Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Marine Lighting Market by Type (LED, Fluorescent, Halogen, Xenon), By Application (Interior Decoration, Navigation, Inboard Lighting) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Marine Lighting Market by Type (LED, Fluorescent, Halogen, Xenon), By Application (Interior Decoration, Navigation, Inboard Lighting) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156464 3300 Machinery & Equipment 377 238 Pages 4.6 (50)

Market Overview:

The global marine lighting market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and low-maintenance lighting solutions in boats and ships. Additionally, the increasing popularity of LED lights is also contributing to the growth of this market. The marine LED lighting segment is expected to grow at a CAGR of 6.0% from 2018 to 2030, owing to its energy efficiency and low maintenance requirements as compared with other types of marine lights such as fluorescent and halogen lights.

Global Marine Lighting Industry Outlook

Product Definition:

Marine lighting is the use of artificial light to improve the visibility of a maritime environment, for navigational, security or aesthetic purposes. Marine lighting is often used in coastal areas and on boats.


The global LED lighting market is expected to witness significant growth over the forecast period. The growth of this industry can be attributed to several factors such as low power consumption, longer life span, and high efficiency among others. Moreover, increasing demand for energy-efficient lighting solutions in marine applications is also anticipated to drive the market during the forecast period.


Fluorescent lamps are one of the most commonly used lighting sources in marine applications. They produce a wide range of light with an extended spectrum that is suitable for deep-sea angling or fish farming. The high intensity discharge (HID) and incandescent lights use up to 80% less energy than fluorescent lights, however they do not offer any advantages over them regarding quality or reliability.

Application Insights:

The navigation application segment led the global marine lighting market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing adoption of LED lights for nautical purposes, such as bridge illumination, deckhouse lighting, and masthead lightings. Moreover, an increase in maritime trade across the globe has resulted in increased demand for vessels with advanced navigational capabilities that include GPS systems with enhanced accuracy and vessel-initiated waypoints that aid ships¢â‚¬â„¢ position fix during nighttime hours. This factor is anticipated to boost product demand over the coming years.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in total revenue owing to increasing demand from countries such as China, Japan, South Korea, and India. Increasing adoption of marine lighting for recreational activities such as fishing and white-water rafting has been driving regional growth. Moreover, growing awareness regarding maritime safety among boaters is anticipated to fuel product demand over the coming years.

Europe was estimated at USD X million in 2017 owing to high consumption levels from countries including Germany, Italy, France U K.

Growth Factors:

  • Increasing demand for energy-efficient lighting solutions
  • Rising awareness about the benefits of LED lights over traditional lighting sources
  • Proliferation of smart marine lighting systems that can be controlled and monitored remotely
  • Growing popularity of recreational boating and sailing activities
  • Emerging applications such as underwater illumination, boat dock lighting, and marina lighting

Scope Of The Report

Report Attributes

Report Details

Report Title

Marine Lighting Market Research Report

By Type

LED, Fluorescent, Halogen, Xenon

By Application

Interior Decoration, Navigation, Inboard Lighting

By Companies

Aqualuma, Signify, Koito, West Marine, Nemalux, Quick SpA, Hella marine, Lumitec, Marine Light Corp, DRSA, PTLX Global, ITC Marine, Ensto, E-LED Lighting, Lumishore, Attwood, BGB

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Marine Lighting Market Report Segments:

The global Marine Lighting market is segmented on the basis of:


LED, Fluorescent, Halogen, Xenon

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.


Interior Decoration, Navigation, Inboard 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:

  1. Aqualuma
  2. Signify
  3. Koito
  4. West Marine
  5. Nemalux
  6. Quick SpA
  7. Hella marine
  8. Lumitec
  9. Marine Light Corp
  10. DRSA
  11. PTLX Global
  12. ITC Marine
  13. Ensto
  14. E-LED Lighting
  15. Lumishore
  16. Attwood
  17. BGB

Global Marine Lighting Market Overview

Highlights of The Marine Lighting Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. LED
    2. Fluorescent
    3. Halogen
    4. Xenon
  1. By Application:

    1. Interior Decoration
    2. Navigation
    3. Inboard Lighting
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Marine 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

Global Marine Lighting Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Marine lighting is a type of lighting that is used on boats and ships. It includes both general illumination and navigation lights.

Some of the major companies in the marine lighting market are Aqualuma, Signify, Koito, West Marine, Nemalux, Quick SpA, Hella marine, Lumitec, Marine Light Corp, DRSA, PTLX Global, ITC Marine, Ensto, E-LED Lighting, Lumishore, Attwood, BGB.

The marine lighting market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Marine Lighting Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Marine Lighting Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Marine Lighting Market - Supply Chain
   4.5. Global Marine Lighting Market Forecast
      4.5.1. Marine Lighting Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Marine Lighting Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Marine Lighting Market Absolute $ Opportunity

5. Global Marine Lighting Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Marine Lighting Market Size and Volume Forecast by Type
      5.3.1. LED
      5.3.2. Fluorescent
      5.3.3. Halogen
      5.3.4. Xenon
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Marine Lighting Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Marine Lighting Market Size and Volume Forecast by Application
      6.3.1. Interior Decoration
      6.3.2. Navigation
      6.3.3. Inboard Lighting
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Marine Lighting Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Marine Lighting Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Marine Lighting Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Marine Lighting Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Marine Lighting Demand Share Forecast, 2019-2026

9. North America Marine Lighting Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Marine Lighting Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Marine Lighting Market Size and Volume Forecast by Application
      9.4.1. Interior Decoration
      9.4.2. Navigation
      9.4.3. Inboard Lighting
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Marine Lighting Market Size and Volume Forecast by Type
      9.7.1. LED
      9.7.2. Fluorescent
      9.7.3. Halogen
      9.7.4. Xenon
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Marine Lighting Demand Share Forecast, 2019-2026

10. Latin America Marine Lighting Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Marine Lighting Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Marine Lighting Market Size and Volume Forecast by Application
      10.4.1. Interior Decoration
      10.4.2. Navigation
      10.4.3. Inboard Lighting
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Marine Lighting Market Size and Volume Forecast by Type
      10.7.1. LED
      10.7.2. Fluorescent
      10.7.3. Halogen
      10.7.4. Xenon
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Marine Lighting Demand Share Forecast, 2019-2026

11. Europe Marine Lighting Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Marine Lighting Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Marine Lighting Market Size and Volume Forecast by Application
      11.4.1. Interior Decoration
      11.4.2. Navigation
      11.4.3. Inboard Lighting
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Marine Lighting Market Size and Volume Forecast by Type
      11.7.1. LED
      11.7.2. Fluorescent
      11.7.3. Halogen
      11.7.4. Xenon
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Marine Lighting Demand Share, 2019-2026

12. Asia Pacific Marine Lighting Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Marine Lighting Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Marine Lighting Market Size and Volume Forecast by Application
      12.4.1. Interior Decoration
      12.4.2. Navigation
      12.4.3. Inboard Lighting
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Marine Lighting Market Size and Volume Forecast by Type
      12.7.1. LED
      12.7.2. Fluorescent
      12.7.3. Halogen
      12.7.4. Xenon
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Marine Lighting Demand Share, 2019-2026

13. Middle East & Africa Marine Lighting Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Marine Lighting Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Marine Lighting Market Size and Volume Forecast by Application
      13.4.1. Interior Decoration
      13.4.2. Navigation
      13.4.3. Inboard Lighting
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Marine Lighting Market Size and Volume Forecast by Type
      13.7.1. LED
      13.7.2. Fluorescent
      13.7.3. Halogen
      13.7.4. Xenon
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Marine Lighting Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Marine Lighting Market: Market Share Analysis
   14.2. Marine Lighting Distributors and Customers
   14.3. Marine Lighting Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Aqualuma Overview Financials Developments Strategic Outlook
      14.4.2. Signify Overview Financials Developments Strategic Outlook
      14.4.3. Koito Overview Financials Developments Strategic Outlook
      14.4.4. West Marine Overview Financials Developments Strategic Outlook
      14.4.5. Nemalux Overview Financials Developments Strategic Outlook
      14.4.6. Quick SpA Overview Financials Developments Strategic Outlook
      14.4.7. Hella marine Overview Financials Developments Strategic Outlook
      14.4.8. Lumitec Overview Financials Developments Strategic Outlook
      14.4.9. Marine Light Corp Overview Financials Developments Strategic Outlook
      14.4.10. DRSA Overview Financials Developments Strategic Outlook
      14.4.11. PTLX Global Overview Financials Developments Strategic Outlook
      14.4.12. ITC Marine Overview Financials Developments Strategic Outlook
      14.4.13. Ensto Overview Financials Developments Strategic Outlook
      14.4.14. E-LED Lighting Overview Financials Developments Strategic Outlook
      14.4.15. Lumishore Overview Financials Developments Strategic Outlook
      14.4.16. Attwood Overview Financials Developments Strategic Outlook
      14.4.17. BGB Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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