Global Energy Efficient Lamps and Ballasts Market Covid-19 Impact Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2031

What Our Global Energy Efficient Lamps and Ballasts Market Report Offers?

Global Energy Efficient Lamps and Ballasts Market is the title of an upcoming report offered by MarketResearch.Biz. The Energy Efficient Lamps and Ballasts market report extensively covers market segmentation by product, by geography (APAC, North America, Europe, South America, and MEA) and potential Energy Efficient Lamps and Ballasts market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post-COVID-19 impact on the Energy Efficient Lamps and Ballasts market from this report.

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“The global Energy Efficient Lamps and Ballasts market size is expected to be worth around US$ 51,770.90 million by 2031 from US$ 6,531.80 million in 2021, growing at a CAGR of 22.99% during the forecast period 2021 to 2031.”

It is complete with important statistics and other industry-relevant particulars, including factors expected to influence Energy Efficient Lamps and Ballasts market progress, drivers, restraints, opportunities, trends, sales reviews, landmark developments (existing and anticipated), SWOT analysis, as well as information on other potential revenue generation prospects in un explored areas of operation. The data collated by our analysts from both primary and secondary sources, are validated by data management solutions, and more importantly industry experts, to ensure genuine authenticity. The global Energy Efficient Lamps and Ballasts market report will encompass imminent threats or challenges from existing industry contenders, as well as potential new market entrants. Additionally, this dossier will also explore existing as well as foreseeable impacts of the on-going COVID-19 pandemic.

Impacts of the COVID-19 Pandemic:

Most industries across the world have been negatively impacted over the last few months. This can be attributed to significant disruptions experienced by their respective manufacturing and supply-chain operations as a result of various precautionary lockdowns, as well as other restrictions that were enforced by governing authorities across the globe. The same applies to the global Energy Efficient Lamps and Ballasts market. Moreover, consumer demand has also subsequently reduced as individuals are now more keen on eliminating non-essential expenses from their respective budgets as the general economic status of most individuals have been severely affected by this outbreak. These aforementioned elements are expected to burden the revenue trajectory of the global Energy Efficient Lamps and Ballasts market over the forecast timeline. However, as respective governing authorities begin to lift these enforced lockdowns, the global Energy Efficient Lamps and Ballasts market is expected to recover accordingly.

Who are the Major Energy Efficient Lamps and Ballasts Market's Key Players?

Key industry players profiled in this global Energy Efficient Lamps and Ballasts market include: Philips Lighting, OSRAM, GE Lighting, Acuity Brands, Cooper Lighting, Havells, and Panasonic Lighting

Segmentation of the Global Energy Efficient Lamps and Ballasts Market:

Energy Efficient Lamps Market, by Product Type:

• Energy efficient lamps market growth trend, 2010 – 2018 (USD Million)
• Average Selling Price per lamp, 2010 – 2018 (USD/Unit)
  • Latin America – Pricing trends of energy efficient lamps

• Fluorescent lamps
  • Drivers
    • Cost competitive replacement to incandescent bulbs
    • Energy efficient and long operational life
  • Inhibitors & opportunities
    • Contains little amounts of Mercury
    • Achieving full brightness can take up to 3 minutes
  • Fluorescent lamps market estimate and forecast, 2010 – 2018 (USD Million)

• CFLs (Compact Fluorescent Lamps)
  • Drivers
    • High light output at low power consumption
    • Long operational life and low maintenance cost
    • Payback period and high efficacy (in comparison to incandescent)
    • Various acceptable size & form
  • Inhibitors & opportunities
    • Cost barrier
    • Mercury content in CFLs lamps
  • CFLs market estimate and forecast, 2010 – 2018 (USD Million)

• LED (Light Emitting Diode) lamps
  • Drivers
    • Longer lifetime and high energy efficiency
    • Lighting solution for remote areas
    • Vibration and thermal shocks resistant solution for better productivity
    • Offer scope for various lighting applications
    • Harmless and green lighting solution
  • Inhibitors & opportunities
    • High cost involved
    • Lacks attribute for heat sensitivity applications
    • Unidirectional light output
    • Reluctance to switch to LED Lighting
  • LED lamps market estimate and forecast, 2010 & 2018 (USD Million)

• High intensity discharge lamps
  • Drivers, inhibitors and opportunities
  • HID lamps market estimate and forecast, 2010 & 2018 (USD Million)

• Induction lamps
  • Technology comparison
  • Lighting applications

Ballasts Market, By Product Type

• Market overview
• Electronic fluorescent ballasts
  • Market overview
  • Electronic fluorescent ballasts market estimate and forecast, 2010 & 2018 (USD Million)

• Magnetic fluorescent ballasts
  • Market overview
  • Magnetic fluorescent ballasts market estimate and forecast, 2010 – 2018 (USD Million)

• CFL Ballasts
  • Market overview
  • CFL ballasts market estimate and forecast, 2010 – 2018 (USD Million)

• LED driver module
  • Market overview
  • LED driver module market estimate and forecast, 2010 – 2018 (USD Million)

• Electronic HID Ballasts
  • Market overview
  • Electronic HID ballasts market estimate and forecast, 2010 – 2018 (USD Million)

• Magnetic HID Ballasts
  • Market overview
  • Magnetic HID ballasts market analysis and forecast, 2010 – 2018 (USD Million)

What are the Key Factors Covered in this Energy Efficient Lamps and Ballasts Market Report?

• CAGR of the Energy Efficient Lamps and Ballasts market during the forecast period 2021-2031.
• Precise estimation of the Energy Efficient Lamps and Ballasts market size and its contribution to the parent market.
• Detailed information on factors that will drive Energy Efficient Lamps and Ballasts market growth during the next ten years.
• Accurate predictions on upcoming trends and changes in consumer behaviour.
• The growth of the Energy Efficient Lamps and Ballasts market across APAC, North America, Europe, South America, and MEA.
• A thorough analysis of the Energy Efficient Lamps and Ballasts market’s competitive landscape and detailed information on key Players.
• Comprehensive details of factors that will challenge the growth of Energy Efficient Lamps and Ballasts market vendors.
• Energy Efficient Lamps and Ballasts Market’s Opportunity Orbits
• Market Investment Feasibility Index
• PEST Analysis
• PORTER’S Five Force Analysis
• Drivers & Restraints Impact Analysis
• Marketing Strategy
• Product Life Cycle Analysis
• Value Chain Analysis
• Cost Structure Analysis
• Macro-economic Factors