Global Sodium Lamp Market Research Report 2023(Status and Outlook)

Global Sodium Lamp Market Research Report 2023(Status and Outlook)

Report Overview

Sodium Lamps were first produced commercially by Philips in Holland in 1932. These lamps are mostly used for street lighting as well as industrial uses. The sodium lamp works by creating an electric arc through vaporized sodium metal. Other materials and gases are used to help start the lamp or control its color.

In the global market, the core manufacturers of sodium lamp include OSRAM, Signify, GE Lighting (Savant) and USHIO etc, and the top 4 manufacturers account for above 30% of the market share. The market include Asia Pacific, Europe and North America, with a share of 32%, 31% and 25%. below 150W accounted for 41% and 150 to 300W accounted for 40%. the product is mainly used in highway & road and area lighting fields, with a share of 71% and 20%.

The Global Sodium Lamp Market Size was estimated at USD 361.90 million in 2022 and is projected to reach USD 337.31 million by 2029, exhibiting a CAGR of -1.00% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Sodium Lamp market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Sodium Lamp Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Sodium Lamp market in any manner.

Global Sodium Lamp Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

OSRAM

Signify

GE Lighting (Savant)

USHIO

Iwasaki Electric

Foshan Electrical And Lighting

Panda Lighting

Surya Roshni

Acuity Brands

Havells

Venture Lighting

Feit Electric

Standard Products

Radium

Shanghai Jing Rui Lighting

Atlas Lighting Products

Satco

Market Segmentation (by Type)

Below 150W

150-300W

Above 300W

Market Segmentation (by Application)

Gastrointestinal

Ophthalmology

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Sodium Lamp Market

Overview of the regional outlook of the Sodium Lamp Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors