[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Plasma Lighting Market by Component (Lightron, Waveguide, and Cavity Resonator), Application (Roadways, Streets, and Tunnels Industrial, and Horticulture), Wattage (300W, 700W, and 1,000W), and Geography - Global Forecast to 2024

August 2019 | 94 pages | ID: PC9341C4E3BEN
MarketsandMarkets

US$ 5,650.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Increasing penetration of plasma lighting in horticulture and the growing popularity of indoor farming drives market growth

The plasma lighting market is expected to grow at a CAGR of 4.7% from 2019 to 2024, to reach USD 415 million by 2024 from USD 329 million in 2019. The requirement to carry out indoor farming is expected to increase across the globe, especially in the urban areas in the coming years.

According to the United Nations estimates, nearly 80% of the world’s population is expected to reside in cities and metropolitan areas by 2050. The land available for cultivation is expected to be insufficient to meet the food demand of the urban population. Moreover, the rise in the logistics costs is also likely to contribute to increased prices for fresh vegetables, owing to the growing distance between cities and farms. This, in turn, is likely to contribute to increased demand for indoor farms equipped with plasma lighting in cities, thereby fueling the growth of the plasma lighting market.

Industrial application to dominate in the plasma lighting market during the forecast period

The plasma lighting market, by application, is segmented into roadways, streets, & tunnels; industrial; sports & entertainment; horticulture; and others. Others include fixtures and marine lighting. The plasma lighting market for industrial application is expected to hold a dominant position throughout the forecast period. In industrial settings, safety is a primary concern, and proper and adequate lighting is a key factor to maintain high productivity of workers. The improper application of lighting can result in excessive light, leading to energy wastage. The industrial end-users can save on lighting expenses and conserve energy by using solid-state and other energy-efficient lighting systems such as LEP.

Europe to hold the largest share of plasma lighting market from 2019 to 2024

In terms of market size, Europe is expected to dominate the plasma lighting market during the forecast period and is likely to witness significant growth in the global market during the forecast period. The use of plasma lights for cultivation across the globe, especially, in Europe is leading to the growth of the horticulture segment of the plasma lighting market. The demand for horticulture plasma lighting systems is higher in countries with harsh winters/erratic climatic conditions as these lights enable crops to grow even in the absence of natural light/sunlight.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key officials in the plasma lighting market. Following is the breakup of the profiles of primary participants for the report.
  • By Company Type: Tier 1 – 55 %, Tier 2 – 20%, and Tier 3 – 25%
  • By Designation: C-Level Executives – 35%, Directors – 25%, and Others – 40%
  • By Region: North America – 10%, Europe – 20%, APAC – 40%, and RoW – 30%
The report profiles key players in the plasma lighting market and analyzes their market rankings. Players profiled in this report are LUMA Group (US), Ceravision (UK), Hive Lighting (US), Ka Shui Group (China), Green de Corp. (China), Gavita (Netherlands), FusionLux (US), Griffin & Ray (US), Guangzhou Kaiming Industries (China), BIRNS (US), Ningbo Aishi Electric Equipment (China), Solaronix (Switzerland), RFHIC Corporation (South Korea), FERARF (China), Jofam S?rl (Switzerland), pinkRF (Netherlands), Ampleon (US), Pure Plasma Lighting (US), LHV Energy (Thailand), and Pandora Green (Italy).

Research Coverage

This report segments the plasma lighting market by application, component, wattage, and geography. The report also describes major drivers, restraints, challenges, and opportunities pertaining to this market, as well as includes the value chain and market ranking analysis.

Reasons to Buy This Report

The report will help leaders/new entrants in the plasma lighting market in the following ways:

1. The report segments the plasma lighting market comprehensively and provides the closest market size estimation for all subsegments across regions.
2. The report will help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities pertaining to the plasma lighting market.
3. The report will help stakeholders understand their competitors better and gain insights to improve their position in the plasma lighting market. The competitive landscape section describes the competitor ecosystem.
1 INTRODUCTION

1.1 STUDY OBJECTIVES
1.2 DEFINITION
1.3 STUDY SCOPE
  1.3.1 MARKETS COVERED
  1.3.2 GEOGRAPHIC SCOPE
  1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
  2.1.1 SECONDARY DATA
    2.1.1.1 Key data from secondary sources
  2.1.2 PRIMARY DATA
    2.1.2.1 Primary interviews with experts
    2.1.2.2 Key data from primary sources
    2.1.2.3 Key industry insights
    2.1.2.4 Breakdown of primaries
  2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
  2.2.1 BOTTOM-UP APPROACH
    2.2.1.1 Approach for capturing market size by bottom-up analysis
  2.2.2 TOP-DOWN APPROACH
    2.2.2.1 Approach for capturing market size by top-down analysis
2.3 MARKET RANKING ESTIMATION
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN PLASMA LIGHTING MARKET
4.2 PLASMA LIGHTING MARKET, BY APPLICATION
4.3 EUROPE PLASMA LIGHTING MARKET, BY COUNTRY AND APPLICATION
4.4 PLASMA LIGHTING MARKET, BY REGION

5 MARKET OVERVIEW

5.1 MARKET DYNAMICS
  5.1.1 DRIVERS
    5.1.1.1 Increasing infrastructure development activities in
emerging economies
    5.1.1.2 Growing number of indoor farms equipped with plasma lighting across the globe
    5.1.1.3 Increasing demand for energy-efficient and long-lasting lights
  5.1.2 RESTRAINTS
    5.1.2.1 High initial costs of superior quality and energy-efficient
plasma lights
  5.1.3 OPPORTUNITIES
    5.1.3.1 Replacement of traditional lights with LEP deep submergence lights in marine applications
    5.1.3.2 Legalization of marijuana cultivation in North America resulting in increased number of greenhouses equipped with plasma lighting
  5.1.4 CHALLENGES
    5.1.4.1 High costs involved in the replacement of traditional lights
with plasma lights
5.2 VALUE CHAIN ANALYSIS

6 PLASMA LIGHTING MARKET, BY APPLICATION

6.1 INTRODUCTION
6.2 ROADWAYS, STREETS, AND TUNNELS
  6.2.1 INCREASING DEMEND FOR ENERGY EFFICIENT LIGHTING IS EXPECTED TO PROPEL PLASMA LIGHTING MARKET IN ROADWAYS, STREETS, AND TUNNELS
6.3 INDUSTRIAL
  6.3.1 THE INDUSTRIAL APPLICATION ACCOUNTED FOR A MAJOR SHARE OF THE PLASMA LIGHTING MARKET IN 2018
6.4 SPORTS & ENTERTAINMENT
  6.4.1 BY USING PLASMA LIGHTING SOLUTIONS, STADIUM OPERATORS CAN REACH AN EFFICIENT OPERATIONAL LEVEL WITH LEAST ENERGY USAGE AND REAP THE BENEFITS OF REDUCED BILLS.
6.5 HORTICULTURE
  6.5.1 THE DEMAND FOR HORTICULTURE PLASMA LIGHTING SYSTEMS IS HIGHER IN COUNTRIES WITH HARSH WEATHER CONDITIONS
6.6 OTHERS

7 PLASMA LIGHTING COMPONENTS

7.1 INTRODUCTION
7.2 LIGHTRON
  7.2.1 LIGHTRON IS THE MOST IMPORTANT COMPONENT OF PLASMA
LIGHTING SYSTEM
7.3 WAVEGUIDE
  7.3.1 WAVEGUIDE IS USED TO DIRECT MICROWAVES TOWARDS
CAVITY RESONATOR
7.4 CAVITY RESONATOR
  7.4.1 CAVITY RESONATOR MINIMIZES EXTERNAL RF INTERFERENCE
7.5 BULB ASSEMBLY
  7.5.1 A BULB IS ROTATED AT A CONSTANT SPEED TO EVENLY DISTRIBUTE
THE PLASMA AND LIGHT

8 PLASMA LIGHTING WATTAGE (300W, 700W, 1,000W)

8.1 INTRODUCTION
8.2 300W
  8.2.1 WELL-LIT ROADWAYS ARE PREFERABLE TO PREVENT ACCIDENTS
8.3 700W
  8.3.1 INCREASING CONCERNS FOR SAVING ENERGY HAVE LED TO THE ESTABLISHMENT OF STRINGENT REGULATIONS
8.4 1,000W
  8.4.1 PLASMA LIGHTING SYSTEMS MAKE STADIUMS MORE ENERGY EFFICIENT AND SAVE MONEY

9 PLASMA LIGHTING MARKET, BY GEOGRAPHY

9.1 INTRODUCTION
9.2 NORTH AMERICA
  9.2.1 US
    9.2.1.1 US is projected to lead North America plasma lighting market from 2019 to 2024
  9.2.2 CANADA
    9.2.2.1 Promotion of energy-efficient lights is fueling growth of plasma lighting market in Canada
  9.2.3 MEXICO
    9.2.3.1 Generation of renewable electric power and increased use of energy-efficient lighting is contributing to growth of plasma lighting market in Mexico
9.3 EUROPE
  9.3.1 UK
    9.3.1.1 Increased awareness for energy conservation is leading to growth of plasma lighting market in UK
  9.3.2 GERMANY
    9.3.2.1 Rise in number of infrastructure development projects is fueling growth of plasma lighting market in Germany
  9.3.3 THE NETHERLANDS
    9.3.3.1 Increased use of plasma lights in horticulture applications is contributing to growth of plasma lighting market in the Netherlands
  9.3.4 FRANCE
    9.3.4.1 Emphasis on reducing energy consumption is leading to growth of plasma lighting market in France
  9.3.5 ITALY
    9.3.5.1 Increased focus on reducing emissions of greenhouse gases is fueling growth of plasma lighting market in Italy
  9.3.6 REST OF EUROPE
9.4 ASIA PACIFIC (APAC)
  9.4.1 CHINA
    9.4.1.1 Increased investments in manufacturing sector are leading to growth of plasma lighting market in China
  9.4.2 JAPAN
    9.4.2.1 Use of plasma lights for indoor farming is contributing to growth of plasma lighting market in Japan
  9.4.3 SOUTH KOREA
    9.4.3.1 Formulation of stringent standards for the development of energy-efficient lights is contributing to growth of plasma lighting market
in South Korea
  9.4.4 REST OF ASIA PACIFIC

10 COMPETITIVE LANDSCAPE

10.1 OVERVIEW
10.2 MARKET RANKING ANALYSIS
10.3 COMPETITIVE LEADERSHIP MAPPING
  10.3.1 VISIONARY LEADERS
  10.3.2 INNOVATORS
  10.3.3 DYNAMIC DIFFERENTIATORS
  10.3.4 EMERGING COMPANIES
10.4 COMPETITIVE SITUATIONS AND TRENDS
  10.4.1 PRODUCT LAUNCHES
  10.4.2 EXPANSIONS

11 COMPANY PROFILES

11.1 INTRODUCTION
11.2 KEY PLAYERS
(Business Overview, Products/Services Offered, Recent Developments, SWOT Analysis, and MnM View)*
  11.2.1 LUMA GROUP (LUXIM)
  11.2.2 CERAVISION
  11.2.3 HIVE LIGHTING
  11.2.4 KA SHUI INTERNATIONAL HOLDINGS
  11.2.5 GREEN DE CORP
  11.2.6 GAVITA
  11.2.7 FUSIONLUX
  11.2.8 GRIFFIN & RAY
  11.2.9 GUANGZHOU KAIMING INDUSTRIES
  11.2.10 BIRNS
* Business Overview, Products/Services Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.
11.3 OTHER ECOSYSTEM PLAYERS
  11.3.1 NINGBO AISHI ELECTRIC EQUIPMENT
  11.3.2 SOLARONIX
  11.3.3 RFHIC CORPORATION
  11.3.4 FERARF
  11.3.5 JOFAM S?RL
11.4 START UP ECOSYSTEM PLAYERS
  11.4.1 PINKRF
  11.4.2 AMPLEON
  11.4.3 PURE PLASMA LIGHTING
  11.4.4 LHV ENERGY
  11.4.5 PANDORA GREEN

12 APPENDIX

12.1 DISCUSSION GUIDE
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.3 AVAILABLE CUSTOMIZATIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS

LIST OF TABLES

TABLE 1 PLASMA LIGHTING MARKET SIZE, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 2 PLASMA LIGHTING MARKET, BY REGION, 2016–2024 (USD MILLION)
TABLE 3 NORTH AMERICA PLASMA LIGHTING MARKET, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 4 NORTH AMERICA PLASMA LIGHTING MARKET, BY APPLICATION,

2016–2024 (USD MILLION)

TABLE 5 NORTH AMERICA PLASMA LIGHTING MARKET IN ROADWAYS, STREETS, AND TUNNELS, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 6 NORTH AMERICA PLASMA LIGHTING MARKET IN INDUSTRIAL, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 7 NORTH AMERICA PLASMA LIGHTING MARKET IN HORTICULTURE, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 8 NORTH AMERICA PLASMA LIGHTING MARKET IN SPORTS & ENTERTAINMENT, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 9 US PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 10 CANADA PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 11 MEXICO PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 12 EUROPE PLASMA LIGHTING MARKET, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 13 EUROPE PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 14 EUROPE PLASMA LIGHTING MARKET IN ROADWAYS, STREETS, AND TUNNELS, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 15 EUROPE PLASMA LIGHTING MARKET IN INDUSTRIAL, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 16 EUROPE PLASMA LIGHTING MARKET IN HORTICULTURE, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 17 EUROPE PLASMA LIGHTING MARKET IN SPORTS & ENTERTAINMENT, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 18 UK PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 19 GERMANY PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 20 NETHERLANDS PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 21 FRANCE PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 22 ITALY PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 23 REST OF EUROPE PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 24 ASIA PACIFIC PLASMA LIGHTING MARKET, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 25 ASIA PACIFIC PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 26 ASIA PACIFIC PLASMA LIGHTING MARKET IN ROADWAYS, STREETS, AND TUNNELS, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 27 ASIA PACIFIC PLASMA LIGHTING MARKET IN INDUSTRIAL, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 28 ASIA PACIFIC PLASMA LIGHTING MARKET IN HORTICULTURE, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 29 ASIA PACIFIC PLASMA LIGHTING MARKET IN SPORTS & ENTERTAINMENT, BY COUNTRY, 2016–2024 (USD MILLION)
TABLE 30 CHINA PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 31 JAPAN PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 32 SOUTH KOREA PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 33 REST OF ASIA PACIFIC PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 34 PRODUCT LAUNCHES (2016–2019)
TABLE 35 EXPANSIONS (2016–2018)

LIST OF FIGURES

FIGURE 1 PLASMA LIGHTING MARKET: RESEARCH DESIGN
FIGURE 2 PROCESS FLOW
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 5 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 ASSUMPTIONS FOR RESEARCH STUDY
FIGURE 7 PLASMA LIGHTING MARKET, 2016–2024 (USD MILLION)
FIGURE 8 INDUSTRIAL SEGMENT IS PROJECTED TO LEAD PLASMA LIGHTING MARKET
FROM 2019 TO 2024
FIGURE 9 EUROPE TO HOLD LARGEST SHARE OF ASSISTIVE ROBOTICS MARKET BY 2018
FIGURE 10 INCREASING ADOPTION OF PLASMA LIGHTING IN EUROPE IS DRIVING
GROWTH OF MARKET
FIGURE 11 INDUSTRIAL SEGMENT TO LEAD PLASMA LIGHTING MARKET FROM 2019 TO 2024
FIGURE 12 GERMANY AND INDUSTRIAL SEGMENT ARE PROJECTED TO LEAD EUROPE
PLASMA LIGHTING MARKET IN 2024
FIGURE 13 ASIA PACIFIC PLASMA LIGHTING MARKET IS PROJECTED TO GROW AT
THE HIGHEST CAGR FROM 2019 TO 2024
FIGURE 14 PLASMA LIGHTING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
FIGURE 15 PLASMA LIGHTING MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
FIGURE 16 EUROPE IS PROJECTED TO LEAD PLASMA LIGHTING MARKET FROM 2019 TO 2024
FIGURE 17 NORTH AMERICA PLASMA LIGHTING MARKET SNAPSHOT
FIGURE 18 ASIA PACIFIC PLASMA LIGHTING MARKET SNAPSHOT
FIGURE 19 RANKING OF KEY PLAYERS IN PLASMA LIGHTING MARKET (2018)
FIGURE 20 PLASMA LIGHTING MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2018
FIGURE 21 KA SHUI INTERNATIONAL HOLDINGS: COMPANY SNAPSHOT


More Publications