About Halogen Bulbs
Halogen is a kind of lights science that is in reality an greater model of incandescent. Halogen mild bulbs are incandescent lamps that comprise a small quantity of bromine or iodine added. The halogen mild bulb or lamp is a kind of incandescent lamp which makes use of a halogen fuel in order to enlarge each mild output and rated life. They are regarded for slightly excessive efficiency, nice of light, and excessive rated existence in contrast to normal incandescent lamps.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Halogen Bulbs market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Autolite Limited (India), Larson Electronics LLC (United States), PIAA Corporation (United States), Surya Roshni Ltd. (India), Halonix Limited (India), Bulbrite Industries, Inc. (United States), OSRAM GmbH (Germany), Halogen Lighting Products Corporation (United States), General Electric Company (United States) and Havells USA (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Hi Score Corporation (United States), Koninklijke Philips N.V. (Netherlands) and Westinghouse Lighting Corp. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Halogen Bulbs market by Type (Lodine Tungsten Bulb, Bromine Tungsten Bulb and Metal Halide Bulb), Application (Architectural, Home Use and Stage Lighting) and Region.
On the basis of geography, the market of Halogen Bulbs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Halogen Bulbs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Wattage, the sub-segment i.e. < 10 watts will boost the Halogen Bulbs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Product innovation according to customer needs
Market Growth Drivers:
Rising demand in automotive industry
Challenges:
High competition by low priced
Restraints:
Growing demand for LED and laser headlights in cars and bikes
Opportunities:
Growing technologies and new developments with unique properties, distinct characteristics
Market Leaders and their expansionary development strategies
In 2019, Halonix launches yet another innovation in the LED lights segment by introducing Inverter LED Battens with upto 4 hours of back-up. These battens will provide light back-up of upto 4 hours in the advent of a power-cut. The Halonix Inverter LED battens will provide a convenient and easy to access solution to homes, shops and offices which get affected by power cuts.
In October 2023, Halonix Technologies, one of India's fastest-growing electrical companies, launched of India's first 'UP-DOWN GLOW' LED Bulb, demonstrating its commitment to enriching lives through pioneering technology. As the name suggests, both the upper part (Dome) and the lower part (stem) glow in different colours, giving consumers different options of creating some magic with the lighting in their room through 3 different switch enabled modes.
Key Target Audience
Manufactures, Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.