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The global plasma lighting market was valued at USD 290.42 Million in 2018; it is expected to reach USD 420.00 Million by the end of the forecast period at a CAGR of 5.4%.
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Plasma Lighting Market Research Report By Forecast To 2025 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2025 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Plasma Lighting Market Forecast To 2025 Plasma Lighting Market Overview The global plasma lighting market was valued at USD 290.42 Million in 2018; it is expected to reach USD 420.00 Million by the end of the forecast period at a CAGR of 5.4%. Plasma lighting systems consist of electrodeless metal halide lamps that produce light from arc discharge operated under high pressure. Plasma lights are also known as light-emitting plasma, and consist of full-spectrum light—from ultraviolet to infrared. As a long wattage lamp or bulb, they are highly energy-efficient and provide a number of benefits. The plasma lighting system typically includes some components such as lamps or emitters; these consist of light-emitting gas that operates under high pressure. An applicator is used for coupling power to the lamps, and high-frequency ballast such as magnetron generator or radio-frequency generator. A number of plasma lighting systems require separate low voltage direct current power supply to provide power to high-frequency drivers. In August 2018, Ceravision Ltd launched UV 420HEP. This product offers UV spectrum, prolonged life and output, larger yields, higher quality, and better crop protection. This plasma grow light produces visible green and blue spectrum light and high levels of ultra-violet - UV-A light and UV-B light. Free Report Sample @ https://www.marketresearchfuture.com/sample_request/8468 www.marketresearchfuture.com
Plasma Lighting Market Forecast To 2025 Segmental Analysis The Global Plasma Lighting Market was valued at USD 290.42 Million in 2018; it is expected to reach USD 420.00 Million by the end of the forecast period at a CAGR of 5.4%. The trend of plasma lighting is gaining popularity, and companies are continuously focusing on developing technologies for roadways, highways, and sports & entertainment applications. Increasing the government's focus on energy-efficient light sources and energy conservation and increasing infrastructure are expected to drive the market during the forecast period. However, the high initial cost of plasma lights is expected to restrain the market during the forecast period. • The plasma lighting global market has been segmented based on wattage, distribution channel, application, and region. • By wattage: 100 W, 700 W, and 300W. • Based on the distribution channel: retail and commercial. • By application: street lighting, highways, sports & Entertainment, tunnel lights, horticulture, and others. • By region: North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. www.marketresearchfuture.com
Plasma Lighting Market Forecast To 2025 Segmental Analysis By wattage, the plasma lighting market has been segmented into 100 W, 700 W, and 300W. By distribution channel, the plasma lighting market has been segmented into retail and commercial. By application, the plasma lighting market has been segmented into street lighting, highways, sports & Entertainment, tunnel lights, horticulture, and others. By region, the plasma lighting market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Globally, the plasma lighting market has been categorized into five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Europe is expected to dominate the market during the forecast period. Government initiatives in favor of plasma lighting control systems and smart city initiatives are expected to dominate the market of plasma lighting in this region. Asia-Pacific is expected to be in the second position and grow at a faster rate during the forecast period due to various infrastructure development projects such as smart cities across the region. Countries such as China, Japan, South Korea, and India are expected to dominate the market of plasma lighting during the forecast period. North America is expected to occupy the third position in terms of market share due to the early adoption of the latest technologies and the presence of global players such as Hive Lighting Inc. The US is expected to dominate the market of plasma lighting during the forecast period. However, the market in Canada is expected to grow at a higher rate during the forecast period. Regional Analysis www.marketresearchfuture.com
Plasma Lighting Market Forecast To 2025 Competitive Analysis Prominent players in the global Plasma Lighting Market are Ceravision (UK), Hive Lighting (US), KA Shui International Holdings (Hong Kong), Gavita (Netherlands), Green De Corp (Hong Kong), Griffin & Ray (UAE), Fusionlux (Luxembourg), Guangzhou Kaiming Industries (China), Birns (US), Solaronix (Switzerland), RFHIC Corporation (South Korea), and Pure Plasma Lighting (US) among others. Other companies profiled in the report are Component Manufacturers Semiconductor Vendors, System Integrators , Distribution Centers, Software Developers, Manufacturing Companies, Research Institutes and Organizations, Technology Standards Organizations Browse Report @ https://www.marketresearchfuture.com/reports/plasma-lighting-market-8468 www.marketresearchfuture.com
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