Global Underwater Lighting Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

New Installations and Retrofit Installations.

By End-Use;

Swimming Pools, Boat/Yacht Lighting, Fountains and Others (Aquariums and Ponds).

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn738937703 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Underwater Lighting Market (USD Million), 2021 - 2031

In the year 2024, the Global Underwater Lighting Market was valued at USD 360.81 million. The size of this market is expected to increase to USD 528.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.

The global market for underwater lighting is expanding rapidly, driven by their increasing adoption across diverse sectors such as marine exploration, offshore industries, and recreational activities. These solutions are valued for enhancing aesthetics, ensuring safety, and improving visibility in underwater environments. The rise of underwater tourism has notably fueled demand, prompting resorts, underwater hotels, and tourist attractions worldwide to integrate advanced and visually striking lighting designs.

Key market players are actively innovating to develop underwater lighting solutions equipped with smart connected systems and advanced controls. These technologies enable dynamic lighting effects and efficient management of underwater illumination, catering to both functional and decorative needs. North America stands out as a major market for these solutions, driven by robust investments in marine infrastructure and recreational facilities.

Moreover, there is a growing emphasis on eco-friendly underwater lighting solutions aimed at minimizing pollution and preserving marine ecosystems. Manufacturers are increasingly focusing on sustainable practices and materials to mitigate any potential environmental impact, aligning with global efforts towards conservation and responsible marine management. This trend underscores the market's evolution towards more efficient and environmentally sensitive underwater lighting solutions to meet both regulatory requirements and consumer expectations worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End-Use
    3. Market Snapshot, By Region
  4. Global Underwater Lighting Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased Use in Recreational Activities
        2. Shift Towards LED Technology
        3. Growth in Marine Infrastructure
      2. Restraints
        1. High Initial Cost
        2. Environmental Concerns
      3. Opportunities
        1. Technological Advancements
        2. Focus on Sustainability
        3. Expansion into New Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Underwater Lighting Market, By Application, 2021 - 2031 (USD Million)
      1. New Installations
      2. Retrofit Installations
    2. Global Underwater Lighting Market, By End-Use, 2021 - 2031 (USD Million)
      1. Swimming Pools
      2. Boat/Yacht Lighting
      3. Fountains
      4. Others (Aquariums and Ponds)
    3. Global Underwater Lighting Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Hayward Industries, Inc
      2. Acuity Brands, Inc
      3. Shadow Caster, Inc
      4. Signify Holding
      5. Attwood Corporation
      6. Aqualuma LED Lighting
  7. Analyst Views
  8. Future Outlook of the Market