Ballasts market

Ballasts Market - Global Outlook and Forecast 2022-2028

  • 02 February 2022
  • Semiconductor and Electronics
  • 76 Pages
  • Report code : PMR-6833702

  • 4.7 (158)

Ballasts Market

COMPANIES COVERED

Philips Lighting
Osram
GE Lighting
Acuity Brands
Cooper Lighting
Havells
Panasonic Lighting

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An electrical ballast is a device placed in line with the load to limit the amount of current in an electrical circuit. It may be a fixed or variable resistor.

Ballasts Market contains market size and forecasts of Ballasts in global, including the following market information:

  • Global Ballasts Market Revenue, 2017-2022, 2023-2028, ($ millions)
  • Global Ballasts Market Sales, 2017-2022, 2023-2028, (K Units)
  • Global top five Ballasts companies in 2021 (%)

The global Ballasts market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Electronic Fluorescent Ballasts Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Ballasts include Philips Lighting, Osram, GE Lighting, Acuity Brands, Cooper Lighting, Havells and Panasonic Lighting, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Ballasts manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Ballasts Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Ballasts Market Segment Percentages, by Type, 2021 (%)

  • Electronic Fluorescent Ballasts
  • Magnetic Fluorescent Ballasts
  • CFL Ballasts
  • Electronic HID Ballasts
  • Magnetic HID Ballasts
  • Others

Global Ballasts Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Ballasts Market Segment Percentages, by Application, 2021 (%)

  • Commercial
  • Industrial
  • Residential

Global Ballasts Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Ballasts Market Segment Percentages, By Region and Country, 2021 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies Ballasts revenues in global market, 2017-2022 (Estimated), ($ millions)
  • Key companies Ballasts revenues share in global market, 2021 (%)
  • Key companies Ballasts sales in global market, 2017-2022 (Estimated), (K Units)
  • Key companies Ballasts sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Philips Lighting
  • Osram
  • GE Lighting
  • Acuity Brands
  • Cooper Lighting
  • Havells
  • Panasonic Lighting

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