Waterproof LED module applicable in an event of fully submerge of LED module in water. The enclosure of waterproof LED module protect it from foreign bodies, may include solid bodies and moving parts, such as debris, dust, and other solid matter, as well as it protect from liquid and moisture. The waterproof LED modules protection level is defined by sealing effectiveness of electrical enclosures against intrusion from foreign bodies. To define protection level of waterproof LED module, two digit IP (Ingress Protection) rating number is used, where first digit indicate protection from solids and second digit indicate protection from liquid and moisture. IP 68 rating is suitable for protection against prolonged submersion of LED module in water, rating below this such as IP 67 is suitable for protected against the events of temporary submersion for around 10 minutes. These high rating waterproof LED modules are suitable for unsealed outdoor location and  places that have a lot of debris, areas with heavy foot traffic,  high splash areas, high contact areas  where people touching LED modules, wet location or any applications that requires strength and waterproofing. Furthermore, waterproof LED module’s properties of protection from liquid allowed its application for awning, pool, deck, RV, boat, docks, or anything of that nature, as well as these are also applicable for fishing lighting, automotive, lighting of water fountain and awning of RV.

The global waterproof LED module market is primarily driven by the increasing demand of waterproof LED module from industrial segment for various applications that requires strength and waterproofing. Furthermore, waterproof LED module’s demand for application of unsealed outdoor location of architect segment is expected to grow during forecast period, further anticipated to contribute to the growth of global waterproof LED module market. The usage underwater lighting engineering for decoration of fish tank, aquarium, and fountain is increasing and consequently, expected to boost demand of waterproof LED module during forecast period. The interior and display design application for decoration of billboard, home, hotel, KTV, bar, disco, club, and outdoor illuminated signs are becoming popular, further expected to owes to growth of the global waterproof LED module market during forecast period.

The global waterproof LED module market has been segmented based on color of LED, application, end-use industry, and region. Based on color of waterproof LED module, the global waterproof LED module market can be classified into red, blue, green, white, and others. On basis of application, the global waterproof LED module market can be segmented into Interior design, advertisement, architectural, underwater lighting engineering, display designs and others. Based on end-use industry, the waterproof LED module market can be segmented into industrial, building and construction, defense and aerospace, and others. The industrial segment of the waterproof LED module expected to hold significant share during forecast period. In terms of region, the global waterproof LED module market can be segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America & Europe is anticipated to hold a significant share of the global waterproof LED module market. 

Key players operating in the global waterproof LED module market include Samsung, Epistar, SSC, LG, Innotek, Toyoda, SemiLEDS Corporation, Cree, Philips, Lumileads Holding B. V., Osram, Gosei, Nichia, and others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The report provides an in-depth analysis about the strategic business activities along with the market dynamics shaping the global waterproof LED module market over the period of study.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
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  • Emerging niche segments and regional markets
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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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