Argentina Lighting Product Market Size, Share, Growth 2019 Argentina Lighting Product Market 2019

Argentina Lighting Product Market Size, Share, Growth and
Analysis Report 2019: Radiant Insights, Inc
Lighting products include a range of lamps, fittings, and signs. They also consist of non-electrical fittings
and smaller components of the main products. Lamps comprise filament lamps, fluorescent lamps (hot
cathode), and mercury and sodium vapor lamps.
Filament lamps may be the tungsten halogen type, or with power within 200W and voltage more than
100V. Filament lamps other than the aforementioned types also exist. Arc-lamps, infra-red and ultraviolet lamps, and sealed beam lamp units also constitute a considerable part of the market.
Lamps could be placed on the desk, floor and at the bedside. They could be portable battery and magnetoelectric. Fittings are split into non-electrical as well as electric. These may be for ceiling as well as wall
purposes. Applications of lighting products are categorized as automotive lighting, general lighting and
back lighting. General lighting is the largest application segment.
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Rapid growth in the South American economy including Argentina is leading to expansions in
infrastructure. This will fuel demand for lighting products till 2019. Argentina has in place a compliance
system for electrical products after a resolution that was passed in October 2015. According to this, UL de
Argentina S.R.L. has the authorization to certify various types of electrical products including lighting
products.
UL is an independent entity specializing in assessment of product safety. It certifies products based on
IEC (International Electrotechnical Commission) or IRAM (Instituto Argentino de Normalizacion y
Certificacion) standards. Market players need to adhere to the norms specified by these authorities.
LED (light-emitting diode) technology is rapidly transforming the lighting product market. LED lighting
solutions conserve energy, reduce operational costs and enhance aesthetic appeal. China is an important
exporter of lighting products to Argentina. In the first 6 months of 2015, Argentine imports of Chinese
lighting products rose by almost 42%. This included light bulbs, luminaires, drivers and other
components. The share of electric ballasts for LED tubes also skyrocketed. Top three types of products
imported are stage light, LED downlight and ceiling light.
Notable players in the lighting product market in Argentina are RF Electronics Argentina S.A., Starnova
IlluminaciOn, Probattery Argentina, Darko Light & Architecture, and CMH Electronica. Verbatim
Argentina S.A. entered the Argentinean lighting product market in 2011. It is focused on superior quality,
energy efficient LED lights. Other players in the LED category are DRE Inc., Silvermere Lighting, and
Solar Electric Power Company.