Global LED Lighting Ballast Market 2016-2020

  • ID: 3832378
  • Report
  • Region: Global
  • 80 pages
  • TechNavio
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FEATURED COMPANIES

  • Acuity Brands
  • Crestron Electronics
  • GE Lighting
  • Leviton Manufacturing
  • MaxLite
  • Philips Lighting Holding
  • MORE
About LED Lamps

LED lamps and luminaires use external ballasts, which are broadly categorized into two main types of external LED drivers:

- Constant-current drivers
- Constant-voltage drivers

Constant-current drivers are used where lighting system requires fixed output current with varying range of output voltages. The range of voltage depends on the on the load (wattage) of the LED.
Constant-voltage drivers are used where fixed output voltage is required with a maximum output current. In such type of LED lamps and luminaires, the current in LED light source is already regulated by internal constant driver. It requires constant output voltage, usually 12VDC or 24VDC.

The analysts forecast the global LED lighting ballast market to grow at a CAGR of 26.2% during the period 2016-2020.

Covered in this report

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

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

- Americas
- APAC
- EMEA

The report, global LED lighting 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
- Acuity Brands
- Advanced Lighting Technologies
- Atlas Lighting Products
- Eaton
- Crestron Electronics
- GE Lighting
- Hatch Transformers
- Leviton Manufacturing
- Lutron Electronics
- MaxLite
- Osram Sylvania
- Philips Lighting Holding
- Progress Lighting
- Technical Consumer Products
- Universal Lighting Technologies
- Venture Lighting International

Market drivers
- Upcoming major events and infrastructure projects

Market challenges
- Limited thermal tolerance of LED

Market trends
- Declining manufacturing cost of LEDs

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

  • Acuity Brands
  • Crestron Electronics
  • GE Lighting
  • Leviton Manufacturing
  • MaxLite
  • Philips Lighting Holding
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Base year
  • Market coverage
  • Market size calculation
  • Definition of general lighting applications
  • Other definitions
  • Geographical segmentation
  • Vendor segmentation
  • Common currency conversion rates
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
  • Comparison of electronic ballast and magnetic ballast
PART 05: Technology landscape
  • Comparison between LEDs, incandescent bulbs, and CFLs
  • Cost benefit analysis for LEDs and incandescent bulbs
PART 06: Market landscape
  • Market overview
PART 07: Market size and forecast
  • Market size calculation for global lighting ballast market for LED lamps
  • Market size calculation for the global lighting ballast market for LED luminaires
  • Market size calculation for the global LED lighting ballast market
PART 08: Analysis
  • Market analysis of global lighting ballast market for LED lamps
  • Conclusion
  • Market analysis of global lighting ballast market for LED luminaire
  • Conclusion
  • Five forces analysis
PART 09: Geographical segmentation
  • APAC
  • EMEA
  • Americas
PART 10: Market drivers
  • Strong government support and incentives on LED lighting projects
  • Need for energy efficient lighting solutions
  • Regulations on use of energy inefficient lighting components
  • Upcoming major events and infrastructure projects
  • Introduction of energy efficiency certification programs
  • Minamata Convention on Mercury
PART 11: Impact of drivers

PART 12: Market challenges
  • Absence of global LED standardization
  • High import duties
  • High average cost per LED fixture
  • Limited thermal tolerance of LED
PART 13: Impact of drivers and challenges

PART 14: Market trends
  • Increase in urban population worldwide
  • Declining manufacturing cost of LEDs
  • Demand for intelligent lighting systems
  • Emergence of smart cities
  • Growing number of smart homes worldwide
  • Introduction of government policies and guidelines on smart lighting
PART 15: Vendor landscape
  • Competitive scenario
PART 16: Appendix
  • List of abbreviation
PART 17: About the Author

List of Exhibits

Exhibit 01: Definition of general lighting application segments
Exhibit 02: Key regions covered in the report
Exhibit 03: Prominent vendors
Exhibit 04: Common currency conversion rates 2013-2015
Exhibit 05: Emerging energy-efficient lighting technologies
Exhibit 06: Light output of LEDs, incandescent bulbs, and CFLs
Exhibit 07: Cost and efficiency of LEDs, incandescent bulbs, and CFLs
Exhibit 08: Cost comparison for LEDs and incandescent bulbs
Exhibit 09: Global LED lamp market by application 2015-2020 (millions of units)
Exhibit 10: Unit shipment of LED lamps contributing to external ballast (millions of units)
Exhibit 11: Global unit shipment of newly installed LED lamps by application 2015-2020 (millions of units)
Exhibit 12: Global lighting ballast market for LED lamps by application 2015-2020 (millions of unit)
Exhibit 13: Global LED luminaire market by application 2015-2020 (millions of units)
Exhibit 14: Global lighting ballast market for LED luminaires by application 2015-2020 (millions of units)
Exhibit 15: Global lighting ballast market for lamps by application 2015-2020 (millions of units)
Exhibit 16: Global LED lighting ballast market by application 2015-2020 (millions of units)
Exhibit 17: Global lighting ballast for LED luminaires 2015-2020 (millions of units)
Exhibit 18: Global LED lighting ballast market 2015-2020 (millions of units)
Exhibit 19: Five forces analysis
Exhibit 20: Segmentation of global general lighting market by geography 2015
Exhibit 21: Global lighting ballast market by geography 2015-2020 (millions of units)
Exhibit 22: Rebate per unit on installation of energy-efficient lighting solution
Exhibit 23: Rebate per fixture for replacing HID or fluorescent interior lighting with LED
Exhibit 24: Rebate on installation of new LED lighting products
Exhibit 25: Comparison of incandescent versus CFL versus LED
Exhibit 26: Requirements set by US DOE for fluorescent lamp ballast
Exhibit 27: Impact of drivers
Exhibit 28: Comparison of BRIC nation import duties
Exhibit 29: Price comparison of connected bulbs from different manufacturers
Exhibit 30: LED fixture installation cost
Exhibit 31: Impact of drivers and challenges
Exhibit 32: Degree of urbanization by continent 2015
Exhibit 33: Manufacturing cost of LED 2012-2020 ($/Klm)
Exhibit 34: Smart homes worldwide 2015-2020 (millions of units)
Exhibit 35: Smart homes penetration rate by geography 2015-2020
Exhibit 36: Competitive scenario 2015
Exhibit 37: Competitive scenario 2020
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FEATURED COMPANIES

  • Acuity Brands
  • Crestron Electronics
  • GE Lighting
  • Leviton Manufacturing
  • MaxLite
  • Philips Lighting Holding
  • MORE
New Report Released: - Global LED Lighting Ballast Market 2016-2020

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

Commenting on the report, an analyst from the research team said: “Declining manufacturing cost of LEDs will be a key trend for market growth. The manufacturing cost of LEDs have been declining since 2012 and will continue to decline during the forecast period. The decline is mainly due to the declining ASP of the chips and components used in the manufacturing process of the LED devices. The reduction in manufacturing cost of LEDs is leading to the decline in initial installation cost of LED lamps and fixtures. This is accelerating the installation of new LED lamps and fixtures across all the application segments.”

According to the report, demand for energy efficient lighting solutions will be a key driver for market growth. Escalating energy cost and consumption has been compelling both governments and consumers to reduce energy consumption and employ power-saving lighting solutions. LEDs are technically efficient in terms of lighting and power consumption. LEDs limit power consumption more effectively than conventional incandescent bulbs. In addition to providing power-efficient lighting, LED bulbs are considerably more durable than incandescent bulbs, by up to thousands of hours. Also, flexible LED technology enables the effective use of lighting controls and thus, increases the potential for saving. This factor has encouraged consumers to deploy LED lighting in many sectors, resulting in wider adoption.

Further, the report states that one of the challenges for the market will be the high average cost of LED fixture. Though the total cost of owning LED lamps and fixtures is low compared with traditional incandescent and halogen bulbs, the high initial cost acts as a hindrance for consumers. The total cost of installation includes cost of LED luminaires and labor cost. Also, if the consumer installs smart lighting fixtures, they have to spend additional money on the internet of things (IoT) infrastructure. The price of smart bulbs also varies by the type of manufacturers. The price of products from major smart LED bulb manufacturers varies from $15 to $180.

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.
Note: Product cover images may vary from those shown
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- Acuity Brands
- Advanced Lighting Technologies
- Atlas Lighting Products
- Eaton
- Crestron Electronics
- GE Lighting
- Hatch Transformers
- Leviton Manufacturing
- Lutron Electronics
- MaxLite
- Osram Sylvania
- Philips Lighting Holding
- Progress Lighting
- Technical Consumer Products
- Universal Lighting Technologies
- Venture Lighting International
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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