Press release
Digital Ballast Market 2016 to grow at a CAGR of 11.7% during the period to 2020
Conventional farming methods are influenced by several factors, including weather, sunlight, temperature, and rainfall. Hence, it is difficult to guarantee a stable food supply through conventional farming. The yield in this model can be affected by natural disasters or the increasing shortage of cultivable land. Under these circumstances, vegetable factories that grow vegetables indoors without soil are becoming a global necessity. Vegetable factories control light, temperature, humidity, and nutrients with the help of computers and, occasionally, robots.
Global digital ballast market to grow at a CAGR of 11.7% during the period 2016-2020.
A bulb, a ballast, and a reflector constitute the light system necessary for an indoor gardening system. The ballast converts the energy required to power the lamp, carrying out the functions of an engine. Digital ballasts are used in high-intensity discharge (HID) lighting lamps such as high-pressure sodium (HPS) and metal halide (MH) systems.
Covered in this report
The report covers the present scenario and the growth prospects of the global digital ballast market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of digital ballasts.
The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW
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Global Digital Ballast Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Soils Tek
• Apollo Horticulture
• Galaxy
• Quantum
Other prominent vendors
• Gavita
• Nanolux
• Phantom Digital
• TECHONE
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Market driver
• Growing population and urbanization
• For a full, detailed list, view our report
Market challenge
• Need for continuous support and maintenance
• For a full, detailed list, view our report
Market trend
• Increase in R&D
• For a full, detailed list, view our report
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