Global Magnetic Ballast Market Growth 2025-2031
Description
The global Magnetic Ballast market size is predicted to grow from US$ 988 million in 2025 to US$ 1261 million in 2031; it is expected to grow at a CAGR of 4.1% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
The Magnetic Ballast is an electrical device that utilizes the principle of electromagnetic induction to limit and stabilize the current of gas discharge lamps. It mainly consists of components such as an iron core and coils. When a gas discharge lamp is connected to the circuit, the magnetic ballast generates an induced electromotive force with a phase opposite to that of the power supply voltage through its internal electromagnetic induction effect, thereby limiting the sharp rise in lamp current and ensuring the normal operation of the lamp under a stable current, extending the lamp's service life. It is widely used in various lighting systems.
Typical products include: Etlin's CF-22-WS-TP, etc.
United States market for Magnetic Ballast is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Magnetic Ballast is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Magnetic Ballast is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Magnetic Ballast players cover Magnetek, Inc., Philips, Keystone Technologies, Signify Holding, Robertson, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Magnetic Ballast Industry Forecast” looks at past sales and reviews total world Magnetic Ballast sales in 2024, providing a comprehensive analysis by region and market sector of projected Magnetic Ballast sales for 2025 through 2031. With Magnetic Ballast sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetic Ballast industry.
This Insight Report provides a comprehensive analysis of the global Magnetic Ballast landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnetic Ballast portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Magnetic Ballast market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Ballast and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Magnetic Ballast.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Ballast market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Power Below 300W
Power 300-600W
Power Above 300W
Segmentation by Application:
Home Lamps
Commercial Lamps
Industrial Lamps
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Magnetek, Inc.
Philips
Keystone Technologies
Signify Holding
Robertson
Inter-Global Inc.
ERC Highlight
Tridonic
Osram
Etlin Daniels
James
HydroGarden Ltd
Vossloh
Universal Lighting Technologies
Cooper Lighting
GE Lighting
Guangdong NRE Technology Co., Ltd.
Foshan Huaquan Electrical Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnetic Ballast market?
What factors are driving Magnetic Ballast market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnetic Ballast market opportunities vary by end market size?
How does Magnetic Ballast break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
The Magnetic Ballast is an electrical device that utilizes the principle of electromagnetic induction to limit and stabilize the current of gas discharge lamps. It mainly consists of components such as an iron core and coils. When a gas discharge lamp is connected to the circuit, the magnetic ballast generates an induced electromotive force with a phase opposite to that of the power supply voltage through its internal electromagnetic induction effect, thereby limiting the sharp rise in lamp current and ensuring the normal operation of the lamp under a stable current, extending the lamp's service life. It is widely used in various lighting systems.
Typical products include: Etlin's CF-22-WS-TP, etc.
United States market for Magnetic Ballast is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Magnetic Ballast is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Magnetic Ballast is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Magnetic Ballast players cover Magnetek, Inc., Philips, Keystone Technologies, Signify Holding, Robertson, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Magnetic Ballast Industry Forecast” looks at past sales and reviews total world Magnetic Ballast sales in 2024, providing a comprehensive analysis by region and market sector of projected Magnetic Ballast sales for 2025 through 2031. With Magnetic Ballast sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetic Ballast industry.
This Insight Report provides a comprehensive analysis of the global Magnetic Ballast landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnetic Ballast portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Magnetic Ballast market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Ballast and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Magnetic Ballast.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Ballast market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Power Below 300W
Power 300-600W
Power Above 300W
Segmentation by Application:
Home Lamps
Commercial Lamps
Industrial Lamps
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Magnetek, Inc.
Philips
Keystone Technologies
Signify Holding
Robertson
Inter-Global Inc.
ERC Highlight
Tridonic
Osram
Etlin Daniels
James
HydroGarden Ltd
Vossloh
Universal Lighting Technologies
Cooper Lighting
GE Lighting
Guangdong NRE Technology Co., Ltd.
Foshan Huaquan Electrical Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnetic Ballast market?
What factors are driving Magnetic Ballast market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnetic Ballast market opportunities vary by end market size?
How does Magnetic Ballast break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
126 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Magnetic Ballast by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Magnetic Ballast by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
