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.
This report contains market size and forecasts of Digital Ballast in global, including the following market information:
Global Digital Ballast Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Digital Ballast Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Digital Ballast companies in 2021 (%)
The global Digital Ballast market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
100W Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Digital Ballast include General Electric, Lutron Electronics, Eaton, STMicroelectronics, Infineon, LCR Electronics, Eckerle Industrie- Elektronik, ERC Highlight and Daisalux, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Digital Ballast manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Digital Ballast Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Digital Ballast Market Segment Percentages, by Type, 2021 (%)
100W
1000W
其他
Global Digital Ballast Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Digital Ballast Market Segment Percentages, by Application, 2021 (%)
Home Use
Commercial Use
Industrial Use
Global Digital Ballast Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Digital Ballast Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Digital Ballast revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Digital Ballast revenues share in global market, 2021 (%)
Key companies Digital Ballast sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Digital Ballast sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
General Electric
Lutron Electronics
Eaton
STMicroelectronics
Infineon
LCR Electronics
Eckerle Industrie- Elektronik
ERC Highlight
Daisalux
ELKOVO
Keystone Technologies
Signify Holding
W. Lucy