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High Intensity Discharge (HID) Bulbs - Global Strategic Business Report 2015

Global sales of HID lamps are declining as a result of the competitive threat of substitution posed by the LED lighting technology. LED lighting is gradually cannibalizing market opportunities in this space, supported by continued research and technological advancements that promise to make LEDs an ideal alternative to HID bulbs in the future. This market research report on HID Bulbs states that Asia-Pacific represents the largest market worldwide, supported by the presence of price sensitive countries in East Asia. In these countries, proliferation of LEDs is slow and gradual with HID bulbs still continuing to be used in infrastructure facilities such as stadiums, large public areas, movie theatres, roadways, pathways, parking lots, and warehouses, among others. For more information click on: www.researchandmarkets.com