Global Digital Ballast Market 2016-2020

Category : Machines  | Published Date : Feb-2016 | Pages : 39
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: 
North America

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

Other prominent vendors 
Phantom Digital

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? 

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
PART 02: Scope of the report
Market overview
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Global agriculture: Overview
Agricultural production
Global agricultural land
PART 07: Geographical segmentation
Global digital ballast market by region
Digital ballast market in North America
Digital ballast market in Europe
Digital ballast market in APAC
Digital ballast market in ROW
PART 08: Market drivers
Increased demand for food grain
Growing population and urbanization
Increased demand from plant factories
PART 09: Impact of drivers
PART 10: Market challenges
Availability of alternatives
Increased competition
Need for continuous support and maintenance
PART 11: Impact of drivers and challenges
PART 12: Market trends
Increase in R&D
New features
RF blocking
PART 13: Vendor landscape
Competitive scenario
Market vendor analysis
Apollo Horticulture
Solis Tek
Other prominent vendors
PART 14: Appendix
List of abbreviations
PART 15: Explore Technavio
List of Exhibits
Exhibit 01: Global digital ballast market 2015-2020 ($ billions)
Exhibit 02: Five forces analysis
Exhibit 03: Growth in agricultural production per annum 1997-2030
Exhibit 04: Global agricultural land 2010-2014
Exhibit 05: Global digital ballast market by region 2015
Exhibit 06: Global digital ballast market by region 2020
Exhibit 07: Digital ballast market in North America 2015-2020 ($ millions)
Exhibit 08: Arable land in North America (ha per person)
Exhibit 09: Digital ballast market in Europe 2015-2020 ($ millions)
Exhibit 10: Development of organic agricultural land in Europe 2000-2012 (millions of ha)
Exhibit 11: Government budget appropriations for R&D on agriculture ($ millions)
Exhibit 12: Digital ballast market in APAC 2015-2020 ($ millions)
Exhibit 13: Digital ballast market in ROW 2015-2020 ($ millions)
Exhibit 14: World population 2014-2019 (billions)
Exhibit 15: Urban and rural population of the world 1950-2050 (millions)
Exhibit 16: Impact of drivers
Exhibit 17: Impact of drivers and challenges
Publisher Name : Technavio


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