The Business Research Company’s High Intensity Discharge (HID) Bulbs Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, June 15, 2022 /EINPresswire.com/ — According to ‘High Intensity Discharge Bulbs Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the high intensity discharge (HID) bulbs market size is expected to decline to $2.47 billion in 2026 at a CAGR of -11.6%. Rising demand for bulbs with high luminaire value is driving the high intensity discharge (HID) bulbs market growth.
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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.
Global High Intensity Discharge Bulbs Market Trends
High intensity discharge (HID) bulbs market trends include companies focusing on introducing new technologically advanced products into the market. In addition to design, manufacturers are also focusing on energy-efficiency by investing in in-house R&D and forming strategic partnerships. Manufacturers are focusing on producing HID lamps with limited light pollution compared to LED and metal halide and improved life.
Global High Intensity Discharge Bulbs Market Segments
The global HID bulbs market is segmented:
By Product Type: Metal Halide Light, High-Pressure Sodium Light, Xenon Arc Light, Other
By Application: Industrial, Agriculture, Medical, Other
By Distribution Channel: OEM, Aftermarket
By Mode: Online, Offline
By Geography: The global high intensity discharge (HID) bulbs market analysis report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read more on the global HID bulbs market report here
High Intensity Discharge (HID) Bulbs Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides high intensity discharge (HID) bulbs market overviews, analyzes and forecasts market size and growth for the global HID bulbs market, high intensity discharge (HID) bulbs market share, high intensity discharge (HID) bulbs market segments and geographies, high intensity discharge (HID) bulbs market players, high intensity discharge (HID) bulbs market leading competitor revenues, profiles and market shares. The high intensity discharge bulbs market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s High Intensity Discharge (HID) Bulbs Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: 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, Halonix Limited, and Havells India Limited.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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