Arc-Based Plasma Lighting Market Size is valued at USD 608.1 Mn in 2023 and is predicted to reach USD 697.4 Mn by the year 2031 at a 1.82% CAGR during the forecast period for 2024-2031.
Arc-based plasma lighting, sometimes referred to as electrodeless plasma lamps, is a sophisticated lighting system that employs electromagnetic induction or microwaves to stimulate gases, causing them to transform into plasma and create luminous and powerful light. These lamps exhibit exceptional efficiency, possess an extended lifespan, and emit superior-quality, natural-coloured illumination without the need for electrodes. Typical uses of LED lights include street lighting, industrial environments, and agricultural applications, owing to their high efficiency, brightness, and long lifespan. Arc-based plasma lighting is a notable breakthrough in lighting technology, as it combines great efficiency with exceptional light quality. However, it does present certain hurdles in terms of cost and complexity.
Moreover, demand for high-intensity lighting solutions is on the rise in places where visibility and safety are of the utmost importance, such as security lighting and large-area recreational facilities that meet these criteria successfully because of arc-based plasma lighting's strong, wide-area coverage and is expected to boost market expansion in the coming years.
However, the low familiarity with arc-based plasma lighting technology and its high starting costs in comparison to conventional lighting options restrain the market growth over the predicted time frame. The market for arc-based plasma lighting is being propelled by stricter rules pertaining to energy efficiency as well as environmental protection as a result of the high-quality light it produces, which has great colour rendering and homogeneity. Furthermore, important players' increased research and development efforts and investments are expected to create lucrative opportunities in the global arc-based plasma lighting market over the forecast period.
Competitive Landscape
Some Major Key Players In The Arc-Based Plasma Lighting Market:
- Ams-OSRAM AG
- Signify Holding
- Ushio Inc.
- Excelitas Technologies Corp.
- Hamamatsu Photonics K.K.
- LEDVANCE GmbH
- Newport Corporation
- Superior Quartz Products, Inc.
- Amglo Kemlite Laboratories
- Venture Lighting International
- Thorlabs, Inc.
- Sciencetech
- Cole-Parmer Instrument Company, Llc
- Litetronics
- Larson Electronics
- Advanced Strobe Products, Inc.
- Agilent Technologies, Inc.
- Quantum Design Inc.
- Helios Quartz Group
- Applied Photon Technology, Inc.
- Advanced Radiation Corporation
- Dymax
- Jelight Company Inc.
- Blc International, Inc.
- Other Market Players
Market Segmentation:
The arc-based plasma lighting market is segmented based on light source, wattage type, and application. The light source segment comprises xenon arc lamps, metal halide lamps, krypton arc lamps, mercury vapour lamps, and deuterium lamps. By wattage type, the market is segmented into below 500 W, 501 W to 1500 W, and above 1500 W. By application, the market is segmented into Entertainment & Projection (Cinema Projectors, Large Venue Projectors, Photography, Scenery Lighting, Large Venue Lighting), Searchlight & Spotlight (Civil, Military and Land, Air and Runways, Maritime and Ports), Solar Simulation and Environmental Testing (Automotive, Photovoltaic Industry, Aeronautic & Aerospace, Equivalent Sun Hours, UV-Compatibility, Others), Spectroscopy (Broadband Light Source, Absorptivity Measurements, UV Spectroscopy, Spectrophotometry, High -Performance Liquid Chromatography (HPLC) and Ultra-High Liquid Chromatography (UHPLC), Fast Protein Liquid Chromatography (FPLC)), Medical Lighting (Endoscopic Lights, Dental and Surgical Lights, Identify and Analyze Samples that responds to UV), Microscopic Lights, UV Applications (Ozone Production, UV Curing in Printing, Adhesive Bonding, Disinfection and Sterilization of Surfaces, Water Treatment & Sterilization and Air Purification), and Others (Laser Pumping, Additive Manufacturing, Photoionization, Analytical Instrumentation, Capillary Electrophoresis, Lithography, Quality Control, Chemical Synthesis, Photochemical Processes, DLP, 3LCD, and LCoS Projectors)
As Per The Light Source, The Xenon Arc Lamps Plasma Lighting Devices Segment Accounts For A Major Contributor To The Arc-Based Plasma Lighting Market.
The xenon arc lamps category is expected to hold a major share of the global arc-based plasma lighting market in 2023. It is attributed to because of its unique blend of important qualities and proven uses in several fields. The wide spectrum of light produced by Xenon arc lamps, along with their excellent colour rendering capabilities, makes them an excellent substitute for natural sunlight. Their ability to reproduce colours and spectra accurately makes them indispensable in solar simulators, theatre projection, and automobile headlights, among other vital applications. On top of that, xenon arc lights are perfect for high-intensity, extremely brilliant outdoor lighting applications like street and stadium lighting. Furthermore, xenon arc lamps will remain the most popular arc-based plasma lighting option for the foreseeable future due to the fact that their efficiency and performance are always being upgraded through technological advancements.
The UV Applications Segment Witnessed Rapid Growth.
The UV applications segment is projected to grow at a rapid rate in the global arc-based plasma lighting market owing to concerns about health and cleanliness, which are driving demand for ultraviolet light sources in many different businesses, such as those dealing with water and air purification, sterilization, and medicinal treatments. In addition, plasma-based UV lighting systems have become more efficient and affordable because of ongoing developments in UV technology, which has increased their use in a variety of industries. The usefulness of ultraviolet light as a disinfectant is becoming more well-known, which is leading to its increased use in public and healthcare settings.
In The Region, The Asia Pacific Arc-Based Plasma Lighting Market Holds A Significant Revenue Share.
The Asia Pacific Plasma arc-based plasma lighting market is predicted to record the maximum market revenue share in the near future. It can be attributed to the rise in better illumination, longer durability, and resilience. Additionally, arc-based plasma lighting is rapidly becoming the norm in the region as more and more people learn about its disinfecting benefits, especially in public places and healthcare institutions. In addition, Europe is predicted to grow rapidly in the global arc-based plasma lighting market because there is a growing need for sophisticated lighting systems to facilitate the construction of public spaces, buildings, and factories throughout the Europe.
Recent Developments:
- In Jan 2022, Excelitas Technologies® Corp. introduced the µPAX-3 Pulsed Xenon Light Source. The µPAX-3 is a light source that combines an innovative lamp design with advanced circuitry and components. The device emitted short bursts of wide-spectrum light with remarkable stability of the electric discharge. The µPAX-3 module comprised a compact cubic design that incorporated an integrated flashlight, trigger circuit, capacitor charging power supply, and precise arc alignment.
Arc-Based Plasma Lighting Market Report Scope
|
Report Attribute |
Specifications |
|
Market Size Value In 2023 |
USD 608.1 Mn |
|
Revenue Forecast In 2031 |
USD 697.4 Mn |
|
Growth Rate CAGR |
CAGR of 1.82 % from 2024 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Light Source, Wattage Type, and Application |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; Southeast Asia; South Korea |
|
Competitive Landscape |
Ams-OSRAM AG, Signify Holding, Ushio Inc., Excelitas Technologies Corp., Hamamatsu Photonics K.K., LEDVANCE GmbH, Newport Corporation, Superior Quartz Products, Inc., Amglo Kemlite Laboratories, Venture Lighting International, Thorlabs, Inc., Sciencetech, Cole-Parmer Instrument Company, Llc, Litetronics, Larson Electronics, Advanced Strobe Products, Inc., Agilent Technologies, Inc., Quantum Design Inc., Helios Quartz Group, Applied Photon Technology, Inc., Advanced Radiation Corporation, Dymax, Jelight Company Inc., Blc International, Inc., Other Market Players |
|
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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