Aquaculture Lighting Market Report 2023 (Global Edition)

Global Aquaculture Lighting Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Aquaculture Lighting Industry growth. Aquaculture Lighting market has been segmented with the help of its Type, Application Watt, and others. Aquaculture Lighting market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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Type Segment Analysis of Aquaculture Lighting Market

LED Bulb

The LED Bulb Market Size will be USD 200.49 Million by 2028.

An LED lamp, often known as an LED light bulb, is an electric light that uses light-emitting diodes to create light (LEDs). In the past, incandescent, fluorescent, and metal halide bulbs were used as artificial light sources in aquaculture. However, LED lamps are gaining adoption since they provide a broad range of control and can readily modify both intensity and spectrum. An indoor aquaculture light bulb is durable and can survive the high humidity levels in aquaculture. The LED lamps used in marine fisheries can endure the salt's corrosive effects. Under aquaculture circumstances, a decent aquaculture light can have a guaranteed life duration.

LED Tube Light

LED tubes are used to replace traditional fluorescent tubes in fluorescent tube luminaires with G5 and G13 bases. LED tube lights for aquaculture lighting provide a well-designed lighting system in rearing tanks, delivering homogeneous light throughout the water's surface. It has the proper color combination, which helps to promote and speed up the natural growth of organisms and food in the water. By lowering stress, the LED tube lights help to enhance animal well-being. For many aqua culturists, it is a cost-effective, energy-saving (up to 30-50 %), and mercury-free solution.

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Application Segment Analysis of Aquaculture Lighting Market

Fish

The Fish segment Revenue in the Aquaculture Lighting market is expected to reach USD 362.00 Million by 2028.

Light is an extremely effective strategy for increasing fish productivity and well-being. Aquaculture lighting is being widely employed to assist in a considerable increase in fish productivity. In general aquarium owners can use incandescent, fluorescent, or LED lighting for their fish. The appropriate light distribution also helps to avoid sea lice exposure and supports a lower food conversion ratio in aquaculture LED lighting. The fish's color is also enhanced by bright light. Many fish's pigments deepen under bright light, making them stand out.

Shellfish

Shellfish are aquatic creatures that have a shell or a shell-like surface. Shellfish cultivation, like fish farming, relies heavily on aquaculture lighting. For instance, supplemental lighting can boost shrimp productivity and have an impact on biofloc and shrimp nutritional properties in many circumstances in intensive indoor shrimp systems. Furthermore, shellfish, sea urchins, and sea cucumbers are frequent vectors for toxic microalgae, and intensive and poorly managed finfish and crustacean systems can contribute to the establishment of dangerous algal blooms. The aquaculture lighting can inhibit the development of these plants

Algae

Aquaculture lighting plays a significant role in algae growth. Algae may be used as a biofuel as well as a replacement in petrochemical processing plants. Aquaculture lightings are beneficial to biofuel producers because it may boost the pace of algae growth, resulting in higher biofuel production. During all stages of algal growth development, the most efficient lighting spectrum and design are applied to improve algae culture density.

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Aquaculture Lighting market report 2023 Edition by contacting our team.

Aquaculture Lighting Watt Segment Analysis

Below 100W

The Below 100W segment Revenue in Aquaculture Lighting market is anticipated to reach USD 82.84 Million by 2028.

The aquaculture light solutions with below 100W supports the development of sustainable aquaculture in small areas such as tank. It can provide small heat radiation and low light decay. Aquaculture light with below 100W is known to be an effective solution for farmers or aquaculturists as it consumes fuel in low quantity.

100W-200W

100W-200W light bulbs or tubes allows to create specific lighting conditions to optimize aquatic environments as fish develop. The solutions improve feed conversation rates, limit sexual maturation, and lower parasite infestations. It saves 

200W-300W

The aquaculture lighting with 200W-300W optimizes feeding and distribution of fish in tank. The light can be synchronised with daily biological needs. It has low maintenance and expenses with effective light.

300W-400W

The aquaculture lighting with 300W-400W provides effective output in the production of fish, shellfish and algae production. 300W-400W type of bulbs or tubes provides a strong penetration in water. 

Above 400W

These are the highly effective light source than any other. The aquaculture light of above 400 watts proves to be a very good effect on fish biology. It also provides long service life.

• Below 100W
• 100W-200W
• 200W-300W
• 300W-400W
• Above 400W

Aquaculture Lighting Method Segment Analysis

Retrofit

The Retrofit segment Revenue in Aquaculture Lighting is estimated to reach USD 196.02 Million by 2028.

A retrofit, also known as relighting, is the process of renovating outdated aquaculture lighting fixtures and/or bulbs to enhance lighting output and temperature while releasing less heat and conserving energy. As a temporary solution for aquaculture lighting, retrofit is a cost-effective and quick option. Many aquaculturists who have already installed aquaculture lights are experiencing problems with light frequency or variance. Hence, aquaculturists frequently opt to retrofit installation for their aquaculture lights when new technologies emerge, such as the use of LED lights. It provides more light that improves the quality of plants and fish while also lowering labour and maintenance expenses.

New Installation

Aquaculture is being developed for a variety of reasons. It may both boost fish development and provide a favourable habitat for aquatic plants such as algae. As a result, many aquaculturists are installing new lighting systems to help them expand their operations. Commercial application of these innovative LED lighting systems might help increase production while also improving fish welfare at sea.

• Retrofit
• New Installation

Aquaculture Lighting Distribution Channel Segment Analysis

Distributors and Dealers/Retailers

The Distributors and Dealers/Retailers segment Revenue in Aquaculture Lighting is projected to reach USD 195.04 Million by 2028.

The aquaculture lights are provided by distributors and dealers and are specially developed to boost the growth of a variety of fish species. To expand their sales, several aquaculture lighting manufacturers rely on distributors and retailers.

Online

Manufacturers of aquaculture lights are presently inclined toward online sales. In order to increase sales, the corporations opened their own online store. Customers may visit these online stores at any time and purchase items based on their needs and preferences. Similarly, there are several third-party online sales channels that advertise the producers' products to its end consumers.

Direct Sales

Direct selling is a retail channel used by various aquaculture bands and smaller, entrepreneurial companies to market products and services to farmers or end users. It can be done with one-on-one or in-person presentations, online meetings, or catalogues.

• Distributors and Dealers/Retailers
• Online
• Direct Sales

Aquaculture Lighting Market Regional Analysis

Region and country analysis section of Aquaculture Lighting Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Aquaculture Lighting market.

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.

Company Profile

EVERLIGHT ELECTRONICS CO. LTD

Everlight Electronics Co Ltd develops, manufactures, and distributes optoelectronic products. The major product of the company is optoelectronics components, which can be divided to lighting components and sensing components. Lighting components include visible and infrared LED, and sensing components include photodiodes, optical IC, and light sensing components, and also provide LED light sources, modules, and light engines.

Its components range from low and high-power light-emitting diodes (LEDs), thru-hole lamps, digital displays, infrared emitters, optical sensors, fiber optics, and optocouplers. The company’s products are utilized in lighting, home appliance, mobile device, online prints, automotive, telecommunication, and industrial market segments. The company also offers liquid crystal displays (LCDs) and related components. Although the company's operations are centralized in Taiwan, it caters to a list of global clients through a host of international sales offices.

RECENT NEWS

• November 2020, Everlight Electronics and the National Taiwan University’s team have developed LED lamps, especially for groupers!

Everlight Electronics Co., Ltd. cooperated with Professor Wang Yong-song’s team at the Institute of Fisheries Science, National Taiwan University to successfully develop a special LED lamp for groupers. This lamp expanded the illumination to biological agriculture applications such as animal husbandries and aquaculture fisheries and applied the wavelength adjustment technology of LED full spectrum to poultry, fish, and shrimp aquaculture

Top Companies Market Share in Aquaculture Lighting Industry: (In no particular order of Rank)

• GE Lighting
• Philips
• LEDVANCE
• NVC
• OPPLE
• Kingsun
• Panasonic
• FSL
• Pak
• Cree
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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