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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Ship Searchlight market for 2018-2023.
A searchlight (or spotlight) is an apparatus that combines an extremely luminous source (traditionally a carbon arc lamp) with a mirrored parabolic reflector to project a powerful beam of light of approximately parallel rays in a particular direction, usually constructed so that it can be swiveled about.
Currently, The concentration of Ship Searchlight is not high, though the technical barriers and financial barriers of Ship Searchlight are low. The companies in the world that produce Ship Searchlight mainly concentrate in USA, Europe, China, Japan, Southeast Asia, India. Raw materials are also concentrated in these regions. In particular, as the market leader in Ship Searchlight, WISKA Hoppmann & Mulsow take the global market share of about 11.41%, other key manufacturers include TRANBERG, The Carlisle & Finch Company, Phoenix Products Company Inc, Perko, Ibak-marine, Karl-Dose, Den Haan Rotterdam, Daeyang Electric, Color Light AB and Current Corporation. The production of Ship Searchlight increased from 103.43 Million Units in 2011 to 115.51 Million Units in 2016, with an average growth rate of 2.23%. Global Ship Searchlight capacity utilization rate remained at around 78.94% in 2016.
Ship Searchlight can be classified as three types, such as Xenon, Halogen and Others. It can be widely used in many files. Survey results showed that 60.01% of the Ship Searchlight market is Halogen, 17.78% is Halogen, 22.21% divided among others in 2016. With the development of economy, Ship Searchlight has a huge market potential in the future.
The Ship Searchlight market is mainly driven by civil and military applications. Civilian direction is the main driver, accounting for 75.23% of the whole market. With the increase in global shipwreck and pirate activities gradually, the future ship searchlight market will steadily expanded.
Over the next five years, LPI(LP Information) projects that Ship Searchlight will register a 2.2% CAGR in terms of revenue, reach US$ 130 million by 2023, from US$ 120 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Ship Searchlight market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
- Civil Use
- Military Use
This report also splits the market by region:
- - United States
- - Canada
- - Mexico
- - Brazil
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- - Germany
- - France
- - UK
- - Italy
- - Russia
- - Spain
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- WISKA Hoppmann & Mulsow
- The Carlisle & Finch Company
- Phoenix Products Company Inc
- Den Haan Rotterdam
- Daeyang Electric
- Color Light AB
- Current Corporation
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Ship Searchlight consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Ship Searchlight market by identifying its various subsegments.
- Focuses on the key global Ship Searchlight manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Ship Searchlight with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Ship Searchlight submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.