High Intensity Discharge (HID) Bulbs Global Market Report 2023

“High Intensity Discharge (HID) Bulbs Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on high intensity discharge (hid) bulbs market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for high intensity discharge (hid) bulbs ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The high intensity discharge (hid) bulbs market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product Type: Metal Halide Light; High-Pressure Sodium Light; Xenon Arc Light; Other Product Types

2) By Application: Industrial; Agriculture; Medical; Other Applications

3) By Distribution Channel: OEM; Aftermarket

4) By Mode: Online; Offline

Companies Mentioned: Acuity Brands Lighting Inc.; Lithonia Lighting; Bulbrite Industries Inc.; Contrac Lighting; Crompton Greaves Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in 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, Halonix Limited, and Havells India Limited.

The global high intensity discharge (HID) bulbs market will grow from $3.99 billion in 2022 to $3.5 billion in 2023 at a compound annual growth rate (CAGR) of -12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The high intensity discharge (HID) bulbs market is expected to grow to $1.9 billion in 2027 at a CAGR of -14.2%.

The high-intensity discharge (HID) bulbs market consists of sales of metal halide light, high-pressure sodium light, xenon arc light, and other high-intensity discharge (HID) bulbs. Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

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 main product types of high-intensity discharge (HID) bulbs are metal halide light, high-pressure sodium light, xenon arc light, and others. A metal halide lamp is an electrical lamp that generates light through an electric arc using a gaseous mixture of vaporized mercury and metal halides (compounds of metals with bromine or iodine). The products are operated through online, and offline modes and are distributed through OEM and aftermarket channels. The various application includes industrial, agriculture, medical, and others.

Rising demand for bulbs with high luminaire value is driving the high-intensity discharge bulb market. High-intensity discharge bulb (HID) headlamps provide high-intensity light on the road than the traditional halogen headlamps. HID headlamps provide cool white color at a temperature of 4,500 Kelvin compared to yellowish halogen headlamps at 3,200 Kelvin. Furthermore, HID lamps illuminate a larger area compared to halogen headlights.

Stringent energy efficiency standards and regulations imposed on the HID lamps are acting as a restraint on the market. The category of HID bulbs like metal halides is subjected to tighter regulatory standards. For instance, the U.S. Department of Energy (DOE) issued new energy efficiency standards for metal halide luminaries and tightened the standards by expanding the coverage from low-wattage (50-149W) to high-wattage (501-1000W) luminaires. These strict regulations are impacting the growth of the HID bulbs market.

HID bulbs manufacturing companies are 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.

The regions covered in the high intensity discharge (HID) bulbs report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the high intensity discharge (HID) bulbs market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).

The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.

The high-intensity discharge (HID) bulbs market research report is one of a series of new reports from The Business Research Company that provides high-intensity discharge (HID) bulbs market statistics, including high-intensity discharge (HID) bulbs industry global market size, regional shares, competitors with a high-intensity discharge (HID) bulbs market share, detailed high-intensity discharge (HID) bulbs market segments, market trends and opportunities, and any further data you may need to thrive in the high-intensity discharge (HID) bulbs industry. This high-intensity discharge (HID) bulb market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.