The Global Underwater Lighting Market is segmented further based on Application Type, Light Source Type, Mounting Type, Installation Type, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis

The Global Underwater Lighting Market is segmented further based on Application Type, Light Source Type, Mounting Type, Installation Type, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis

Introduction

The Global Underwater Lighting Market is estimated to be USD 302.2 Mn in 2021 and is expected to reach USD 394.96 Mn by 2026, growing at a CAGR of 5.5%

Market Dynamics

The Global Underwater Lighting Market is driving due to increasing demand for underwater lighting treatment in the various swimming pool, fountains, aquariums, and other applications. The benefits offered by aquatic lighting systems to fish attractors for night fishing are driving the market's growth. Moreover, the growing demand for Aesthetic water-featured landscaping helps fuel the market's growth. On the other hand, the high cost associated with installing energy-efficient LEDs is restricting the market and hampering the development of the global underwater lighting market.
Furthermore, replacing traditional lighting solutions with underwater lighting solutions, growing urbanization, and increasing government initiatives and support in adopting energy-efficient LEDs will create potential demand in the forecasted period. Moreover, high absorption of light underwater is the challenge that may negatively affect the market’s growth.

Market Segmentation

The Global Underwater Lighting Market is segmented further based on Application Type, Light Source Type, Mounting Type, Installation Type, and Geography.

By Application Type, the market is classified into Boating/Yacht Lighting, Fountains, Swimming Pools, and Others (includes Aquarium and Ponds).

By Light Source Type, the Underwater Lighting market is classified into LED, and Others include Halogen and Metal Halide Lamps.

By Mounting Type, the Underwater Lighting market is classified into Surface Mounted, and Flush Mounted.

By Installation Type, the Underwater Lighting market is classified into New Installations and Retrofit Installations.

By Geography, Asia Pacific is projected to lead the market.

Recent Developments

1. Eaton Corporation acquired Cobham Mission Systems to expand the offering of Eaton Aerospace’s fuel systems with higher growth- June 01, 2021
2. Lumishore partnership with Totallux in Holland for the expansion of Lumishore’s reach in the Dutch market- January 11, 2021
3. Hayward Industries, Inc partnered with Olympian Kathleen Baker to promote the superior swimming experiences provided by saltwater pools-May 01, 2020

Company Profiles

Some of the companies covered in this report are Acuity Brands, Inc, Aqualuma LED Lighting, Attwood Corporation, Eaton Corporation plc, Hayward Industries, Inc, Lumishore, OceanLED, Shadow-Caster, Inc, Signify Holding B.V, and T-H Marine Supplies, Inc., etc.

Countries Studied

America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

IGR Competitive Quadrant

The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

The report offers a comprehensive evaluation of the Global Underwater Lighting Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence’s Proprietary competitive positioning tool.

Report Highlights:

A complete analysis of the market, including parent industry
Important market dynamics and trends
Market segmentation
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market


Companies Mentioned
Companies Mentioned

Acuity Brands, Inc
Aqualuma LED Lighting
Arihant LED Lights Private Limited
Attwood Corporation
Batsystem i Goteborg AB
Bluefin LED
BIRNS, Inc
Dabmar Lighting, Inc
Deep Glow Underwater Lighting
Eaton Corporation plc
FIREWATER MARINE
G1 Energy Solutions Private Limited
Global Light & Power, LLC
Hayward Industries, Inc
Huaxia Lighting Co Ltd
Larson Electronics, LLC
Lights Camera Action, LLC
Light & Motion
Lumishore
Monroe Engineering Products
OceanLED
Perko, Inc
Shadow-Caster, Inc
Shenzhen Sanxinbao Semiconductor Lighting Co Ltd
Signify Holding B.V
Smart Systems Controls, Inc
Submertec
T-H Marine Supplies, Inc
Truck-Lite Co Ltd
Underwater Lights Limited
WIBRE

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 IGR Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Increasing Demand for Underwater Lighting in Various Applications
4.1.2 Growing Demand in Aesthetic Water-Featured Landscaping
4.1.3 Benefits for Fish Attractor for Night Fishing
4.2 Restraints
4.2.1 High Cost Associated with Energy-Efficient LEDs
4.3 Opportunities
4.3.1 Replacement of Traditional Lighting Solutions
4.3.2 Increasing Government Initiatives in Adoption of Energy-Efficient LEDs
4.4 Challenges
4.4.1 Increased Absorption of Light Underwater
5 Market Analysis
5.1 Porter’s Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis
6 Global Underwater Lighting Market, By Application Type
6.1 Introduction
6.2 Boating/Yacht Lighting
6.3 Fountains
6.4 Swimming Pools
6.5 Others
6.5.1 Aquarium
6.5.2 Ponds
7 Global Underwater Lighting Market, By Light Source Type
7.1 Introduction
7.2 LED
7.3 Others
7.3.1 Halogen
7.3.2 Metal Halide Lamps
8 Global Underwater Lighting Market, By Mounting Type
8.1 Introduction
8.2 Surface Mounted
8.3 Flush Mounted
9 Global Underwater Lighting Market, By Installation Type
9.1 Introduction
9.2 New Installations
9.3 Retrofit Installations
10 Global Underwater Lighting Market, By Geography
10.1 Introduction
10.1 America
10.1.1 Argentina
10.1.2 Brazil
10.1.3 Canada
10.1.4 Chile
10.1.5 Colombia
10.1.6 Mexico
10.1.7 Peru
10.1.8 United States
10.1.9 Rest of Americas
10.2 Europe
10.2.1 Austria
10.2.2 Belgium
10.2.3 Denmark
10.2.4 Finland
10.2.5 France
10.2.6 Germany
10.2.7 Italy
10.2.8 Netherlands
10.2.9 Norway
10.2.10 Poland
10.2.11 Russia
10.2.12 Spain
10.2.13 Sweden
10.2.14 Switzerland
10.2.15 United Kingdom
10.2.16 Rest of Europe
10.3 Middle East and Africa
10.3.1 Egypt
10.3.2 Israel
10.3.3 Qatar
10.3.4 Saudi Arabia
10.3.5 South Africa
10.3.6 United Arab Emirates
10.3.7 Rest of MEA
10.4 Asia-Pacific
10.4.1 Australia
10.4.2 Bangladesh
10.4.3 China
10.4.4 India
10.4.5 Indonesia
10.4.6 Japan
10.4.7 Malaysia
10.4.8 Philippines
10.4.9 Singapore
10.4.10 South Korea
10.4.11 Sri Lanka
10.4.12 Thailand
10.4.13 Taiwan
10.4.14 Rest of Asia
11 Competitive Landscape
11.1 IGR Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 Acuity Brands, Inc
12.2 Aqualuma LED Lighting
12.3 Arihant LED Lights Private Limited
12.4 Attwood Corporation
12.5 Batsystem i Goteborg AB
12.6 Bluefin LED
12.7 BIRNS, Inc
12.8 Dabmar Lighting, Inc
12.9 Deep Glow Underwater Lighting
12.10 Eaton Corporation plc
12.11 FIREWATER MARINE
12.12 G1 Energy Solutions Private Limited
12.13 Global Light & Power, LLC
12.14 Hayward Industries, Inc
12.15 Huaxia Lighting Co Ltd
12.16 Larson Electronics, LLC
12.17 Lights Camera Action, LLC
12.18 Light & Motion
12.19 Lumishore
12.20 Monroe Engineering Products
12.21 OceanLED
12.22 Perko, Inc
12.23 Shadow-Caster, Inc
12.24 Shenzhen Sanxinbao Semiconductor Lighting Co Ltd
12.25 Signify Holding B.V
12.26 Smart Systems Controls, Inc
12.27 Submertec
12.28 T-H Marine Supplies, Inc
12.29 Truck-Lite Co Ltd
12.30 Underwater Lights Limited
12.31 WIBRE
13 Appendix
13.1 Questionnaire

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