Market Overview:
The global ship signal lamp 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 maritime safety and security measures across the globe. Additionally, the increasing adoption of LED lamps in ship signal lamps is also propelling the growth of this market. Based on type, the global ship signal lamp market can be segmented into incandescent lamps and LED lamps. The incandescent lamp segment dominated the global ship signal lamp market in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to their low cost as compared to LED lamps and longer life span as compared to other types of lights available in this market.
Product Definition:
A ship signal lamp is a lantern used to send messages from one vessel to another at night or in low visibility. It consists of a light source, usually a kerosene lamp, and an optical signalling lens. The use of ship signal lamps dates back to the 18th century.
Incandescent Lamp:
An incandescent lamp is a type of electric light source, which produces light by means of hot electrically-charged atoms. The filament is made from fine wire, which glows when electricity flows through it. Incandescent lamps are available in different shapes and sizes; the most common types are compact fluorescent lamps (CFLs), linear fluorescent lamps (LFLs), general service lamps, globe lights, table top lights and floor or wall mounted bulbs.
LED Lamp:
LED lamps are used as ship signal lamps. They are available in different forms such as Flashing, steady and intermittent. These signals can be seen from a long distance and they have multiple uses on ships for indicating information to the mariners or to other vessels in the vicinity. The Ship Signal lamp is an important maritime safety device that consists of two lights connected by a wire with an optical fiber between them so that they flash alternately when activated by the operator’s trigger.
Application Insights:
The global ship signal lamp market is segmented by application into passenger ship, cargo ships and others. The other applications include tankers, tugs and barges. The cargo ships segment dominated the overall market in terms of revenue share in 2017 owing to the rising demand for containerized cargoes across various regions including Asia Pacific, North America and Europe.
Passenger ships are projected to witness significant growth over the forecast period due to increasing cruise liners traffic which mainly sails from European countries such as Italy, France Spain etc. towards different destinations around the world such as South Africa Australia New Zealand etcetera).
Regional Analysis:
Asia Pacific dominated the global ship signal lamp market in 2016 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to rising investments in port infrastructure, increasing trade activities, and growing maritime transport. In addition, countries such as China are investing heavily in their coastal cities for tourism purposes as well as for economic development. This is likely to boost demand for ship signal lamps over the next eight years.
Europe also held a significant share of global revenue in 2016 owing to high demand from marine transportation sector mainly due to increased trade activities within Europe itself and with other regions across the globe particularly within Asia Pacific region which has led European companies such as AISG Maritime Signal Ltd., Burmester GmbH & Co., Kapsch TrafficComms.
Growth Factors:
- Increasing demand for maritime transportation
- Growing seaborne trade and globalization
- Proliferation of new shipbuilding orders
- Development of innovative signal lamp technologies
- Rising awareness about safety at sea
Scope Of The Report
Report Attributes
Report Details
Report Title
Ship Signal Lamp Market Research Report
By Type
Incandescent Lamp, LED Lamp
By Application
Passenger Ship, Cargo Ship
By Companies
Canepa & Campi, Daniamant, Den Haan Rotterdam, Famor, Tideland Signal, WISKA Hoppmann & Mulsow, Canepa & Campi
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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Ship Signal Lamp Market Report Segments:
The global Ship Signal Lamp market is segmented on the basis of:
Types
Incandescent Lamp, LED Lamp
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 Ship, Cargo 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:
- Canepa & Campi
- Daniamant
- Den Haan Rotterdam
- Famor
- Tideland Signal
- WISKA Hoppmann & Mulsow
- Canepa & Campi
Highlights of The Ship Signal Lamp 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:
- Incandescent Lamp
- LED Lamp
- By Application:
- Passenger Ship
- Cargo 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 Ship Signal Lamp 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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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?
Ship Signal Lamp is a lamp on a ship that signals other ships to stop or change course.
Some of the major players in the ship signal lamp market are Canepa & Campi, Daniamant, Den Haan Rotterdam, Famor, Tideland Signal, WISKA Hoppmann & Mulsow, Canepa & Campi.
The ship signal lamp 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 Ship Signal Lamp 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 Ship Signal Lamp Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Ship Signal Lamp 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 Ship Signal Lamp 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 Ship Signal Lamp Market Size & Forecast, 2020-2028 4.5.1 Ship Signal Lamp Market Size and Y-o-Y Growth 4.5.2 Ship Signal Lamp 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 Incandescent Lamp
5.2.2 LED Lamp
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 Passenger Ship
6.2.2 Cargo Ship
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ship Signal Lamp 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 Ship Signal Lamp 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 Incandescent Lamp
9.6.2 LED Lamp
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 Passenger Ship
9.10.2 Cargo 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 Incandescent Lamp
10.6.2 LED Lamp
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 Passenger Ship
10.10.2 Cargo 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 Incandescent Lamp
11.6.2 LED Lamp
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 Passenger Ship
11.10.2 Cargo 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 Incandescent Lamp
12.6.2 LED Lamp
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 Passenger Ship
12.10.2 Cargo 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 Incandescent Lamp
13.6.2 LED Lamp
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 Passenger Ship
13.10.2 Cargo 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 Ship Signal Lamp Market: Competitive Dashboard
14.2 Global Ship Signal Lamp Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Canepa & Campi
14.3.2 Daniamant
14.3.3 Den Haan Rotterdam
14.3.4 Famor
14.3.5 Tideland Signal
14.3.6 WISKA Hoppmann & Mulsow
14.3.7 Canepa & Campi