Home > > > Report Detail

Plasma Lighting Market by Component (Lightron, Waveguide, and Cavity Resonator), Application (Roadways, Streets, and Tunnels Industrial, and Horticulture), Wattage (300W, 700W, and 1,000W), and Geography - Global Forecast to 2024

Publisher Name :
Date: 22-Aug-2019
No. of pages: 94
Inquire Before Buying

Increasing penetration of plasma lighting in horticulture and the growing popularity of indoor farming drives market growth

The plasma lighting market is expected to grow at a CAGR of 4.7% from 2019 to 2024, to reach USD 415 million by 2024 from USD 329 million in 2019. The requirement to carry out indoor farming is expected to increase across the globe, especially in the urban areas in the coming years.

According to the United Nations estimates, nearly 80% of the world’s population is expected to reside in cities and metropolitan areas by 2050. The land available for cultivation is expected to be insufficient to meet the food demand of the urban population. Moreover, the rise in the logistics costs is also likely to contribute to increased prices for fresh vegetables, owing to the growing distance between cities and farms. This, in turn, is likely to contribute to increased demand for indoor farms equipped with plasma lighting in cities, thereby fueling the growth of the plasma lighting market.

Industrial application to dominate in the plasma lighting market during the forecast period

The plasma lighting market, by application, is segmented into roadways, streets, & tunnels; industrial; sports & entertainment; horticulture; and others. Others include fixtures and marine lighting. The plasma lighting market for industrial application is expected to hold a dominant position throughout the forecast period. In industrial settings, safety is a primary concern, and proper and adequate lighting is a key factor to maintain high productivity of workers. The improper application of lighting can result in excessive light, leading to energy wastage. The industrial end-users can save on lighting expenses and conserve energy by using solid-state and other energy-efficient lighting systems such as LEP.

Europe to hold the largest share of plasma lighting market from 2019 to 2024

In terms of market size, Europe is expected to dominate the plasma lighting market during the forecast period and is likely to witness significant growth in the global market during the forecast period. The use of plasma lights for cultivation across the globe, especially, in Europe is leading to the growth of the horticulture segment of the plasma lighting market. The demand for horticulture plasma lighting systems is higher in countries with harsh winters/erratic climatic conditions as these lights enable crops to grow even in the absence of natural light/sunlight.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews have been conducted with key officials in the plasma lighting market.

Following is the breakup of the profiles of primary participants for the report.


  • By Company Type: Tier 1 – 55 %, Tier 2 – 20%, and Tier 3 – 25%

  • By Designation: C-Level Executives – 35%, Directors – 25%, and Others – 40%

  • By Region: North America – 10%, Europe – 20%, APAC – 40%, and RoW – 30%


The report profiles key players in the plasma lighting market and analyzes their market rankings. Players profiled in this report are LUMA Group (US), Ceravision (UK), Hive Lighting (US), Ka Shui Group (China), Green de Corp. (China), Gavita (Netherlands), FusionLux (US), Griffin & Ray (US), Guangzhou Kaiming Industries (China), BIRNS (US), Ningbo Aishi Electric Equipment (China), Solaronix (Switzerland), RFHIC Corporation (South Korea), FERARF (China), Jofam Sàrl (Switzerland), pinkRF (Netherlands), Ampleon (US), Pure Plasma Lighting (US), LHV Energy (Thailand), and Pandora Green (Italy).

Research Coverage

This report segments the plasma lighting market by application, component, wattage, and geography. The report also describes major drivers, restraints, challenges, and opportunities pertaining to this market, as well as includes the value chain and market ranking analysis.

Reasons to Buy This Report

The report will help leaders/new entrants in the plasma lighting market in the following ways:


  • The report segments the plasma lighting market comprehensively and provides the closest market size estimation for all sub segments across regions.

  • The report will help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities pertaining to the plasma lighting market.

  • The report will help stakeholders understand their competitors better and gain insights to improve their position in the plasma lighting market. The competitive landscape section describes the competitor ecosystem.

Plasma Lighting Market by Component (Lightron, Waveguide, and Cavity Resonator), Application (Roadways, Streets, and Tunnels Industrial, and Horticulture), Wattage (300W, 700W, and 1,000W), and Geography - Global Forecast to 2024

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.4 Years Considered
1.5 Currency
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Key Data From Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown of Primaries
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing Market Size By Top-Down Analysis  (Supply Side)
2.3 Market Ranking Estimation
2.4 Market Breakdown and Data Triangulation
2.5 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in Plasma  Lighting Market
4.2 Plasma Lighting Market, By Application
4.3 Europe Plasma Lighting Market, By Country  and Application
4.4 Plasma Lighting Market, By Region

5 Market Overview
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Increasing Infrastructure Development Activities in Emerging Economies
5.1.1.2 Growing Number of Indoor Farms Equipped With Plasma Lighting Across the Globe
5.1.1.3 Increasing Demand for Energy-Efficient and  Long-Lasting Lights
5.1.2 Restraints
5.1.2.1 High Initial Costs of Superior Quality and Energy-Efficient Plasma Lights
5.1.3 Opportunities
5.1.3.1 Replacement of Traditional Lights With Lep Deep Submergence Lights in Marine Applications
5.1.3.2 Legalization of Marijuana Cultivation in North America Resulting in Increased Number of Greenhouses Equipped With Plasma Lighting
5.1.4 Challenges
5.1.4.1 High Costs Involved in the Replacement of Traditional Lights With Plasma Lights
5.2 Value Chain Analysis

6 Plasma Lighting Market, By Application
6.1 Introduction
6.2 Roadways, Streets, and Tunnels
6.2.1 Increasing Demend for Energy Efficient Lighting is Expected to Propel Market in Roadways, Streets, and Tunnels
6.3 Industrial
6.3.1 The Industrial Application Accounted for a Major Share of the Market in 2018
6.4 Sports & Entertainment
6.4.1 By Using Plasma Lighting Solutions, Stadium Operators Can Reach an Efficient Operational Level With Least Energy Usage and Reap the Benefits of Reduced Bills.
6.5 Horticulture
6.5.1 The Demand for Horticulture Plasma Lighting Systems is Higher in Countries With Harsh Weather Conditions
6.6 Others

7 Plasma Lighting Components
7.1 Introduction
7.2 Lightron
7.2.1 Lightron is the Most Important Component of Plasma Lighting System
7.3 Waveguide
7.3.1 Waveguide is Used to Direct Microwaves Towards  Cavity Resonator
7.4 Cavity Resonator
7.4.1 Cavity Resonator Minimizes External Rf Interference
7.5 Bulb Assembly
7.5.1 a Bulb is Rotated at a Constant Speed to Evenly Distribute the Plasma and Light

8 Plasma Lighting Wattage (300w, 700w, 1,000w)
8.1 Introduction
8.2 300w
8.2.1 Well-Lit Roadways are Preferable to Prevent Accidents
8.3 700w
8.3.1 Increasing Concerns for Saving Energy Have Led to  the Establishment of Stringent Regulations
8.4 1,000w
8.4.1 Plasma Lighting Systems Make Stadiums More Energy Efficient and Save Money

9 Plasma Lighting Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.1.1 US is Projected to Lead North America Plasma Lighting Market From 2019 to 2024
9.2.2 Canada
9.2.2.1 Promotion of Energy-Efficient Lights is Fueling Growth of Plasma Lighting Market in Canada
9.2.3 Mexico
9.2.3.1 Generation of Renewable Electric Power and Increased use of Energy-Efficient Lighting is Contributing to Growth of Plasma Lighting Market in Mexico
9.3 Europe
9.3.1 UK
9.3.1.1 Increased Awareness for Energy Conservation is Leading to Growth of Market in UK
9.3.2 Germany
9.3.2.1 Rise in Number of Infrastructure Development Projects is Fueling Growth of Market in Germany
9.3.3 the Netherlands
9.3.3.1 Increased use of Plasma Lights in Horticulture Applications is Contributing to Growth of Market in the Netherlands
9.3.4 France
9.3.4.1 Emphasis on Reducing Energy Consumption is Leading to Growth of Market in France
9.3.5 Italy
9.3.5.1 Increased Focus on Reducing Emissions of Greenhouse Gases is Fueling Growth of Market in Italy
9.3.6 Rest of Europe
9.4 Asia Pacific (APAC)
9.4.1 China
9.4.1.1 Increased Investments in Manufacturing Sector are Leading to Growth of Plasma Lighting Market in China
9.4.2 Japan
9.4.2.1 use of Plasma Lights for Indoor Farming is Contributing to Growth of Market in Japan
9.4.3 South Korea
9.4.3.1 Formulation of Stringent Standards for the Development of Energy-Efficient Lights is Contributing to Growth of Market in South Korea
9.4.4 Rest of Asia Pacific

10 Competitive Landscape
10.1 Overview
10.2 Market Ranking Analysis: Plasma Lighting Market
10.3 Competitive Leadership Mapping
10.3.1 Visionary Leaders
10.3.2 Innovators
10.3.3 Dynamic Differentiators
10.3.4 Emerging Companies
10.4 Competitive Situations and Trends
10.4.1 Product Launches
10.4.2 Expansions

11 Company Profiles
11.1 Introduction
11.2 Key Players
11.2.1 Luma Group (Luxim)
11.2.1.1 Business Overview
11.2.1.2 Products Offered
11.2.1.3 SWOT Analysis
11.2.1.4 MnM View
11.2.2 Ceravision
11.2.2.1 Business Overview
11.2.2.2 Products Offered
11.2.2.3 Recent Developments
11.2.2.4 SWOT Analysis
11.2.2.5 MnM View
11.2.3 Hive Lighting
11.2.3.1 Business Overview
11.2.3.2 Products Offered
11.2.3.3 SWOT Analysis
11.2.3.4 MnM View
11.2.4 Ka Shui International Holdings
11.2.4.1 Business Overview
11.2.4.2 Products Offered
11.2.4.3 Recent Development
11.2.4.4 SWOT Analysis
11.2.4.5 MnM View
11.2.5 Green De Corp
11.2.5.1 Business Overview
11.2.5.2 Products Offered
11.2.5.3 MnM View
11.2.6 Gavita
11.2.6.1 Business Overview
11.2.6.2 Products and Services Offered
11.2.6.3 MnM View
11.2.7 FusionLux
11.2.7.1 Business Overview
11.2.7.2 Products Offered
11.2.7.3 MnM View
11.2.8 Griffin & Ray
11.2.8.1 Business Overview
11.2.8.2 Products Offered
11.2.8.3 MnM View
11.2.9 Guangzhou Kaiming Industries
11.2.9.1 Business Overview
11.2.9.2 Products Offered
11.2.9.3 MnM View
11.2.10 BIRNS
11.2.10.1 Business Overview
11.2.10.2 Products Offered
11.2.10.3 MnM View
11.3 Other Ecosystem Players
11.3.1 Ningbo Aishi Electric Equipment
11.3.2 Solaronix
11.3.3 Rfhic Corporation
11.3.4 Ferarf
11.3.5 Jofam Sàrl
11.4 Start Up Ecosystem Players
11.4.1 Pinkrf
11.4.2 Ampleon
11.4.3 Pure Plasma Lighting
11.4.4 Lhv Energy
11.4.5 Pandora Green

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets’  Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details

List of Tables

Table 1 Market Size, By Application, 2016–2024 (USD Million)
Table 2 Market, By Region, 2016–2024 (USD Million)
Table 3 North America Market, By Country, 2016–2024 (USD Million)
Table 4 North America Market, By Application,  2016–2024 (USD Million)
Table 5 North America Market in Roadways, Streets, and Tunnels,  By Country, 2016–2024 (USD Million)
Table 6 North America Market in Industrial, By Country,  2016–2024 (USD Million)
Table 7 North America Market in Horticulture, By Country,  2016–2024 (USD Million)
Table 8 North America Market in Sports & Entertainment,  By Country, 2016–2024 (USD Million)
Table 9 US Market, By Application, 2016–2024 (USD Million)
Table 10 Canada Market, By Application, 2016–2024 (USD Million)
Table 11 Mexico Market, By Application, 2016–2024 (USD Million)
Table 12 Europe Market, By Country, 2016–2024 (USD Million)
Table 13 Europe Market, By Application, 2016–2024 (USD Million)
Table 14 Europe Market in Roadways, Streets, and Tunnels,  By Country, 2016–2024 (USD Million)
Table 15 Europe Market in Industrial, By Country,  2016–2024 (USD Million)
Table 16 Europe Market in Horticulture, By Country,  2016–2024 (USD Million)
Table 17 Europe Market in Sports & Entertainment, By Country,  2016–2024 (USD Million)
Table 18 UK Market, By Application, 2016–2024 (USD Million)
Table 19 Germany Market, By Application, 2016–2024 (USD Million)
Table 20 Netherlands Market, By Application,  2016–2024 (USD Million)
Table 21 France Market, By Application, 2016–2024 (USD Million)
Table 22 Italy Market, By Application, 2016–2024 (USD Million)
Table 23 Rest of Europe Market, By Application,  2016–2024 (USD Million)
Table 24 Asia Pacific Market, By Country, 2016–2024 (USD Million)
Table 25 Asia Pacific Market, By Application, 2016–2024 (USD Million)
Table 26 Asia Pacific Market in Roadways, Streets, and Tunnels,  By Country, 2016–2024 (USD Million)
Table 27 Asia Pacific Market in Industrial, By Country,  2016–2024 (USD Million)
Table 28 Asia Pacific Market in Horticulture, By Country,  2016–2024 (USD Million)
Table 29 Asia Pacific Market in Sports & Entertainment, By Country, 2016–2024 (USD Million)
Table 30 China Market, By Application, 2016–2024 (USD Million)
Table 31 Japan Market, By Application, 2016–2024 (USD Million)
Table 32 South Korea Market, By Application, 2016–2024 (USD Million)
Table 33 Rest of Asia Pacific Market, By Application,  2016–2024 (USD Million)
Table 34 Product Launches (2016–2019)
Table 35 Expansions (2016–2018)

List of Figures

Figure 1 Market: Research Design
Figure 2 Process Flow
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown and Data Triangulation
Figure 6 Assumptions for Research Study
Figure 7 Market, 2016–2024 (USD Million)
Figure 8 Industrial Segment is Projected to Lead Market From 2019 to 2024
Figure 9 Europe to Hold Largest Share of Assistive Robotics Market By 2018
Figure 10 Increasing Adoption of Plasma Lighting in Europe is Driving Growth of Market
Figure 11 Industrial Segment to Lead Market From  2019 to 2024
Figure 12 Germany and Industrial Segment are Projected to Lead Europe Market in 2024
Figure 13 Asia Pacific Market is Projected to Grow at the Highest CAGR From 2019 to 2024
Figure 14 Market: Drivers, Restraints, Opportunities,  and Challenges
Figure 15 Market, By Application, 2016–2024 (USD Million)
Figure 16 Europe is Projected to Lead Market From  2019 to 2024
Figure 17 North America Market Snapshot
Figure 18 Asia Pacific Market Snapshot
Figure 19 Ranking of Key Players in Market (2018)
Figure 20 Market (Global) Competitive Leadership  Mapping, 2018
Figure 21 Ka Shui International Holdings: Company Snapshot

  • Global Single Mode Lasers Market Insights and Forecast to 2029
    Published: 11-Jan-2024        Price: US 3350 Onwards        Pages: 136
    The global market for Single Mode Lasers was estimated at US$ 975.12 million in the year 2022, is projected to reach a revised size of US$ 1,709.77 million by 2029, growing at a CAGR of 8.69 % during the forecast period 2023-2029. North American market for Single Mode Lasers was valued at $ 165.28 million in 2022 and will reach $ 271.51 million by 2029, at a CAGR of 7.50 % during the forecast period of 2023 through 2029. Asia-Pacific market for Single Mode Lasers was valued at $ 59......
  • Global RF Power Supply for Semiconductor Market Report, History and Forecast 2018-2029
    Published: 11-Jan-2024        Price: US 4850 Onwards        Pages: 193
    The global market for RF Power Supply for Semiconductor was estimated at US$ 1012 million in the year 2022, is projected to reach a revised size of US$ 1323 million by 2029, growing at a CAGR of 6.16% during the forecast period 2023-2029. North American market for RF Power Supply for Semiconductor was valued at $ 220 million in 2022 and will reach $ 282 million by 2029, at a CAGR of 5.85% during the forecast period of 2023 through 2029. Asia-Pacific market for RF Power Supply for S......
  • Global Non-Contact Dynamic Torque Sensor Market Report, History and Forecast 2018-2029
    Published: 11-Jan-2024        Price: US 3350 Onwards        Pages: 198
    The global market for Non-Contact Dynamic Torque Sensor was estimated at US$ 58.31 million in the year 2022, is projected to reach a revised size of US$ 96.9 million by 2029, growing at a CAGR of 7.81% during the forecast period 2023-2029. North American market for Non-Contact Dynamic Torque Sensor was valued at $ 23.56 million in 2022 and will reach $ 37.86 million by 2029, at a CAGR of 7.27% during the forecast period of 2023 through 2029. Asia-Pacific market for Non-Contact Dyna......
  • Global Bitcoin Miner Market Research Report 2023
    Published: 11-Jan-2024        Price: US 2900 Onwards        Pages: 144
    The global Bitcoin Miner market was valued at US$ 11,546.70 million in 2022 and is expected to reach US$ 23,842.76 million by the end of 2029, growing at a CAGR of 26.7% between 2023 and 2029. The demand for Bitcoin Miner depends on various factors such as the current Bitcoin price, mining difficulty, and availability of newer and more efficient ASIC miners. When Bitcoin prices rise, there is usually an increase in demand for mining hardware as miners seek to increase their profits......
  • Global Brushless AC Motor Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 103
    The global Brushless AC Motor market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during The forecast period 2024-2030. North American market for Brushless AC Motor is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during The forecast period of 2024 through 2030. Asia-Pacific market for Brushless AC Motor is estimated to increase from $ million in 2023 to reach $ million by 2......
  • Global High Intensity Discharge (HID) Lamps Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 116
    The global High Intensity Discharge (HID) Lamps market was valued at US$ 6405.5 million in 2023 and is anticipated to reach US$ 7607.6 million by 2030, witnessing a CAGR of 2.5% during The forecast period 2024-2030. North American market for High Intensity Discharge (HID) Lamps is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during The forecast period of 2024 through 2030. Asia-Pacific market for High Intensity Discharge (HID) Lamps ......
  • Global Indoor Plant Lighting Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 114
    The global Indoor Plant Lighting market was valued at US$ 806 million in 2023 and is anticipated to reach US$ 1137.9 million by 2030, witnessing a CAGR of 4.9% during The forecast period 2024-2030. Indoor plant lighting refers to The use of artificial light sources to provide The necessary light spectrum for The growth of plants indoors, especially in environments where natural sunlight is limited. This is commonly used for growing plants like houseplants, herbs, and even some veget......
  • Global Aquarium Lights Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 131
    The global Aquarium Lights market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during The forecast period 2024-2030. North American market for Aquarium Lights is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during The forecast period of 2024 through 2030. Asia-Pacific market for Aquarium Lights is estimated to increase from $ million in 2023 to reach $ million by 2030, at a......
  • Global LED Aquarium Lighting Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 128
    Aquarium light is also called water plants grow light, which is a new emerging light tool instead of sunshine in The last 5 years. According to The law of water plant growth, aquarium light can meet The light needs of many water plants. What's more, this lighting tool can provide The best lighting solution for aquarium, fish view. The global LED Aquarium Lighting market was valued at US$ 200 million in 2023 and is anticipated to reach US$ 283.4 million by 2030, witnessing a CAGR of ......
    • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs