The global market size of Sodium Vapor Lamps is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2025 with a CAGR of XX% from 2019 to 2025.
Sodium-vapor lamps are used as a source of both general and special illumination. The term sodium-vapor refers to the gas phase formed when sodium combines with vaporized oxygen in the presence of water vapors. A sodium-vapor lamp uses sodium in a highly excited state with vaporizing water to generate light. Most sodium-vapor lamps use a metal plate to create the light which is then projected through transparent materials into a room.
As a replacement for incandescent or fluorescent lamps, sodium-vapor lamps can be used to illuminate almost any surface. These lamps contain one or more electrodes that contain an electrically conductive source such as a thin sheet of metal or a glass antifreeze solution. Sodium-v Vapor lamps can be used to produce a soft glow or "warm" effect on a variety of surfaces including art work, wood, fabric and paper. They can even be used outdoors under the influence of varying temperatures to provide illumination for sports venues, hiking paths and other recreational areas.
Market Dynamics
Increasing urban population is expected to propel growth of the global sodium-vapor lamps market over the forecast period. For instance, according to the World Bank, the urban population in China increased from 49.22% in 2010 to 60.3% in 2019.
Major cities around the world have started replacing sodium vapor lights with energy-efficient LEDs, which is expected to hinder growth of the global sodium-vapor lamps market. For instance, the Chicago Department of Transportation (U.S.) announced to replace 270,000, or 85%, of streetlights in Chicago with LEDs by 2021. Similar trend is observed in other states in the U.S. In May 2020, Ventura County Public Works, California, partnered with Southern California Edison, a subsidiary of Edison International, to replace existing high pressure sodium vapor lights with energy efficient Light Emitting Diode, or LED, lights to more than 2,400 street lights.
With low demand for sodium vapor lights, players in the global sodium-vapor lamps market are increasing their focus on other portfolio. For instance, in October 2020, Acuity Brands, Inc. entered into strategic agreements with Violet Defense LLC, the developer of germicidal UV lighting technology, and Puro Lighting, LLC, a lighting and technology company, to expand its portfolio of UV disinfection products.
Key Takeaways
Increasing replacement of sodium vapor lights with energy-efficient LEDs is expected to hinder growth of the global sodium-vapor lamps market over the forecast period
Major players operating in the global sodium-vapor lamps market include, Acuity Brands Lighting, Inc., Lithonia Lighting, Bulbrite Industries, Inc., Contrac Lighting
Global Sodium Vapor Lamps Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Sodium Vapor Lamps industry.
The key insights of the report:
1.The report provides key statistics on the market status of the Sodium Vapor Lamps manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2025 market development trends of Sodium Vapor Lamps industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Sodium Vapor Lamps Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Sodium Vapor Lamps as well as some small players. At least 9 companies are included:
* Acuity Brands Lighting
* Inc. (US)
* Lithonia Lighting (US)
* Bulbrite Industries
* Inc. (US)
* Contrac Lighting (UK)
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Sodium Vapor Lamps market
* Product Type I
* Product Type II
* Product Type III
For end use/application segment, this report focuses on the status and outlook for key applications. End users are also listed.
* Application I
* Application II
* Application III
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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