Lighting Ballasts Market to Exceed 872 Million Units by 2020 - Seite 2

In terms of geography, APAC accounted for almost 42% of the total share of the lighting ballasts market and dominated this industry during 2015. Owing to the increased application of lighting devices in residential applications, the general lighting market in APAC is growing at a rapid rate. Moreover, the availability of low-cost labor and raw materials is attracting several manufacturers from across the globe to start manufacturing units in APAC. As a result, the region is becoming a hub for several industries, which, in turn, will increase the demand for lighting fixtures from the commercial segment as well.

The following companies are the key players in the global lighting ballasts market: Acuity Brands, Advanced Lighting Technologies, Atlas Lighting Products, Crestron Electronics, Eaton, GE Lighting, Hatch Transformers, Leviton Manufacturing, Lutron Electronics Company, MaxLite, Osram Sylvania, Philips Lighting Holding BV., Progress Lighting, Technical Consumer Products, Universal Lighting Technologies and Venture Lighting International. Order a copy of Global Lighting Ballasts Market 2016-2020 report @ http://www.sandlerresearch.org/purchase?rname=59321.

Global Lighting Ballasts Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the lighting ballasts market report considers the unit shipment of lighting ballast for lamps and luminaires.

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