The global energy efficient lamps and ballasts market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for energy efficient lighting solutions in commercial and industrial sectors, which are expected to drive the growth of this market. The residential sector is also expected to contribute significantly towards the growth of this market due to increased awareness about energy efficiency among consumers. The global energy efficient lamps and ballasts market has been segmented on the basis of type, application, and region. On the basis of type, it has been segmented into fluorescent lamps (T8s), CFLs (compact fluorescent lamps), LED Lamps (light emitting diode) HID Lamps (high intensity discharge). On the basis of application, it has been segmented into commercial sector, industrial sector and residential sector. On the basis of region it has been segmented into North America, Latin America Europe Asia Pacific Middle East & Africa.
Some Of The Growth Factors Of This Market:
- The increasing demand for energy efficient lamps and ballasts from the commercial sector is one of the major factors driving the growth of this market.
- The increasing awareness about energy efficiency among consumers is also driving this market's growth as people are becoming more conscious about their electricity bills and are looking for ways to reduce their electricity consumption in order to save money on their monthly bills.
- Increasing investments by governments in research and development activities related to energy efficiency technologies such as LEDs, OLEDs, etc, will also drive this market's growth over the next few years.
- Increasing demand for LED lamps from various sectors such as residential, commercial, industrial, etc, will be another factor that will drive this market's growth over the next few years.
Industry Growth Insights published a new data on “Energy Efficient Lamps and Ballasts Market”. The research report is titled “Energy Efficient Lamps and Ballasts Market research by Types (Fluorescent Lamps, CFLs, LED Lamps, HID (High Intensity Discharge) Lamps, Others), By Applications (Commercial Sector, Industrial Sector, Residential Sector), By Players/Companies Philips Lighting, Osram, GE Lighting, Acuity Brands, Cooper Lighting, Havells, Panasonic Lighting”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Energy Efficient Lamps and Ballasts Market Research Report
By Type
Fluorescent Lamps, CFLs, LED Lamps, HID (High Intensity Discharge) Lamps, Others
By Application
Commercial Sector, Industrial Sector, Residential Sector
By Companies
Philips Lighting, Osram, GE Lighting, Acuity Brands, Cooper Lighting, Havells, Panasonic Lighting
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Energy Efficient Lamps and Ballasts Market Report Segments:
The global Energy Efficient Lamps and Ballasts market is segmented on the basis of:
Types
Fluorescent Lamps, CFLs, LED Lamps, HID (High Intensity Discharge) Lamps, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Sector, Industrial Sector, Residential Sector
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips Lighting
- Osram
- GE Lighting
- Acuity Brands
- Cooper Lighting
- Havells
- Panasonic Lighting
Highlights of The Energy Efficient Lamps and Ballasts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fluorescent Lamps
- CFLs
- LED Lamps
- HID (High Intensity Discharge) Lamps
- Others
- By Application:
- Commercial Sector
- Industrial Sector
- Residential Sector
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Energy Efficient Lamps and Ballasts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Energy efficient lamps and ballasts are designed to save energy by using less power.
Some of the major companies in the energy efficient lamps and ballasts market are Philips Lighting, Osram, GE Lighting, Acuity Brands, Cooper Lighting, Havells, Panasonic Lighting.
The energy efficient lamps and ballasts market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Energy Efficient Lamps and Ballasts Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Energy Efficient Lamps and Ballasts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Energy Efficient Lamps and Ballasts Market - Supply Chain
4.5. Global Energy Efficient Lamps and Ballasts Market Forecast
4.5.1. Energy Efficient Lamps and Ballasts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Energy Efficient Lamps and Ballasts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Energy Efficient Lamps and Ballasts Market Absolute $ Opportunity
5. Global Energy Efficient Lamps and Ballasts Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Type
5.3.1. Fluorescent Lamps
5.3.2. CFLs
5.3.3. LED Lamps
5.3.4. HID (High Intensity Discharge) Lamps
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Energy Efficient Lamps and Ballasts Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Application
6.3.1. Commercial Sector
6.3.2. Industrial Sector
6.3.3. Residential Sector
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Energy Efficient Lamps and Ballasts Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Energy Efficient Lamps and Ballasts Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Energy Efficient Lamps and Ballasts Demand Share Forecast, 2019-2026
9. North America Energy Efficient Lamps and Ballasts Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Application
9.4.1. Commercial Sector
9.4.2. Industrial Sector
9.4.3. Residential Sector
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Type
9.7.1. Fluorescent Lamps
9.7.2. CFLs
9.7.3. LED Lamps
9.7.4. HID (High Intensity Discharge) Lamps
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Energy Efficient Lamps and Ballasts Demand Share Forecast, 2019-2026
10. Latin America Energy Efficient Lamps and Ballasts Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Application
10.4.1. Commercial Sector
10.4.2. Industrial Sector
10.4.3. Residential Sector
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Type
10.7.1. Fluorescent Lamps
10.7.2. CFLs
10.7.3. LED Lamps
10.7.4. HID (High Intensity Discharge) Lamps
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Energy Efficient Lamps and Ballasts Demand Share Forecast, 2019-2026
11. Europe Energy Efficient Lamps and Ballasts Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Application
11.4.1. Commercial Sector
11.4.2. Industrial Sector
11.4.3. Residential Sector
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Type
11.7.1. Fluorescnt Lamps
11.7.2. CFLs
11.7.3. LED Lamps
11.7.4. HID (High Intensity Discharge) Lamps
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Energy Efficient Lamps and Ballasts Demand Share, 2019-2026
12. Asia Pacific Energy Efficient Lamps and Ballasts Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Application
12.4.1. Commercial Sector
12.4.2. Industrial Sector
12.4.3. Residential Sector
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Type
12.7.1. Fluorescent Lamps
12.7.2. CFLs
12.7.3. LED Lamps
12.7.4. HID (High Intensity Discharge) Lamps
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Energy Efficient Lamps and Ballasts Demand Share, 2019-2026
13. Middle East & Africa Energy Efficient Lamps and Ballasts Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Application
13.4.1. Commercial Sector
13.4.2. Industrial Sector
13.4.3. Residential Sector
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Energy Efficient Lamps and Ballasts Market Size and Volume Forecast by Type
13.7.1. Fluorescent Lamps
13.7.2. CFLs
13.7.3. LED Lamps
13.7.4. HID (High Intensity Discharge) Lamps
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Energy Efficient Lamps and Ballasts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Energy Efficient Lamps and Ballasts Market: Market Share Analysis
14.2. Energy Efficient Lamps and Ballasts Distributors and Customers
14.3. Energy Efficient Lamps and Ballasts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Philips Lighting
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Osram
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GE Lighting
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Acuity Brands
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cooper Lighting
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Havells
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Panasonic Lighting
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook