Overview and Scope
High-intensity discharge light bulbs and lamps are a family of gas-discharge arc lamps that create light by sending an electrical discharge between two electrodes and through plasma, or ionized gas.
Sizing and Forecast
The high intensity discharge (HID) bulbs market size has declined steeply in recent years. It will decline from $3.51 billion in 2023 to $3.02 billion in 2024 at a compound annual growth rate (CAGR) of -13.9%. The decline in the historic period can be attributed to limited color options, warm-up time, mercury content, maintenance costs.
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.
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The high intensity discharge (hid) bulbs market covered in this report is segmented –
1) By Product Type: Metal Halide Light, High-Pressure Sodium Light, Xenon Arc Light, Other Product Types
2) By Application: Industrial, Agriculture, Medical, Other Applications
3) By Distribution Channel: OEM, Aftermarket
Sub-Segments- By Mode: Online, Offline
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
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Major Driver Impacting Market Growth
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.
Key Industry Players
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
The high intensity discharge (hid) bulbs market report table of contents includes:
1. Executive Summary
2. High Intensity Discharge (HID) Bulbs Market Characteristics
3. High Intensity Discharge (HID) Bulbs Market Trends And Strategies
4. High Intensity Discharge (HID) Bulbs Market – Macro Economic Scenario
5. Global High Intensity Discharge (HID) Bulbs Market Size and Growth
……….
31. Global High Intensity Discharge (HID) Bulbs Market Competitive Benchmarking
32. Global High Intensity Discharge (HID) Bulbs Market Competitive Dashboard
33. Key Mergers And Acquisitions In The High Intensity Discharge (HID) Bulbs Market
34. High Intensity Discharge (HID) Bulbs Market Future Outlook and Potential Analysis
35. Appendix
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