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The global marine lighting market size is projected to grow at a CAGR of 5% over the forecast period of 2021-2026. The global marine lighting market is being driven by the increase in the use of LEDs and the strict safety lighting regulations for the marine industry.
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In any marine vessel, including boats, cruise ships, merchant ships, and defence ships, marine LED lights play an important role. Marine LED lighting is water-resistant, rust-resistant, and durable, and hence, its demand among consumers is increasing.
Marine lighting provides lighting solutions for the interior and exterior of boats, yachts, cruise ships, merchant ships, and defence ships. The marine lighting market can be divided based on segments like type, ship type, technology, and application.
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The marine lighting fixtures can be divided into functional lights and decorative light, according to types. The marine lighting market, on the basis of its ship type, is segmented into passenger ship, commercial ship, and yacht. The industry is broadly categorised on the basis of its application into:
The industry can be divided on the basis of its technology into LED, fluorescent, halogen, and xenon.
The EMR report looks into the regional marine lighting markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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The growing demand for marine lighting is being driven by the increase in the use of LEDs and the strict safety lighting regulations for the marine industry. By 2026, functional lighting is expected to be the largest segment in the marine lighting market globally. It is estimated that light-emitting diodes (LEDs) have an important share in this industry. As LED lights are small in size, high in brightness, and high in luminous efficiency, they are replacing traditional marine lamps. Marine LED lights are used in a ship for various applications. They are used, among others, in alarm systems, navigation systems, and for reasons of underwater lighting. Marine LED lights are also used for signalling and other significant applications in underwater, as well as surface water ships/boats. They also last longer as compared to other lighting techniques. The compartment and utility light segment are expected to lead the global marine lighting market over the forecast period and aid the industry growth. The growing marine light market in countries like the UK is expected to propel the growth of the market further.
The report presents a detailed analysis of the following leading marine lighting companies, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Ship Type, Technology, Application, Region|
|Breakup by Type||Functional Lights, Decorative Light|
|Breakup by Ship Type||Passenger Ship, Commercial Ship, Yacht|
|Breakup by Technology||LED, Fluorescent, Halogen, Xenon|
|Breakup by Application||Navigation Lights, Dome Lights, Compartment & Utility Lights, Reading Lights, Docking Lights, Safety Light, Decorative Lights|
|Breakup by Region||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Market Dynamics||SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||Signify N.V., Hella KGaA Hueck & Co., Koito Manufacturing Co.,Ltd., OSRAM Licht AG, West Marine, Lumishore, Lumitec, LLC, NJZ Lighting Technology Co.,Ltd.|
|Report Price and Purchase Option||Explore our purchase options that are best suited to your resources and industry needs.|
|Delivery Format||Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.|
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Marine Lighting Market Analysis
8.1 Key Industry Highlights
8.2 Global Marine Lighting Historical Market (2016-2020)
8.3 Global Marine Lighting Market Forecast (2021-2026)
8.4 Global Marine Lighting Market by Type
8.4.1 Functional Light
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2016-2020)
220.127.116.11 Forecast Trend (2021-2026)
8.4.2 Decorative Light
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2016-2020)
126.96.36.199 Forecast Trend (2021-2026)
8.5 Global Marine Lighting Market by Ship Type
8.5.1 Passenger Ship
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2016-2020)
220.127.116.11 Forecast Trend (2021-2026)
8.5.2 Commercial Ship
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2016-2020)
126.96.36.199 Forecast Trend (2021-2026)
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2016-2020)
220.127.116.11 Forecast Trend (2021-2026)
8.6 Global Marine Lighting Market by Technology
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2016-2020)
126.96.36.199 Forecast Trend (2021-2026)
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2016-2020)
220.127.116.11 Forecast Trend (2021-2026)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2016-2020)
126.96.36.199 Forecast Trend (2021-2026)
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2016-2020)
220.127.116.11 Forecast Trend (2021-2026)
8.7 Global Marine Lighting Market by Application
8.7.1 Navigation Lights
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2016-2020)
126.96.36.199 Forecast Trend (2021-2026)
8.7.2 Dome Lights
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2016-2020)
220.127.116.11 Forecast Trend (2021-2026)
8.7.3 Compartment and Utility Lights
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2016-2020)
126.96.36.199 Forecast Trend (2021-2026)
8.7.4 Reading Lights
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2016-2020)
220.127.116.11 Forecast Trend (2021-2026)
8.7.5 Docking Lights
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2016-2020)
126.96.36.199 Forecast Trend (2021-2026)
8.7.6 Safety Light
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2016-2020)
220.127.116.11 Forecast Trend (2021-2026)
8.7.7 Decorative Lights
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2016-2020)
126.96.36.199 Forecast Trend (2021-2026)
8.8 Global Marine Lighting Market by Region
8.8.1 Market Share
188.8.131.52 North America
184.108.40.206 Asia Pacific
220.127.116.11 Latin America
18.104.22.168 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
22.214.171.124 United States of America
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
126.96.36.199 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Signify N.V.
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.2 HELLA GmbH & Co. KGaA
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.3 Koito Manufacturing Co.,Ltd.
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.4 OSRAM GmbH
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.5 West Marine, Inc.
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
13 Industry Events and Developments
List of Figures and Tables
1. Global Marine Lighting Market: Key Industry Highlights, 2016 and 2026
2. Global Marine Lighting Historical Market: Breakup by Type (USD Million), 2016-2020
3. Global Marine Lighting Market Forecast: Breakup by Type (USD Million), 2021-2026
4. Global Marine Lighting Historical Market: Breakup by Ship Type (USD Million), 2016-2020
5. Global Marine Lighting Market Forecast: Breakup by Ship Type (USD Million), 2021-2026
6. Global Marine Lighting Historical Market: Breakup by Technology (USD Million), 2016-2020
7. Global Marine Lighting Market Forecast: Breakup by Technology (USD Million), 2021-2026
8. Global Marine Lighting Historical Market: Breakup by Application (USD Million), 2016-2020
9. Global Marine Lighting Market Forecast: Breakup by Application (USD Million), 2021-2026
10. Global Marine Lighting Historical Market: Breakup by Region (USD Million), 2016-2020
11. Global Marine Lighting Market Forecast: Breakup by Region (USD Million), 2021-2026
12. North America Marine Lighting Historical Market: Breakup by Country (USD Million), 2016-2020
13. North America Marine Lighting Market Forecast: Breakup by Country (USD Million), 2021-2026
14. Europe Marine Lighting Historical Market: Breakup by Country (USD Million), 2016-2020
15. Europe Marine Lighting Market Forecast: Breakup by Country (USD Million), 2021-2026
16. Asia Pacific Marine Lighting Historical Market: Breakup by Country (USD Million), 2016-2020
17. Asia Pacific Marine Lighting Market Forecast: Breakup by Country (USD Million), 2021-2026
18. Latin America Marine Lighting Historical Market: Breakup by Country (USD Million), 2016-2020
19. Latin America Marine Lighting Market Forecast: Breakup by Country (USD Million), 2021-2026
20. Middle East and Africa Marine Lighting Historical Market: Breakup by Country (USD Million), 2016-2020
21. Middle East and Africa Marine Lighting Market Forecast: Breakup by Country (USD Million), 2021-2026
22. Global Marine Lighting Market Structure
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