HID Ballast Market: Revenue from the Outdoor Application Segment to Witness Significant Increase During the Forecast Period: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)

  • Published: 2018-01-12
  • Report Code: REP-GB-4233

An Incisive, In-depth Analysis on the Hid Ballast Market

This study offers a comprehensive, 360 degree analysis on the Hid Ballast market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Hid Ballast market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Focus on offering energy-efficient low-cost products that provide an upper edge to key players in the global market

Companies in the global HID ballast market are focussing on expanding their businesses in the growing markets of developing countries and offering high quality products at competitive prices. Increasing product innovations (offering products with advanced technology) and customized solutions that can meet multiple requirements at a lower cost will emerge as a prime differentiating factor in the long term. Most of the developed countries across the globe are benefitting from government initiatives that promote innovation. However, several developing countries are yet to implement any regulations in this field. These countries also have a large stock of preinstalled HID systems, which can turn out to be a major aftermarket opportunity for market players.

Growing dominance of LEDs in most of the applications is the major hindrance in the growth of the global HID ballast market

LED is emerging as one of the most promising technologies in terms of commercial viability in the future among several kinds of clean technologies such as photovoltaic solar power, wind power, and electric vehicles. With technological innovations and advanced energy saving options, LEDs have gained high popularity in the overall lighting market. The price of LEDs is tumbling rapidly, helping drive technology transition. The green revolution in lighting is also continuing apace, with other energy-efficient lighting technologies being acknowledged as a bridge towards full LED penetration.

Stringent regulations related to energy efficiency across the globe are fuelling the penetration of energy-efficient light sources such as LEDs. Most of the legislations focus mainly on two bases, i.e., controlling the energy distribution balance (supply – demand balance) and ensuring compliance with global environmental emission norms. This is expected to boost the uptake of low-energy light sources that help close the looming energy gap.

Governments around the globe are accelerating initiatives in this field along two dimensions – banning inefficient technologies and developing stringent legislations on energy efficiency requirements and offering incentives for entire building infrastructures. This path will further propel energy-efficient lighting technologies such as LEDs and other SSLs. In recent times, several revolutionary bans have been imposed in various countries such as the Chinese amendment to ban incandescent light bulbs. Europe is further accelerating the switchover to more ecological lighting sources by extending its regulations to ban low-voltage halogen lamps, and the government of India is taking initiatives to provide LED bulbs at subsidised rates.

Outdoor and automotive application segments projected to witness increased market share in the overall sales of HID ballast during the forecast period

HID luminaries are extensively used in industrial lighting and require a decently laminated environment in order to maintain proper working conditions. The residential application segment is estimated to be valued at US$ 35.6 Mn in 2017 and is anticipated to be valued at US$ 11.9 Mn by the end of 2027. Though the popularity of LED and other SSLs is growing, outdoor lighting is still a large carpet for the HID ballast market to stretch its capabilities.

Global HID ballast market structure

The global HID ballast marketis highly unstructured and varies among countries and regions. It involves the participation of a large number of players holding prominent share in respective local markets. Major players portraying their products in the global lighting industry hold a substantial share due to their brand image. Tier-1companies such as Philips Lighting Holding B.V., General Electric Company, OSRAM Licht AG, Westinghouse Electric Corporation, and Halco Lighting Technologiesamong others generate over US$ 100 Mn from the sales of HID luminaries and related parts and hold a cumulative share of 25%–35%in the global market.

Assumptions made while preparing this report

Following assumptions have been used while examining the global HID ballast market for the projected period of 2017-2027.

  • Average Selling Price (ASP) has been considered to determine market values; the ASP has been arrived at through data collected from various primary and secondary sources including trade websites, company quotations, and primary interviews with manufacturers and end customers

  • As significant variations have been found in the pricing data collected from various participants, based on the product type, size, quality, and system integration, statistical mode range of the responses has been considered for pricing calculation, and an attempt has been made to represent the appropriate average regional price

  • Top-down approach has been used to obtain market numbers. Bottom-up approach has been used to counter-validate the market estimations

  • All values for market size are presented in US$ (US Dollar) and sources such as World Bank, IMF, IMO, UNCTDA, OECD, and companies’ annual & financial reports have been used extensively to acquire and validate market numbers

Through extensive research, our analysts have studied how the different market dynamics are likely to impact the current and future scenario of the global HID ballast market, thereby providing useful insights to market players to plan their differentiating strategies capable of evolving with the changing market landscape. We have analysed the key trends, drivers, restraints and opportunities anticipated to impact market revenue growth. Impact analysis of key growth drivers and restraints based on the weighted average model are included in the report to better equip and arm clients with pertinent decision-making insights. This report provides historical data of 2012-2016 along with forecast from 2017 to 2027 in terms of revenue (US dollar). The report comprises the study of current issues with end users as well as opportunities for HID ballast manufacturers. It also includes detailed pricing analysis and value chain analysis of the global HID ballast market.

Our unique style of describing this report

In order to provide a comprehensive view of the market, we have included detailed competitiveness analysis and information on company players with unique selling propositions. The competitive dashboard provides a detailed comparison of HID ballast manufacturers on parameters such as operating margins, unique selling propositions, collective market share, and geographic concentration. The study encompasses market attractiveness analysis of various segments of the global HIB ballast market.

The report includes data on the consumption of HID ballasts and the revenue generated from sales across all regions and important countries within these regions. GDP growth, industry growth, and top 10 companies’ growth has been closely studied to arrive at the global market forecast. Apart from value chain analysis, profitability margins, cost influencing factors, pricing trends and factors influencing the sales of HID ballast have also been included in this report. 

Market Segmentation

By Product Type

By Sales Channel

By Application

By Region

  • Electromagnetic HID Ballast

  • Electronic HID Ballast

  • Online

  • Offline

  • Automotive

  • Residential

  • Commercial

  • Industrial

  • Outdoors

  • North America

  • Latin America

  • Europe

  • Asia Pacific Excluding Japan

  • (APEJ)

  • Middle East & Africa (MEA)

  • Japan

Our robust research methodology

A number of primary and secondary sources have been referred to during the course of this study. The market numbers have been estimated based on average consumption and weighted average pricing of HID ballasts by product type and the revenue is derived after studying regional pricing trends. Market size and forecast for each segment has been provided in the context of global and regional markets. The global HID ballast market has been analysed based on anticipated market demand. Prices considered for the calculation of revenue include average regional prices obtained through primary quotes from numerous regional HID ballast producers, suppliers, and distributors.

Hid Ballast Market Reports - Table of Contents

Hid Ballast Market Reports - List of Tables

Table 01: Global HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Product Type, 2012 – 2027

Table 02: Global HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Application, 2012 – 2027

Table 03: Global HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Sales Channel, 2012 – 2027

Table 04: Global HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Region, 2012 – 2027

Table 05: North America HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Product Type, 2012 – 2027

Table 06: North America HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Application, 2012 – 2027

Table 07: North America HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Sales Channel, 2012 – 2027

Table 08: North America HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Country, 2012 – 2027

Table 09: Latin America HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Product Type, 2012 – 2027

Table 10: Latin America HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Application, 2012 – 2027

Table 11: Latin America HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Sales Channel, 2012 – 2027

Table 12: Latin America HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Country, 2012 – 2027

Table 13: Western Europe HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Product Type, 2012 – 2027

Table 14: Western Europe HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Application, 2012 – 2027

Table 15: Western Europe HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Sales Channel, 2012 – 2027

Table 16: Western Europe HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Country, 2012 – 2027

Table 17: Eastern Europe HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Product Type, 2012 – 2027

Table 18: Eastern Europe HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Application, 2012 – 2027

Table 19: Eastern Europe HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Sales Channel, 2012 – 2027

Table 20: Eastern Europe HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Country, 2012 – 2027

Table 21: APEJ HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Product Type, 2012 – 2027

Table 22: APEJ HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Application, 2012 – 2027

Table 23: APEJ HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Sales Channel, 2012 – 2027

Table 24: APEJ HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Country, 2012 – 2027

Table 25: MEA HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Product Type, 2012 – 2027

Table 26: MEA HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Application, 2012 – 2027

Table 27: MEA HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Sales Channel, 2012 – 2027

Table 28: MEA HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Country, 2012 – 2027

Table 29: Japan HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Product Type, 2012 – 2027

Table 30: Japan HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Application, 2012 – 2027

Table 31: Japan HID Ballast Market Value (US$ Mn) & Volume (‘000 Units) Forecast by Sales Channel, 2012 – 2027

Hid Ballast Market Reports - List of Figures

Figure 01: Global HID Ballast Market Value Share by Product Type (2016)

Figure 02: Global HID Ballast Market Value Share by Application (2016)

Figure 03: Global HID Ballast Market Value Share by Sales Channel (2016) 

Figure 04: Global HID Ballast Market Value Share by Region (2016) 

Figure 05: Global HID Ballast Market BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 06: Global HID Ballast Market Y-o-Y Projections by Product Type, 2012 – 2017

Figure 07: Global Market Absolute $ Opportunity Analysis By  Electromagnetic Type,  2012 - 2027

Figure 08: : Global Market Absolute $ Opportunity Analysis By Electronic Type,  2012 - 2027

Figure 09: Global HID Ballast Market BPS Analysis by Application– 2012, 2017 & 2027

Figure 10: Global HID Ballast Market Y-o-Y Projections by Application, 2012 – 2017

Figure 11: Global Market Absolute $ Opportunity Analysis By Automotive,  2012 - 2027

Figure 12: Global Market Absolute $ Opportunity Analysis By Residential,  2012 - 2027

Figure 13: Global Market Absolute $ Opportunity Analysis By Commercial,  2012 - 2027

Figure 14: Global Market Absolute $ Opportunity Analysis By Industrial,  2012 - 2027

Figure 15: Global Market Absolute $ Opportunity Analysis By Outdoors,  2012 - 2027

Figure 16: Global HID Ballast Market BPS Analysis by Sales Channel– 2012, 2017 & 2027

Figure 17: Global HID Ballast Market Y-o-Y Projections by Sales Channel, 2012 – 2017

Figure 18: Global Market Absolute $ Opportunity Analysis By  Offline,  2012 - 2027

Figure 19: : Global Market Absolute $ Opportunity Analysis By Online,  2012 - 2027

Figure 20: Global HID Ballast Market BPS Analysis by Region – 2012, 2017 & 2027

Figure 21: Global HID Ballast Market Y-o-Y Projections by Region, 2012 – 2017

Figure 22: Global Market Absolute $ Opportunity Analysis By North America,  2012 - 2027

Figure 23: Global Market Absolute $ Opportunity Analysis By Latin America ,  2012 - 2027

Figure 24: Global Market Absolute $ Opportunity Analysis By Western Europe,  2012 - 2027

Figure 25: Global Market Absolute $ Opportunity Analysis By Eastern Europe,  2012 - 2027

Figure 26: Global Market Absolute $ Opportunity Analysis By APEJ,  2012 - 2027

Figure 27: Global Market Absolute $ Opportunity Analysis By Japan,  2012 - 2027

Figure 28: Global Market Absolute $ Opportunity Analysis By MEA,  2012 - 2027

Figure 29: North America HID Ballast Market BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 30: North America HID Ballast Market Y-o-Y Projections by Product Type, 2012 – 2017

Figure 31: North America HID Ballast Market BPS Analysis by Application– 2012, 2017 & 2027

Figure 32: North America HID Ballast Market Y-o-Y Projections by Application, 2012 – 2017

Figure 33: North America HID Ballast Market BPS Analysis by Sales Channel– 2012, 2017 & 2027

Figure 34: North America HID Ballast Market Y-o-Y Projections by Sales Channel, 2012 – 2017

Figure 35: North America HID Ballast Market BPS Analysis by Country, 2012, 2017 & 2027

Figure 36: North America HID Ballast Market Y-o-Y Projections by Country, 2012 – 2017

Figure 37: Latin America HID Ballast Market BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 38: Latin America HID Ballast Market Y-o-Y Projections by Product Type, 2012 – 2017

Figure 39: Latin America HID Ballast Market BPS Analysis by Application– 2012, 2017 & 2027

Figure 40: Latin America HID Ballast Market Y-o-Y Projections by Application, 2012 – 2017

Figure 41: Latin America HID Ballast Market BPS Analysis by Sales Channel– 2012, 2017 & 2027

Figure 42: Latin America HID Ballast Market Y-o-Y Projections by Sales Channel, 2012 – 2017

Figure 43: Latin America HID Ballast Market BPS Analysis by Country, 2012, 2017 & 2027

Figure 44: Latin America HID Ballast Market Y-o-Y Projections by Country, 2012 – 2017

Figure 45: Western Europe HID Ballast Market BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 46: Western Europe HID Ballast Market Y-o-Y Projections by Product Type, 2012 – 2017

Figure 47: Western Europe HID Ballast Market BPS Analysis by Application– 2012, 2017 & 2027

Figure 48: Western Europe HID Ballast Market Y-o-Y Projections by Application, 2012 – 2017

Figure 49: Western Europe HID Ballast Market BPS Analysis by Sales Channel– 2012, 2017 & 2027

Figure 50: Western Europe HID Ballast Market Y-o-Y Projections by Sales Channel, 2012 – 2017

Figure 51: Western Europe HID Ballast Market BPS Analysis by Country, 2012, 2017 & 2027

Figure 52: Western Europe HID Ballast Market Y-o-Y Projections by Country, 2012 – 2017

Figure 53: Eastern Europe HID Ballast Market BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 54: Eastern Europe HID Ballast Market Y-o-Y Projections by Product Type, 2012 – 2017

Figure 55: Eastern Europe HID Ballast Market BPS Analysis by Application– 2012, 2017 & 2027

Figure 56: Eastern Europe HID Ballast Market Y-o-Y Projections by Application, 2012 – 2017

Figure 57: Eastern Europe HID Ballast Market BPS Analysis by Sales Channel– 2012, 2017 & 2027

Figure 58: Eastern Europe HID Ballast Market Y-o-Y Projections by Sales Channel, 2012 – 2017

Figure 59: Eastern Europe HID Ballast Market BPS Analysis by Country, 2012, 2017 & 2027

Figure 60: Eastern Europe HID Ballast Market Y-o-Y Projections by Country, 2012 – 2017

Figure 61: APEJ HID Ballast Market BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 62: APEJ HID Ballast Market Y-o-Y Projections by Product Type, 2012 – 2017

Figure 63: APEJ HID Ballast Market BPS Analysis by Application– 2012, 2017 & 2027

Figure 64: APEJ HID Ballast Market Y-o-Y Projections by Application, 2012 – 2017

Figure 65: APEJ HID Ballast Market BPS Analysis by Sales Channel– 2012, 2017 & 2027

Figure 66: APEJ HID Ballast Market Y-o-Y Projections by Sales Channel, 2012 – 2017

Figure 67: APEJ HID Ballast Market BPS Analysis by Country, 2012, 2017 & 2027

Figure 68: APEJ HID Ballast Market Y-o-Y Projections by Country, 2012 – 2017

Figure 69: MEA HID Ballast Market BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 70: MEA HID Ballast Market Y-o-Y Projections by Product Type, 2012 – 2017

Figure 71: MEA HID Ballast Market BPS Analysis by Application– 2012, 2017 & 2027

Figure 72: MEA HID Ballast Market Y-o-Y Projections by Application, 2012 – 2017

Figure 73: MEA HID Ballast Market BPS Analysis by Sales Channel– 2012, 2017 & 2027

Figure 74: MEA HID Ballast Market Y-o-Y Projections by Sales Channel, 2012 – 2017

Figure 75: MEA HID Ballast Market BPS Analysis by Country, 2012, 2017 & 2027

Figure 76: MEA HID Ballast Market Y-o-Y Projections by Country, 2012 – 2017

Figure 77: Japan HID Ballast Market BPS Analysis by Product Type – 2012, 2017 & 2027

Figure 78: Japan HID Ballast Market Y-o-Y Projections by Product Type, 2012 – 2017

Figure 79: Japan HID Ballast Market BPS Analysis by Application– 2012, 2017 & 2027

Figure 80: Japan HID Ballast Market Y-o-Y Projections by Application, 2012 – 2017

Figure 81: Japan HID Ballast Market BPS Analysis by Sales Channel– 2012, 2017 & 2027

Figure 82: Japan HID Ballast Market Y-o-Y Projections by Sales Channel, 2012 – 2017

Figure 83: Market Structure Analysis 

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