HID Ballast Market

HID Ballast Market - Size, Share, Outlook
and Opportunity Analysis, 2018 – 2026
High Intensity Discharge (HID) ballast is an electrical device, which is used to control
the voltage and arc current of high intensity discharge lamps during their operation. The
HID ballast is a complex system consisting several components, (such as CANBUS
modules, which are input wires with modules to smooth the power signal coming in, and
provide extra resistance to the vehicle's circuit) which are tailored to accomplish specific
tasks. The main controller circuit of the ballast has two main functions. Firstly, it inverts
the power into an AC signal and controls the voltage output as the bulb operates and
does this by sensing resistance in the bulb, thousand times per second. Secondly, it
adjusts the output so that it conforms to the requirement of the application. A HID ballast
is a power controller used in lighting systems. They are classified into a number of
categories such as reactor ballast, lag ballast, regulator ballast, and auto regulator
ballast.
Increasing Use of HID Ballast in Car Headlamps for Better Illumination Efficiency
is One of the Key Driving Factors of The Global HID Ballast Market
Increasing adoption of HID ballast in the automotive sector is driving growth of the HID
ballast market. HID ballast is used in car headlamps in order to increase their
illumination efficiency. Moreover, increasing adoption and sales of energy efficient
lighting systems for enhanced outdoor brightness in areas such as stadiums and
parking places is positively contributing to growth of the HID ballast market. Stringent
regulations such as the Energy Independence and Security Act of 2007, is fuelling
demand for energy-efficient light sources such as LEDs. Most of the legislations focus
mainly on two bases, i.e., controlling the energy distribution balance (supply – demand
balance) and ensuring compliance with global environmental emission norms. This is
expected to boost adoption of low-energy light sources. These regulations are expected
to aid the growth of the HID ballast market during the forecast period.
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In September, 2016, a revolutionary ban was imposed in China against incandescent
light bulbs. Europe is further accelerating the switchover to more ecological lighting
sources by extending its regulations to ban low-voltage halogen lamps, and the
government of India is taking initiatives to provide LED bulbs at subsidized rates. These
factors are expected to aid in growth of the marker.
Global HID Ballast Market: Regional Insights
On the basis of geography, the global HID ballast market is segmented into North
America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America
accounted for the largest share of the HID ballast market in 2017 and it is expected to
witness further growth during the forecast period. This is owing to increase in
investments made by governments of countries in the region to replace conventional
lighting systems with energy efficient lighting systems According to a report released by
the US Energy Information Administration in July 2018, the government extended a
30% tax credit for infrastructure developers who used energy efficient electrical systems
in their constructions. Furthermore, Asia Pacific is expected to witness significant
growth during the forecast period. This is owing to growing awareness regarding the
use of HID ballast in automotive, residential, and industrial sectors to increase energy
efficiency. The United Nations Economic & Social Cooperation for Asia Pacific’s Report
released in 2017 stated that Asia Pacific adopted energy-efficient lighting systems in all
new commercial and residential buildings. According to a white paper released by the
United Nations Environmental Program (UNEP) in 2017, the Latin America market for
HID ballast is also expected to showcase growth due to increasing investment to
replace tunnel and streetlights with energy efficient lights. Moreover, according to a
press release by the Center for Industrial Studies released in November 2016, the
increasing demand for decorative lighting in Latin America is expected to aid in growth
of the HID ballast market.
Global HID Ballast Market: Competitive Landscape
The global HID ballast market is highly fragmented and varies among countries and
regions. It involves the participation of a large number of players holding prominent
share in respective local markets. Key players operating in the HID ballast market
include, Philips Lighting Holding B.V., General Electric Company, Fulham Co., Inc., Villa
Industrias, S.A. de C.V., Eaton Corporation, Westinghouse Electric Corporation,
Morimoto HID, Satco Products Inc., Howard Industries, Inc., Halco Lighting
Technologies, Iris Energy Private Limited, and OSRAM Licht AG.
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The research report on HID Ballast Market is segmented by Product Type, by Application, by Sales Channel and by Region - Size, Share, Outlook and Opportunity Analysis, 2018 – 2026