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MarketersMEDIA / Newsroom / Global Plasma Lighting Market is expected to reach $552.72 million by 2027 growing at a CAGR of 6.7% during 2018 to 2027.

Global Plasma Lighting Market is expected to reach $552.72 million by 2027 growing at a CAGR of 6.7% during 2018 to 2027.

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Some of the key players in this market include Pure Plasma Lighting, Lightahead, CozyCabin, RioRand, Crystallove, HDE, Creative Motion, PowerTRC, Katzco, URBAN ARMOR GEAR, Mega Racer, Hfele GmbH & Co Kg and Inter-Lux.

— Increase in soil degradation, growing incidences of micronutrient deficiencies in soils and growing food demand and shrinking farm land are some of the driving factors for the market growth. However, design issues faced by engineers and necessity to heat sensor vapor cell before operation may hamper the market growth.

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Plasma lighting is a high lumen energy saving lighting. Plasma lighting systems are electrodeless metal halide lamps that produce light directly from an arc discharge operated under high pressure. The plasma lightings are a type of gas discharge lamps that are energized by radio frequency power. It is fit for different kind of applications such as municipal, sports facilities, roadway, and green house usage.

On the basis of Application, Horticulture segment is constantly enhancing due to the increasing demand for these systems in harsh weather conditions. Horticulture lights are being used for the cultivation of fruits and vegetable, and floriculture.

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By geography, Asia Pacific in anticipated to grow during forecast period attributed to growing investments in manufacturing sector and increased usage of indoor farming in this region.

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Components Covered:
• Waveguide
• Lightron
• Cavity Resonator
• Bulb Assembly

Wattages Covered:
• 300W
• 700W
• 1,000W

Applications Covered:
• Industrial
• Roadways, Streets, and Tunnels
• Sports & Entertainment
• Horticulture
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

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Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com/

Source URL: https://marketersmedia.com/global-plasma-lighting-market-is-expected-to-reach-55272-million-by-2027-growing-at-a-cagr-of-67-during-2018-to-2027/88924998

Source: MarketersMedia

Release ID: 88924998

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