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.
Scope of the Report:
This report focuses on the Digital Ballast in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The prospects for growth in the global digital ballast market will be driven by the advent of digital ballasts with adjustable voltages and light dimming capabilities. The light output of these ballasts can be adjusted to 50%, 75%, or 100% depending on the growth stage of the plants. The low-light output can be used during the initial stages of plant growth, and the output can be increased as the plants grow. The ability of these devices to save energy, especially when compared to electrical ballasts, will result in its augmented adoption during the forecast period.
An important factor that impels the prospects for growth in this market is the rising demand for digital ballasts from plant factories. Plant factory, or vertical farming, involves a closed environment in which plants are grown under lights in stacked shelves. In the plant factories, grow lights are used to initiate the process of photosynthesis. Thus, with the increasing demand for food, more regions are expected to set up plant factories. This increase in the establishment of plant factories will result in the high demand for digital ballasts during the forecast period.
The global digital ballast market is competitive and consists of well-diversified global and regional vendors. However, as global players are increasing their footprint in the market, regional vendors are finding it increasingly difficult to compete with them in terms of quality, technology, and pricing.
The worldwide market for Digital Ballast is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Soils Tek
Apollo Horticulture
Galaxy
Quantum
Gavita
Nanolux
Phantom Digital
TECHONE
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
In small room
In large room
Market Segment by Applications, can be divided into
Agriculture
There are 15 Chapters to deeply display the global Digital Ballast market.
Chapter 1, to describe Digital Ballast Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Digital Ballast, with sales, revenue, and price of Digital Ballast, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Digital Ballast, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Digital Ballast market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Digital Ballast sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Market Overview
1.1 Digital Ballast Introduction
1.2 Market Analysis by Type
1.2.1 In small room
1.2.2 In large room
1.3 Market Analysis by Applications
1.3.1 Agriculture
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2013-2023)
1.4.1.2 Canada Market States and Outlook (2013-2023)
1.4.1.3 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2013-2023)
1.4.2.2 France Market States and Outlook (2013-2023)
1.4.2.3 UK Market States and Outlook (2013-2023)
1.4.2.4 Russia Market States and Outlook (2013-2023)
1.4.2.5 Italy Market States and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2013-2023)
1.4.3.2 Japan Market States and Outlook (2013-2023)
1.4.3.3 Korea Market States and Outlook (2013-2023)
1.4.3.4 India Market States and Outlook (2013-2023)
1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2013-2023)
1.4.4.2 Egypt Market States and Outlook (2013-2023)
1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)
1.4.4.4 South Africa Market States and Outlook (2013-2023)
1.4.4.5 Nigeria Market States and Outlook (2013-2023)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 Soils Tek
2.1.1 Business Overview
2.1.2 Digital Ballast Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Soils Tek Digital Ballast Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2 Apollo Horticulture
2.2.1 Business Overview
2.2.2 Digital Ballast Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Apollo Horticulture Digital Ballast Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3 Galaxy
2.3.1 Business Overview
2.3.2 Digital Ballast Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Galaxy Digital Ballast Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.4 Quantum
2.4.1 Business Overview
2.4.2 Digital Ballast Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Quantum Digital Ballast Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.5 Gavita
2.5.1 Business Overview
2.5.2 Digital Ballast Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Gavita Digital Ballast Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.6 Nanolux
2.6.1 Business Overview
2.6.2 Digital Ballast Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Nanolux Digital Ballast Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.7 Phantom Digital
2.7.1 Business Overview
2.7.2 Digital Ballast Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Phantom Digital Digital Ballast Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.8 TECHONE
2.8.1 Business Overview
2.8.2 Digital Ballast Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 TECHONE Digital Ballast Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global Digital Ballast Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
3.1 Global Digital Ballast Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Digital Ballast Revenue and Market Share by Manufacturer (2016-2017)
3.3 Market Concentration Rate
3.3.1 Top 3 Digital Ballast Manufacturer Market Share in 2017
3.3.2 Top 6 Digital Ballast Manufacturer Market Share in 2017
3.4 Market Competition Trend
4 Global Digital Ballast Market Analysis by Regions
4.1 Global Digital Ballast Sales, Revenue and Market Share by Regions
4.1.1 Global Digital Ballast Sales and Market Share by Regions (2013-2018)
4.1.2 Global Digital Ballast Revenue and Market Share by Regions (2013-2018)
4.2 North America Digital Ballast Sales and Growth Rate (2013-2018)
4.3 Europe Digital Ballast Sales and Growth Rate (2013-2018)
4.4 Asia-Pacific Digital Ballast Sales and Growth Rate (2013-2018)
4.5 South America Digital Ballast Sales and Growth Rate (2013-2018)
4.6 Middle East and Africa Digital Ballast Sales and Growth Rate (2013-2018)
5 North America Digital Ballast by Countries
5.1 North America Digital Ballast Sales, Revenue and Market Share by Countries
5.1.1 North America Digital Ballast Sales and Market Share by Countries (2013-2018)
5.1.2 North America Digital Ballast Revenue and Market Share by Countries (2013-2018)
5.2 United States Digital Ballast Sales and Growth Rate (2013-2018)
5.3 Canada Digital Ballast Sales and Growth Rate (2013-2018)
5.4 Mexico Digital Ballast Sales and Growth Rate (2013-2018)
6 Europe Digital Ballast by Countries
6.1 Europe Digital Ballast Sales, Revenue and Market Share by Countries
6.1.1 Europe Digital Ballast Sales and Market Share by Countries (2013-2018)
6.1.2 Europe Digital Ballast Revenue and Market Share by Countries (2013-2018)
6.2 Germany Digital Ballast Sales and Growth Rate (2013-2018)
6.3 UK Digital Ballast Sales and Growth Rate (2013-2018)
6.4 France Digital Ballast Sales and Growth Rate (2013-2018)
6.5 Russia Digital Ballast Sales and Growth Rate (2013-2018)
6.6 Italy Digital Ballast Sales and Growth Rate (2013-2018)
7 Asia-Pacific Digital Ballast by Countries
7.1 Asia-Pacific Digital Ballast Sales, Revenue and Market Share by Countries
7.1.1 Asia-Pacific Digital Ballast Sales and Market Share by Countries (2013-2018)
7.1.2 Asia-Pacific Digital Ballast Revenue and Market Share by Countries (2013-2018)
7.2 China Digital Ballast Sales and Growth Rate (2013-2018)
7.3 Japan Digital Ballast Sales and Growth Rate (2013-2018)
7.4 Korea Digital Ballast Sales and Growth Rate (2013-2018)
7.5 India Digital Ballast Sales and Growth Rate (2013-2018)
7.6 Southeast Asia Digital Ballast Sales and Growth Rate (2013-2018)
8 South America Digital Ballast by Countries
8.1 South America Digital Ballast Sales, Revenue and Market Share by Countries
8.1.1 South America Digital Ballast Sales and Market Share by Countries (2013-2018)
8.1.2 South America Digital Ballast Revenue and Market Share by Countries (2013-2018)
8.2 Brazil Digital Ballast Sales and Growth Rate (2013-2018)
8.3 Argentina Digital Ballast Sales and Growth Rate (2013-2018)
8.4 Colombia Digital Ballast Sales and Growth Rate (2013-2018)
9 Middle East and Africa Digital Ballast by Countries
9.1 Middle East and Africa Digital Ballast Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa Digital Ballast Sales and Market Share by Countries (2013-2018)
9.1.2 Middle East and Africa Digital Ballast Revenue and Market Share by Countries (2013-2018)
9.2 Saudi Arabia Digital Ballast Sales and Growth Rate (2013-2018)
9.3 UAE Digital Ballast Sales and Growth Rate (2013-2018)
9.4 Egypt Digital Ballast Sales and Growth Rate (2013-2018)
9.5 Nigeria Digital Ballast Sales and Growth Rate (2013-2018)
9.6 South Africa Digital Ballast Sales and Growth Rate (2013-2018)
10 Global Digital Ballast Market Segment by Type
10.1 Global Digital Ballast Sales, Revenue and Market Share by Type (2013-2018)
10.1.1 Global Digital Ballast Sales and Market Share by Type (2013-2018)
10.1.2 Global Digital Ballast Revenue and Market Share by Type (2013-2018)
10.2 In small room Sales Growth and Price
10.2.1 Global In small room Sales Growth (2013-2018)
10.2.2 Global In small room Price (2013-2018)
10.3 In large room Sales Growth and Price
10.3.1 Global In large room Sales Growth (2013-2018)
10.3.2 Global In large room Price (2013-2018)
11 Global Digital Ballast Market Segment by Application
11.1 Global Digital Ballast Sales Market Share by Application (2013-2018)
11.2 Agriculture Sales Growth (2013-2018)
12 Digital Ballast Market Forecast (2018-2023)
12.1 Global Digital Ballast Sales, Revenue and Growth Rate (2018-2023)
12.2 Digital Ballast Market Forecast by Regions (2018-2023)
12.2.1 North America Digital Ballast Market Forecast (2018-2023)
12.2.2 Europe Digital Ballast Market Forecast (2018-2023)
12.2.3 Asia-Pacific Digital Ballast Market Forecast (2018-2023)
12.2.4 South America Digital Ballast Market Forecast (2018-2023)
12.2.5 Middle East and Africa Digital Ballast Market Forecast (2018-2023)
12.3 Digital Ballast Market Forecast by Type (2018-2023)
12.3.1 Global Digital Ballast Sales Forecast by Type (2018-2023)
12.3.2 Global Digital Ballast Market Share Forecast by Type (2018-2023)
12.4 Digital Ballast Market Forecast by Application (2018-2023)
12.4.1 Global Digital Ballast Sales Forecast by Application (2018-2023)
12.4.2 Global Digital Ballast Market Share Forecast by Application (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.1.3 Marketing Channel Future Trend
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
List of Tables and Figures
Figure Digital Ballast Picture
Table Product Specifications of Digital Ballast
Figure Global Sales Market Share of Digital Ballast by Types in 2017
Table Digit