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Future of Global Plasma Lamps Market | Top Key Players-Topanga Technologies, Luxim Corporation, Luxim, ALVARA Cash Management Group AG, Ceravision Limited, Lumartix SA, Hive Lighting Inc.
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The plasma lamp market is growing at a significant rate due to power savings with the use of plasma lamps, long term savings and benefits, highest scotopic luminosity compared to any other lighting solutions, and longer lifespan of plasma lights compared to conventional lighting solutions.
Plasma lights offer the fullest spectrum of lighting and work through light emitting plasma bulbs which energize a quartz bulb to generate solid state light source. Usage of plasma lamps can save more than 40% of energy, which in turns save more than one-third of the electricity bills. Plasma lamps provide full spectrum light with maintaining the level of efficiency and removes the limitation of dealing with a limited LED spectrum. Moreover, plasma lamps are twice as efficient as LED bulbs available in the market.
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The plasma lamps can be sustained at powers less than 100 watts with the use of high dielectric waveguide. Plasma lamps also use the fill materials of conventional gas discharge lamps to eliminate the requirement of spinning the bulb. A system, high efficiency plasma lighting, with efficiency more than 80 lumens per watt was introduced; which has proved to be the most energy efficient light sources for industrial, commercial and outdoor lighting.
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Some of the factors driving the plasma lamp market are less heat emission compared to other light sources and less energy consumption to get the same visual acuity. High cost of plasma lamps and numerous substitutes available in the market at cheaper rates are some of the factors restraining the growth of the plasma lamp market.
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