Global Digital Ballast Market Analysis Revealing Key Drivers & Growth Trends through 2025

Posted on 2018-07-23 by Mark Hub in Industrial // 0 Comments

Albany, US, 2018-Jul-23 — /EPR Network/ —: Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Digital Ballast Market Research Report 2018” provides an in-depth analysis of the Digital Ballas with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house).The research study examines the Digital Ballast on the basis of a number of criteria, such as the product type, application, and its geographical presence.

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This report studies the global Digital Ballast market status and forecast, categorizes the global Digital Ballast market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Conventional farming methods are influenced by several factors, including weather, sunlight, temperature, and rainfall. Hence, it is difficult to guarantee a stable food supply through conventional farming. The yield in this model can be affected by natural disasters or the increasing shortage of cultivable land. Under these circumstances, vegetable factories that grow vegetables indoors without soil are becoming a global necessity. Vegetable factories control light, temperature, humidity, and nutrients with the help of computers and, occasionally, robots.

The prospects for growth in the global digital ballast market will be driven by the advent of digital ballasts with adjustable voltages and light dimming capabilities. The light output of these ballasts can be adjusted to 50%, 75%, or 100% depending on the growth stage of the plants. The low-light output can be used during the initial stages of plant growth, and the output can be increased as the plants grow. The ability of these devices to save energy, especially when compared to electrical ballasts, will result in its augmented adoption during the forecast period.

An important factor that impels the prospects for growth in this market is the rising demand for digital ballasts from plant factories. Plant factory, or vertical farming, involves a closed environment in which plants are grown under lights in stacked shelves. In the plant factories, grow lights are used to initiate the process of photosynthesis. Thus, with the increasing demand for food, more regions are expected to set up plant factories. This increase in the establishment of plant factories will result in the high demand for digital ballasts during the forecast period.

The global digital ballast market is competitive and consists of well-diversified global and regional vendors. However, as global players are increasing their footprint in the market, regional vendors are finding it increasingly difficult to compete with them in terms of quality, technology, and pricing.
The global Digital Ballast market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.

The major manufacturers covered in this report
Soils Tek
Apollo Horticulture
Galaxy
Quantum
Gavita
Nanolux
Phantom Digital
TECHONE

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
North America
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
In small room
In large room

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Agriculture
Application 2

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Table of Contents

Global Digital Ballast Market Research Report 2018
1 Digital Ballast Market Overview
1.1 Product Overview and Scope of Digital Ballast
1.2 Digital Ballast Segment by Type (Product Category)
1.2.1 Global Digital Ballast Production and CAGR (%) Comparison by Type (Product Category)(2013-2025)
1.2.2 Global Digital Ballast Production Market Share by Type (Product Category) in 2017
1.2.3 In small room
1.2.4 In large room
1.3 Global Digital Ballast Segment by Application
1.3.1 Digital Ballast Consumption (Sales) Comparison by Application (2013-2025)
1.3.2 Agriculture
1..2 Application 2
1.4 Global Digital Ballast Market by Region (2013-2025)
1.4.1 Global Digital Ballast Market Size (Value) and CAGR (%) Comparison by Region (2013-2025)
1.4.2 North America Status and Prospect (2013-2025)
1.4.3 Europe Status and Prospect (2013-2025)
1.4.4 China Status and Prospect (2013-2025)
1.4.5 Japan Status and Prospect (2013-2025)
1.4.6 Southeast Asia Status and Prospect (2013-2025)
1.4.7 India Status and Prospect (2013-2025)
1.5 Global Market Size (Value) of Digital Ballast (2013-2025)
1.5.1 Global Digital Ballast Revenue Status and Outlook (2013-2025)
1.5.2 Global Digital Ballast Capacity, Production Status and Outlook (2013-2025)

2 Global Digital Ballast Market Competition by Manufacturers
2.1 Global Digital Ballast Capacity, Production and Share by Manufacturers (2013-2018)
2.1.1 Global Digital Ballast Capacity and Share by Manufacturers (2013-2018)
2.1.2 Global Digital Ballast Production and Share by Manufacturers (2013-2018)
2.2 Global Digital Ballast Revenue and Share by Manufacturers (2013-2018)
2.3 Global Digital Ballast Average Price by Manufacturers (2013-2018)
2.4 Manufacturers Digital Ballast Manufacturing Base Distribution, Sales Area and Product Type
2.5 Digital Ballast Market Competitive Situation and Trends
2.5.1 Digital Ballast Market Concentration Rate
2.5.2 Digital Ballast Market Share of Top 3 and Top 5 Manufacturers
2.5.3 Mergers & Acquisitions, Expansion

3 Global Digital Ballast Capacity, Production, Revenue (Value) by Region (2013-2018)
3.1 Global Digital Ballast Capacity and Market Share by Region (2013-2018)
3.2 Global Digital Ballast Production and Market Share by Region (2013-2018)
3.3 Global Digital Ballast Revenue (Value) and Market Share by Region (2013-2018)
3.4 Global Digital Ballast Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.5 North America Digital Ballast Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.6 Europe Digital Ballast Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.7 China Digital Ballast Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.8 Japan Digital Ballast Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.9 Southeast Asia Digital Ballast Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.10 India Digital Ballast Capacity, Production, Revenue, Price and Gross Margin (2013-2018)

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