The high intensity discharge (HID) bulbs market size is expected to see steep decline in the next few years. It will decline to $1.54 billion in 2028 at a compound annual growth rate (CAGR) of -15.5%. The decline in the forecast period can be attributed to energy efficiency standards, market competition, dimming compatibility, technological obsolescence, environmental regulations. Major trends in the forecast period include transition to led, smart lighting control, custom spectrum lighting, improved lumen output, sustainability and recycling.
Rising demand for bulbs with high luminaire values is driving the high-intensity discharge bulb market. High-intensity discharge bulb (HID) headlamps provide more high-intensity light on the road than traditional halogen headlamps. HID headlamps provide a cool white color at a temperature of 4,500 Kelvin, compared to yellowish halogen headlamps at 3,200 Kelvin. Furthermore, HID lamps illuminate a larger area compared to halogen headlights.
The rising investments in infrastructure development are expected to propel the growth of the high-intensity discharge (HID) bulb market. Infrastructure development refers to the process of planning, designing, financing, constructing, and maintaining physical and organizational structures and facilities that are essential for the functioning of a society or economy. HID bulbs contribute to infrastructure development by offering reliable, energy-efficient, and high-quality lighting solutions for various project requirements, ensuring the safety, functionality, and aesthetics of these infrastructure investments. For instance, in April 2023, according to the World Bank, a US-based international financial institution, infrastructure investments in low- and middle-income countries showed a sustained recovery in 2022. Private participation in infrastructure (PPI) investments surged to $91.7 billion across 263 projects, reflecting a notable 23% increase compared to 2021. Therefore, rising investments in infrastructure development will drive the growth of the high-intensity discharge (HID) bulb market. Stringent energy efficiency standards and regulations imposed on HID lamps are acting as a restraint on the market. The category of HID bulbs like metal halides is subjected to tighter regulatory standards. For instance, the U.S. Department of Energy (DOE) issued new energy efficiency standards for metal halide luminaries and tightened the standards by expanding the coverage from low-wattage (50-149W) to high-wattage (501-1000W) luminaires. These strict regulations are impacting the growth of the HID bulb market.
HID bulbs manufacturing companies are focusing on introducing new technologically advanced products into the market. In addition to design, manufacturers are also focusing on energy efficiency by investing in in-house R&D and forming strategic partnerships. Manufacturers are focusing on producing HID lamps with limited light pollution compared to LED and metal halide and improved life.
Companies in the high-intensity discharge (HID) bulb market are increasingly focusing on mergers and acquisitions to improve their financial strength and product portfolio. Mergers and acquisitions aim to achieve strategic goals such as market expansion, technology enhancement, cost savings, and competitive advantage. For instance, in March 2021, Ams AG, an Austrian-based electronics company, acquired OSRAM Licht AG for $1.26 billion (€1.2 billion). With this acquisition, Ams strengthens its focus on product development with the incredible breadth of Osram’s patent portfolio across emerging technologies. OSRAM Licht AG is a Germany-based electric light manufacturer specializing in high-intensity discharge bulbs such as Mercury Short-Arc Lamps.,
Major companies operating in the high intensity discharge (hid) bulbs market include Acuity Brands Lighting Inc., Lithonia Lighting, Bulbrite Industries Inc., Contrac Lighting, Crompton Greaves Ltd., EYE Lighting International of North America Inc., Feit Electric Company, General Electric Company, Halonix Limited, Havells India Limited, NVC Lighting Technology Corporation, OSRAM GmbH, Hella KGaA Hueck & Co., Valeo S.A., Koito Manufacturing Co. Ltd., Panasonic Corporation, Hubbell Incorporated, First SOURCE Electrical LLC, PAK, Yankon Group Co. Ltd., Cnlight Co. Ltd., Opple Lighting Co. Ltd., Sylvania, Eaton Corporation, Robertson Worldwide, Koninklijke Philips N.V., Ushio America Inc., Venture Lighting International Inc., Westinghouse Lighting Corporation, Advanced Lighting Technologies Inc., American Electric Lighting, Iwasaki Electric Co. Ltd., Narva Lichtquellen GmbH & Co. KG, Neolux, Toshiba Lighting & Technology Corporation.
Asia Pacific was the largest region in the high intensity discharge (HID) bulbs market in 2023. The regions covered in the high intensity discharge (hid) bulbs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa The countries covered in the high intensity discharge (hid) bulbs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The main product types of high-intensity discharge (HID) bulbs are metal halide light, high-pressure sodium light, xenon arc light, and others. A metal halide lamp is an electrical lamp that generates light through an electric arc using a gaseous mixture of vaporized mercury and metal halides (compounds of metals with bromine or iodine). The products are operated in online and offline modes and are distributed through OEM and aftermarket channels. The various applications include industrial, agriculture, medical, and others.
The high-intensity discharge (HID) bulbs market research report is one of a series of new reports provides high-intensity discharge (HID) bulbs market statistics, including high-intensity discharge (HID) bulbs industry global market size, regional shares, competitors with a high-intensity discharge (HID) bulbs market share, detailed high-intensity discharge (HID) bulbs market segments, market trends and opportunities, and any further data you may need to thrive in the high-intensity discharge (HID) bulbs industry. This high-intensity discharge (HID) bulb market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The high-intensity discharge (HID) bulbs market consists of sales of metal halide light, high-pressure sodium light, xenon arc light, and other high-intensity discharge (HID) bulbs. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
High Intensity Discharge (HID) Bulbs Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on high intensity discharge (hid) bulbs market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for high intensity discharge (hid) bulbs? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Report Scope
Markets Covered:
1) by Product Type: Metal Halide Light; High-Pressure Sodium Light; Xenon Arc Light; Other Product Types2) by Application: Industrial; Agriculture; Medical; Other Applications
3) by Distribution Channel: OEM; Aftermarket
Sub-Segments- by Mode: Online; Offline
Key Companies Mentioned: Acuity Brands Lighting Inc.; Lithonia Lighting; Bulbrite Industries Inc.; Contrac Lighting; Crompton Greaves Ltd
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Acuity Brands Lighting Inc.
- Lithonia Lighting
- Bulbrite Industries Inc.
- Contrac Lighting
- Crompton Greaves Ltd.
- EYE Lighting International of North America Inc.
- Feit Electric Company
- General Electric Company
- Halonix Limited
- Havells India Limited
- NVC Lighting Technology Corporation
- OSRAM GmbH
- Hella KGaA Hueck & Co.
- Valeo S.A.
- Koito Manufacturing Co. Ltd.
- Panasonic Corporation
- Hubbell Incorporated
- First SOURCE Electrical LLC
- PAK
- Yankon Group Co. Ltd.
- Cnlight Co. Ltd.
- Opple Lighting Co. Ltd.
- Sylvania
- Eaton Corporation
- Robertson Worldwide
- Koninklijke Philips N.V.
- Ushio America Inc.
- Venture Lighting International Inc.
- Westinghouse Lighting Corporation
- Advanced Lighting Technologies Inc.
- American Electric Lighting
- Iwasaki Electric Co. Ltd.
- Narva Lichtquellen GmbH & Co. KG
- Neolux
- Toshiba Lighting & Technology Corporation