About Digital Ballast
Conventional farming methods are influenced by several factors, including weather, sunlight, temperature, and rainfall. Hence, it is difficult to guarantee a stable food supply through conventional farming. The yield in this model can be affected by natural disasters or the increasing shortage of cultivable land. Under these circumstances, vegetable factories that grow vegetables indoors without soil are becoming a global necessity. Vegetable factories control light, temperature, humidity, and nutrients with the help of computers and, occasionally, robots.
A bulb, a ballast, and a reflector constitute the light system necessary for an indoor gardening system. The ballast converts the energy required to power the lamp, carrying out the functions of an engine. Digital ballasts are used in high-intensity discharge (HID) lighting lamps such as high-pressure sodium (HPS) and metal halide (MH) systems.
Technavio’s analysts forecast the global digital ballast market to grow at a CAGR of 11.7% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global digital ballast market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of digital ballasts.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Digital Ballast Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Digital Ballast Market: Soils Tek, Apollo Horticulture, Galaxy and Quantum.
Other Prominent Vendors in the market are: Gavita, Nanolux, Phantom Digital, and TECHONE.
Commenting on the report, an analyst from Technavio’s team said: “Vendors in the vegetable factories market in Japan are increasingly investing in R&D. Vendors are developing vegetable factories for specific end-users. The market is also witnessing the installation of vegetable factories in regions that are not fit for traditional agriculture. As well, rapid changes in technology and consumer preferences are prompting vendors to deliver unique solutions to survive the current commoditization in the market.”
According to the report, increasing in urbanization will drive the demand for new residential and commercial buildings. This will lead to increased use of green cover in urban areas. Coupled with the demand for food, urbanization will boost the demand for the establishment of greenhouses, indoor gardens, and vegetable factories.
Further, the report states that one of the major challenges faced by vegetable factories is the need for continuous support and maintenance from investors.
Soils Tek, Apollo Horticulture, Galaxy, Quantum, Gavita, Nanolux, Phantom Digital, TECHONE
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