Global Digital Ballast Market 2016-2020

About Digital Ballast

Conventional farming methods are influenced by several factors, including weather, sunlight, temperature, and rainfall. Hence, it is difficult to guarantee a stable food supply through conventional farming. The yield in this model can be affected by natural disasters or the increasing shortage of cultivable land. Under these circumstances, vegetable factories that grow vegetables indoors without soil are becoming a global necessity. Vegetable factories control light, temperature, humidity, and nutrients with the help of computers and, occasionally, robots.
A bulb, a ballast, and a reflector constitute the light system necessary for an indoor gardening system. The ballast converts the energy required to power the lamp, carrying out the functions of an engine. Digital ballasts are used in high-intensity discharge (HID) lighting lamps such as high-pressure sodium (HPS) and metal halide (MH) systems.

Technavios analysts forecast the global digital ballast market to grow at a CAGR of 11.7% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global digital ballast market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of digital ballasts.

The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW

Technavios report, Global Digital Ballast 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.

Key vendors
Soils Tek
Apollo Horticulture
Galaxy
Quantum

Other prominent vendors
Gavita
Nanolux
Phantom Digital
TECHONE

Market driver
Growing population and urbanization
For a full, detailed list, view our report

Market challenge
Need for continuous support and maintenance
For a full, detailed list, view our report

Market trend
Increase in R&D
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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