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High Intensity Discharge (HID) Bulbs Market Size Worth $3.46 Billion By 2025: The Business Research Company
High Intensity Discharge (HID) Bulbs Market
The high intensity discharge (HID) bulbs market report describes and explains the global high intensity discharge (HID) bulbs market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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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.
The global high intensity discharge (HID) bulbs market is expected to decline from $6.55 in billion 2020 to $5.66 billion in 2021 at a compound annual growth rate (CAGR) of -13.6%. The market's decline is attributed to the strict energy efficiency standards and growing inclination towards cost-effective substitutes. The HID bulbs market is expected to reach $3.46 billion in 2025 at a CAGR of -12%.
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Some of the major players of the high intensity discharge (HID) bulbs market are 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, and Halonix Limited.
The countries covered in the global high intensity discharge (HID) bulbs market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global high intensity discharge (HID) bulbs market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global high intensity discharge (HID) bulbs market is segmented -
1) By Product Type: Metal Halide Light, High-Pressure Sodium Light, Xenon Arc Light, Other
2) By Application: Industrial, Agriculture, Medical, Other
3) By Distribution Channel: OEM, Aftermarket
4) By Mode: Online, Offline
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Few Points From Table Of Content
1. Executive Summary
2. High Intensity Discharge (Hid) Bulbs Market Characteristics
3. High Intensity Discharge (Hid) Bulbs Market Trends And Strategies
4. Impact Of Covid-19 On High Intensity Discharge (Hid) Bulbs
5. High Intensity Discharge (Hid) Bulbs Market Size And Growth
...
26. Africa High Intensity Discharge (Hid) Bulbs Market
27. High Intensity Discharge (Hid) Bulbs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The High Intensity Discharge (Hid) Bulbs Market
29. High Intensity Discharge (Hid) Bulbs Market Future Outlook And Potential Analysis
30. Appendix
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