Global Plasma Lighting Market Size is estimated to expand rapidly in coming years, at a CAGR of 4.6 % from 2018 to 2025. In 2017, the global market valuation was USD 0.35 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. According to the analysts and researchers, global plasma lighting market is expected to witness significant growth in the forecast period owing to the increasing infrastructure developments in the emerging economies, and entry of new market players. Moreover, increasing demand for energy-efficient energy sources and long-lasting lighting for indoor applications is expected to witness positive growth in the forecast period. Moreover increasing demand for plasma lights in horticulture application is expected to boost the market. In terms of region, Europe is expected to be the highest growing region in the global market of plasma lighting.  

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global plasma lighting market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global plasma lighting market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Application Insights: On the basis of application, global plasma lighting market has been segmented into roadways, streets, and tunnels industrial, and horticulture. During the forecast period, significant growth is expected on the market for horticultural applications. The need for indoor agriculture, especially in urban areas in the coming years, will probably grow globally. It is anticipated that the land available for cultivation will not meet the urban food requirements. In addition, because of the growing distance between cities and farms, the rise in logistic costs will also contribute to increasing prices of fresh vegetables. This will help boost the requirement for plasma lighting outdoor factories in the towns, thereby fueling the development of the plasma lighting industry.

Regional Analysis

The plasma lighting market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.

Europe is projected to dominate the plasma lighting market during the projected period in terms of market size and will probably see significant growth in the forecast period in that market. The use of plasma lamps, particularly in Europe, for agriculture around the world is contributing to the development of the plasma lighting industry for horticulture. In nations with severe winters / erratic weather circumstances, the supply for horticulture plasma lighting system is greater, because these lamps allow plants to thrive even if there is no natural light. North America is the leading market in plasma lamps and will also lead in the next few years. Building owners, government, utilities, and other regional shareholders support the wider use of plasma lamps because of the energy consumption concerns. Due to the high growth potential for plasma lamps in industrial and business applications, Asia-Pacific plasma lamps will continue to grow at the highest rate in the years to come.

Global Plasma Lighting Market Size, Share Analysis by Region 2017

Global Plasma Lighting Market Study Objective

1. To forecast the market size of plasma lighting market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of plasma lighting market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of plasma lighting market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of plasma lighting market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the plasma lighting market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

LUMA Group, Ceravision, Hive Lighting, Ka Shui International Holdings, and Green De Crop are some of the key players in the market of plasma lighting.

Global Plasma Lighting Market Study Report Offer You!

The global plasma lighting market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.