Market Overview:
The global waterproof lighting market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and durable waterproof lighting products. In addition, the growing awareness about the benefits of using LED lights is also contributing to the growth of this market. The indoor LED waterproof lighting segment is expected to grow at a CAGR of 7% from 2018 to 2030, while the outdoor LED waterproof lighting segment is projected to grow at a CAGR of 5%. The commercial sector accounts for majority share in terms of revenue in both segments, followed by residential and industrial sectors respectively.
Product Definition:
Waterproof Lighting is a type of lighting that is specifically designed to be used in areas where there is a high risk of exposure to water. This type of lighting can be used both indoors and outdoors, and is perfect for use in areas such as bathrooms, kitchens, and outdoor spaces.
Indoor LED Waterproof Lighting:
Indoor LED waterproof lighting is a new technology that has been evolving over the past few years. It has gained immense popularity among commercial and residential end-users owing to its cost effectiveness, energy efficiency, reliability and quality of light output. The growth factor for this market is increasing adoption of LED lights in general as they are more efficient than incandescent bulbs and consume less power.
Outdoor LED Waterproof Lighting:
Outdoor LED waterproof lighting is a new product category in the market. It is an innovative and intelligent solution for outdoor applications such as walkways, patio, pool areas, decks and others. The technology has evolved over time with many new advancements such as Wi-Fi control by smartphone app control from mobile devices or even tablet computers. This advanced feature allows the user to change the light setting according to their needs without going near any switch or outlet controlling the light source itself.
Application Insights:
The commercial lighting segment led the global waterproof lighting market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in construction activities for commercial buildings, such as offices, hotels, malls and others across various regions including Asia Pacific and Middle East & Africa. Furthermore, increasing government initiatives towards establishment of new industrial zones with modern infrastructure will boost product demand over the coming years.
The residential lighting segment accounted for more than 35% share of the overall revenue in 2017 owing to rising adoption of LED products globally due to their low power consumption which helps households save money on electricity bills. Moreover, growing urbanization along with changing lifestyles has created a significant demand for smart homes which involve indoor waterproofing solutions as well as outdoor fixtures that offer integrated technologies such as motion detection systems and security cameras among other features commonly found in premium grade lights nowadays.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing construction activities in emerging countries, such as China and India. In addition, growing awareness regarding energy conservation and sustainable development is anticipated to drive product demand in this region.
The Asia Pacific region accounted for a share of more than 30% of global revenue in 2017 owing to high construction activities coupled with rising population across key emerging economies including China and India. Moreover, rapid urbanization along with increased infrastructure spending by governments across these countries will boost product demand over the coming years.
Europe was valued at USD X billion in 2017 owing to high adoption rates of technologically advanced products within this region especially due to growing concerns regarding power outages during storms/floods or emergencies situations that may occur due to natural calamities or man-made incidents such as terrorist attacks or pandemic outbreaks (flu).
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of waterproof lighting
- Growing popularity of LED technology
- Proliferation of smart cities and IoT-based applications
- Stringent government regulations for energy conservation
Scope Of The Report
Report Attributes
Report Details
Report Title
Waterproof Lighting Market Research Report
By Type
Indoor LED Waterproof Lighting, Outdoor LED Waterproof Lighting
By Application
Residential Lighting, Commercial Lighting, Industrial Lighting
By Companies
Philips Lighting, Noxion Lighting, Ledvance, OPPLE Lighting, Cree, TRILUX, Airfal, ABB(Cooper Industries), EAE Lighting, OSRAM, THORNeco (Zumtobel), Pelsan Lighting, LED LUKS, ZALUX, Hyundai Lighting, PTI Lighting, Sammode
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Waterproof Lighting Market Report Segments:
The global Waterproof Lighting market is segmented on the basis of:
Types
Indoor LED Waterproof Lighting, Outdoor LED Waterproof Lighting
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
Residential Lighting, Commercial Lighting, Industrial Lighting
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:
- Philips Lighting
- Noxion Lighting
- Ledvance
- OPPLE Lighting
- Cree
- TRILUX
- Airfal
- ABB(Cooper Industries)
- EAE Lighting
- OSRAM
- THORNeco (Zumtobel)
- Pelsan Lighting
- LED LUKS
- ZALUX
- Hyundai Lighting
- PTI Lighting
- Sammode
Highlights of The Waterproof Lighting 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:
- Indoor LED Waterproof Lighting
- Outdoor LED Waterproof Lighting
- By Application:
- Residential Lighting
- Commercial Lighting
- Industrial Lighting
- 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 Waterproof Lighting 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?
Waterproof lighting is a type of lighting that can resist water and moisture damage.
Some of the key players operating in the waterproof lighting market are Philips Lighting, Noxion Lighting, Ledvance, OPPLE Lighting, Cree, TRILUX, Airfal, ABB(Cooper Industries), EAE Lighting, OSRAM, THORNeco (Zumtobel), Pelsan Lighting, LED LUKS, ZALUX, Hyundai Lighting, PTI Lighting, Sammode.
The waterproof lighting market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Waterproof Lighting 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 Waterproof Lighting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Waterproof Lighting 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 Waterproof Lighting 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 Waterproof Lighting Market Size & Forecast, 2020-2028
4.5.1 Waterproof Lighting Market Size and Y-o-Y Growth
4.5.2 Waterproof Lighting 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 Indoor LED Waterproof Lighting
5.2.2 Outdoor LED Waterproof Lighting
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 Residential Lighting
6.2.2 Commercial Lighting
6.2.3 Industrial Lighting
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Waterproof Lighting 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 Waterproof Lighting 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 Indoor LED Waterproof Lighting
9.6.2 Outdoor LED Waterproof Lighting
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 Residential Lighting
9.10.2 Commercial Lighting
9.10.3 Industrial Lighting
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 Indoor LED Waterproof Lighting
10.6.2 Outdoor LED Waterproof Lighting
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 Residential Lighting
10.10.2 Commercial Lighting
10.10.3 Industrial Lighting
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 Indoor LED Waterproof Lighting
11.6.2 Outdoor LED Waterproof Lighting
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 Residential Lighting
11.10.2 Commercial Lighting
11.10.3 Industrial Lighting
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 Indoor LED Waterproof Lighting
12.6.2 Outdoor LED Waterproof Lighting
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 Residential Lighting
12.10.2 Commercial Lighting
12.10.3 Industrial Lighting
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 Indoor LED Waterproof Lighting
13.6.2 Outdoor LED Waterproof Lighting
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 Residential Lighting
13.10.2 Commercial Lighting
13.10.3 Industrial Lighting
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 Waterproof Lighting Market: Competitive Dashboard
14.2 Global Waterproof Lighting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips Lighting
14.3.2 Noxion Lighting
14.3.3 Ledvance
14.3.4 OPPLE Lighting
14.3.5 Cree
14.3.6 TRILUX
14.3.7 Airfal
14.3.8 ABB(Cooper Industries)
14.3.9 EAE Lighting
14.3.10 OSRAM
14.3.11 THORNeco (Zumtobel)
14.3.12 Pelsan Lighting
14.3.13 LED LUKS
14.3.14 ZALUX
14.3.15 Hyundai Lighting
14.3.16 PTI Lighting
14.3.17 Sammode
