighter
11.10.3 Passenger Ship
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 Mercury Xenon Light Sourced
12.6.2 Metal Halide Sourced
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 Yacht
12.10.2 Freighter
12.10.3 Passenger Ship
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 Mercury Xenon Light Sourced
13.6.2 Metal Halide Sourced
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 Yacht
13.10.2 Freighter
13.10.3 Passenger Ship
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 Round Portlights for Ships Market: Competitive Dashboard
14.2 Global Round Portlights for Ships Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MAN SHIP machinery & Hardware
14.3.2 Stampaggio Costruzioni Meccaniche
14.3.3 Nemo Industrie
14.3.4 IDE Marine
14.3.5 Olcese Ricci
14.3.6 New Found Metals
14.3.7 Freeman Marine Equipment
14.3.8 Bohamet
14.3.9 CJC Windows
14.3.10 BlueShark Yacht
14.3.11 MAN SHIP machinery & Hardware
