Marine Lighting Market to Reach US$ 3,083.73 Mn at a CAGR of 7.7% in 2027 | The Insight Partners
The global marine lighting market accounted for US$ 1,611.96 Mn in 2018 and is expected to reach US$ 3,083.73 Mn by 2027 with a CAGR growth rate of 7.7% during the forecast period.
APAC led the marine lighting market owing to the presence of a robust shipbuilding industry, with China, South Korea, and Japan being the three shipbuilding nations worldwide. Other factors, such as increasing global trade as well as and maritime regulations are among other factors that, have generated the demand for commercial ships, which has, in turn, led to the growth in the marine lighting market. China is anticipated to hold the largest share of the marine lighting market owing to the presence of robust commercial shipbuilding, such as bulk cargo ships and tankers. Moreover, South Korea is witnessing a high demand from the global market for LNG vessels. Moreover, other developing economies in the APAC region are also witnessing high growth in their shipbuilding and repair industry industries. Also, developed economies worldwide are noticing a high need for retrofitting in their aging fleet, thus thereby propelling the marine lighting market
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Marine Lighting Market: Strategic Insights
Market Size Value in US$ 1,611.96 Million in 2018 Market Size Value by US$ 3,083.73 Million by 2027 Growth rate CAGR of 7.7% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Marine Lighting Market: Strategic Insights
| Market Size Value in | US$ 1,611.96 Million in 2018 |
| Market Size Value by | US$ 3,083.73 Million by 2027 |
| Growth rate | CAGR of 7.7% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Market Insights
Increasing shipbuilding activities propelling the demand for the marine lighting market
The shipbuilding activities are growing across the globe, especially in the markets such as China and the US, owing to the increasing number of travelers and trade activities. The increasing shipbuilding activities across the globe are expected to influence the growth of marine lighting solutions positively. The growing seaborne trade activities across the globe owing to the healthy trade relation is another factor fueling the shipbuilding industry, which would result in increasing the demand for marine lighting solutions.
Growing adoption of LED lighting solutions offer a lucrative opportunity to the marine lighting market
The ship owners are installing LED lighting solutions to reduce the power consumption and operating costs of the ship. LED lighting solutions are also less vulnerable to get damaged by water; therefore, they are used in underwater lamps. The marine lighting market is undergoing an evolution from traditional lighting technologies to LED lighting solutions based on the user’s requirements, which is creating a high demand for LED marine lighting solutions.
Type Insights
The global marine lighting market, by type, has been segmented into functional lights and decorative lights. Functional lights provide the necessary lights for performing various operations and ensuring the safety of the vessel, while the decorative lights help improve the ambiance of the ship. The increasing number of commercial ships is a significant factor in driving the growth of the functional marine lighting market. However, the growing popularity of luxury vehicles is the major factor driving the growth of the decorative marine lighting market.
Application Insights
The global marine lighting market by application was led by the compartment and utility segment in 2018. When operating a vessel at night, it is vital for operators to maintain the capability to see underfoot, devoid of losing their night vision with a harsh, bright glare. Thus, utility light is required to illuminate deck areas as well as passageways, improving a boat's safety and overall ambiance. Further, boat utility lights can help direct light to precise areas requiring special attention.
End-user Insights
The global marine lighting market based on end-user is segmented into the commercial ship, passenger ship, and others. In commercial ships, lighting solutions play an important role in navigation, safety, and operations. In passenger's vessels, the design of the lighting solutions should match the interior and exterior design of the ship to make the ambiance appealing. The marine lighting solutions are known for their high energy consumption. Therefore, there is a shift of focus toward adopting energy-efficient solutions among the end-user segments. The marine lighting market by end-user is estimated to be dominated by commercial ships throughout the forecast period.
Marine Lighting Market Report Scope
Marine lighting solutions provided by the players vary in scale based on the size of vendors as well as their ability to manufacture hardware. Few of the recent developments are listed below:
- 2019 : R. STAHL TRANBERG launched the TRANBERG BlueLine Lighting Series. It is a comprehensive range of high quality, economical next-generation lighting for the marine industry.
- 2018 : Hella unveiled Sea Hawk 470 LED lamps suitable for illuminating decks as well as walkways beside ships and other related applications.
- 2017 : ITC introduced, VersiControlTM, RGB lighting control system for the marine industry. The solution offers ability to individually control the lighting with an all-in-one 4-zone control pad and/or a smartphone app.
GLOBAL MARINE LIGHTING – MARKET SEGMENTATION
By Type
- Functional
- Decorative
By Technology
- LED
- Halogen
- Xenon
- Fluorescent
By Application
- Navigational Light
- Dome Light
- Safety Light
- Compartment and Utility Light
- Docking Light
- Others
By End user
- Commercial Ship
- Passenger Ship
- Others
By Geography
North America
- U.S.
- Canada
- Mexico
Europe
- France
- Germany
- UK
- Italy
- Russia
- Rest of Europe
Asia Pacific (APAC)
- Australia
- China
- South Korea
- India
- Japan
- Rest of APAC
Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Company Profiles
- DRSA
- ENSTO Group
- HELLA GmbH & Co. KGaA (Hella Marine)
- Innovative Lighting
- ITC Marine
- Lumiron, Inc
- Lumitec LLC.
- NJZ Lighting Technology Co., Ltd
- Phoenix Products LLC
- The Carlisle & Finch Co
Other Market Players from Value Chain:
Hangzhou Jaiwill Technology Co., Ltd., Signify, KOITO MANUFACTURING CO., LTD, Osram GmbH, TACO Marine, and Foresti & Suardi are few other market players from value chain which are not profiled in the report and can be included based on request.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type , Technology , Application ; End-user
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Frequently Asked Questions
LED continues to dominate the marine lighting market by technology owing to its low energy consumption and ability to endure vibrations onboard marine vessels. The LED technology based lighting accounted for more than two fifth of the total market by technology
Compartment and utility owing to their large scope for functional as well as decorative applications especially across commercial ships have resulted in their considerably large application in the marine lighting market.
Factors such as presence of significantly large number of marine fleet owners as well as presence of prominent ship builders across the Asia-Pacific region is projected to provide numerous profitable business opportunities for the market players during the coming years. Subsequently driving the growth of the Asia-Pacific marine lighting industry growth.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Marine Lighting Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America- PEST Analysis
4.2.2 Europe- PEST Analysis
4.2.3 APAC- PEST Analysis
4.2.4 MEA- PEST Analysis
4.2.5 SAM- PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Marine Lighting Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Increasing shipbuilding activities to positively influence the marine lighting market
5.1.2 Modernization of existing fleet is expected to support the growth of marine lighting market
5.2 Market Restraints
5.2.1 Providing durable and efficient solutions at competitive prices
5.3 Market Opportunities
5.3.1 Growing adoption of LED lighting solutions is creating lucrative business opportunities
5.4 Future Trends
5.4.1 Growing trend for energy efficient and durable marine lighting solutions
5.5 Impact Analysis of Drivers and Restraints
6. Marine Lighting Market – Global Market Analysis
6.1 Global Marine Lighting Market Overview
6.2 Global Marine Lighting Market Forecast and Analysis
6.3 Market Positioning- Top Five Players
7. Marine Lighting Market– By Type
7.1 Overview
7.2 Global Marine Lighting Market Breakdown, by Type, 2018 & 2027
7.3 Functional Lightings
7.3.1 Overview
7.3.2 Global Functional Lightings Market, Revenue and Forecast, 2017– 2027 (US$ Mn)
7.4 Decorative Lightings
7.4.1 Overview
7.4.2 Global Decorative Lightings Market, Revenue and Forecasts, 2017–2027 (US$ Mn)
8. Marine Lighting Market– By Technology
8.1 Overview
8.2 Global Marine Lighting Market Breakdown, By Technology, 2018 & 2027
8.3 LED
8.3.1 Overview
8.3.2 Global LED Market Revenue and Forecast to 2027 (US$ Mn)
8.4 Halogen
8.4.1 Overview
8.4.2 Global Halogen Market Revenue and Forecast to 2027 (US$ Mn)
8.5 Fluorescent
8.5.1 Overview
8.5.2 Global Fluorescent Market Revenue and Forecast to 2027 (US$ Mn)
8.6 Xenon
8.6.1 Overview
8.6.2 Global Xenon Market Revenue and Forecast to 2027 (US$ Mn)
9. Marine Lighting Market– By Application
9.1 Overview
9.2 Marine lighting Market Breakdown, By Application, 2018 & 2027
9.3 Navigation Lights
9.3.1 Overview
9.3.2 Global Navigation Lights Market Revenue and Forecast to 2027 (US$ Mn)
9.4 Dome Lights
9.4.1 Overview
9.4.2 Global Dome Lights Market Revenue and Forecast to 2027 (US$ Mn)
9.5 Compartment and Utility Lights
9.5.1 Overview
9.5.2 Global Compartment and Utility Lights Market Revenue and Forecast to 2027 (US$ Mn)
9.6 Safety Lights
9.6.1 Overview
9.6.2 Global Safety Lights Market Revenue and Forecast to 2027 (US$ Mn)
9.7 Docking Lights
9.7.1 Overview
9.7.2 Global Docking Lights Market Revenue and Forecast to 2027 (US$ Mn)
9.8 Others
9.8.1 Overview
9.8.2 Global Others Market Revenue and Forecast to 2027 (US$ Mn)
10. Marine Lighting Market–By End User
10.1 Overview
10.2 Marine Lighting Market Breakdown, By End User, 2018 & 2027
10.3 Commercial Ships
10.3.1 Overview
10.3.2 Commercial Ship Market, Forecasts and Analysis
10.4 Passenger Ships
10.4.1 Overview
10.4.2 Passenger Ships Market, Forecast and Analysis
10.5 Others
10.5.1 Overview
10.5.2 Others Market, Forecast and Analysis
11. Marine Lighting Market - Geographic Analysis
11.1 Overview
11.2 North America Marine Lighting Market Revenue and Forecast to 2027
11.2.1 Overview
11.2.2 North America Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.2.3 North America Marine Lighting Market Breakdown, By Type
11.2.4 North America Marine Lighting Market Breakdown, By Technology
11.2.5 North America Marine Lighting Market Breakdown, By Application
11.2.6 North America Marine Lighting Market Breakdown, By End-user
11.2.7 North America Marine Lighting Market Breakdown, By Country
11.2.7.1 US Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.2.7.1.1 US Marine Lighting Market Breakdown, By Type
11.2.7.1.2 US Marine Lighting Market Breakdown, By Technology
11.2.7.1.3 US Marine Lighting Market Breakdown, By Application
11.2.7.1.4 US Marine Lighting Market Breakdown, By End-user
11.2.7.2 Canada Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.2.7.2.1 Canada Marine Lighting Market Breakdown, By Type
11.2.7.2.2 Canada Marine Lighting Market Breakdown, By Technology
11.2.7.2.3 Canada Marine Lighting Market Breakdown, By Application
11.2.7.2.4 Canada Marine Lighting Market Breakdown, By End-user
11.2.7.3 Mexico Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.2.7.3.1 Mexico Marine Lighting Market Breakdown, By Type
11.2.7.3.2 Mexico Marine Lighting Market Breakdown, By Technology
11.2.7.3.3 Mexico Marine Lighting Market Breakdown, By Application
11.2.7.3.4 Mexico Marine Lighting Market Breakdown, By End-user
11.3 Europe Marine Lighting Market Revenue and Forecast to 2027
11.3.1 Overview
11.3.2 Europe Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.3.3 Europe Marine Lighting Market Breakdown, By Type
11.3.4 Europe Marine Lighting Market Breakdown, By Technology
11.3.5 Europe Marine Lighting Market Breakdown, By Application
11.3.6 Europe Marine Lighting Market Breakdown, By End-user
11.3.7 Europe Marine Lighting Market Breakdown, By Country
11.3.7.1 Germany Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.3.7.1.1 Germany Marine Lighting Market Breakdown, By Type
11.3.7.1.2 Germany Marine Lighting Market Breakdown, By Technology
11.3.7.1.3 Germany Marine Lighting Market Breakdown, By Application
11.3.7.1.4 Germany Marine Lighting Market Breakdown, By End-user
11.3.7.2 France Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.3.7.2.1 France Marine Lighting Market Breakdown, by Type
11.3.7.2.2 France Marine Lighting Market Breakdown, By Technology
11.3.7.2.3 France Marine Lighting Market Breakdown, By Application
11.3.7.2.4 France Marine Lighting Market Breakdown, By End-user
11.3.7.3 Italy Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.3.7.3.1 Italy Marine Lighting Market Breakdown, By Type
11.3.7.3.2 Italy Marine Lighting Market Breakdown, By Technology
11.3.7.3.3 Italy Marine Lighting Market Breakdown, By Application
11.3.7.3.4 Italy Marine Lighting Market Breakdown, By End-user
11.3.7.4 UK Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.3.7.4.1 UK Marine Lighting Market Breakdown, By Type
11.3.7.4.2 UK Marine Lighting Market Breakdown, By Technology
11.3.7.4.3 UK Marine Lighting Market Breakdown, By Application
11.3.7.4.4 UK Marine Lighting Market Breakdown, By End-user
11.3.7.5 Russia Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.3.7.5.1 Russia Marine Lighting Market Breakdown, By Type
11.3.7.5.2 Russia Marine Lighting Market Breakdown, By Technology
11.3.7.5.3 Russia Marine Lighting Market Breakdown, By Application
11.3.7.5.4 Russia Marine Lighting Market Breakdown, By End-user
11.3.7.6 Rest of Europe Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.3.7.6.1 Rest of Europe Marine Lighting Market Breakdown, By Type
11.3.7.6.2 Rest of Europe Marine Lighting Market Breakdown, By Technology
11.3.7.6.3 Rest of Europe Marine Lighting Market Breakdown, By Application
11.3.7.6.4 Rest of Europe Marine Lighting Market Breakdown, By End-user
11.4 APAC Marine Lighting Market Revenue and Forecast to 2027
11.4.1 Overview
11.4.2 APAC Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.4.3 APAC Marine Lighting Market Breakdown, By Type
11.4.4 APAC Marine Lighting Market Breakdown, By Technology
11.4.5 APAC Marine Lighting Market Breakdown, By Application
11.4.6 APAC Marine Lighting Market Breakdown, By End-user
11.4.7 APAC Marine Lighting Market Breakdown, By Country
11.4.7.1 China Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.4.7.1.1 China Marine Lighting Market Breakdown, By Type
11.4.7.1.2 China Marine Lighting Market Breakdown, By Technology
11.4.7.1.3 China Marine Lighting Market Breakdown, By Application
11.4.7.1.4 China Marine Lighting Market Breakdown, By End-user
11.4.7.2 Japan Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.4.7.2.1 Japan Marine Lighting Market Breakdown, By Type
11.4.7.2.2 Japan Marine Lighting Market Breakdown, By Technology
11.4.7.2.3 Japan Marine Lighting Market Breakdown, By Application
11.4.7.2.4 Japan Marine Lighting Market Breakdown, By End-user
11.4.7.3 India Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.4.7.3.1 India Marine Lighting Market Breakdown, By Type
11.4.7.3.2 India Marine Lighting Market Breakdown, By Technology
11.4.7.3.3 India Marine Lighting Market Breakdown, By Application
11.4.7.3.4 India Marine Lighting Market Breakdown, By End-user
11.4.7.4 South Korea Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.4.7.4.1 South Korea Marine Lighting Market Breakdown, By Type
11.4.7.4.2 South Korea Marine Lighting Market Breakdown, By Technology
11.4.7.4.3 South Korea Marine Lighting Market Breakdown, By Application
11.4.7.4.4 South Korea Marine Lighting Market Breakdown, By End-user
11.4.7.5 Australia Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.4.7.5.1 Australia Marine Lighting Market Breakdown, By Type
11.4.7.5.2 Australia Marine Lighting Market Breakdown, By Technology
11.4.7.5.3 Australia Marine Lighting Market Breakdown, By Application
11.4.7.5.4 Australia Marine Lighting Market Breakdown, By End-user
11.4.7.6 Rest of APAC Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.4.7.6.1 Rest of APAC Marine Lighting Market Breakdown, By Type
11.4.7.6.2 Rest of APAC Marine Lighting Market Breakdown, By Technology
11.4.7.6.3 Rest of APAC Marine Lighting Market Breakdown, By Application
11.4.7.6.4 Rest of APAC Marine Lighting Market Breakdown, By End-user
11.5 MEA Marine Lighting Market Revenue and Forecast to 2027
11.5.1 Overview
11.5.2 MEA Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.5.3 MEA Marine Lighting Market Breakdown, by Type
11.5.4 MEA Marine Lighting Market Breakdown, By Technology
11.5.5 MEA Marine Lighting Market Breakdown, By Application
11.5.6 MEA Marine Lighting Market Breakdown, By End-user
11.5.7 MEA Marine Lighting Market Breakdown, By Country
11.5.7.1 UAE Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.5.7.1.1 UAE Marine Lighting Market Breakdown, By Type
11.5.7.1.2 UAE Marine Lighting Market Breakdown, By Technology
11.5.7.1.3 UAE Marine Lighting Market Breakdown, By Application
11.5.7.1.4 UAE Marine Lighting Market Breakdown, By End-user
11.5.7.2 Saudi Arabia Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.5.7.2.1 Saudi Arabia Marine Lighting Market Breakdown, By Type
11.5.7.2.2 Saudi Arabia Marine Lighting Market Breakdown, By Technology
11.5.7.2.3 Saudi Arabia Marine Lighting Market Breakdown, By Application
11.5.7.2.4 Saudi Arabia Marine Lighting Market Breakdown, By End-user
11.5.7.3 South Africa Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.5.7.3.1 South Africa Marine Lighting Market Breakdown, By Type
11.5.7.3.2 South Africa Marine Lighting Market Breakdown, By Technology
11.5.7.3.3 South Africa Marine Lighting Market Breakdown, By Application
11.5.7.3.4 South Africa Marine Lighting Market Breakdown, By End-user
11.5.7.4 Rest of MEA Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.5.7.4.1 Rest of MEA Marine Lighting Market Breakdown, By Type
11.5.7.4.2 Rest of MEA Marine Lighting Market Breakdown, By Technology
11.5.7.4.3 Rest of MEA Marine Lighting Market Breakdown, By Application
11.5.7.4.4 Rest of MEA Marine Lighting Market Breakdown, By End-user
11.6 SAM Marine Lighting Market Revenue and Forecast to 2027
11.6.1 Overview
11.6.2 SAM Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.6.3 SAM Marine Lighting Market Breakdown, By Type
11.6.4 SAM Marine Lighting Market Breakdown, By Technology
11.6.5 SAM Marine Lighting Market Breakdown, By Application
11.6.6 SAM Marine Lighting Market Breakdown, By End-user
11.6.7 SAM Marine Lighting Market Breakdown, By Country
11.6.7.1 Brazil Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.6.7.1.1 Brazil Marine Lighting Market Breakdown, By Type
11.6.7.1.2 Brazil Marine Lighting Market Breakdown, By Technology
11.6.7.1.3 Brazil Marine Lighting Market Breakdown, By Application
11.6.7.1.4 Brazil Marine Lighting Market Breakdown, By End-user
11.6.7.2 Argentina Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.6.7.2.1 Argentina Marine Lighting Market Breakdown, By Type
11.6.7.2.2 Argentina Marine Lighting Market Breakdown, By Technology
11.6.7.2.3 Argentina Marine Lighting Market Breakdown, By Application
11.6.7.2.4 Argentina Marine Lighting Market Breakdown, By End-user
11.6.7.3 Rest of SAM Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
11.6.7.3.1 Rest of SAM Marine Lighting Market Breakdown, By Type
11.6.7.3.2 Rest of SAM Marine Lighting Market Breakdown, By Technology
11.6.7.3.3 Rest of SAM Marine Lighting Market Breakdown, By Application
11.6.7.3.4 Rest of SAM Marine Lighting Market Breakdown, By End-user
12. Industry Landscape
12.1 Market Initiative
12.2 New Development
13. Company Profiles
13.1 DRSA
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products & Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 ENSTO Group
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products & Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 HELLA GmbH & Co. KGaA (Hella Marine)
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Product & Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Innovative Lighting
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products & Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 ITC Marine
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products & Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Lumiron, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products & Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Lumitec LLC.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products & Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 NJZ Lighting Technology Co., Ltd.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products & Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Phoenix Products LLC
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products & Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 The Carlisle & Finch Co.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products & Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. Global Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Table 2. Global Marine Lighting Market Revenue and Forecast to 2027, By Geography (US$ Mn)
Table 3. North America Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 4. North America Marine Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 5. North America Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 6. North America Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 7. US Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 8. US Marine Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 9. US Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 10. US Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 11. Canada Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 12. Canada Marine Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 13. Canada Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 14. Canada Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 15. Mexico Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 16. Mexico Marine Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 17. Mexico Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 18. Mexico Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 19. Europe Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 20. Europe Marine Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 21. Europe Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 22. Europe Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 23. Germany Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 24. Germany Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 25. Germany Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 26. Germany Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 27. France Marine Lighting Market Revenue and Forecast to 2027 – by Type (US$ Mn)
Table 28. France Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 29. France Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 30. France Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 31. Italy Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 32. Italy Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 33. Italy Marine Lighting Market Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 34. Italy Marine Lighting Market Revenue and Forecast to 2027 – By End User (US$ Mn)
Table 35. UK Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 36. UK Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 37. UK Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 38. UK Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 39. Russia Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 40. Russia Marine Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 41. Russia Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 42. Russia Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 43. Rest of Europe Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 44. Rest of Europe Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 45. Rest of Europe Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 46. Rest of Europe Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 47. APAC Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 48. APAC Marine Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 49. APAC Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 50. APAC Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 51. China Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 52. China Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 53. China Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 54. China Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 55. Japan Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 56. Japan Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 57. Japan Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 58. Japan Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 59. India Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 60. India Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 61. India Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 62. India Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 63. South Korea Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 64. South Korea Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 65. South Korea Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 66. South Korea Marine Lighting Market Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 67. Australia Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 68. Australia Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 69. Australia Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 70. Australia Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 71. Rest of APAC Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 72. Rest of APAC Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 73. Rest of APAC Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 74. Rest of APAC Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 75. MEA Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 76. MEA Marine Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 77. MEA Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 78. MEA Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 79. UAE Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 80. UAE Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 81. UAE Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 82. UAE Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 83. Saudi Arabia Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 84. Saudi Arabia Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 85. Saudi Arabia Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 86. Saudi Arabia Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 87. South Africa Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 88. South Africa Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 89. South Africa Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 90. South Africa Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 91. Rest of MEA Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 92. Rest of MEA Marine Lighting Market Revenue and Forecast to 2027 – by Technology (US$ Mn)
Table 93. Rest of MEA Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 94. Rest of MEA Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 95. SAM Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 96. SAM Marine Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 97. SAM Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 98. SAM Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 99. Brazil Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 100. Brazil Marine Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 101. Brazil Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 102. Brazil Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 103. Argentina Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 104. Argentina Marine Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 105. Argentina Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 106. Argentina Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 107. Rest of SAM Marine Lighting Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 108. Rest of SAM Marine Lighting Market Revenue and Forecast to 2027 – By Technology (US$ Mn)
Table 109. Rest of SAM Marine Lighting Market Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 110. Rest of SAM Marine Lighting Market Revenue and Forecast to 2027 – By End-user (US$ Mn)
Table 111. Glossary of Terms, Educational Robot Market
LIST OF FIGURES
Figure 1. Marine Lighting Market Segmentation
Figure 2. Marine Lighting Market Segmentation – By Geography
Figure 3. Marine Lighting Market – Overview
Figure 4. Marine Lighting Market – By Geography
Figure 5. Marine Lighting Market – By Type
Figure 6. Marine Lighting Market – By Application
Figure 7. Marine Lighting Market – By Technology
Figure 8. Marine Lighting Market – By End-user
Figure 9. North America-PEST Analysis
Figure 10. Europe-PEST Analysis
Figure 11. APAC-PEST Analysis
Figure 12. MEA-PEST Analysis
Figure 13. SAM-PEST Analysis
Figure 14. Ecosystem Analysis – Marine Lighting Market
Figure 15. Expert Opinion
Figure 16. Enterprise Labeling Software Market Impact Analysis of Driver and Restraints
Figure 17. Global Marine Lighting Market- Geographical Analysis
Figure 18. Global Marine Lighting Market Forecast and Analysis, (US$ Mn)
Figure 19. Global Marine Lighting Market Breakdown, by Type, 2018 & 2027 (%)
Figure 20. Global Functional Lightings Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 21. Global Decorative Lightings Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 22. Global Marine Lighting Market Breakdown, by Technology, 2018 & 2027 (%)
Figure 23. Global LED Market Revenue and Forecast to 2027 (US$ Mn)
Figure 24. Global Halogen Market Revenue and Forecast to 2027 (US$ Mn)
Figure 25. Global Fluorescent Market Revenue and Forecast to 2027 (US$ Mn)
Figure 26. Global Xenon Market Revenue and Forecast to 2027 (US$ Mn)
Figure 27. Marine Lighting Market Breakdown, By Application, 2018 & 2027 (%)
Figure 28. Global Navigation Lights Market Revenue and Forecast to 2027 (US$ Mn)
Figure 29. Global Dome Lights Market Revenue and Forecast to 2027 (US$ Mn)
Figure 30. Global Compartment and Utility Lights Market Revenue and Forecast to 2027 (US$ Mn)
Figure 31. Global Safety Lights Market Revenue and Forecast to 2027 (US$ Mn)
Figure 32. Global Docking Lights Market Revenue and Forecast to 2027 (US$ Mn)
Figure 33. Global Others Market Revenue and Forecast to 2027 (US$ Mn)
Figure 34. Marine lighting Market Breakdown, By End User, 2018 & 2027 (%)
Figure 35. Commercial Ship Market, Revenue and Forecast, 2027–2027 (US$ Mn)
Figure 36. Passenger Ships Market, Revenue and Forecast, 2027–2027 (US$ Mn)
Figure 37. Others Market, Revenue and Forecast, 2027–2027 (US$ Mn)
Figure 38. Global Marine Lighting Market Breakdown, By Region, 2018 & 2027 (% Share)
Figure 39. North America Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 40. North America Marine Lighting Market Breakdown, By Type, 2018 & 2027 (% Share)
Figure 41. North America Marine Lighting Market Breakdown, By Technology, 2018 & 2027 (%)
Figure 42. North America Marine Lighting Market Breakdown, By Application, 2018 & 2027 (%)
Figure 43. North America Marine Lighting Market Breakdown, By End-user, 2018 & 2027 (%)
Figure 44. North America Marine Lighting Market Breakdown, By Country, 2018 & 2027(%)
Figure 45. US Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 46. Canada Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 47. Mexico Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 48. Europe Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 49. Europe Marine Lighting Market Breakdown, By Type, 2018 & 2027 (% Share)
Figure 50. Europe Marine Lighting Market Breakdown, By Technology, 2018 & 2027 (% Share)
Figure 51. Europe Marine Lighting Market Breakdown, By Application, 2018 & 2027 (%)
Figure 52. Europe Marine Lighting Market Breakdown, By End-user, 2018 & 2027 (%)
Figure 53. Europe Marine Lighting Market Breakdown, By Country, 2018 & 2027(%)
Figure 54. Germany Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 55. France Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 56. Italy Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 57. UK Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 58. Russia Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 59. Rest of Europe Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 60. APAC Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 61. APAC Marine Lighting Market Breakdown, By Type, 2018 & 2027 (%)
Figure 62. APAC Marine Lighting Market Breakdown, By Technology, 2018 & 2027 (%)
Figure 63. APAC Marine Lighting Market Breakdown, By Application, 2018 & 2027 (%)
Figure 64. APAC Marine Lighting Market Breakdown, By End-user, 2018 & 2027 (%)
Figure 65. APAC Marine Lighting Market Breakdown, By Country, 2018 & 2027(%)
Figure 66. China Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 67. Japan Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 68. India Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 69. South Korea Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 70. Australia Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 71. Rest of APAC Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 72. MEA Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 73. MEA Marine Lighting Market Breakdown, By Type, 2018 & 2027 (% Share)
Figure 74. MEA Marine Lighting Market Breakdown, By Technology, 2018 & 2027 (%)
Figure 75. MEA Marine Lighting Market Breakdown, By Application, 2018 & 2027 (%)
Figure 76. MEA Marine Lighting Market Breakdown, By End-user, 2018 & 2027 (%)
Figure 77. MEA Marine Lighting Market Breakdown, By Country, 2018 & 2027 (% Share)
Figure 78. UAE Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 79. Saudi Arabia Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 80. South Africa Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 81. Rest of MEA Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 82. SAM Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 83. SAM Marine Lighting Market Breakdown, By Type, 2018 & 2027 (%)
Figure 84. SAM Marine Lighting Market Breakdown, By Technology, 2018 & 2027 (%)
Figure 85. SAM Marine Lighting Market Breakdown, By Application, 2018 & 2027 (%)
Figure 86. SAM Marine Lighting Market Breakdown, By End-user, 2018 & 2027 (%)
Figure 87. SAM Marine Lighting Market Breakdown, By Country, 2018 & 2027(%)
Figure 88. Brazil Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 89. Argentina Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
Figure 90. Rest of SAM Marine Lighting Market Revenue and Forecast to 2027 (US$ Mn)
The List of Companies
- DRSA
- Ensto Group
- HELLA GmbH & Co. KGaA (Hella Marine)
- Innovative lighting
- ITC Marine
- Lumiron, Inc.
- Lumitec LLC
- NJZ Lighting Technology Co., Ltd.
- Phoenix Products LLC
- The Carlisle & Finch Co.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Marine Lighting Market
Dec 2019
Pluggable Optics for Data Center Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Switches, Routers, and Servers), Data Rate (100–400 Gb/s, 400–800 Gb/s, and 800 Gb/s and above), and Geography
Dec 2019
Collaborative Robots Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Payload (Up to 5 Kgs, 5-10 Kgs, and Above 10 Kgs), Application (Assembly, Material Handling, Pick & Place, Quality Testing, Packaging, Machine Tending, Welding, and Others), Type (Robotic Arm, Grippers, Welding Guns, and Others), End-User Industry (Automotive, Metal & Machinery, Electronics, Pharmaceuticals, Food & beverages, Logistics, and Others), and Geography
Dec 2019
Analog to Digital Converter Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Integrating Analog to Digital Converters, Delta-Sigma Analog to Digital Converters, Successive Approximation Analog to Digital Converters, Ramp Analog to Digital Converters, and Others), Resolution (8-Bit, 10-Bit, 12-Bit, 14-Bit, 16-Bit, and Others), and Application (Industrial, Consumer Electronics, Automotive, Healthcare, Telecommunication, and Others), and Geography
Dec 2019
Adaptive Traffic Control System Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Hardware, Software, and Services), Component (OPAC, SCOOT, RHODES, and SCATS), and Application [Highways and Urban (Cities)] and Geography
Dec 2019
3D Audio Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Component (Hardware, Software, and Services) and End Use Industries (Consumer Electronics, Automotive, Media and Entertainment, Gaming, and Others)
Dec 2019
Data Center Cooling Fans Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Axial Fans, Centrifugal Fans, Mixed Flow Fans, and Others), Data Center Type (Hyperscale Data Center, Colocation Data Center, Wholesale Data Center, Enterprise Data Center, and Edge Data Center), and Geography
Dec 2019
Chillers Market
Size and Forecast (2020–2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Chiller Technology (Air-Cooled, Water-Cooled, and Steam-Fired), Technology (Process Chillers, Scroll Chillers, Screw Chillers, Centrifugal Chillers, Absorption Chillers, Modular Chillers, and Reverse Cycle Chillers), and Application (Commercial, Industrial, and Residential) and Geography
Dec 2019
Valve Actuator Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By End-user (Mining, LNG, Chemical, Oil and Gas, Water and Wastewater, Others), Product Type (Electrical, Manual, Hydraulic, Pneumatic), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, South & Central America)
Get Free Sample For