HID BALLAST MARKET ANALYSIS

Market Challenges And Opportunities

Increasing Use of HID Ballast in Car Headlamps for Better Illumination Efficiency is One of the Key Driving Factors of The Global HID Ballast Market

Increasing adoption of HID ballast in the automotive sector is driving growth of the HID ballast market. HID ballast is used in car headlamps in order to increase their illumination efficiency. Moreover, increasing adoption and sales of energy efficient lighting systems for enhanced outdoor brightness in areas such as stadiums and parking places is positively contributing to growth of the HID ballast market.  Stringent regulations such as the Energy Independence and Security Act of 2007, is fuelling demand for energy-efficient light sources such as LEDs. Most of the legislations focus mainly on two bases, i.e., controlling the energy distribution balance (supply – demand balance) and ensuring compliance with global environmental emission norms. This is expected to boost adoption of low-energy light sources. These regulations are expected to aid the growth of the HID ballast market during the forecast period.

In September, 2016, a revolutionary ban was imposed in China against incandescent light bulbs. Europe is further accelerating the switchover to more ecological lighting sources by extending its regulations to ban low-voltage halogen lamps, and the government of India is taking initiatives to provide LED bulbs at subsidized rates. These factors are expected to aid in growth of the marker.