Global High Intensity Discharge (HID) Light Market Growth 2023-2029

Global High Intensity Discharge (HID) Light Market Growth 2023-2029

High Intensity Discharge (HID) Light is a type of electrical gas-discharge light. In a high-intensity discharge lamp, electricity arcs between two electrodes, creating an intensely bright light. Mercury, sodium, or metal halide gas acts as the conductor. High-intensity discharge (HID) lighting provides the second highest efficacy and longest service life of any lighting type.

In this report, high intensity discharge (HID) light mainly refers to the high intensity discharge light source.

LPI (LP Information)' newest research report, the “High Intensity Discharge (HID) Light Industry Forecast” looks at past sales and reviews total world High Intensity Discharge (HID) Light sales in 2022, providing a comprehensive analysis by region and market sector of projected High Intensity Discharge (HID) Light sales for 2023 through 2029. With High Intensity Discharge (HID) Light sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Intensity Discharge (HID) Light industry.

This Insight Report provides a comprehensive analysis of the global High Intensity Discharge (HID) Light landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Intensity Discharge (HID) Light portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High Intensity Discharge (HID) Light market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Intensity Discharge (HID) Light and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Intensity Discharge (HID) Light.

The global High Intensity Discharge (HID) Light market size is projected to grow from US$ 6266.2 million in 2022 to US$ 7496.2 million in 2029; it is expected to grow at a CAGR of 7496.2 from 2023 to 2029.

Europe is the largest High Intensity Discharge (HID) Light market with about 39% market share. US is follower, accounting for about 28% market share.

The key players are Philips, Osram, GE, Hella, Valeo, Koito, Panasonic, Robertson, Hubbell, Acuity Brands, Eaton, NVC, FSL, PAK, Yankon, Cnlight, Opple etc. Top 3 companies occupied about 46% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of High Intensity Discharge (HID) Light market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Metal Halide Light

High-pressure Sodium Light

Xenon Arc Light

Others

Segmentation by application

Automotive Industry

Road

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Philips

Osram

GE

Hella

Valeo

Koito

Panasonic

Robertson

Hubbell

Acuity Brands

Eaton

NVC

FSL

PAK

Yankon

Cnlight

Opple

Key Questions Addressed in this Report

What is the 10-year outlook for the global High Intensity Discharge (HID) Light market?

What factors are driving High Intensity Discharge (HID) Light market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do High Intensity Discharge (HID) Light market opportunities vary by end market size?

How does High Intensity Discharge (HID) Light break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.