Digital Ballast Market Scope
Digital ballast is a piece of lighting equipment that is used in small and large grow rooms. It regulates the voltage a high-density discharge light or fluorescent light receives to prevent the bulb from overheating and exploding. It regulates and monitors through microprocessor technology. The ballast can be bought separately or as a complete lighting system package. The integration to computer technology makes them smaller and are efficient to operate at a much cooler temperature.
The global digital ballast market is fragmented in nature due to the presence of more players in the market. Most of the players are adopting various strategies to remain competitive in the market such as product innovation, technological advancement, and merger & acquisitions.The Manufacturers having a strong hold in the market are Eaton Corporation Inc, DAISALUX, and Delta Electronics, Inc.. Research Analyst at AMA estimates that European Manufacturers will contribute to the maximum growth of Global Digital Ballast market throughout the predicted period.
Eaton Corporation Inc (Ireland), DAISALUX (Spain), Delta Electronics, Inc. (Taiwan), Eckerle Technologies GmbH (Germany), IREM SPA ( Italy) and Leistungselektronik JENA GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are WEDECO (United States) and Nanolux (United States).
Segmentation Overview
The study have segmented the market of Global Digital Ballast market by Type (Quartz Bactericidal Lamp Ballast, Electronic Ballast For Ring Lamp, One Dragging One and One Dragging Two), by Application (Outdoor Lightbox, Vapor Lamps, Fluorescent Lamps and Halogen Lamps) and Region with country level break-up.
On the basis of geography, the market of Digital Ballast 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 Trend:
Rising Demand of Smaller, Lighter, and More Efficient Digital Ballast
Market Growth Drivers:
Increasing Awareness Regarding Energy Saving Globally and Growing Use of High Fluorescent Lamps
Challenges:
market is the rising demand for digital ballasts from plant factories.
Restraints:
High-Cost Associated with Digital Digital Ballast
Opportunities:
Technological Advancement and Development in the Ballast is Creates Opportunities for Market
Market Leaders and their Expansionary Development Strategies
In 2020, Eaton Completes the Acquisition of Power Distribution, Inc., Expanding Data Center Power Distribution and Monitoring Solutions.PDI is a leading supplier of mission-critical power distribution, static switching, and power monitoring equipment and services for data centers and industrial and commercial customers.
In 2020, Nanolux, a leader in digital ballast has launched Nanolux Base Series Digital Ballast for 1000 Watt 120/240 Volt. The ballast comes with a dual industry output cord. The reduced length of the case with a more compact circuit board design.
The electronic and digital ballast is regulated by IEEE standard.
Key Target Audience
Digital Ballast Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.