Reef Aquariums Market - Outlook, and Opportunity Analysis, 2015 – 2026


Posted November 12, 2018 by aprilcota

The research report on Reef Aquariums Market is segmented by Product Type, by Application, by End Use, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2015 – 2026

 
Reef aquariums is a marine aquarium that displays live marine invertebrates, corals including hammer coral, candy cane coral, pulse coral and frogspawn coral. It also has various types of fish such as clownfish, tangs, and gobies, which play an important role in maintaining the tropical coral reef environment. A reef aquarium requires turbulent water movement, intense lighting, and more stable water chemistry.

Thus reef aquariums consist of various components such as lighting, stand, sump, refugium, canopy, Filtration, and water movement. However, small water volume and fluctuations in water quality require extra attention as compared to aquariums of larger water volume.

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However, high cost of the reef aquariums is one of the major restraining factor for growth of the global market.

Market Outlook

Asia Pacific held a dominant position in the global reef aquariums market in 2017, and it is expected to retain its dominance during the forecast period, owing to increasing consumer preferences towards reef aquarium due its benefits. Filtration in reef aquarium help to remove phosphate, iron, and nitrate from water and provide natural food source. It helps to remove discoloration of the water and remove dissolved matter such as organic to help purify the water in the reef system.

Key Trends

Key players are introducing new product and technology in the market for business expansion and product development. For instance, in May 2018, EHEIM presented the EHEIM LED control, a new wireless electronic lighting control system for setting (via WLAN) lighting scenes and light intensity as in nature. The controller operated via tablets or PC and smartphone without an app. Furthermore, the EHEIM stream control is a new electronic control system which is used for flow pumps and circulation for simulating natural water flows in the aquariums.

Key Players

Key players operating in the global reef aquariums market include, Jebao, API, Aqua Design Amano Co.,Ltd., EHEIM GmbH & Co. KG, AZOO, Interpet, JUWEL Aquarium AG & Co. KG, Arcadia, Tropical Marine Centre Limited, OASE GmbH, D-D The Aquarium Solution Ltd., and Spectrum Brands, Inc.

Market Taxonomy

On the basis of product type the global reef aquariums market is segmented into:

Natural
Artificial
On the basis of application the global reef aquariums market is segmented into:

Display Tank
Filtration
Lighting
Heating and Cooling
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Issued By Mr. Shah
Country United States
Categories Business
Tags reef aquariums market outlook , reef aquariums market size
Last Updated November 12, 2018