Global High Intensity Discharge (HID) Bulbs Market
Electrical And Electronics Manufacturing

Global High Intensity Discharge (HID) Bulbs Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global High Intensity Discharge (HID) Bulbs Market Report by The Business Research Company covers HID bulbs market drivers and restraints, HID bulbs market size, major players, and the impact of COVID-19 on the high intensity discharge bulbs market.

The high intensity discharge (HID) bulbs market consists of sales of high intensity discharge bulbs which include high-pressure sodium lamps, mercury vapor lamps, and metal halide lamps. High-intensity discharge light bulbs and lamps are a family of gas-discharge arc lamps which create light by sending an electrical discharge between two electrodes and through a plasma, or ionized gas.

Rising demand for bulbs with high luminaire value is driving the high intensity discharge bulb market. The global high intensity discharge (HID) bulbs market is expected to decline from $6.55 in billion 2020 to $5.66 billion in 2021 at a compound annual growth rate (CAGR) of -13.6%. The market’s decline is attributed to the strict energy efficiency standards and growing inclination towards cost-effective substitutes. The HID bulbs market is expected to reach $3.46 billion in 2025 at a CAGR of -12%.


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Some high intensity discharge bulbs market trends include companies focusing on introducing new technologically advanced products into the market. In addition to design, manufacturers are also focusing on energy-efficiency by investing in in-house R&D and forming strategic partnerships. Manufacturers are focusing on producing HID lamps with limited light pollution compared to LED and metal halide, and improved life.


Global high intensity discharge bulbs market segments include:

1) By Product Type: Metal Halide Light, High-Pressure Sodium Light, Xenon Arc Light, Other.

2) By Application: Industrial, Agriculture, Medical, Other.

3) By Distribution Channel: OEM, Aftermarket.

4) By Mode: Online, Offline.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

 

Read More On The High Intensity Discharge (HID) Bulbs Global Market Report 2021: COVID-19 Impact And Recovery To 2030 At:
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The High Intensity Discharge (HID) Bulbs Global Market Report 2021: COVID-19 Impact And Recovery To 2030 is one of a series of new reports from The Business Research Company that provides high intensity discharge (HID) bulbs market overviews, analyzes and forecasts market size, share, high intensity discharge (HID) bulbs market players, high intensity discharge (HID) bulbs market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The high intensity discharge (HID) bulbs market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Where To Learn More:

Read High Intensity Discharge (HID) Bulbs Global Market Report 2021: COVID-19 Impact And Recovery To 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: Acuity Brands Lighting Inc., Lithonia Lighting, Bulbrite Industries Inc., Contrac Lighting, Crompton Greaves Ltd., EYE Lighting International of North America Inc., Feit Electric Company, General Electric Company, Halonix Limited, Havells India Limited, NVC Lighting Technology Corporation, OSRAM GmbH, Hella, Valeo, Koito, Panasonic, Hubbell, FSL, PAK, Yankon, Cnlight, Opple.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The High Intensity Discharge (HID) Bulbs Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The High Intensity Discharge (HID) Bulbs Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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