Market Overview:
The global underwater lights market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for LED underwater lights and rising awareness about the benefits of using these lights. Underwater lights are used for various applications such as civil, military, and commercial purposes. The civil application segment is expected to dominate the global underwater light market during the forecast period owing to an increase in infrastructure development activities across the globe. The North American region is expected to lead the global underwater light market during the forecast period due to an increase in maritime trade and growing investments in port infrastructure development projects in this region.
Product Definition:
Underwater lights are used to light up an underwater area. This can be used for a variety of purposes, such as for swimming or diving, viewing marine life, or mapping the ocean floor.
Thru-Hull Mount:
Thru-hull mount is a method of mounting an underwater light in which the light is attached to the forward part of a vessel, usually by means of straps or chains. The thru-hull mount system offers several advantages over other types of mounts such as ease in changing lights, easy access to electrical components for maintenance and repairs, and low risk from fouling.
Surface Mount:
The surface mount is a method of soldering electronic components to a printed circuit board (PCB) without using any through-hole. It uses small pads or lands on the PCB as solder joints, which are placed in close proximity to the component leads. Surface mount technology is used for manufacturing various products such as connectors and sockets, integrated circuits (ICs), radio frequency identification tags & modules, LED drivers and indicators among others.
Application Insights:
The military application segment dominated the global underwater lights market in terms of revenue share in 2017. The growth can be attributed to increasing defense investments by various governments across the world. For instance, according to a document published by the Australian government, Australia¢â‚¬â„¢s under-water lighting program is expected to reach USD 78 million over the next four years. This funding will support eight new vessels and upgrade existing assets that are currently operating at 60% capacity or less.
Civil applications for underwater lights include commercial activities such as sport fishing, research activities and marine tourism which contribute significantly towards overall industry growth.
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 revenue share of more than 60% in 2017 owing to increasing demand from countries such as China, India, South Korea, and Japan. In addition, rising marine tourism has led to an increase in underwater lights installation along with it.
Europe also held a significant share of the overall industry due to growing adoption across countries such as Germany and U.K., which are among some of the most popular tourist destinations worldwide. Moreover, increasing military expenditure by various governments is anticipated to drive product demand across European nations over the next eight years or so until 2030 when compared with 2016 prices levels.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of underwater lights
- Growing popularity of LED technology
- Proliferation of smart home devices and the Internet of Things (IoT)
- Emerging applications for underwater lights
Scope Of The Report
Report Attributes
Report Details
Report Title
Underwater Lights Market Research Report
By Type
Thru-Hull Mount, Surface Mount, Others
By Application
Civil, Military
By Companies
Aqualuma, Attwood, OceanLED, Perko Inc., TH Marine, Dabmar, Deep Glow, Underwater Lights North America, Shadow-Caster Marine LEDs, Lumishore
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 Underwater Lights Market Report Segments:
The global Underwater Lights market is segmented on the basis of:
Types
Thru-Hull Mount, Surface Mount, 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
Civil, Military
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:
- Aqualuma
- Attwood
- OceanLED
- Perko Inc.
- TH Marine
- Dabmar
- Deep Glow
- Underwater Lights North America
- Shadow-Caster Marine LEDs
- Lumishore
Highlights of The Underwater 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:
- Thru-Hull Mount
- Surface Mount
- Others
- By Application:
- Civil
- Military
- 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 Underwater 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.
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?
Underwater lights are a type of artificial light that is used to illuminate underwater environments. They are often used in swimming pools and other recreational areas, as well as in commercial fishing operations.
Some of the key players operating in the underwater lights market are Aqualuma, Attwood, OceanLED, Perko Inc., TH Marine, Dabmar, Deep Glow, Underwater Lights North America, Shadow-Caster Marine LEDs, Lumishore.
The underwater lights market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Underwater 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. Underwater Lights Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Underwater Lights Market - Supply Chain
4.5. Global Underwater Lights Market Forecast
4.5.1. Underwater Lights Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Underwater Lights Market Size (000 Units) and Y-o-Y Growth
4.5.3. Underwater Lights Market Absolute $ Opportunity
5. Global Underwater 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. Underwater Lights Market Size and Volume Forecast by Type
5.3.1. Thru-Hull Mount
5.3.2. Surface Mount
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Underwater 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. Underwater Lights Market Size and Volume Forecast by Application
6.3.1. Civil
6.3.2. Military
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Underwater 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. Underwater 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 Underwater 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. Underwater 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 Underwater Lights Demand Share Forecast, 2019-2026
9. North America Underwater 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 Underwater 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 Underwater Lights Market Size and Volume Forecast by Application
9.4.1. Civil
9.4.2. Military
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Underwater Lights Market Size and Volume Forecast by Type
9.7.1. Thru-Hull Mount
9.7.2. Surface Mount
9.7.3. 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 Underwater Lights Demand Share Forecast, 2019-2026
10. Latin America Underwater 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 Underwater 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 Underwater Lights Market Size and Volume Forecast by Application
10.4.1. Civil
10.4.2. Military
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Underwater Lights Market Size and Volume Forecast by Type
10.7.1. Thru-Hull Mount
10.7.2. Surface Mount
10.7.3. 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 Underwater Lights Demand Share Forecast, 2019-2026
11. Europe Underwater 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 Underwater 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 Underwater Lights Market Size and Volume Forecast by Application
11.4.1. Civil
11.4.2. Military
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Underwater Lights Market Size and Volume Forecast by Type
11.7.1. Thru-Hull Mount
11.7.2. Surface Mount
11.7.3. 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 Underwater Lights Demand Share, 2019-2026
12. Asia Pacific Underwater 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 Underwater 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 Underwater Lights Market Size and Volume Forecast by Application
12.4.1. Civil
12.4.2. Military
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Underwater Lights Market Size and Volume Forecast by Type
12.7.1. Thru-Hull Mount
12.7.2. Surface Mount
12.7.3. 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 Underwater Lights Demand Share, 2019-2026
13. Middle East & Africa Underwater 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 Underwater 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 Underwater Lights Market Size and Volume Forecast by Application
13.4.1. Civil
13.4.2. Military
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Underwater Lights Market Size and Volume Forecast by Type
13.7.1. Thru-Hull Mount
13.7.2. Surface Mount
13.7.3. 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 Underwater Lights Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Underwater Lights Market: Market Share Analysis
14.2. Underwater Lights Distributors and Customers
14.3. Underwater Lights Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aqualuma
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Attwood
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. OceanLED
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 Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TH Marine
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dabmar
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Deep Glow
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Underwater Lights North America
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shadow-Caster Marine LEDs
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lumishore
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
