Industry Background:
Metal Halide Lamps (MH), are the bulb which produce light by an electric arc. This electric arc is generated through the gaseous mixture of mercury & metal halides. It is high density discharge type of light which is produced within small discharge tube. These lamps majorly operates in mid-range wattage from 175 W to 2000 W. These lamps are highly applicable in the field of sports, parking, and household appliances, as it produces white bright color light. The rising popular choices for high-bay and low-bay industrial operations, warehouses, street lighting, and stadium and sports lighting are driving the market for MH lamps.This growth is primarily driven by Increasing Number of Warehouses, Parking and Many More Spaces where MH Lamps are used and Rising Number of Sports Fields Globally.
Globally, a noticeable market trend is evident Adoption of Different Colors of Lights in that Lamps other than White
. Major Vendors, such as OSRAM GmbH (Germany), General Electric Company (United States), Koninklijke Philips N.V. (The Netherlands), Acuity Brands Lighting, Inc. (United States), EYE Lighting International (United States), Contrac Lighting (United Kingdom), Lithonia Lighting (United States), Bulbrite Industries, Inc. (United States), Feit Electric Company (United States) and Larson Electronics LLC (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In Aug 2018, Larson Electronics LLC Releases 400-Watt Metal Halide Hazardous Area Flood Light. This 400-watt metal halide fixture operates on several voltage configurations including 220V, 230V, and 240V, and is ideal for hazardous work environments and locations where wet or damp conditions may be encountered.
Market Drivers
- Increasing Number of Warehouses, Parking and Many More Spaces where MH Lamps are used
- Rising Number of Sports Fields Globally
Market Trend
- Adoption of Different Colors of Lights in that Lamps other than White
- Rising Interest of People to Decorate their Household Spaces with MH Lights
Restraints
- Some Regulation towards Using Mercury as a Flaming Agent
Opportunities
A Growing number of Commercial spaces and The Increasing number of smart construction globally which in turn rise the need for MH lamps
Challenges
Concern Related Towards the Difficulty to Start These Lamps
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Metal Halide Lamps Study Sheds Light on
The Metal Halide Lamps Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Metal Halide Lamps industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Metal Halide Lamps industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.