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Global High Intensity Discharge (HID) Light Market – Industry Trends and Forecast to 2029

  • ICT
  • Upcoming Report
  • Sep 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global High Intensity Discharge (HID) Light Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 2.63 Billion
Diagram Market Size (Forecast Year) USD 3.52 Billion
Diagram CAGR %

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

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Metal Halide Light, High-Pressure Sodium Light, Xenon Arc Light and Others), Application (Automotive Industry, Road, Other)

Countries Covered

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

Market Players Covered

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.)

Market Opportunities
  • Product innovations
  • Less energy consumptions

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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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The High Intensity Discharge (HID) Light Market value is expected USD 3.52 billion by 2029.
The High Intensity Discharge (HID) Light Market is expected to grow at a rate of market is 3.70% during the forecast period of 2022 to 2029.
On the basis of application, the High Intensity Discharge (HID) Light Market is segmented into Automotive Industry, Road, Other.
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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