Global Waterproof Lamp Market Size, Share and Trends Analysis Report, By Type (Ceiling Mounting, Wall Mounting, Underwater Mounting, and Others), By Application (Household, Industrial, and Others), Forecast Period (2022-2028)

The global waterproof lamp market is anticipated to grow at a CAGR of 5.4% during the forecast period (2022-2028). The growth of the waterproof lamp market is aided by the expansion of smart cities, roads, stadiums, and airfields. In addition, rising urbanization, favorable government regulations, and significant cost savings are expected to drive demand for waterproof lamps in the future year. During the projected period, the waterproof lamp market is expected to rise at a rapid pace. With the growth of smart cities, smart waterproof lamp solutions have become more popular, allowing for remote control of all lighting spots via IoT technology. Highways, streets, stadiums, signage, and petrol stations are all places where a waterproof lamp can be found.

 

For safety, security, accessibility, evening aesthetics, sports, and social activities, these are utilized to illuminate public landscapes and gardens. Bridges, streets, parks, stadium freeways, tunnels, and parking lots all have these lights. The growing need for energy-efficient lighting, combined with the limited availability of energy, drives the market toward cost-effectiveness, boosting the rise of waterproof lamps all over the globe.

 

Some major players in the market include Arihant Global, EncapSulite, Koninklijke Philips N.V., Panasonic Holdings Corp., and Shangyuan, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.

 

Product Information

EncapSulite offers WaterGuard waterproof LED fixtures and fluorescent light fixtures. These are ideal for locations that require food-safe lightings, such as food preparation and inspection. Product inspection, amusement parks, vehicle washes, parking garages, maritime areas, tunnels, greenhouses, signage, water treatment facilities, bridges, ornamental lighting, and other applications are all widespread. Shatter-resistant fluorescent or LED illumination, mounting brackets, and a power cord are included with all WaterGuard weatherproof lighting options. Only a mild soap and water solution should be used to clean fixtures.

 

Koninklijke Philips N.V. offers Coreline WT120C 19W 1800lm – 840 Cool White. It is an attractive, energy-efficient, cheap, and simple-to-install lighting solution that can perfectly replace the existing light sources. The CoreLine LED products are able to work for extended lengths of time while keeping the same light intensity throughout their lifetime thanks to LED technology. Furthermore, LED technology saves energy by up to 75% when compared to traditional lights, lowering the cost of replacement and maintenance.

 

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Arihant Global, EncapSulite, Koninklijke Philips N.V., Panasonic Holdings Corp., Shangyuan, among others.

 

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

 

Global Waterproof Lamp Market Report by Segment

By Type

• Ceiling Mounting
• Wall Mounting
• Underwater Mounting
• Others

By Application

• Household
• Industrial
• Others

 

Global Waterproof Lamp Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa