Global Lighting Ballasts Market Analysis, Share, Trends and Forecast 2016 - 2020: has recently announced the addition of a market study “Global Lighting Ballasts Market 2016-2020”, is a comparative analysis of the global market.


Albany, NY -- (SBWIRE) -- 08/29/2016 -- 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.

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

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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:


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
GE Lighting
Hatch Transformers
Leviton Manufacturing
Lutron Electronics Company
Osram Sylvania
Philips Lighting Holding BV
Progress Lighting
Technical Consumer Products
Universal Lighting Technologies
Venture Lighting International

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Market driver
Regulations on use of energy-inefficient lighting components
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Market challenge
Lack of global LED standardization
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Market trend
Increase in number of households and urbanization
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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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