As a demonstration study of low-resolution spectrophotometry, the photometric redshift estimation with narrow-band optical photometry of nine galaxy clusters is presented in this thesis. A complete data reduction process of the photometryusing up to 16 10nm wide narrow-band optical filters from 490nm − 660nm are provided. Narrow-band photometry data are combined with broad-band photometry (SDSS/Pan-STARRS) for photometric redshift fitting. With available spectroscopic redshift data from eight of the fields, I evaluated the fitted photometric redshift results and showed that combining broad-band photometric data with narrow-band data result in improvements of factor 2-3, compared to redshift estimations from broad-band photometry alone. With 15 or 16 narrow-band data combined with SDSS (Sloan Digital Sky Survey) or Pan-STARRS1 (The Panoramic Survey Telescope and Rapid Response System) data, a Normalized Median Absolute Deviation of σNMAD ∼ 0.01−0.016 can be achieved. The multiband images of galaxy cluster ABELL 611 have been used to further study intracluster light around its brightest cluster galaxy (BCG). It can be shown here that fitting of BCG+ICL stellar properties using the averaged 1-dimensional radial profile is possible up to ∼ 100kpc within this cluster. The decreasing in age of the stellar population as a function of radius from the BCG+ICL profile, though not entirely conclusive, demonstrates possible future application of low-resolution spectrophotometry on the ICL studies. Finally, Spectro-Photometer for the History of the Universe, Epoch of Reionization, and Ices Explorer (SPHEREx) mission planning study are covered, and a methodology of visualization tool for target availability is described.