The global marine navigation lights market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for marine navigation lights in passenger ships, cargo ships, and fishing boats. The increasing number of accidents due to lack of visibility has led to an increase in the demand for these products.
The white type segment is expected to dominate the global marine navigation lights market during the forecast period owing to its high visibility and low cost as compared with other types such as green and red types. Passenger ship segment is expected to dominate this market during the forecast period owing to its high demand from passenger ships which are used for transportation purposes across different regions globally. North America region is expected have a significant share in this market due its high adoption rate among countries such as Canada, US, Mexico, and Brazil among others which are major contributors towards this regional economy.
Some Of The Growth Factors Of This Market:
- Increasing demand for marine navigation lights in the Asia-Pacific region is expected to drive the growth of the market.
- Increasing demand for LED technology in marine navigation lights is expected to drive the growth of the market.
- Increasing focus on safety and security by governments across various regions is expected to drive the growth of this market.
- The increasing number of accidents at sea due to lack of visibility has led many countries such as India, China, and Japan among others, to mandate installation of navigation lights on vessels.
Industry Growth Insights published a new data on “Marine Navigation Lights Market”. The research report is titled “Marine Navigation Lights Market research by Types (White Type, Green Type, Red Type, Three-color Type, Others), By Applications (Passenger Ship, Cargo Ship, Fishing Boat, Others), By Players/Companies LALIZAS, Innovative Lighting, Osculati, Perko, VETUS, Seldén Mast, Lopolight, Eval, AAA WORLD-WIDE, Hella Marine, BREIZELEC-MANTAGUA, Daeyang Electric, Lonako”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Navigation Lights Market Research Report
By Type
White Type, Green Type, Red Type, Three-color Type, Others
By Application
Passenger Ship, Cargo Ship, Fishing Boat, Others
By Companies
LALIZAS, Innovative Lighting, Osculati, Perko, VETUS, Seldén Mast, Lopolight, Eval, AAA WORLD-WIDE, Hella Marine, BREIZELEC-MANTAGUA, Daeyang Electric, Lonako
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Marine Navigation Lights Market Report Segments:
The global Marine Navigation Lights market is segmented on the basis of:
Types
White Type, Green Type, Red Type, Three-color Type, Others
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, Fishing Boat, 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:
- LALIZAS
- Innovative Lighting
- Osculati
- Perko
- VETUS
- Seldén Mast
- Lopolight
- Eval
- AAA WORLD-WIDE
- Hella Marine
- BREIZELEC-MANTAGUA
- Daeyang Electric
- Lonako
Highlights of The Marine Navigation Lights 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:
- White Type
- Green Type
- Red Type
- Three-color Type
- Others
- By Application:
- Passenger Ship
- Cargo Ship
- Fishing Boat
- 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 Marine Navigation Lights 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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- Correctly Positioning New Products
- Market Entry Strategies
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- 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?
Marine navigation lights are a type of lighting used on ships and boats to help guide them in the night or in poor visibility. They can be either fixed or rotating, and are often used together with other navigational aids such as radar.
Some of the key players operating in the marine navigation lights market are LALIZAS, Innovative Lighting, Osculati, Perko, VETUS, SeldƒÂ©n Mast, Lopolight, Eval, AAA WORLD-WIDE, Hella Marine, BREIZELEC-MANTAGUA, Daeyang Electric, Lonako.
The marine navigation lights market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Marine Navigation Lights 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 Navigation Lights Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Marine Navigation Lights Market - Supply Chain
4.5. Global Marine Navigation Lights Market Forecast
4.5.1. Marine Navigation Lights Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Marine Navigation Lights Market Size (000 Units) and Y-o-Y Growth
4.5.3. Marine Navigation Lights Market Absolute $ Opportunity
5. Global Marine Navigation Lights 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 Navigation Lights Market Size and Volume Forecast by Type
5.3.1. White Type
5.3.2. Green Type
5.3.3. Red Type
5.3.4. Three-color Type
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Marine Navigation Lights 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 Navigation Lights Market Size and Volume Forecast by Application
6.3.1. Passenger Ship
6.3.2. Cargo Ship
6.3.3. Fishing Boat
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Marine Navigation Lights 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 Navigation Lights 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 Navigation Lights 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 Navigation Lights 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 Navigation Lights Demand Share Forecast, 2019-2026
9. North America Marine Navigation Lights 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 Navigation Lights 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 Navigation Lights Market Size and Volume Forecast by Application
9.4.1. Passenger Ship
9.4.2. Cargo Ship
9.4.3. Fishing Boat
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Marine Navigation Lights Market Size and Volume Forecast by Type
9.7.1. White Type
9.7.2. Green Type
9.7.3. Red Type
9.7.4. Three-color Type
9.7.5. Others
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 Navigation Lights Demand Share Forecast, 2019-2026
10. Latin America Marine Navigation Lights 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 Navigation Lights 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 Navigation Lights Market Size and Volume Forecast by Application
10.4.1. Passenger Ship
10.4.2. Cargo Ship
10.4.3. Fishing Boat
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Marine Navigation Lights Market Size and Volume Forecast by Type
10.7.1. White Type
10.7.2. Green Type
10.7.3. Red Type
10.7.4. Three-color Type
10.7.5. Others
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 Navigation Lights Demand Share Forecast, 2019-2026
11. Europe Marine Navigation Lights 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 Navigation Lights 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 Navigation Lights Market Size and Volume Forecast by Application
11.4.1. Passenger Ship
11.4.2. Cargo Ship
11.4.3. Fishing Boat
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Marine Navigation Lights Market Size and Volume Forecast by Type
11.7.1. White Type
11.7.2. Green Type
11.7.3. Red Type
11.7.4. Three-color Type
11.7.5. Others
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 Navigation Lights Demand Share, 2019-2026
12. Asia Pacific Marine Navigation Lights 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 Navigation Lights 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 Navigation Lights Market Size and Volume Forecast by Application
12.4.1. Passenger Ship
12.4.2. Cargo Ship
12.4.3. Fishing Boat
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Marine Navigation Lights Market Size and Volume Forecast by Type
12.7.1. White Type
12.7.2. Green Type
12.7.3. Red Type
12.7.4. Three-color Type
12.7.5. Others
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 Navigation Lights Demand Share, 2019-2026
13. Middle East & Africa Marine Navigation Lights 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 Navigation Lights 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 Navigation Lights Market Size and Volume Forecast by Application
13.4.1. Passenger Ship
13.4.2. Cargo Ship
13.4.3. Fishing Boat
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Marine Navigation Lights Market Size and Volume Forecast by Type
13.7.1. White Type
13.7.2. Green Type
13.7.3. Red Type
13.7.4. Three-color Type
13.7.5. Others
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 Navigation Lights Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Marine Navigation Lights Market: Market Share Analysis
14.2. Marine Navigation Lights Distributors and Customers
14.3. Marine Navigation Lights Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LALIZAS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Innovative Lighting
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Osculati
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Perko
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. VETUS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Seldén Mast
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lopolight
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Eval
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AAA WORLD-WIDE
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hella Marine
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BREIZELEC-MANTAGUA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Daeyang Electric
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Lonako
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
