High Pressure Sodium Light Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_0091033
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 8.18 |
Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries
Download Sample PdfReport Overview
The High-pressure Sodium Light Market size is estimated to grow at a CAGR of 5.62% between 2022 and 2032. The market size is forecast to increase by USD 1,567.89 million. The growth of the market depends on several factors, including the increasing demand for efficient outdoor lighting solutions, the rising adoption of smart city technologies, and the focus on energy conservation. High-pressure sodium lights are a type of lighting fixture that is commonly used for outdoor lighting applications, such as street lighting, parking lot lighting, and industrial lighting. These lights offer high luminous efficacy, long lifespan, and good color rendering, making them suitable for various outdoor lighting needs.
High-pressure Sodium Light Market Overview:
Drivers:
One of the key factors driving the high-pressure sodium light market growth is the increasing demand for efficient outdoor lighting solutions. With the growing need for well-lit outdoor spaces, there is a rising demand for lighting fixtures that provide high brightness and uniform illumination. High-pressure sodium lights offer excellent luminous efficacy, producing a warm yellowish light that enhances visibility and safety in outdoor areas. These lights are particularly suitable for street lighting applications, where high brightness and long operational life are essential.
Moreover, the adoption of smart city technologies is also driving the market growth. Smart lighting systems, including high-pressure sodium lights, offer advanced features such as remote monitoring, dimming capabilities, and integration with smart city networks. These smart lighting solutions provide energy savings, improved maintenance efficiency, and enhanced control options for outdoor lighting, thereby fueling their demand in urban areas.
Trends:
A key trend shaping the high-pressure sodium light market is the integration of smart controls and sensors. Manufacturers are incorporating wireless connectivity and intelligent control systems into high-pressure sodium lighting fixtures, enabling remote monitoring and control of the lights. This integration allows for energy-efficient operation, adaptive lighting control based on ambient conditions, and real-time fault detection. Additionally, the use of motion sensors or occupancy sensors in high-pressure sodium lighting systems is gaining popularity as it enhances energy efficiency by automatically adjusting the light output based on the presence of people or vehicles.
Furthermore, there is a growing focus on energy conservation, which is driving the demand for high-pressure sodium lights. These lights offer high luminous efficacy, converting a significant portion of electrical energy into visible light. They are more energy-efficient compared to traditional lighting technologies, such as incandescent or halogen lights. The emphasis on energy conservation and sustainability, coupled with the long operational life of high-pressure sodium lights, makes them a preferred choice for outdoor lighting applications.
Restraints:
One of the key challenges hindering the high-pressure sodium light market growth is the increasing competition from LED lighting technologies. LED lights have gained significant popularity in recent years due to their superior energy efficiency, longer lifespan, and better color rendering. LED lights consume less power, have a longer operational life, and offer more flexibility in terms of color temperature and control options. The declining prices of LED lighting solutions and the growing awareness of their benefits pose a challenge to the market share of high-pressure sodium lights.
High-pressure Sodium Light Market Segmentation By Application:
The street lighting segment is estimated to witness significant growth during the forecast period. High-pressure sodium lights are widely used for street lighting due to their high brightness, long lifespan, and good color rendering. These lights provide uniform illumination, enhancing visibility and safety on roads and highways. The increasing focus on energy-efficient street lighting solutions and the adoption of smart city technologies are driving the demand for high-pressure sodium lights in this segment.
The industrial lighting segment is also expected to contribute to the market growth. High-pressure sodium lights are commonly used for lighting in industrial facilities, warehouses, and outdoor industrial areas. These lights offer high luminous efficacy and good color rendering, making them suitable for various industrial lighting needs.
High-pressure Sodium Light Market Segmentation By Type:
The high-pressure sodium lamp segment is expected to dominate the market during the forecast period. High-pressure sodium lamps are widely used for outdoor lighting applications due to their high luminous efficacy and long operational life. These lamps produce a warm yellowish light that is suitable for street lighting, parking lot lighting, and other outdoor lighting needs. The increasing demand for efficient outdoor lighting solutions and the focus on energy conservation are driving the growth of this segment.
Regional Overview:
Download the report summary now!
Request pdf Sample
North America is estimated to contribute significantly to the growth of the global high-pressure sodium light market during the forecast period. The region has a high demand for outdoor lighting solutions, particularly for street lighting and parking lot lighting. The presence of key market players, technological advancements, and the focus on energy-efficient lighting further support market growth in North America.
Europe is also expected to witness substantial growth in the high-pressure sodium light market. The region has a strong emphasis on energy conservation and sustainable lighting solutions. The increasing adoption of smart city technologies and the focus on efficient outdoor lighting drive the market in Europe.
High-pressure Sodium Light Market Customer Landscape:
The high-pressure sodium light market industry report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major High-pressure Sodium Light Market Companies?
Companies are implementing various strategies, such as product launches, partnerships, mergers and acquisitions, and geographical expansion, to enhance their presence in the market.
Some of the major companies operating in the high-pressure sodium light market include:
- Acuity Brands Lighting Inc.
- Cree Inc.
- Eaton Corporation
- General Electric Company
- Hubbell Incorporated
- Koninklijke Philips N.V.
- Legrand SA
- Osram Licht AG
- Signify Holding
The research report also includes detailed analyses of the competitive landscape of the market and information about key market players. Data is qualitatively analyzed to categorize companies based on their market presence and strength.
Segment Overview:
The high-pressure sodium light market report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
- Application Outlook (USD Million, 2019 - 2032)
o Street Lighting
o Industrial Lighting
o Others
- Type Outlook (USD Million, 2019 - 2032)
o Single-ended
o Double-ended
o Others
- Geography Outlook (USD Million, 2019 - 2032)
o North America
- The U.S.
- Canada
o Europe
- K.
- Germany
- France
- Rest of Europe
o Asia Pacific
- China
- India
o South America
- Brazil
- Argentina
- Rest of South America
o Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
TABLE OF CONTENTS: GLOBAL High-pressure Sodium Light MARKET
Chapter 1. MARKET SYNOPSIS
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. EXECUTIVE SUMMARY
2.1. Summary Snapshot, 2016 – 2027
Chapter 3. INDICATIVE METRICS
3.1. Macro Indicators
Chapter 4. High-pressure Sodium Light MARKET SEGMENTATION & IMPACT ANALYSIS
4.1. High-pressure Sodium Light Segmentation Analysis
4.2. Industrial Outlook
4.3. Price Trend Analysis
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.5.1. Power Of Suppliers
4.5.2. Power Of Buyers
4.5.3. Threat Of Substitutes
4.5.4. Threat Of New Entrants
4.5.5. Competitive Rivalry
Chapter 5. Change High-pressure Sodium Light MARKET BY TYPE INSIGHTS & TRENDS
5.1. Segment 1 Dynamics & Market Share, 2019 & 2027
5.2. Below 1000 W
5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.3. 1000-2000 W
5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD M
5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.4. Above 2000 W
5.4.1. Market Estimates And Forecast, 2016 – 2027 (USD M
5.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 6. High-pressure Sodium Light MARKET BY APPLICATION INSIGHTS & TRENDS
6.1. Segment 2 Dynamics & Market Share, 2019 & 2027
6.2. Road
6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.3. Highway
6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.4. Airport
6.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.5. Park
6.5.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.5.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 7. High-pressure Sodium Light MARKET REGIONAL OUTLOOK
7.1. High-pressure Sodium Light Market Share By Region, 2019 & 2027
7.2. NORTH AMERICA
7.2.1. North America High-pressure Sodium Light Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.2. North America High-pressure Sodium Light Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.3. North America High-pressure Sodium Light Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.4. North America High-pressure Sodium Light Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.5. U.S.
7.2.5.1. U.S High-pressure Sodium Light Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.5.2. U.S. High-pressure Sodium Light Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.5.3. U.S. High-pressure Sodium Light Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.5.4. U.S. High-pressure Sodium Light Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.6. CANADA
7.2.6.1. Canada High-pressure Sodium Light Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.6.2. Canada High-pressure Sodium Light Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.6.3. Canada High-pressure Sodium Light Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.6.4. Canada High-pressure Sodium Light Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3. EUROPE
7.3.1. Europe High-pressure Sodium Light Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.2. Europe High-pressure Sodium Light Estimates And Forecast By Segment 1, 2016 –2027, (USD Million
7.3.3. Europe High-pressure Sodium Light Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.4. Europe High-pressure Sodium Light Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.5. GERMANY
7.3.5.1. Germany High-pressure Sodium Light Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.5.2. Germany High-pressure Sodium Light Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.5.3. Germany High-pressure Sodium Light Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.5.4. Germany High-pressure Sodium Light Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.6. FRANCE
7.3.6.1. France High-pressure Sodium Light Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.6.2. France High-pressure Sodium Light Estimates And Forecast By Segment 1, 2016 –2027, (USD Million
7.3.6.3. France High-pressure Sodium Light Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.6.4. France High-pressure Sodium Light Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.7. U.K.
7.3.7.1. U.K. High-pressure Sodium Light Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.7.2. U.K. High-pressure Sodium Light Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.7.3. U.K. High-pressure Sodium Light Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.7.4. U.K High-pressure Sodium Light
7.4. ASIA-PACIFIC
7.4.1. Asia Pacific High-pressure Sodium Light Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.2. Asia Pacific High-pressure Sodium Light Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.3. Asia Pacific High-pressure Sodium Light Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.4. Asia Pacific High-pressure Sodium Light Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.5. CHINA
7.4.5.1. China High-pressure Sodium Light Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.5.2. China High-pressure Sodium Light Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.5.3. China High-pressure Sodium Light Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.5.4. China High-pressure Sodium Light Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.6. INDIA
7.4.6.1. India High-pressure Sodium Light Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.6.2. India High-pressure Sodium Light Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.6.3. India High-pressure Sodium Light Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.6.4. India High-pressure Sodium Light Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.7. JAPAN
7.4.7.1. Japan High-pressure Sodium Light Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.7.2. Japan High-pressure Sodium Light Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.7.3. Japan High-pressure Sodium Light Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.7.4. Japan High-pressure Sodium Light Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.8. AUSTRALIA
7.4.8.1. Australia High-pressure Sodium Light Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.8.2. Australia High-pressure Sodium Light Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.8.3. Australia High-pressure Sodium Light Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.8.4. Australia High-pressure Sodium Light Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.5. MIDDLE EAST AND AFRICA (MEA)
7.5.1. Mea High-pressure Sodium Light Estimates And Forecast, 2016 – 2027, (USD Million)
7.5.2. Mea High-pressure Sodium Light Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.5.3. Mea High-pressure Sodium Light Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.5.4. Mea High-pressure Sodium Light Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.6. LATIN AMERICA
7.6.1. Latin America High-pressure Sodium Light Estimates And Forecast, 2016 – 2027, (USD Million)
7.6.2. Latin America High-pressure Sodium Light Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.6.3. Latin America High-pressure Sodium Light Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.6.4. Latin America High-pressure Sodium Light Estimates And Forecast By Production Process, 2016 –2027, (USD Million)
7.6.5. Latin America High-pressure Sodium Light Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
Chapter 8. COMPETITIVE LANDSCAPE
8.1. Market Share By Manufacturers
8.2. Strategic Benchmarking
8.2.1. New Product Launches
8.2.2. Investment & Expansion
8.2.3. Acquisitions
8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures
8.3. Vendor Landscape
8.3.1. North American Suppliers
8.3.2. European Suppliers
8.3.3. Asia-Pacific Suppliers
8.3.4. Rest Of The World Suppliers
Chapter 9. COMPANY PROFILES
9.1. Philips
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2. Robertson
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3. Hella
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
9.4. Osram
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Insights
9.4.4. Strategic Initiatives
9.5. Panasonic
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Insights
9.5.4. Strategic Initiatives
9.6. GE
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Insights
9.6.4. Strategic Initiatives
9.7. Acuity Brands
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Insights
9.7.4. Strategic Initiatives
9.8. Koito
9.8.2. Financial Performance
9.8.3. Product Insights
9.8.4. Strategic Initiatives
9.9 . Valeo
9.9.2. Financial Performance
9.9.3. Product Insights
9.9.4. Strategic Initiatives
9.10. Hubbell
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Insights
9.10.4. Strategic Initiatives
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
Personalized Business Report Tailored to Your Requirements
- Our expert analysts collaborate directly with you to comprehend your specific needs.
- Get data on regions, segments, competitors, and vendors of your choice.
- Information is presented in alignment with your exact preferences and formatting.
Free Sample Report
"Find new revenue generation opportunities"