ResearchMoz added Latest Research Report titled " Global Lighting Ballasts Market 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.

Albany, NY -- (SBWire) -- 01/04/2017 --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.

The global lighting ballasts market will exceed 872 million units. 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

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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

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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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