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Global Lighting Ballasts Market 2016-2020

About Lighting System

In lighting system, the major role of a ballast is to regulate the current to the bulb or tube and provide necessary voltage to start the bulb and produce a steady light output. If the lighting source is connected directly to high-voltage power source, it will draw more current to the bulb or tube and will quickly burn out before its expected lifecycle. Therefore, ballast protects the lighting source from a high level of current and limits the flow of current through the lighting device, thereby extending the lifecycle of lighting systems.

Technavio’s analysts predict that by 2020, the global lighting ballasts market will exceed 872 million units.

Covered in this report

The report covers the present scenario and the growth prospects of the global lighting ballasts market for 2016-2020. To calculate the market size, the report considers the unit shipment of lighting ballast for lamps and luminaires.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Lighting Ballasts Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Acuity Brands
  • Advanced Lighting Technologies
  • Atlas Lighting Products
  • Crestron Electronics
  • Eaton
  • GE Lighting
  • Hatch Transformers
  • Leviton Manufacturing
  • Lutron Electronics Company
  • MaxLite
  • Osram Sylvania
  • Philips Lighting Holding BV
  • Progress Lighting
  • Technical Consumer Products
  • Universal Lighting Technologies
  • Venture Lighting International
Market driver
  • Regulations on use of energy-inefficient lighting components
  • For a full, detailed list, view our report
Market challenge
  • Lack of global LED standardization
  • For a full, detailed list, view our report
Market trend
  • Increase in number of households and urbanization
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Lighting Ballasts Market 2016-2020

Technavio recognizes the following companies as the key players in the global lighting ballasts market: Acuity Brands, Advanced Lighting Technologies, Atlas Lighting Products, Crestron Electronics, Eaton, GE Lighting, Hatch Transformers, Leviton Manufacturing, Lutron Electronics Company, MaxLite, Osram Sylvania, Philips Lighting Holding BV., Progress Lighting, Technical Consumer Products, Universal Lighting Technologies and Venture Lighting International.

Commenting on the report, an analyst from Technavio’s team said: “Declining manufacturing cost of LED will be a key trend for market growth. The decline in the manufacturing cost of LEDs is because of the government subsidies on the purchase of semiconductor equipment such as metal-organic chemical vapor deposition (MOCVD), which are used for manufacturing LEDs. This has encouraged LED manufacturers to increase their LED production capacity. Also, favorable government support has enabled vendors to reduce the variable cost associated with manufacturing by operating their manufacturing facility at full capacity.”

According to the report, offering government subsidies and incentive programs will be a key driver for market growth. Global warming and the rapid depletion of non-renewable energy highlight the indispensable need for energy conservation. Currently, it is estimated that lighting applications account for more than 20% of global electricity consumption. This high consumption has led several countries worldwide to frame policies that ban the use of inefficient lighting sources and promote the use of efficient lighting sources through subsidies and tax incentive programs. These incentives are being offered by different governmental and non-governmental entities. It is generally being offered by federal, state, and local governments or by utilities because of general efficiency requirements set by the government.

Further, the report states that high import duties will be a challenge for the market. High import duties on lighting fixtures including LED products and components are hindering the growth of the global lighting ballasts market. The import duty rate for importing lighting fixtures into Brazil is 18%. This duty is accompanied by airport fee, storage fee, handling fee, and declaration fee. This import duty rate is high as compared to the other BRIC nations and thus, impacts the final price of lighting product for the end-consumers in Brazil, as the main vendors are international players and import products from other countries.

Companies Mentioned

Acuity Brands, Advanced Lighting Technologies, Atlas Lighting Products, Crestron Electronics, Eaton, GE Lighting, Hatch Transformers, Leviton Manufacturing, Lutron Electronics Company, MaxLite, Osram Sylvania, Philips Lighting Holding BV., Progress Lighting, Technical Consumer Products, Universal Lighting Technologies, Venture Lighting International.

  • Executive summary
    • Highlights
  • Scope of the report
    • Base year
    • Market coverage
    • Market size calculation
    • Definition of general lighting applications
      • Table Definition of general lighting application segments
    • Other definitions
    • Geographical segmentation
      • Table Key regions covered in the report
    • Vendor segmentation
      • Table Product offerings
    • Common currency conversion rates
      • Table Common currency conversion rates 2013-2015
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Comparison of electronic ballast and magnetic ballast
      • Table Key advantages/disadvantages of electronic ballast and magnetic ballast
  • Technology landscape
    • Table Emerging energy-efficient lighting technologies
    • Comparison between LEDs, incandescent bulbs, and CFLs
      • Table Light output of LEDs, incandescent bulbs, and CFLs
      • Table Efficiency and cost of LEDs, incandescent bulbs, and CFLs
    • Cost benefit analysis for LEDs and incandescent bulbs
      • Table Cost comparison for LEDs and incandescent bulbs
  • Market landscape
    • Market overview
  • Market size and forecast
    • Market size calculation for global lighting ballasts market for traditional lamps (LFL+ HID)
      • Table Global LFL lamps unit shipment 2015-2020 (millions of units)
      • Table Global LFL lighting ballasts market 2015-2020 (millions of units)
      • Table Global HID lighting ballasts market 2015-2020 (millions of units)
      • Table Global lighting ballasts market for traditional lamps by application 2015-2020 (millions of units)
    • Market size calculation for global lighting ballasts market for LED lamps
      • Table Global LED lamp market by application 2015-2020 (millions of units)
      • Table Unit shipment of LED lamps contributing to external ballast (millions of units)
      • Table Unit shipment of newly installed LED lamps by application 2015-2020 (millions of units)
      • Table Global lighting ballasts market for LED lamps by application 2015-2020 (millions of units)
    • Market size calculation for the global lighting ballasts market for traditional luminaires
      • Table Global traditional luminaire market by application 2015-2020 (millions of units)
      • Table Global lighting ballasts market for traditional luminaires by application 2015-2020 (millions of units)
    • Market size calculation for global lighting ballasts market for LED luminaires
      • Table Global LED luminaire market by application 2015-2020 (millions of units)
      • Table Global lighting ballasts market for LED luminaires by application 2015-2020 (millions of units)
    • Market size calculation for global lighting ballasts market
      • Table Global lighting ballasts market for lamps by application 2015-2020 (millions of units)
      • Table Global lighting ballasts market for luminaires by application 2015-2020 (millions of units)
      • Table Global lighting ballasts market: Unit shipment by application 2015-2020 (millions of units)
  • Analysis
    • Market analysis of global lighting ballasts market for traditional lamps
      • Table Global lighting ballasts market for traditional lamps by application 2015-2020 (millions of units)
    • Market analysis of global lighting ballasts market for LED lamps
      • Table Global LED lighting ballasts market by application 2015-2020 (millions of units)
    • Conclusion
    • Market analysis of global lighting ballasts market for luminaire
      • Table Global lighting ballasts market for luminaires 2015-2020 (millions of units)
    • Conclusion
      • Table Global luminaire lighting ballasts market for traditional and LED 2015-2020 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Table Segmentation of global general lighting market by geography 2015
    • Table Global lighting ballasts market by geography 2015-2020 (millions of units)
    • APAC
    • EMEA
    • Americas
  • Market drivers
    • Regulations on use of energy-inefficient lighting components
      • Table Requirements set by US DOE for fluorescent lamp ballast
    • Government subsidies and incentive programs
      • Table Rebate per ballast for replacing inefficient fluorescent lamps
      • Table Rebate per fixture for replacing HID with fluorescent high-bay interior lighting
      • Table Rebate per fixture for replacing HID or fluorescent interior lighting with LED
    • Upcoming major events and infrastructure projects
    • Introduction of energy-efficient certification programs
    • Minamata Convention on Mercury
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Lack of global LED standardization
    • High import duties
      • Table Comparison of BRIC nation import duties
    • High average cost per LED fixture
      • Table Price comparison of connected bulbs from different manufacturers
      • Table LED fixture installation cost 2015
    • Limited thermal tolerance of LED
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increase in number of households and urbanization
      • Table Degree of urbanization by continent 2015
    • Declining manufacturing cost of LED
      • Table Manufacturing cost of LED 2012-2020 ($/Klm)
    • Demand for intelligent lighting systems
    • Emergence of smart cities
    • Growing number of smart homes worldwide
      • Table Smart homes worldwide 2015-2020 (millions of units)
      • Table Smart homes penetration rate by geography 2015-2020
    • New guidelines and government policies on smart lighting
  • Vendor landscape
    • Competitive scenario
      • Table Competitive scenario 2015
      • Table Competitive scenario 2020
  • Appendix
    • List of abbreviation
  • Explore Technavio

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