What is Induction Lamps Market Scope?
Induction Lamps are a gas discharge lamp, these lamps help in transferring the power that is required to produce light by the help of the magnetic or electric field. It uses internal electrodes as the source of power supply to the conductors. These lamps provide an efficient brightness for any application in which these are used. They are majorly used as it is energy-efficient lamps. Rising demand for energy-efficient lamps are driving the market.
The Induction Lamps market study is being classified by Type (External Induction Lamps, Internal Induction Lamps and Others), by Application (Residential, Commercial, Industrial, Public Area and Others) and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from Global will contribute to the maximum growth of Global Induction Lamps market throughout the predicted period.
GE Lighting (United States), Philips Lumec (Netherlands), ItalTesla (Italy), Neptun Light (United States), ELX Lighting (United States), LSLCo (United Kingdom), Advanced Green Economy (AGE) (Italy), Karee Lighting (India), AMKO Solara (Taiwan), Shanghai Hongyuan Lighting (Shanghai) and Taizhou Lumen Lighting (China) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Induction Lamps market by Type, Application and Region.
On the basis of geography, the market of Induction Lamps 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).
Influencing Market Trend
- Increased Adoption of UV LEDs in Consumer Electronics
Market Drivers
- Increasing Sports Activities Globally
- Rising Demand for Energy Efficient Lamps
Opportunities
- Rising Many Applications of these Induction Lamps
Restraints
- High Cost of Installation of these Lamps
- Availability of substitutes in the market
Challenges
- Issues Related to the Malfunctioning of These Lamps
Key Target Audience
Original device manufacturers (ODMs), System integrators, Stadium lighting original equipment manufacturers (OEMs), Raw material suppliers, Assembly and packaging vendors, Technical universities, Government research agencies and Others
Customization available in this Study:
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