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.
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 global Digital Ballast market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Digital Ballast volume and value at global level, regional level and company level. From a global perspective, this report represents overall Digital Ballast market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Digital Ballast in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Digital Ballast manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Soils Tek
Apollo Horticulture
Galaxy
Quantum
Gavita
Nanolux
Phantom Digital
TECHONE
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
In small room
In large room
Segment by Application
Agriculture
Application II
Summary:
Get latest Market Research Reports on Digital Ballast. Industry analysis & Market Report on Digital Ballast is a syndicated market report, published as Global Digital Ballast Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Digital Ballast market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.