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

The global high intensity discharge (HID) bulbs market is expected to decline from $4.44 in billion 2021 to $4.04 billion in 2022 at a compound annual growth rate (CAGR) of -8.9%. The HID bulb market’s decline is attributed to the strict energy efficiency standards and growing inclination towards cost-effective substitutes. The market is expected to decline to $2.47 billion in 2026 at a CAGR of -11.6%.

Rising demand for bulbs with high luminaire value is driving the high intensity discharge bulb market.

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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 (HID) 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, Halonix Limited, and Havells India 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 (2016-21) and ten years forecast (2022-2026-2031)

The High Intensity Discharge (HID) Bulbs Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 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, leading competitor revenues, profiles and market shares.

TBRC’s high intensity discharge (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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