Global Digital Ballast Market 2016-2020

  • ID: 3623681
  • Report
  • Region: Global
  • 39 pages
  • TechNavio
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FEATURED COMPANIES

  • Apollo Horticulture
  • Galaxy
  • Gavita
  • Nanolux
  • Phantom Digital
  • Quantum
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

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.

The 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:

- APAC
- Europe
- North America
- ROW

The report, Global Digital Ballast 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:

- Soils Tek
- Apollo Horticulture
- Galaxy
- Quantum

Other prominent vendors:

- Gavita
- Nanolux
- Phantom Digital
- TECHONE

Market drivers

- Growing population and urbanization
- For a full, detailed list, view the full report

Market challenges

- Need for continuous support and maintenance
- For a full, detailed list, view the full report

Market trends

- Increase in R&D
- For a full, detailed list, view the full 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?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Apollo Horticulture
  • Galaxy
  • Gavita
  • Nanolux
  • Phantom Digital
  • Quantum
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Global agriculture: Overview
  • Agricultural production
  • Global agricultural land
PART 07: Geographical segmentation
  • Global digital ballast market by region
  • Digital ballast market in North America
  • Digital ballast market in Europe
  • Digital ballast market in APAC
  • Digital ballast market in ROW
PART 08: Market drivers
  • Increased demand for food grain
  • Growing population and urbanization
  • Increased demand from plant factories
PART 09: Impact of drivers

PART 10: Market challenges
  • Availability of alternatives
  • Increased competition
  • Need for continuous support and maintenance
PART 11: Impact of drivers and challenges

PART 12: Market trends
  • Increase in R&D
  • New features
  • RF blocking
PART 13: Vendor landscape
  • Competitive scenario
  • Market vendor analysis
  • Apollo Horticulture
  • Galaxy
  • Hydrofarm
  • Solis Tek
  • Other prominent vendors
PART 14: Appendix
  • List of abbreviations
PART 15: About Author

List of Exhibits

Exhibit 01: Global digital ballast market 2015-2020 ($ billions)
Exhibit 02: Five forces analysis
Exhibit 03: Growth in agricultural production per annum 1997-2030
Exhibit 04: Global agricultural land 2010-2014
Exhibit 05: Global digital ballast market by region 2015
Exhibit 06: Global digital ballast market by region 2020
Exhibit 07: Digital ballast market in North America 2015-2020 ($ millions)
Exhibit 08: Arable land in North America (ha per person)
Exhibit 09: Digital ballast market in Europe 2015-2020 ($ millions)
Exhibit 10: Development of organic agricultural land in Europe 2000-2012 (millions of ha)
Exhibit 11: Government budget appropriations for R&D on agriculture ($ millions)
Exhibit 12: Digital ballast market in APAC 2015-2020 ($ millions)
Exhibit 13: Digital ballast market in ROW 2015-2020 ($ millions)
Exhibit 14: World population 2014-2019 (billions)
Exhibit 15: Urban and rural population of the world 1950-2050 (millions)
Exhibit 16: Impact of drivers
Exhibit 17: Impact of drivers and challenges
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FEATURED COMPANIES

  • Apollo Horticulture
  • Galaxy
  • Gavita
  • Nanolux
  • Phantom Digital
  • Quantum
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Global Digital Ballast Market 2016-2020

The author of the report 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 the research 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.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

- Soils Tek
- Apollo Horticulture
- Galaxy
- Quantum
- Gavita
- Nanolux
- Phantom Digital
- TECHONE
Note: Product cover images may vary from those shown
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