PUBLISHER: Lucintel | PRODUCT CODE: 1386558
PUBLISHER: Lucintel | PRODUCT CODE: 1386558
Discharge Lighting Trends and Forecast
The future of the global discharge lighting market looks promising with opportunities in the entertainment venues, concerts,KTV, and bars markets. The global discharge lighting market is expected to grow with a CAGR of 4.9% from 2024 to 2030. The major drivers for this market are increasing demand for energy-efficient lighting solutions and growing adoption of LED technology.
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Discharge Lighting by Segment
The study includes a forecast for the global discharge lighting by type, application, and region.
Discharge Lighting Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Discharge Lighting Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Discharge Lighting Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Discharge Lighting Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies discharge lighting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the discharge lighting companies profiled in this report include-
Discharge Lighting Market Insights
Lucintel forecasts that high pressure discharge lamp is expected to witness highest growth over the forecast period due to highly efficient and can produce a lot of light, making them ideal for large-scale lighting applications.
Within this market, entertainment will remain the largest segment due to growing adaption of high usage of high-intensity discharge (HID) lamps and metal halide lamps to create a variety of different effects, such as strobes, chases, and washes.
APAC is expected to witness highest growth over the forecast period due to growing adoption of led technology in developing countries, such as china and india.
Features of the Global Discharge Lighting Market
Market Size Estimates: Discharge lighting market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Discharge lighting market size by type, application, and region in terms of value ($B).
Regional Analysis: Discharge lighting market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the discharge lighting market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the discharge lighting market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the discharge lighting market size?
Answer: The global discharge lighting market is expected to reach an estimated $xxx billion by 2030.
Q.2 What is the growth forecast for discharge lighting market?
Answer: The global discharge lighting market is expected to grow with a CAGR of 4.9% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the discharge lighting market?
Answer: The major drivers for this market are increasing demand for energy-efficient lighting solutions and growing adoption of led technology.
Q4. What are the major segments for discharge lighting market?
Answer: The future of the discharge lighting market looks promising with opportunities in the entertainment venues, concerts,KTV, and bars markets.
Q5. Who are the key discharge lighting market companies?
Answer: Some of the key discharge lighting companies are as follows:
Q6. Which discharge lighting market segment will be the largest in future?
Answer: Lucintel forecasts that high pressure discharge lamp is expected to witness highest growth over the forecast period due to highly efficient and can produce a lot of light, making them ideal for large-scale lighting applications.
Q7. In discharge lighting market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing adoption of led technology in developing countries, such as china and india.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.