The United Nations Economic & Social Cooperation for Asia Pacific’s Report released in 2017
stated that Asia Pacific adopted energy-efficient lighting systems in all new commercial and
residential buildings. According to a white paper released by the United Nations Environmental
Program (UNEP) in 2017, the Latin America market for HID ballast is also expected to showcase
growth due to increasing investment to replace tunnel and streetlights with energy efficient
lights. Moreover, according to a press release by the Center for Industrial Studies released in
November 2016, the increasing demand for decorative lighting in Latin America is expected to
aid in growth of the HID ballast market.
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Global HID Ballast Market: Competitive Landscape
The global HID ballast market is highly fragmented and varies among countries and regions. It
involves the participation of a large number of players holding prominent share in respective
local markets. Key players operating in the HID ballast market include, Philips Lighting Holding
B.V., General Electric Company, Fulham Co., Inc., Villa Industrias, S.A. de C.V., Eaton Corporation,
Westinghouse Electric Corporation, Morimoto HID, Satco Products Inc., Howard Industries, Inc.,
Halco Lighting Technologies, Iris Energy Private Limited, and OSRAM Licht AG.
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