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North America 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

Published Date : 08-Nov-2024

Pages: 83

Formats: PDF

The North America Plasma Lighting Market would witness market growth of 4.7% CAGR during the forecast period (2024-2031).

The US market dominated the North America Plasma Lighting Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $117,651.3 Thousands by 2031. The Canada market is exhibiting a CAGR of 6.8% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 6% during (2024 - 2031).

North America Plasma Lighting Market

Plasma lighting is an advanced lighting technology that produces light using radio frequency or microwave energy to generate plasma, a state of matter in which gas becomes ionized and emits light. Unlike traditional lighting sources, plasma lights do not rely on electrodes or filaments to produce illumination. Instead, the gas within a sealed bulb is energized through electromagnetic waves, which excite the gas particles to create a bright, high-quality light. This lighting technology is known for its high efficiency and long lifespan.

Plasma lighting systems typically consume less electricity than conventional lighting types like incandescent, fluorescent, or even some LED lights while still producing a powerful, bright light output. Plasma lights offer a full spectrum of light, closely resembling natural sunlight. They are suitable for various applications where high color accuracy and brightness are essential, such as horticulture, industrial lighting, street lighting, and certain specialized environments like film studios and art galleries.

Mexico sees increased plasma lighting demand in highways, street lighting, and tunnels. The Mexican government has actively invested in modernizing the country’s infrastructure, focusing on energy-efficient and reliable lighting for public spaces. Plasma lighting, with its high-intensity output and longevity, has been recognized as a valuable solution for enhancing visibility and safety on highways and in tunnels. Government-backed infrastructure projects, such as the National Infrastructure Program, have bolstered interest in plasma lighting as municipalities aim to reduce maintenance costs while improving public safety across the nation’s expanding road network. Hence, this regional landscape highlights a promising future for plasma lighting, with potential for expansion as awareness and technology improvements continue to evolve.

Free Valuable Insights: The 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 U.S., Mexico, Canada, and Rest of North America.

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

North America 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

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Plasma Lighting Market, by Component
1.4.2 North America Plasma Lighting Market, by Wattage
1.4.3 North America Plasma Lighting Market, by Application
1.4.4 North America Plasma Lighting Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Plasma Lighting Market by Component
4.1 North America Bulb Assembly Market by Country
4.2 North America Cavity Resonator Market by Country
4.3 North America Waveguide Market by Country
4.4 North America Lightron Market by Country

Chapter 5. North America Plasma Lighting Market by Wattage
5.1 North America 300W Market by Country
5.2 North America 700W Market by Country
5.3 North America 1000W Market by Country

Chapter 6. North America Plasma Lighting Market by Application
6.1 North America Highways, Street Lighting, & Tunnels Market by Country
6.2 North America Industrial Market by Country
6.3 North America Sports & Entertainment Market by Country
6.4 North America Horticulture Market by Country
6.5 North America Other Application Market by Country

Chapter 7. North America Plasma Lighting Market by Country
7.1 US Plasma Lighting Market
7.1.1 US Plasma Lighting Market by Component
7.1.2 US Plasma Lighting Market by Wattage
7.1.3 US Plasma Lighting Market by Application
7.2 Canada Plasma Lighting Market
7.2.1 Canada Plasma Lighting Market by Component
7.2.2 Canada Plasma Lighting Market by Wattage
7.2.3 Canada Plasma Lighting Market by Application
7.3 Mexico Plasma Lighting Market
7.3.1 Mexico Plasma Lighting Market by Component
7.3.2 Mexico Plasma Lighting Market by Wattage
7.3.3 Mexico Plasma Lighting Market by Application
7.4 Rest of North America Plasma Lighting Market
7.4.1 Rest of North America Plasma Lighting Market by Component
7.4.2 Rest of North America Plasma Lighting Market by Wattage
7.4.3 Rest of North America Plasma Lighting Market by Application

Chapter 8. Company Profiles
8.1 Gavita International B.V.
8.1.1 Company Overview
8.2 BIRNS, Inc.
8.2.1 Company Overview
8.3 Hive Lighting, Inc.
8.3.1 Company Overview
8.4 Pure Plasma Lighting Inc.
8.4.1 Company Overview
8.5 LG Electronics, Inc. (LG Corporation)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 Green de Corp.
8.6.1 Company Overview
8.7 Solaronix SA
8.7.1 Company Overview
8.8 Light Emitting Designs
8.8.1 Company Overview
8.9 Stray Light Optical Technologies
8.9.1 Company Overview
TABLE 1 North America Plasma Lighting Market, 2020 - 2023, USD Thousands
TABLE 2 North America Plasma Lighting Market, 2024 - 2031, USD Thousands
TABLE 3 North America Plasma Lighting Market by Component, 2020 - 2023, USD Thousands
TABLE 4 North America Plasma Lighting Market by Component, 2024 - 2031, USD Thousands
TABLE 5 North America Bulb Assembly Market by Country, 2020 - 2023, USD Thousands
TABLE 6 North America Bulb Assembly Market by Country, 2024 - 2031, USD Thousands
TABLE 7 North America Cavity Resonator Market by Country, 2020 - 2023, USD Thousands
TABLE 8 North America Cavity Resonator Market by Country, 2024 - 2031, USD Thousands
TABLE 9 North America Waveguide Market by Country, 2020 - 2023, USD Thousands
TABLE 10 North America Waveguide Market by Country, 2024 - 2031, USD Thousands
TABLE 11 North America Lightron Market by Country, 2020 - 2023, USD Thousands
TABLE 12 North America Lightron Market by Country, 2024 - 2031, USD Thousands
TABLE 13 North America Plasma Lighting Market by Wattage, 2020 - 2023, USD Thousands
TABLE 14 North America Plasma Lighting Market by Wattage, 2024 - 2031, USD Thousands
TABLE 15 North America 300W Market by Country, 2020 - 2023, USD Thousands
TABLE 16 North America 300W Market by Country, 2024 - 2031, USD Thousands
TABLE 17 North America 700W Market by Country, 2020 - 2023, USD Thousands
TABLE 18 North America 700W Market by Country, 2024 - 2031, USD Thousands
TABLE 19 North America 1000W Market by Country, 2020 - 2023, USD Thousands
TABLE 20 North America 1000W Market by Country, 2024 - 2031, USD Thousands
TABLE 21 North America Plasma Lighting Market by Application, 2020 - 2023, USD Thousands
TABLE 22 North America Plasma Lighting Market by Application, 2024 - 2031, USD Thousands
TABLE 23 North America Highways, Street Lighting, & Tunnels Market by Country, 2020 - 2023, USD Thousands
TABLE 24 North America Highways, Street Lighting, & Tunnels Market by Country, 2024 - 2031, USD Thousands
TABLE 25 North America Industrial Market by Country, 2020 - 2023, USD Thousands
TABLE 26 North America Industrial Market by Country, 2024 - 2031, USD Thousands
TABLE 27 North America Sports & Entertainment Market by Country, 2020 - 2023, USD Thousands
TABLE 28 North America Sports & Entertainment Market by Country, 2024 - 2031, USD Thousands
TABLE 29 North America Horticulture Market by Country, 2020 - 2023, USD Thousands
TABLE 30 North America Horticulture Market by Country, 2024 - 2031, USD Thousands
TABLE 31 North America Other Application Market by Country, 2020 - 2023, USD Thousands
TABLE 32 North America Other Application Market by Country, 2024 - 2031, USD Thousands
TABLE 33 North America Plasma Lighting Market by Country, 2020 - 2023, USD Thousands
TABLE 34 North America Plasma Lighting Market by Country, 2024 - 2031, USD Thousands
TABLE 35 US Plasma Lighting Market, 2020 - 2023, USD Thousands
TABLE 36 US Plasma Lighting Market, 2024 - 2031, USD Thousands
TABLE 37 US Plasma Lighting Market by Component, 2020 - 2023, USD Thousands
TABLE 38 US Plasma Lighting Market by Component, 2024 - 2031, USD Thousands
TABLE 39 US Plasma Lighting Market by Wattage, 2020 - 2023, USD Thousands
TABLE 40 US Plasma Lighting Market by Wattage, 2024 - 2031, USD Thousands
TABLE 41 US Plasma Lighting Market by Application, 2020 - 2023, USD Thousands
TABLE 42 US Plasma Lighting Market by Application, 2024 - 2031, USD Thousands
TABLE 43 Canada Plasma Lighting Market, 2020 - 2023, USD Thousands
TABLE 44 Canada Plasma Lighting Market, 2024 - 2031, USD Thousands
TABLE 45 Canada Plasma Lighting Market by Component, 2020 - 2023, USD Thousands
TABLE 46 Canada Plasma Lighting Market by Component, 2024 - 2031, USD Thousands
TABLE 47 Canada Plasma Lighting Market by Wattage, 2020 - 2023, USD Thousands
TABLE 48 Canada Plasma Lighting Market by Wattage, 2024 - 2031, USD Thousands
TABLE 49 Canada Plasma Lighting Market by Application, 2020 - 2023, USD Thousands
TABLE 50 Canada Plasma Lighting Market by Application, 2024 - 2031, USD Thousands
TABLE 51 Mexico Plasma Lighting Market, 2020 - 2023, USD Thousands
TABLE 52 Mexico Plasma Lighting Market, 2024 - 2031, USD Thousands
TABLE 53 Mexico Plasma Lighting Market by Component, 2020 - 2023, USD Thousands
TABLE 54 Mexico Plasma Lighting Market by Component, 2024 - 2031, USD Thousands
TABLE 55 Mexico Plasma Lighting Market by Wattage, 2020 - 2023, USD Thousands
TABLE 56 Mexico Plasma Lighting Market by Wattage, 2024 - 2031, USD Thousands
TABLE 57 Mexico Plasma Lighting Market by Application, 2020 - 2023, USD Thousands
TABLE 58 Mexico Plasma Lighting Market by Application, 2024 - 2031, USD Thousands
TABLE 59 Rest of North America Plasma Lighting Market, 2020 - 2023, USD Thousands
TABLE 60 Rest of North America Plasma Lighting Market, 2024 - 2031, USD Thousands
TABLE 61 Rest of North America Plasma Lighting Market by Component, 2020 - 2023, USD Thousands
TABLE 62 Rest of North America Plasma Lighting Market by Component, 2024 - 2031, USD Thousands
TABLE 63 Rest of North America Plasma Lighting Market by Wattage, 2020 - 2023, USD Thousands
TABLE 64 Rest of North America Plasma Lighting Market by Wattage, 2024 - 2031, USD Thousands
TABLE 65 Rest of North America Plasma Lighting Market by Application, 2020 - 2023, USD Thousands
TABLE 66 Rest of North America Plasma Lighting Market by Application, 2024 - 2031, USD Thousands
TABLE 67 Key Information – Gavita International B.V.
TABLE 68 Key Information – BIRNS, Inc.
TABLE 69 Key Information – Hive Lighting, Inc.
TABLE 70 Key Information – Pure Plasma Lighting Inc.
TABLE 71 Key Information – LG Electronics, Inc.
TABLE 72 Key Information – Green de Corp.
TABLE 73 Key Information – Solaronix SA
TABLE 74 Key Information – Light Emitting Designs
TABLE 75 Key Information – Stray Light Optical Technologies

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Plasma Lighting Market, 2020 - 2031, USD Thousands
FIG 3 Key Factors Impacting Plasma Lighting Market
FIG 4 Porter’s Five Forces Analysis – Plasma Lighting Market
FIG 5 North America Plasma Lighting Market share by Component, 2023
FIG 6 North America Plasma Lighting Market share by Component, 2031
FIG 7 North America Plasma Lighting Market by Component, 2020 - 2031, USD Thousands
FIG 8 North America Plasma Lighting Market share by Wattage, 2023
FIG 9 North America Plasma Lighting Market share by Wattage, 2031
FIG 10 North America Plasma Lighting Market by Wattage, 2020 - 2031, USD Thousands
FIG 11 North America Plasma Lighting Market share by Application, 2023
FIG 12 North America Plasma Lighting Market share by Application, 2031
FIG 13 North America Plasma Lighting Market by Application, 2020 - 2031, USD Thousands
FIG 14 North America Plasma Lighting Market share by Country, 2023
FIG 15 North America Plasma Lighting Market share by Country, 2031
FIG 16 North America Plasma Lighting Market by Country, 2020 - 2031, USD Thousands
FIG 17 SWOT Analysis: LG Electronics, Inc.

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