Market Share of Underwater Lighting Industry
The underwater lighting market is competitive and consists of several players. With the LED lighting gaining popularity as a lighting source for underwater lighting, companies are continuously investing in this technology. Companies are also increasing their market presence by expanding their operations, or by entering into strategic mergers and acquisitions.
- July 2019 -S.R. Smith launched a new category of the pool and spa lighting, called as the Mod-Lite. The company's Mod-Lite system provides an update to the LED lighting and maintenance. Mod-Lite combines modular design with wireless power technology to offer better convenience, safety, and savings.
Underwater Lighting Market Leaders
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Eaton Corporation
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Signify Holding (Koninklijke Philips N.V.)
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Acuity Brands Inc.
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Hayward Industries Inc.
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Lumitec LLC
*Disclaimer: Major Players sorted in no particular order
