The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

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

The global high intensity discharge bulbs market is expected to grow from $3.99 billion in 2022 to $3.5 billion in 2023 at a compound annual growth rate (CAGR) of -12.2%. The global high intensity discharge (HID) bulbs market size is expected to grow to $1.9 billion in 2027 at a CAGR of -14.2%.

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Global High Intensity Discharge Bulbs Market Segments Include:

• By Product Type: Metal Halide Light, High-Pressure Sodium Light, Xenon Arc Light, Other Product Types
• By Application: Industrial, Agriculture, Medical, Other Applications
• 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. Among these regions, Asia Pacific is the largest region in the global high intensity discharge bulbs market in 2021.

Major Market Players in the high intensity discharge bulbs market include Acuity Brands Lighting Inc., Lithonia Lighting, Bulbrite Industries Inc., Contrac Lighting, Crompton Greaves Ltd., EYE Lighting International of North America Inc.

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.

The High Intensity Discharge Bulbs Global Market Report 2023  provides a high intensity discharge bulbs market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The high intensity discharge bulbs market forecast analyzes high intensity discharge bulbs market size, high intensity discharge bulbs market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

High-intensity discharge light bulbs and lamps are a family of gas-discharge arc lamps that create light by sending an electrical discharge between two electrodes and through plasma, or ionized gas.

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