The plasma lightings are a type of gas discharge lamps that are energized by radio frequency power. The rise in the infrastructural development and growing markets for energy-efficient lightings has provided a significant boost to the plasma lighting market. High adoption of lights for cultivation across the globe with the demand for horticulture plasma lighting creates a favorable landscape for the market players in the forecast period.
MARKET DYNAMICS
The plasma lighting market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of infrastructure in emerging economies coupled with increasing demand for energy-efficient and durable lights. The rising number of indoor farms equipped with plasma lighting is further likely to augment market growth. However, high initial costs may hamper the growth of the plasma lighting market during the forecast period. On the other hand, the growing adoption of LEP lights in the marine application is likely to offer lucrative opportunities for the plasma lighting market players in the coming years.
MARKET SCOPE
The "Global Plasma Lighting Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of plasma lighting market with detailed market segmentation by component, wattage, application, and geography. The global plasma lighting market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading plasma lighting market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global plasma lighting market is segmented on the basis of component, wattage, and application. Based on component, the market is segmented as lightron, waveguide, cavity resonator, and bulb assembly. On the basis of the wattage, the market is segmented as 300W, 700W, and 1000W. The market on the basis of the application is classified as industrial, roadways, streets, and tunnels, sports & entertainment, horticulture, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global plasma lighting market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The plasma lighting market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting plasma lighting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the plasma lighting market in these regions.
MARKET PLAYERS
The reports cover key developments in the plasma lighting market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from plasma lighting market are anticipated to lucrative growth opportunities in the future with the rising demand for plasma lighting in the global market. Below mentioned is the list of few companies engaged in the plasma lighting market.
The report also includes the profiles of key plasma lighting companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Ampleon Netherlands B.V.
- Ceravision Limited
- Gavita International B.V.
- Green de Corp
- Griffin & Ray Inc
- Hive Lighting Inc.
- Ka Shui International Holdings Ltd.
- LHV ENERGY Co., Ltd.
- Pandora Green S.p.A.
- pinkRF