Report Detail
Global (United States, European Union and China) Digital Ballast Market Research Report 2019-2025
- RnM3682419 |
- 19 August, 2019 |
- Global |
- 118 Pages |
- QYResearch |
- Agriculture
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.
In 2019, the market size of Digital Ballast is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Digital Ballast.
This report studies the global market size of Digital Ballast, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Digital Ballast production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Soils Tek
Apollo Horticulture
Galaxy
Quantum
Gavita
Nanolux
Phantom Digital
TECHONE
Market Segment by Product Type
In small room
In large room
Market Segment by Application
Agriculture
Application II
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Digital Ballast status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Digital Ballast manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Digital Ballast are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Table of Contents
1 Report Overview
- 1.1 Research Scope
- 1.2 Major Manufacturers Covered in This Report
- 1.3 Market Segment by Type
- 1.3.1 Global Digital Ballast Market Size Growth Rate by Type (2019-2025)
- 1.3.2 In small room
- 1.3.3 In large room
- 1.4 Market Segment by Application
- 1.4.1 Global Digital Ballast Market Share by Application (2019-2025)
- 1.4.2 Agriculture
- 1.4.3 Application II
- 1.5 Study Objectives
- 1.6 Years Considered
2 Global Growth Trends
- 2.1 Production and Capacity Analysis
- 2.1.1 Global Digital Ballast Production Value 2014-2025
- 2.1.2 Global Digital Ballast Production 2014-2025
- 2.1.3 Global Digital Ballast Capacity 2014-2025
- 2.1.4 Global Digital Ballast Marketing Pricing and Trends
- 2.2 Key Producers Growth Rate (CAGR) 2019-2025
- 2.2.1 Global Digital Ballast Market Size CAGR of Key Regions
- 2.2.2 Global Digital Ballast Market Share of Key Regions
- 2.3 Industry Trends
- 2.3.1 Market Top Trends
- 2.3.2 Market Drivers
3 Market Share by Manufacturers
- 3.1 Capacity and Production by Manufacturers
- 3.1.1 Global Digital Ballast Capacity by Manufacturers
- 3.1.2 Global Digital Ballast Production by Manufacturers
- 3.2 Revenue by Manufacturers
- 3.2.1 Digital Ballast Revenue by Manufacturers (2014-2019)
- 3.2.2 Digital Ballast Revenue Share by Manufacturers (2014-2019)
- 3.2.3 Global Digital Ballast Market Concentration Ratio (CR5 and HHI)
- 3.3 Digital Ballast Price by Manufacturers
- 3.4 Key Manufacturers Digital Ballast Plants/Factories Distribution and Area Served
- 3.5 Date of Key Manufacturers Enter into Digital Ballast Market
- 3.6 Key Manufacturers Digital Ballast Product Offered
- 3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
- 4.1 Production and Production Value for Each Type
- 4.1.1 In small room Production and Production Value (2014-2019)
- 4.1.2 In large room Production and Production Value (2014-2019)
- 4.2 Global Digital Ballast Production Market Share by Type
- 4.3 Global Digital Ballast Production Value Market Share by Type
- 4.4 Digital Ballast Ex-factory Price by Type
5 Market Size by Application
- 5.1 Overview
- 5.2 Global Digital Ballast Consumption by Application
6 Production by Regions
- 6.1 Global Digital Ballast Production (History Data) by Regions 2014-2019
- 6.2 Global Digital Ballast Production Value (History Data) by Regions
- 6.3 United States
- 6.3.1 United States Digital Ballast Production Growth Rate 2014-2019
- 6.3.2 United States Digital Ballast Production Value Growth Rate 2014-2019
- 6.3.3 Key Players in United States
- 6.3.4 United States Digital Ballast Import & Export
- 6.4 European Union
- 6.4.1 European Union Digital Ballast Production Growth Rate 2014-2019
- 6.4.2 European Union Digital Ballast Production Value Growth Rate 2014-2019
- 6.4.3 Key Players in European Union
- 6.4.4 European Union Digital Ballast Import & Export
- 6.5 China
- 6.5.1 China Digital Ballast Production Growth Rate 2014-2019
- 6.5.2 China Digital Ballast Production Value Growth Rate 2014-2019
- 6.5.3 Key Players in China
- 6.5.4 China Digital Ballast Import & Export
- 6.6 Rest of World
- 6.6.1 Japan
- 6.6.2 Korea
- 6.6.3 India
- 6.6.4 Southeast Asia
7 Digital Ballast Consumption by Regions
- 7.1 Global Digital Ballast Consumption (History Data) by Regions
- 7.2 United States
- 7.2.1 United States Digital Ballast Consumption by Type
- 7.2.2 United States Digital Ballast Consumption by Application
- 7.3 European Union
- 7.3.1 European Union Digital Ballast Consumption by Type
- 7.3.2 European Union Digital Ballast Consumption by Application
- 7.4 China
- 7.4.1 China Digital Ballast Consumption by Type
- 7.4.2 China Digital Ballast Consumption by Application
- 7.5 Rest of World
- 7.5.1 Rest of World Digital Ballast Consumption by Type
- 7.5.2 Rest of World Digital Ballast Consumption by Application
- 7.5.1 Japan
- 7.5.2 Korea
- 7.5.3 India
- 7.5.4 Southeast Asia
8 Company Profiles
- 8.1 Soils Tek
- 8.1.1 Soils Tek Company Details
- 8.1.2 Company Description and Business Overview
- 8.1.3 Production and Revenue of Digital Ballast
- 8.1.4 Digital Ballast Product Introduction
- 8.1.5 Soils Tek Recent Development
- 8.2 Apollo Horticulture
- 8.2.1 Apollo Horticulture Company Details
- 8.2.2 Company Description and Business Overview
- 8.2.3 Production and Revenue of Digital Ballast
- 8.2.4 Digital Ballast Product Introduction
- 8.2.5 Apollo Horticulture Recent Development
- 8.3 Galaxy
- 8.3.1 Galaxy Company Details
- 8.3.2 Company Description and Business Overview
- 8.3.3 Production and Revenue of Digital Ballast
- 8.3.4 Digital Ballast Product Introduction
- 8.3.5 Galaxy Recent Development
- 8.4 Quantum
- 8.4.1 Quantum Company Details
- 8.4.2 Company Description and Business Overview
- 8.4.3 Production and Revenue of Digital Ballast
- 8.4.4 Digital Ballast Product Introduction
- 8.4.5 Quantum Recent Development
- 8.5 Gavita
- 8.5.1 Gavita Company Details
- 8.5.2 Company Description and Business Overview
- 8.5.3 Production and Revenue of Digital Ballast
- 8.5.4 Digital Ballast Product Introduction
- 8.5.5 Gavita Recent Development
- 8.6 Nanolux
- 8.6.1 Nanolux Company Details
- 8.6.2 Company Description and Business Overview
- 8.6.3 Production and Revenue of Digital Ballast
- 8.6.4 Digital Ballast Product Introduction
- 8.6.5 Nanolux Recent Development
- 8.7 Phantom Digital
- 8.7.1 Phantom Digital Company Details
- 8.7.2 Company Description and Business Overview
- 8.7.3 Production and Revenue of Digital Ballast
- 8.7.4 Digital Ballast Product Introduction
- 8.7.5 Phantom Digital Recent Development
- 8.8 TECHONE
- 8.8.1 TECHONE Company Details
- 8.8.2 Company Description and Business Overview
- 8.8.3 Production and Revenue of Digital Ballast
- 8.8.4 Digital Ballast Product Introduction
- 8.8.5 TECHONE Recent Development
9 Market Forecast
- 9.1 Global Market Size Forecast
- 9.1.1 Global Digital Ballast Capacity, Production Forecast 2019-2025
- 9.1.2 Global Digital Ballast Production Value Forecast 2019-2025
- 9.2 Market Forecast by Regions
- 9.2.1 Global Digital Ballast Production and Value Forecast by Regions 2019-2025
- 9.2.2 Global Digital Ballast Consumption Forecast by Regions 2019-2025
- 9.3 United States
- 9.3.1 Production and Value Forecast in United States
- 9.3.2 Consumption Forecast in United States
- 9.4 European Union
- 9.4.1 Production and Value Forecast in European Union
- 9.4.2 Consumption Forecast in European Union
- 9.5 China
- 9.5.1 Production and Value Forecast in China
- 9.5.2 Consumption Forecast in China
- 9.6 Rest of World
- 9.6.1 Japan
- 9.6.2 Korea
- 9.6.3 India
- 9.6.4 Southeast Asia
- 9.7 Forecast by Type
- 9.7.1 Global Digital Ballast Production Forecast by Type
- 9.7.2 Global Digital Ballast Production Value Forecast by Type
- 9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
- 10.1 Value Chain Analysis
- 10.2 Sales Channels Analysis
- 10.2.1 Digital Ballast Sales Channels
- 10.2.2 Digital Ballast Distributors
- 10.3 Digital Ballast Customers
11 Opportunities & Challenges, Threat and Affecting Factors
- 11.1 Market Opportunities
- 11.2 Market Challenges
- 11.3 Porter's Five Forces Analysis
12 Key Findings
13 Appendix
- 13.1 Research Methodology
- 13.1.1 Methodology/Research Approach
- 13.1.1.1 Research Programs/Design
- 13.1.1.2 Market Size Estimation
- 13.1.1.3 Market Breakdown and Data Triangulation
- 13.1.2 Data Source
- 13.1.2.1 Secondary Sources
- 13.1.2.2 Primary Sources
- 13.1.1 Methodology/Research Approach
- 13.2 Author Details
Summary:
Get latest Market Research Reports on Digital Ballast. Industry analysis & Market Report on Digital Ballast is a syndicated market report, published as Global (United States, European Union and China) Digital Ballast Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Digital Ballast market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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