Global High Intensity Discharge (HID) Light Market, By Type (Metal Halide Light, High-Pressure Sodium Light, Xenon Arc Light and Others), Application (Automotive Industry, Road, Other) – Industry Trends and Forecast to 2029.
High Intensity Discharge (HID) Light Market Analysis and Size
HID lights are commonly used in applications requiring a high light intensity over a large area. HID lights have a greater penetration in large public areas, movie theatres, warehouses, large sized spots, stadiums, and parking lots. LCD or DLP projection T.V. sets are some of the other applications for the ultra-high performance high intensity discharge lights.
Data Bridge Market Research analyses that the high intensity discharge (HID) light market was valued at USD 2.63 billion in 2021 and is expected to reach the value of USD 3.52 billion by 2029, at a CAGR of 3.70% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
High Intensity Discharge (HID) Light Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Metal Halide Light, High-Pressure Sodium Light, Xenon Arc Light and Others), Application (Automotive Industry, Road, Other)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Koninklijke Philips N.V. (Netherlands), OSRAM GmbH (Germany), General Electric (U.S.), HELLA GmbH & Co. KGaA (Germany), Valeo (France), Panasonic Life Solutions India Pvt. Ltd. (Japan), Hubbell. (U.S.), ACUITY BRANDS LIGHTING, INC. (U.S.) Eaton (ireland), Zhejiang Yankon Group Co., Ltd. (China), Cnlight Co (U.S.)
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Market Opportunities
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Market Definition
High intensity discharge light is a type of light discharge through electric gas, in which electricity arcs between two electrodes, resulting in insanely bright light, and they are widely used in automotive headlamps. As high intensity discharge lighting provides the second highest efficacy and the longest service life of any lighting type, metal halide gas, mercury, and sodium act as conductors.
Global High Intensity Discharge (HID) Light Market Dynamics
Drivers
- growing adoption in indoor applications
In applications requiring high levels of light over a wide area, HID lights have proven to be effective and efficient. The availability of smaller sized HID lights with enhanced colour offering features has increased their use in retail applications. Such lights have also gained popularity in a variety of indoor applications, including indoor gardens, high-bay applications, and indoor aquaria.
- Effectiveness and efficiency associated with HID lights
Compared to incandescent light sources, high intensity discharge lamps have proven to save nearly 50%-90% of the energy. Since the introduction of such HID lights, the aforementioned factors have positively impacted the growth of the global high intensity discharge (HID) lights market.
Opportunity
When compared to other light sources, the efficiency and efficacy of HID lamps decreases rapidly as they age. U.V. radiations emitted by high intensity discharge lamps are harmful to both humans and animals. As a result, the lamps are designed to automatically extinguish if their UV-shield is broken or damaged.
Restraints
One other automotive headlight technology that will act as a restraint and further challenge the growth of the speciality chemicals market during the forecast period is the introduction of laser headlamps.
This high intensity discharge (HID) light market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the high intensity discharge (HID) light market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global High Intensity Discharge (HID) Light Market Scope
The high intensity discharge (HID) light market is segmented on the basis of type & application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Metal Halide Light
- High-Pressure Sodium Light
- Xenon Arc Light
- Others
Application
- Automotive Industry
- Road
- Other
High Intensity Discharge (HID) Light Market Regional Analysis/Insights
The high intensity discharge (HID) light market is analysed and market size insights and trends are provided by country type & application as referenced above.
The countries covered in the high intensity discharge (HID) light market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to be the largest high intensity discharge (HID) light market during the forecast period. The use of high intensity discharge lights in China, India, and Japan's automotive and architectural sectors is expected to drive Asia-Pacific market leadership.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and High Intensity Discharge (HID) Light Market Share Analysis
The high intensity discharge (HID) light market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to high intensity discharge (HID) light market.
Some of the major players operating in the high intensity discharge (HID) light market are:
- Koninklijke Philips N.V. (Netherlands)
- OSRAM GmbH (Germany)
- General Electric (U.S.)
- HELLA GmbH & Co. KGaA (Germany)
- Valeo (France)
- Panasonic Life Solutions India Pvt. Ltd. (Japan)
- Hubbell. (U.S.)
- ACUITY BRANDS LIGHTING, INC. (U.S.)
- Eaton (Ireland)
- Zhejiang Yankon Group Co., Ltd. (China)
- Cnlight Co (U.S.)
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