Sodium Vapor Lamps Market Size And Forecast
Sodium Vapor Lamps Market size was valued at USD 16.3 Million in 2024 and is projected to reach USD 13.4 Million by 2031, growing at a CAGR of -2.67% during the forecasted period 2024 to 2031. The increasing use of sodium vapor lamps in different industrial applications such as industrial lighting, manufacturing facilities, and other outdoor areas such as roadways and parking lots is anticipated to drive the demand for the Global Sodium Vapor Lamps Market. The Global Sodium Vapor Lamps Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Sodium Vapor Lamps Executive Summary
A sodium vapor lamp is a specific kind of electric lamp that produces light through an electrical discharge between electrodes and uses sodium vapor to illuminate roads. Traffic control and weather monitoring are two examples of performance monitoring activities that use street lights. The market is expanding due to the rising demand for sodium vapor lamps used in street lighting applications. Additionally, the government's numerous programs and initiatives to modernize cities and cut carbon emissions are some of the main factors accelerating the market's expansion. The demand for sodium vapor lamps is being driven by growing worries about the security and safety of our streets and public spaces. Additionally, the global sodium vapor market is expanding due to the use of sodium vapor lamps for commercial and industrial purposes, including lighting for factories, highways, and parking lots. Contrary to the aforementioned development factors, there are several barriers preventing the global market for sodium vapor lamps from expanding. Compared to other options, sodium vapor lights render colors less accurately.
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Global Sodium Vapor Lamps Market Attractiveness Analysis
Sodium Vapor Lamps Market is experiencing a scaled level of attractiveness in the Asia Pacific region. The Asia Pacific area has a prominent presence and will account for a significant market share by 2030. The China is one of Asia Pacific's main markets. The growing adoption of smart city projects is expected to propel the market under study even further over the forecast period.
Asia Pacific is projected to gain an incremental market value of USD 17.63 Million and is expected to grow at a CAGR of -2.47% between 2023 and 2030. The Sodium Vapor Lamps market in Asia Pacific is dominated by emerging economies such as India and China. Asia Pacific remains the fastest growing market, owing to increased streetlight projects aimed at replacing older streetlights with high-pressure sodium Vapor lamps and LEDs for greater energy efficiency.
Global Sodium Vapor Lamps Market Outlook
The demand for the global sodium vapor lamps market is predicted to be driven by the rising use of sodium vapor lamps in various industrial applications such as industrial lighting, outdoor areas such as roadways and parking lots and manufacturing facilities. The Sodium-Vapor lamps are ideal for night-time illumination Because of their high efficiency and the light they emit, the sodium Vapor in the bulb becomes excited as it warms up, emitting a distinctive yellow light with a wavelength of 589 nm. High-pressure sodium steam lamps have been used for a long time, but they are still used in foggy environments. The majority of street lighting is in the form of high-pressure sodium lamps, which produce the most amount of light while using the least amount of electricity. The introduction of new and innovative Sodium Vapor street lighting products has contributed to this dominance. HPS street lights have been used to replace older types of street lighting in the United Kingdom, the United States, and Canada because they are much cheaper to operate and control.
The growing concerns about the safety and security of streets and public places also drives the global sodium vapor lamps market. The Indian government is extremely concerned about the rise in traffic-related injuries, fatalities, and accidents in recent years. The majority of the victims of traffic accidents are poor and vulnerable road users, which is acknowledged as a significant public health concern. Because accidents involving motor vehicles, roads, and people all include these three various types of infrastructure, the Indian government also understands the need for a comprehensive approach to road safety. It also acknowledges that the Central and State Governments share responsibilities for lowering the frequency of traffic accidents, injuries, and fatalities, regardless of jurisdiction. As news of terrorist acts spreads around the world, people are keen to feel safe and secure when they are out and about. Terrorist assaults are not the only issue with pedestrian public safety, though. However, limitations associated with sodium vapor lamps limits the market growth.
Global Sodium Vapor Lamps Market: Segmentation Analysis
The Global Sodium Vapor Lamps Market is segmented on the basis of Product Type, Application, And Geography.
Sodium Vapor Lamps Market, By Product Type
- High-Pressure Sodium Lamp
- Low-Pressure Sodium Lamp
- Based on Product Type, the market is segmented into High-Pressure Sodium Lamp and Low-Pressure Sodium Lamp. High-Pressure Sodium Lamp accounted for the largest market share in 2021 and is projected to shrink during the forecast period. Low-Pressure Sodium Lamp was the second-largest market in 2021. High-pressure sodium (HPS) lamps are a type of high-intensity light bulb that produces a large amount of light and is commonly used for street lighting and security lighting. An orange-white light is produced by the combination of metals and gases inside the glass tube, which is commonly found in street lights. When first turned on, HPS bulbs emit a dark pink glow, and when warmed, they emit intense pinkish-orange light. Because of the wide color-temperature spectrum produced and the relatively low cost of running the lights, HPS lamps are preferred by indoor gardeners for general growing
Sodium Vapor Lamps Market, By Application
- Highway and Roadways
- Industrial Use
- Parking lots and Security Alerts
- Playgrounds and Sports Activities
- By Application, Sodium Vapor Lamps are classified as Highway and Roadways, Industrial Use, Parking lots and Security Alerts, and Playgrounds and Sports Activities. Highway and Roadways accounted for the largest market share in 2021, and is projected to shrink during the forecast period. Industrial Use was the second-largest market in 2021. Road lighting is the use of illumination systems along roadways to improve safety by increasing the visibility of roadside hazards and reducing the effects of glare from other light sources in the visual environment, such as vehicle headlamps. Sodium vapor lamps, which are frequently used to illuminate highways to deter crime, emit light with a wavelength of 589 nanometers, which is most noticeable in streetlights.
Sodium Vapor Lamps Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- On the basis of regional analysis, the Global Sodium Vapor Lamps Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Asia Pacific accounted for the largest market share in 2021 and is projected to shrink during the forecast period. Europe was the second-largest market in 2021. Asia Pacific remains one of the impacted markets owing to increased streetlight projects aimed at replacing older streetlights with LED light for greater energy efficiency. Lighting systems are changing dramatically in Asia-Pacific. Outdoor lighting in some parking lots and bridge underpasses is provided by low-pressure sodium lamps. The bright yellow color does not attract insects, but it does distort color. While these lamps are extremely energy-efficient, they are rarely used because everything under their light appears yellow or yellow-gray.
Key Players
- The "Global Sodium Vapor Lamps Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are
- General Electric, PHILIPS LIGHTING N.V., (SIGNIFY N.V.), Larson Electronics, Litetronics International, Bulbrite, Surya Roshni, OSRAM GmbH, Feit Electric, Halonix, Havells, EYE Lighting, among others.
- This section provides a company overview, ranking analysis, company regional and industry footprint, and ACE Matrix.
- Company Market Ranking Analysis
- The company ranking analysis provides a deeper understanding of the top 5 players operating Sodium Vapor Lamps market. VMR takes into consideration several factors before providing a company ranking. The top three players for the Sodium Vapor Lamps market are OSRAM Gmbh, PHILIPS LIGHTING N.V., (SIGNIFY N.V.), USHIO Inc, General Electric, and Havells. The factors considered for evaluating these players include company's brand value, product portfolio (including product variations, specifications, features and price), company presence across major regions, product related sales obtained by the company in recent years and its share in the total revenue. VMR further study the company's product portfolio based on the technologies adopted or new strategies undertaken by the company to enhance their market presence globally or regionally. We also consider the distribution network (online as well as offline) of the company that helps us to understand the company's presence and foothold in various Sodium Vapor Lamps markets.
- Company Regional/Industry Footprint
- The company's regional section provides geographical presence, regional level reach, or the respective company's sales network presence. For instance, OSRAM Gmbh has its presence globally i.e. in North America, Europe, Asia Pacific and RoW. Similarly, Techniche has its presence in North America, Europe and APAC.
- Apart from this, the industrial footprint section provides a cross-analysis of industry verticals and market players that gives a clear picture of the company landscape concerning the industries they serve their products. For Sodium Vapor Lamps market, four industries have been considered, i.e., Highway and Roadways, Industrial Use Parking lots and Security Areas Playgrounds and Sports Activities. For instance, Larson Electronics has its presence in Industrial use. On the other hand, GE LIGHTING (A SAVANT COMPANY) has its presence in all mentioned industry. All the companies considered for profiling are reviewed similarly under this section. These sections help us to understand the overall Sodium Vapor Lamps market presence on a global and country level.
- Ace Matrix
- This section of the report provides an overview of the company evaluation scenario in the Sodium Vapor Lamps market. The company evaluation has been carried out based on the outcomes of the qualitative and quantitative analyses of various factors such as the product portfolios, technological innovations, market presence, revenues of companies, and the opinions of primary respondents.