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
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