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Lighting Ballast Market - Recent Study including Growth Factors, Applications, Regional Analysis, Key Players and Forecasts

04-18-2018 06:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Ballast control circuit is a device that is placed in line up with a load in order to limit the amount of electricity or current flow in an appliance for improving the overall efficiency and to achieve different regulatory compliance. The primarily used building blocks that are majorly found across a ballast control circuit includes, an Electromagnetic Interference (EMI) filter, a full wave rectifier, an active PFC front end, a digital control section and a resonant lamp output stage.

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A ballast control circuit generally works as a fixed or variable resistor. Rising demand for ballast control circuit from different compact fluorescent lamps or from high intensity discharge lamps across the globe is one of the key factor anticipated to trigger the demand for ballast control circuit at an exponential rate during the forecast period from 2017 to 2025.

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Rising demand for LED lighting is one of the most important factor anticipated to boost the demand of lighting ballast at an exponential rate during the forecast period from 2017 to 2025. LEDs outperform the performance of conventional CCFLs (Cold Cathode Fluorescent Lamps) and LCDs (Liquid Crystal Displays) in term of energy efficiency, size, mechanical ruggedness and reliability.

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Moreover, the overall operating cost of a LED is low as compared to other lighting devices since LEDs consumes less power.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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