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High Intensity Discharge (HID) Bulbs Global Market Report 2021 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2015-2020, and the forecast period – 2021-2025, with additional forecasts for 2025-2030. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the high intensity discharge (HID) bulbs industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected high intensity discharge (HID) bulbs market growth numbers from 2021-2030.
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The global high intensity discharge bulbs market is expected to decline from $6.55 in billion 2020 to $5.66 billion in 2021 at a compound annual growth rate (CAGR) of -13.6%. The market’s decline is attributed to the strict energy efficiency standards and growing inclination towards cost-effective substitutes. The HID bulbs market is expected to reach $3.46 billion in 2025 at a CAGR of -12%.
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The High Intensity Discharge (HID) Bulbs Global Market Report 2020-30 by The Business Research Company evaluates high intensity discharge (HID) bulbs market size, growth rate, drivers, high intensity discharge (HID) bulbs industry trends, and major companies.
The high intensity discharge (HID) bulbs market segments in the report are:
1) By Product Type: Metal Halide Light, High-Pressure Sodium Light, Xenon Arc Light, Other
2) By Application: Industrial, Agriculture, Medical, Other
3) By Distribution Channel: OEM, Aftermarket
4) By Mode: Online, Offline
The table of contents in TBRC’s high intensity discharge (HID) bulbs market report includes:
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