Asia Pacific Plasma Lighting Market

Asia Pacific Plasma Lighting Market Size, Share & Trends Analysis Report By Component (Bulb Assembly, Cavity Resonator, Waveguide, and Lightron), By Wattage (300W, 700W, and 1000W), By Application, By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-25493 Publication Date: November-2024 Number of Pages: 97
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Analysis of Market Size & Trends

The Asia Pacific Plasma Lighting Market would witness market growth of 5.7% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Plasma Lighting Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $73,962.1 Thousands by 2031. The Japan market is registering a CAGR of 5.1% during (2024 - 2031). Additionally, The India market would witness a CAGR of 6.4% during (2024 - 2031).

Asia Pacific Plasma Lighting Market

Plasma lighting’s ability to produce a full-spectrum light that resembles natural sunlight makes it highly valuable in industries requiring clear and accurate illumination. In horticulture, plasma lighting supports robust plant growth by providing the ideal light spectrum necessary for photosynthesis, making it beneficial for indoor farms and greenhouses. Countries like Japan utilize plasma lighting in urban farms to grow crops efficiently and sustainably, maximizing limited agricultural space.

In healthcare, the presence of minimal UV and IR emissions fosters a comfortable environment for patients and healthcare professionals, which is also a benefit of this natural light quality. Hospitals and clinics in Europe have found plasma lighting beneficial for reducing eye strain and skin irritation while enhancing visibility in critical areas such as surgical units, ultimately supporting patient care and staff well-being.

Australia is seeing increased adoption of plasma lighting within horticulture as the agriculture sector shifts toward indoor and controlled-environment farming to overcome climate challenges and boost year-round production. Plasma lighting’s spectrum, similar to natural sunlight, supports optimal plant growth and is thus becoming popular for greenhouses and vertical farming. The Australian government has provided support through initiatives like the National Innovation and Science Agenda, promoting research and development in sustainable agriculture technologies.

Additionally, grants for energy-efficient lighting in agricultural facilities further encourage the shift to plasma lighting, especially in regions affected by water scarcity and temperature fluctuations, where indoor farming solutions are critical. Therefore, as Asia-Pacific economies expand, plasma lighting’s specialized applications and support from green technology policies are expected to drive further market growth across the region.

Free Valuable Insights: The Global Plasma Lighting Market is Predict to reach USD 618.4 Million by 2031, at a CAGR of 5.4%

Based on Component, the market is segmented into Bulb Assembly, Cavity Resonator, Waveguide, and Lightron. Based on Wattage, the market is segmented into 300W, 700W, and 1000W. Based on Application, the market is segmented into Highways, Street Lighting, & Tunnels, Industrial, Sports & Entertainment, Horticulture, and Other Application. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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List of Key Companies Profiled

  • Gavita International B.V.
  • BIRNS, Inc.
  • Hive Lighting, Inc.
  • Pure Plasma Lighting Inc.
  • LG Electronics, Inc. (LG Corporation)
  • Green de Corp.
  • Solaronix SA
  • Light Emitting Designs
  • Stray Light Optical Technologies

Asia Pacific Plasma Lighting Market Report Segmentation

By Component

  • Bulb Assembly
  • Cavity Resonator
  • Waveguide
  • Lightron

By Wattage

  • 300W
  • 700W
  • 1000W

By Application

  • Highways, Street Lighting, & Tunnels
  • Industrial
  • Sports & Entertainment
  • Horticulture
  • Other Application

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
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