Plasma Lighting Market Research Report - Forecast till 2027

Plasma Lighting Market Research Report: by Wattage (1000W, 700W and 300W), By Distribution Channel (Retail and Commercial), By Application (Street Lighting, Highways, Sports & Entertainment, Tunnel Lights, Horticulture and others) and by Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America) - Forecast till 2027

ID: MRFR/SEM/6996-HCR | February 2021 | Region: Global | 100 pages

Impact of COVID-19 on the Plasma Lighting Market


Plasma lighting finds some innovative applications, such as in indoor farming, which is because the land available for food cultivation is expected to be insufficient for the ever-growing urban population. Advanced plasma lighting is one of the latest types of grow lights and boasts a full spectrum. It is designed to emit a close-to-full spectrum of light required for plant growth and is known for its low energy usage, long lifespan, and deep light penetration. The plasma lighting market recorded a CAGR of around 18 percent in 2018.


The outbreak of COVID-19 in the Q1 of 2020 has affected both production and demand in the global economy, created supply chain and market disruptions, and has impacted the firms financially. The construction of highways and roads is a key supporting factor for the outdoor applications of plasma lighting. The COVID-19 pandemic has hindered infrastructure development projects in most of the affected countries, while also disrupting the supply of electronic components from original equipment manufacturers (OEMs), particularly those based in China. There is an acute shortage of electronic components, such as electronic chips used in these lightings. Due to this, the demand-supply equation has been disrupted as the factories are closed, and logistics have been delayed.


MRF predicts that the overall demand for plasma lighting will start rising in the last quarter of 2020 and will stabilize by the second quarter of 2021. Further, the current utility-owned plasma lightings have been affected by the COVID-19 pandemic due to limited financial incentives. The majority of the projects in the US, China, South Korea, and Germany have been delayed due to operational difficulties and lack of site access. China is a prominent market for the chemical industry. However, the Asia-Pacific market is expected to face challenges due to the spread of COVID-19 in its major economies, including China, Japan, and India.


Plasma Lighting Market, Market Size and YoY Trend Forecast
Plasma Lighting Market


Source: MRFR Analysis


Impact Analysis

Table of Contents

1 Executive Summary

1.1 Market Attractiveness

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 Research Objectives

2.4 Markets Structure

3 Research Methodology

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining Power of Buyers

4.1.3 Threat of Substitutes

4.1.4 Bargaining Power of Suppliers

4.1.5 Intensity of Rivalry

4.2 Value Chain/Supply Chain of Plasma Lighting

5 Market Dynamics

5.1 Introduction

5.2 Growth Drivers

5.2.1 Increasing Demand for Energy-Efficient and Long-Lasting Lights

5.2.2 Growing Adoption of Indoor Farming

5.2.3 Driver Impact Analysis

5.3 Restraints

5.3.1 High initial cost due to quality and energy-efficiency

5.3.2 Restraint Impact Analysis

5.4 Challenges

5.5 Opportunities

6 Market Trends

6.1 Technological Trends

7 Plasma Lighting Market, by Wattage

7.1 Introduction

7.2 1000W

7.2.1 Market Estimates & Forecast, 2020–2027

7.3 700W

7.3.1 Market Estimates & Forecast, 2020–2027

7.4 300W

7.4.1 Market Estimates & Forecast, 2020–2027

8 Plasma Lighting Market, by Distribution Channel

8.1 Introduction

8.2 Retail

8.2.1 Market Estimates & Forecast, 2020–2027

8.3 Commercial

8.3.1 Market Estimates & Forecast, 2020–2027

9 Plasma Lighting Market, by Application

9.1 Introduction

9.2 Street Lighting

9.2.1 Market Estimates & Forecast, 2020–2027

9.3 Highways

9.3.1 Market Estimates & Forecast, 2020–2027

9.4 Sports & Entertainment

9.4.1 Market Estimates & Forecast, 2020–2027

9.5 Tunnel Lights

9.5.1 Market Estimates & Forecast, 2020–2027

9.6 Horticulture

9.6.1 Market Estimates & Forecast, 2020–2027

9.7 Others

9.7.1 Market Estimates & Forecast, 2020–2027

10 Plasma Lighting Market, by Region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast, by Country, 2020–2027

10.2.2 Market Estimates & Forecast, by Wattage, 2020–2027

10.2.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.2.4 Market Estimates & Forecast, by Application, 2020–2027

10.2.5 US

10.2.5.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.2.5.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.2.5.3 Market Estimates & Forecast, by Application, 2020–2027

10.2.6 Mexico

10.2.6.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.2.6.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.2.6.3 Market Estimates & Forecast, by Application, 2020–2027

10.2.7 Canada

10.2.7.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.2.7.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.2.7.3 Market Estimates & Forecast, by Application, 2020–2027

10.3 Europe

10.3.1 Market Estimates & Forecast, by Country, 2020–2027

10.3.2 Market Estimates & Forecast, by Wattage, 2020–2027

10.3.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.3.4 Market Estimates & Forecast, by Application, 2020–2027

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.3.5.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.3.5.3 Market Estimates & Forecast, by Application, 2020–2027

10.3.6 France

10.3.6.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.3.6.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.3.6.3 Market Estimates & Forecast, by Application, 2020–2027

10.3.7 Italy

10.3.7.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.3.7.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.3.7.3 Market Estimates & Forecast, by Application, 2020–2027

10.3.8 UK

10.3.8.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.3.8.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.3.8.3 Market Estimates & Forecast, by Application, 2020–2027

10.3.9 Rest of Europe

10.3.9.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.3.9.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.3.9.3 Market Estimates & Forecast, by Application, 2020–2027

10.4 Asia-Pacific

10.4.1 Market Estimates & Forecast, by Country, 2020–2027

10.4.2 Market Estimates & Forecast, by Wattage, 2020–2027

10.4.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.4.4 Market Estimates & Forecast, by Application, 2020–2027

10.4.5 China

10.4.5.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.4.5.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.4.5.3 Market Estimates & Forecast, by Application, 2020–2027

10.4.6 India

10.4.6.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.4.6.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.4.6.3 Market Estimates & Forecast, by Application, 2020–2027

10.4.7 Japan

10.4.7.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.4.7.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.4.7.3 Market Estimates & Forecast, by Application, 2020–2027

10.4.8 Rest of Asia-Pacific

10.4.8.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.4.8.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.4.8.3 Market Estimates & Forecast, by Application, 2020–2027

10.5 Middle East and Africa

10.5.1 Market Estimates & Forecast, by Country, 2020–2027

10.5.2 Market Estimates & Forecast, by Wattage, 2020–2027

10.5.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.5.4 Market Estimates & Forecast, by Application, 2020–2027

10.5.5 Saudi Arabia

10.5.5.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.5.5.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.5.5.3 Market Estimates & Forecast, by Application, 2020–2027

10.5.6 UAE

10.5.6.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.5.6.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.5.6.3 Market Estimates & Forecast, by Application, 2020–2027

10.5.7 South Africa

10.5.7.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.5.7.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.5.7.3 Market Estimates & Forecast, by Application, 2020–2027

10.5.8 Rest of Middle East and Africa

10.5.8.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.5.8.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.5.8.3 Market Estimates & Forecast, by Application, 2020–2027

10.6 South America

10.6.1 Market Estimates & Forecast, by Country, 2020–2027

10.6.2 Market Estimates & Forecast, by Wattage, 2020–2027

10.6.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.6.4 Market Estimates & Forecast, by Application, 2020–2027

10.6.5 Brazil

10.6.5.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.6.5.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.6.5.3 Market Estimates & Forecast, by Application, 2020–2027

10.6.6 Argentina

10.6.6.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.6.6.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.6.6.3 Market Estimates & Forecast, by Application, 2020–2027

10.6.7 Rest of South America

10.6.7.1 Market Estimates & Forecast, by Wattage, 2020–2027

10.6.7.2 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10.6.7.3 Market Estimates & Forecast, by Application, 2020–2027

11 Competitive Landscape

11.1 Overview

11.2 Key Players: Market Share Analysis

11.3 Competitive Benchmarking

12 Company Profiles

12.1 Ceravision

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.1.4.1 SWOT Analysis

12.1.5 Key Strategies

12.2 Hive Lighting

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.2.5 SWOT Analysis

12.2.6 Key Strategies

12.3 KA Shui International Holdings

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.3.5 SWOT Analysis

12.3.6 Key Strategies

12.4 Gavita

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.4.5 SWOT Analysis

12.4.6 Key Strategies

12.5 Green De Corp

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.5.5 SWOT Analysis

12.5.6 Key Strategies

12.6 Griffin & Ray

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.6.5 SWOT Analysis

12.6.6 Key Strategies

12.7 Fusionlux

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.7.5 SWOT Analysis

12.7.6 Key Strategies

12.8 Guangzhou Kaiming Industries

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.8.5 SWOT Analysis

12.8.6 Key Strategies

12.9 Birns

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.9.5 SWOT Analysis

12.9.6 Key Strategies

12.10 Solaronix

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

12.10.5 SWOT Analysis

12.10.6 Key Strategies

12.11 RFHIC Corporation

12.11.1 Company Overview

12.11.2 Product/Business Segment Overview

12.11.3 Financial Updates

12.11.4 Key Developments

12.11.5 SWOT Analysis

12.11.6 Key Strategies

12.12 Pure Plasma Lighting

12.12.1 Company Overview

12.12.2 Product/Business Segment Overview

12.12.3 Financial Updates

12.12.4 Key Developments

12.12.5 SWOT Analysis

12.12.6 Key Strategies

13 Conclusion

LIST OF TABLES

Table 1 Global Plasma Lighting Market, by Wattage, 2020–2027

Table 2 Global Plasma Lighting Market, by Distribution Channel, 2020–2027

Table 3 Global Plasma Lighting Market, by Application, 2020–2027

Table 4 Global Plasma Lighting Market, by Region, 2020–2027

Table 5 North America: Plasma Lighting Market, by Country, 2020–2027

Table 6 North America: Plasma Lighting, Market, by Wattage, 2020–2027

Table 7 North America: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 8 North America: Plasma Lighting, Market, by Application, 2020–2027

Table 9 US: Plasma Lighting Market, by Wattage, 2020–2027

Table 10 US: Plasma Lighting Market, by Distribution Channel, 2020–2027

Table 11 US: Plasma Lighting Market, by Application, 2020–2027

Table 12 Canada: Plasma Lighting, Market, by Wattage, 2020–2027

Table 13 Canada: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 14 Canada: Plasma Lighting, Market, by Application, 2020–2027

Table 15 Mexico: Plasma Lighting, Market, by Wattage, 2020–2027

Table 16 Mexico: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 17 Mexico: Plasma Lighting, Market, by Application, 2020–2027

Table 18 Europe: Plasma Lighting Market, by Country, 2020–2027

Table 19 Europe: Plasma Lighting Market, by Wattage, 2020–2027

Table 20 Europe: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 21 Europe: Plasma Lighting Market, by Application, 2020–2027

Table 22 Germany: Plasma Lighting Market, by Wattage, 2020–2027

Table 23 Germany: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 24 Germany: Plasma Lighting Market, by Application, 2020–2027

Table 25 France: Plasma Lighting Market, by Wattage, 2020–2027

Table 26 France: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 27 France: Plasma Lighting Market, by Application, 2020–2027

Table 28 UK: Plasma Lighting Market, by Wattage, 2020–2027

Table 29 UK: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 30 UK: Plasma Lighting Market, by Application, 2020–2027

Table 31 Spain: Plasma Lighting Market, by Wattage, 2020–2027

Table 32 Spain: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 33 Spain: Plasma Lighting Market, by Application, 2020–2027

Table 34 Italy: Plasma Lighting Market, by Wattage, 2020–2027

Table 35 Italy: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 36 Italy: Plasma Lighting Market, by Application, 2020–2027

Table 37 Asia-Pacific: Plasma Lighting Market, by Country, 2020–2027

Table 38 Asia-Pacific: Plasma Lighting Market, by Wattage, 2020–2027

Table 39 Asia-Pacific: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 40 Asia-Pacific: Plasma Lighting Market, by Application, 2020–2027

Table 41 China: Plasma Lighting Market, by Wattage, 2020–2027

Table 42 China: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 43 China: Plasma Lighting Market, by Application, 2020–2027

Table 44 Japan: Plasma Lighting Market, by Wattage, 2020–2027

Table 45 Japan: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 46 Japan: Plasma Lighting Market, by Application, 2020–2027

Table 47 India: Plasma Lighting Market, by Wattage, 2020–2027

Table 48 India: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 49 India: Plasma Lighting Market, by Application, 2020–2027

Table 50 Rest of Asia-Pacific: Plasma Lighting Market, by Wattage, 2020–2027

Table 51 Rest of Asia-Pacific: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 52 Rest of Asia-Pacific: Plasma Lighting Market, by Application, 2020–2027

Table 53 Middle East and Africa: Plasma Lighting Market, by Country, 2020–2027

Table 54 Middle East and Africa: Plasma Lighting Market, by Wattage, 2020–2027

Table 55 Middle East and Africa: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 56 Middle East and Africa: Plasma Lighting Market, by Application, 2020–2027

Table 57 Saudi Arabia: Plasma Lighting Market, by Wattage, 2020–2027

Table 58 Saudi Arabia: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 59 Saudi Arabia: Plasma Lighting Market, by Application, 2020–2027

Table 60 UAE: Plasma Lighting Market, by Wattage, 2020–2027

Table 61 UAE: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 62 UAE: Plasma Lighting Market, by Application, 2020–2027

Table 63 South Africa: Plasma Lighting Market, by Wattage, 2020–2027

Table 64 South Africa: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 65 South Africa: Plasma Lighting Market, by Application, 2020–2027

Table 66 Rest of Middle East and Africa: Plasma Lighting Market, by Wattage, 2020–2027

Table 67 Rest of Middle East and Africa: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 68 Rest of Middle East and Africa: Plasma Lighting Market, by Application, 2020–2027

Table 69 South America: Plasma Lighting Market, by Wattage, 2020–2027

Table 70 South America: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 71 South America: Plasma Lighting Market, by Application, 2020–2027

Table 72 Brazil: Plasma Lighting Market, by Wattage, 2020–2027

Table 73 Brazil: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 74 Brazil: Plasma Lighting Market, by Application, 2020–2027

Table 75 Argentina: Plasma Lighting Market, by Wattage, 2020–2027

Table 76 Argentina: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 77 Argentina: Plasma Lighting Market, by Application, 2020–2027

Table 78 Rest of South America: Plasma Lighting Market, by Wattage, 2020–2027

Table 79 Rest of South America: Plasma Lighting, Market, by Distribution Channel, 2020–2027

Table 80 Rest of South America: Plasma Lighting Market, by Application, 2020–2027

 

LIST OF FIGURES

FIGURE 1 Global Plasma Lighting Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of the Global Plasma Lighting Market

FIGURE 4 Value Chain of the Global Plasma Lighting Market

FIGURE 5 Share of the Global Plasma Lighting Market in 2020, by Country (in %)

FIGURE 6 Global Plasma Lighting Market, 2020–2027

FIGURE 7 Sub-Segments of Wattage

FIGURE 8 Global Plasma Lighting Market Size, by Wattage, 2020

FIGURE 9 Share of the Global Plasma Lighting Market, by Wattage, 2020 to 2027

FIGURE 10 Sub-Segments of Application

FIGURE 11 Global Plasma Lighting Market Size, by Application, 2020

FIGURE 12 Share of the Global Plasma Lighting Market, by Application, 2020 to 2027