Global Lighting Ballasts Market 2016-2020

  • Published: Aug 2016
  • Pages: 95
  • SKU: IRTNTR9185

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This industry research report identifies Acuity Brands, Atlas Lighting Products, Eaton, GE, and Philips as some of the key vendors in the global lighting ballasts market. This report also presents a competitive analysis of the market by geographical regions such as the Americas, APAC, and EMEA.

Overview of the global lighting ballasts market

It has been estimated that lighting applications account for more than 20% of the global electricity consumption, and this has led several countries across the globe to frame policies that ban the use of inefficient lighting sources and promote the use of efficient lighting sources through subsidies and tax incentive programs. For instance, the Custom Energy Rebate Program announced by the Elk River Municipal Utilities (ERMU) of Orono, US, offers rebates to customers who purchase and install energy-efficient lighting solutions in new buildings. Even electric utility companies such as Minnesota Valley Electric Cooperative in Jordan, US, have announced lighting retrofit rebate programs that offer rebates on the purchase and installation of energy-efficient lighting products in existing buildings. The rapid depletion of non-renewable energy and the growing awareness on global warming among all countries across the globe will result in the introduction of new policies and subsidies, which will demand the use of energy-efficient lamp ballasts during the predicted period.

The continuous decline in the average selling price of chips and components used during the manufacturing process of LED devices has resulted in the decrease in manufacturing cost of LEDs. Market research analysts at Technavio predict that this decline in manufacturing costs will continue in the coming years and will lead to a decline in the initial installation cost of LED lights and fixtures. This recent decrease in the cost of installation will propel the adoption and installation of LED lamps across all residential and commercial projects.

Competitive landscape and key vendors

Though the market is characterized by the presence of well-diversified international and regional vendors, the local vendors are finding it difficult to compete with international players who outshine them in terms of quality, technology, and price. As a result, international lighting ballast manufacturers are increasing their footprint in the market. An increase in product/service extensions, innovations in technology, and M&A activities is expected to intensify the level of vendor competition in the market in the next four years. International players will also start acquiring regional vendors and grow inorganically during the forecast period.

The leading vendors in the market are -

  • Acuity Brands
  • Advanced Lighting Technologies
  • Atlas Lighting Products
  • Eaton
  • Crestron Electronics
  • GE Lighting
  • Hatch Transformers
  • Leviton Manufacturing
  • Lutron Electronics
  • MaxLite
  • Osram Sylvania
  • Philips Lighting
  • Progress Lighting
  • Technical Consumer Products
  • Universal Lighting Technologies
  • Venture Lighting International

Geographical segmentation and analysis of the lighting ballasts market

  • Americas
  • APAC
  • EMEA

This market study estimates that, in terms of geography, APAC accounted for almost 42% of the total share of the lighting ballasts market and dominated this industry during 2015. Owing to the increased application of lighting devices in residential applications, the general lighting market in APAC is growing at a rapid rate. Moreover, the availability of low-cost labor and raw materials is attracting several manufacturers from across the globe to start manufacturing units in APAC. As a result, the region is becoming a hub for several industries, which, in turn, will increase the demand for lighting fixtures from the commercial segment as well.

Growth drivers, challenges, and upcoming trends: Smart cities

The development of smart cities is considered to be one of the major factors that will have a positive impact on the growth of the lighting ballasts market. Smart lighting helps conserve energy and reduce operational cost and is an important aspect for the construction of smart cities. Governments have started announcing strategic partnerships with lighting manufacturers to install intelligent lighting systems and also to replace conventional street lights with automated energy-efficient LED lights.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global lighting ballasts market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the lighting ballasts market?
  • What are the key market trends impacting the growth of the lighting ballasts market?
  • What are the challenges to market growth?
  • Who are the key vendors in the lighting ballasts market?
  • What are the market opportunities and threats faced by the vendors in the lighting ballasts market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the lighting ballasts market?

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An electrical ballast is a control device that is intended to limit the amount of current in an electric circuit. In fluorescent lighting systems, the ballast regulates the flow of current to the lamps and provides sufficient voltage to start the lamp. While starting a lamp, the ballast briefly supplies high voltage current to establish an arc between the lamp electrodes. Once the arc is established, the ballast rapidly reduces the voltage and regulates the current flow to produce a steady light output.

The report, global lighting ballast market, is part of Technavio’s hardware and semiconductor research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as computing devices, displays, embedded systems, human machine interface, lighting, semiconductor equipment, and sensors. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.

Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Base year
  • Market coverage
  • Market size calculation
  • Definition of general lighting applications
  • Other definitions
  • Geographical segmentation
  • Vendor segmentation
  • Common currency conversion rates

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights
  • Comparison of electronic ballast and magnetic ballast

PART 05: Technology landscape

  • Comparison between LEDs, incandescent bulbs, and CFLs
  • Cost benefit analysis for LEDs and incandescent bulbs

PART 06: Market landscape

  • Market overview

PART 07: Market size and forecast

  • Market size calculation for global lighting ballasts market for traditional lamps (LFL+ HID)
  • Market size calculation for global lighting ballasts market for LED lamps
  • Market size calculation for the global lighting ballasts market for traditional luminaires
  • Market size calculation for global lighting ballasts market for LED luminaires
  • Market size calculation for global lighting ballasts market

PART 08: Analysis

  • Market analysis of global lighting ballasts market for traditional lamps
  • Market analysis of global lighting ballasts market for LED lamps
  • Conclusion
  • Market analysis of global lighting ballasts market for luminaire
  • Conclusion
  • Five forces analysis

PART 09: Geographical segmentation

  • APAC
  • EMEA
  • Americas

PART 10: Market drivers

  • Regulations on use of energy-inefficient lighting components
  • Government subsidies and incentive programs
  • Upcoming major events and infrastructure projects
  • Introduction of energy-efficient certification programs
  • Minamata Convention on Mercury

PART 11: Impact of drivers

PART 12: Market challenges

  • Lack of global LED standardization
  • High import duties
  • High average cost per LED fixture
  • Limited thermal tolerance of LED

PART 13: Impact of drivers and challenges

PART 14: Market trends

  • Increase in number of households and urbanization
  • Declining manufacturing cost of LED
  • Demand for intelligent lighting systems
  • Emergence of smart cities
  • Growing number of smart homes worldwide
  • New guidelines and government policies on smart lighting

PART 15: Vendor landscape

  • Competitive scenario

PART 16: Appendix

  • List of abbreviation

PART 17: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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