Learn about the global high intensity discharge (HID) bulbs market through The Business Research Company, which provides information on HID bulbs market size, HID bulbs market drivers and restraints, HID bulbs market players, the COVID-19 impact on the HID bulbs market, and more.

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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%.

Rising demand for bulbs with high luminaire value is expected to drive innovation in high intensity discharge bulbs manufacturing, thus driving the market during the forecast period.

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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.

Global high intensity discharge (HID) bulbs market segments include:

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

By Application: Industrial, Agriculture, Medical, Other

By Distribution Channel: OEM, Aftermarket

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.

HID bulbs manufacturing companies are 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.

TBRC’s high intensity discharge bulbs market report covers:

Major Market Players: 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, and Halonix Limited.

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)

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 HID bulbs market overviews, analyzes and forecasts market size, share, HID bulbs market players, HID bulbs market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s HID bulbs market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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