The global underground LED light market will keep expanding from 2022 to 2026

It is estimated that the market of global underwater LED lighting was up to 302.2 Mn in 2021, and it expected to reach reach USD 394.96 Mn by 2026, growing at a CAGR of 5.5%.

Increased use of these underwater lights for night fishing and their installation in commercial swimming pools are expected to drive the growth of the market around the world. Furthermore, the increasing replacement of traditional lights with LEDs is also expected to make growth opportunities for the underwater lighting market

The Asia pacific area is estimated to lead the underwater lighting market from 2021 to 2024. Based on applications, the swimming pools segment will lead the underwater lighting market.Among the underwater lighting items, the surface mounted type is estimated to grow at a higher CAGR than the flush mounted type.Surface-mounting lights are attached to exposed ceiling with lighting fixtures visible. They are also installed in fountains,boats,yachts,pools,aquariums and ponds. Surface-mounted underwater lighting is cheaper because it does need drilling.

The famous market players in world market covers.

1)Hayward Industries, Inc., 
2)Acuity Brands, Inc. 
3)Shadow Caster, Inc. 
4)Signify Holding 
5)OceanLED Marine Ltd. 
6)Lumishore 
7)Attwood Corporation 
8)Aqualuma LED Lighting 
9)T-H Marine Supplies, Inc.  
10)Eaton Corporation plc