ballast

The electronic ballast market is dynamic, consisting of six different technologies and spanning a wide range of applications. While some of the technologies may share the same or similar applications, each technology stands on its own, with its own unique market drivers, trends and characteristics. Cold Cathode Fluorescent Lamps (CCFLs), Compact Fluorescent Lamps (CFLs), High-Intensity Discharge (HID) lamps, Linear Fluorescent, Light Emitting Diodes (LEDs) and Halogens all compete complement one another within the $10 billion electronic ballast market. Unit sales for ballasts will grow at an average annual rate of 12.1％ from 2005 to 2010. Driving the growth within the industry are government regulations, advancements in technology, lower prices, increased consumer demand, as well as a number of other factors. Each technology has a different focal point leading the technology forward, as each technological segment is forecasted to experience both unit and revenue growth over the next five years. Although some segments could be threatened by the advancements of new technologies, LEDs specifically, each segment within the electronic ballast industry will remain strong over the period of the forecasts.