Arc-based Plasma Lighting Market by Light Source, Wattage (501 to 1500 W, Above 1500 W, Below 500 W), Application

Description

List of Tables

[196 Pages Report] The Arc-based Plasma Lighting Market size was estimated at USD 576.36 million in 2023 and expected to reach USD 600.34 million in 2024, at a CAGR 4.29% to reach USD 773.46 million by 2030.

Arc-based plasma lighting is an advanced form of lighting technology that generates light by creating an arc of electrical current within a bulb filled with gas. This process excites plasma within the bulb, producing a bright light that mimics natural daylight. This technology is notable for its high efficiency, longevity, and quality of light, making it a suitable choice for a wide range of applications, including street lighting, industrial spaces, and agricultural operations. Increasing demand for energy-efficient and long-lasting lights with the availability of government initiatives promoting plasma lighting control systems is driving the growth of the arc-based plasma lighting market. The versatility of plasma lighting in terms of its application across various industries, from agriculture, where it supports plant growth, to industrial applications for high-quality illumination is expanding the market scope. However, high costs and technical limitations associated with arc-based plasma lighting hamper the growth of the market. The technological advancements in the development of arc-based plasma lighting solutions that improve its functionality and effectiveness are expected to create opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 576.36 million
Estimated Year [2024]	USD 600.34 million
Forecast Year [2030]	USD 773.46 million
CAGR (%)	4.29%

Light Source: Growing usage of krypton arc lamps due to their efficiency and ability to produce a high intensity of light

Krypton arc lamps use krypton gas as the primary medium to create light. When an electric current passes through the krypton gas, it becomes ionized, producing a bright, white light. These lamps are known for their excellent color rendering and ability to simulate natural daylight. Still, they are more niche due to the specific applications they serve, such as in certain types of photography and scientific instrumentation. Mercury vapor lamps operate by passing an electrical current through mercury vapor. This process produces light that is very bright and has a relatively efficient output compared to other lighting technologies. Mercury vapor lamps emit a bluish light, which is often corrected with phosphors to produce a more natural white light. They are commonly used in street lighting, industrial settings, and for large-scale illumination needs. Metal halide lamps are a type of high-intensity discharge (HID) lighting that uses a mixture of gases, including mercury vapor and metal halides. These lamps are known for their high efficiency and excellent color rendering capabilities, making them suitable for a wide range of applications, from commercial and industrial to sports facilities and public spaces. Metal halide lamps can produce light of various colors depending on the metal halides used. Xenon arc lamps generate light by passing electricity through ionized xenon gas. They are characterized by a bright, white light that closely resembles natural daylight. Xenon arc lamps are highly regarded for their stable output and ability to render colors accurately. Due to these qualities, they find applications in movie projectors, automotive headlights, and searchlights.

Application: High potential of arc-based plasma lighting in the agricultural sector for facilitating plant growth

Employed in indoor farming and greenhouses, plasma lighting facilitates plant growth by simulating natural sunlight, which is essential for photosynthesis. Its spectrum can be fine-tuned to cater to the specific needs of various plants, enhancing growth cycles and yield. In aquariums & zoo settings, plasma lighting reproduces the natural light conditions required by many aquatic and terrestrial species. It promotes the health and well-being of animals by mimicking their natural habitats, all while being energy efficient. In film & television production plasma lighting offers a full spectrum of light close to natural daylight, plasma lighting is ideal for film and TV production. It ensures that colors are rendered accurately on camera, is flicker-free even at high speeds, and generates less heat, making it more comfortable for performers and crew. Arc-based plasma lighting's durability and ability to provide bright, high-quality light make plasma lighting well-suited for factories, warehouses, and other industrial sites. It enhances visibility, safety, and productivity, even in harsh environmental conditions. In the military & defense sectors, plasma lighting's high luminosity and reliability are crucial. It can be used in field operations, security, and other applications where dependable, high-quality light is essential for nighttime visibility and operations. Plasma lighting creates an inviting atmosphere in shops and commercial areas, accurately rendering colors and drawing attention to products. Its energy efficiency also reduces operational costs. In stadiums & outdoor sports facilities plasma lighting provides bright, uniform lighting across large areas, enhancing visibility for players and spectators. Its rapid warm-up and restrike times ensure minimal disruptions during events. Cities and municipalities use plasma lighting for streetlights due to its long lifespan and energy efficiency, reducing maintenance and energy costs. It also improves safety by providing bright, high-quality illumination. In water treatment facilities, plasma lighting assists in the disinfection process by breaking down harmful substances in the water, making it safer for consumption and release into the environment.

Regional Insights

In the Americas, the adoption and development of arc-based plasma lighting technologies are constantly increasing with the robust interest in energy-efficient and long-lasting lighting solutions, spurred by governmental policies promoting energy savings and sustainable infrastructure projects. The Asia-Pacific region is witnessing a significant growth trajectory in the arc-based plasma lighting market, led by countries such as China, Japan, South Korea, and Australia. This growth is primarily fueled by rapid industrialization, urbanization, and the increasing emphasis on energy conservation measures. The region's vast manufacturing base, coupled with governmental initiatives to upgrade to high-efficiency lighting in public infrastructure, commercial sectors, and urban areas, further propels the demand for advanced lighting solutions, including arc-based plasma lighting. Europe, with its stringent energy efficiency regulations and green energy initiatives, is at the forefront, adopting innovative lighting solutions to meet sustainability goals. The Middle East, with its booming construction and smart city projects, shows potential growth areas for advanced lighting systems including, arc-based plasma lighting. Africa, although slower in adoption due to infrastructure and economic constraints, is beginning to recognize the long-term benefits and cost savings of energy-efficient lighting systems in tackling its energy challenges.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Arc-based Plasma Lighting Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Arc-based Plasma Lighting Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Arc-based Plasma Lighting Market, highlighting leading vendors and their innovative profiles. These include Acuity Brands, Inc., ams-OSRAM AG, Arclight Dynamics, Bridgelux, Inc., Bright Light Systems, Inc., Ceravision Limited, Excelitas Technologies Corp., Gavita International B.V., General Electric Company, Hive Lighting Inc., Intematix Corporation, LEDVANCE GmbH, LG Electronics Inc., LUXIM Corporation, Luxtronix Technologies Inc., MKS Instruments, Inc., Panasonic Corporation, Samsung Electronics Co., Ltd., Signify Holding, Topanga Technologies, Inc., and Ushio Inc..

Market Segmentation & Coverage

This research report categorizes the Arc-based Plasma Lighting Market to forecast the revenues and analyze trends in each of the following sub-markets:

Light Source
- Krypton Arc Lamps
- Mercury Vapor Lamps
- Metal Halide Lamps
- Xenon Arc Lamps

Wattage
- 501 to 1500 W
- Above 1500 W
- Below 500 W

Application
- Agriculture
- Aquariums & Zoos
- Film & Television Production
- Industrial Settings
- Military & Defence
- Retail & Commercial Spaces
- Stadiums & Outdoor Sports Facilities
- Street Lighting
- Water Treatment

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Arc-based Plasma Lighting Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Arc-based Plasma Lighting Market?

3. What are the technology trends and regulatory frameworks in the Arc-based Plasma Lighting Market?

4. What is the market share of the leading vendors in the Arc-based Plasma Lighting Market?

5. Which modes and strategic moves are suitable for entering the Arc-based Plasma Lighting Market?

Product Code: MRR-CA100284D0BB

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for energy-efficient and long-lasting lights
  - 5.1.1.2. Government initiatives promoting plasma lighting control systems
  - 5.1.1.3. Growing number of indoor farms equipped with plasma lighting across the globe
- 5.1.2. Restraints
  - 5.1.2.1. High initial investment for arc-based plasma lighting systems
- 5.1.3. Opportunities
  - 5.1.3.1. Growing technological advancements in arc-based plasma lighting solutions
  - 5.1.3.2. High potential of arc-based plasma lighting for water treatment
- 5.1.4. Challenges
  - 5.1.4.1. Certain technical limitations with the usage of arc-based plasma lighting
5.2. Market Segmentation Analysis
- 5.2.1. Light Source: Growing usage of krypton arc lamps due to their efficiency and ability to produce a high intensity of light
- 5.2.2. Application: High potential of arc-based plasma lighting in the agricultural sector for facilitating plant growth
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Arc-based Plasma Lighting Market, by Light Source

6.1. Introduction
6.2. Krypton Arc Lamps
6.3. Mercury Vapor Lamps
6.4. Metal Halide Lamps
6.5. Xenon Arc Lamps

7. Arc-based Plasma Lighting Market, by Wattage

7.1. Introduction
7.2. 501 to 1500 W
7.3. Above 1500 W
7.4. Below 500 W

8. Arc-based Plasma Lighting Market, by Application

8.1. Introduction
8.2. Agriculture
8.3. Aquariums & Zoos
8.4. Film & Television Production
8.5. Industrial Settings
8.6. Military & Defence
8.7. Retail & Commercial Spaces
8.8. Stadiums & Outdoor Sports Facilities
8.9. Street Lighting
8.10. Water Treatment

9. Americas Arc-based Plasma Lighting Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Arc-based Plasma Lighting Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Arc-based Plasma Lighting Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Strategic Expansion in Photonics: Excelitas Acquires Noblelight
- 12.3.2. Revolutionizing Solar Cell Testing With The Introduction of Lumartix's Solixon A-22 Simulator
12.4. Strategy Analysis & Recommendation

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio