Global Arc-based Plasma Lighting Market Size to worth USD 725.0 Million by 2033: Market Statistics Report

Global Arc-based Plasma Lighting Market Size to worth USD 725.0 Million by 2033

According to a research report published by Spherical Insights & Consulting, The Global Arc-based Plasma Lighting Market Size is Expected to Grow from USD 604.0 Million in 2023 to USD 725.0 Million by 2033, at a CAGR of 1.84% during the forecast period 2023-2033.  

Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Arc-based Plasma Lighting Market Size, Share, and COVID-19 Impact Analysis, By Light Source (Xenon arc lamps, Metal halide lamps, Deuterium lamps, Krypton arc lamps, and Mercury vapor lamps), By Wattage Type (Below 500 W, 501 to 1,500 W, and Above 1,500 W), By Application (Entertainment & projection, Searchlight & spotlight, Solar simulation & environmental testing, Spectroscopy, Medical lighting, Microscopic lights, UV applications, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.  

Arc-based plasma lighting market refers to the market for lighting solutions where the light source is created by an electric arc within a gas. Arc-based lighting is a type of lighting technology where light is produced by an electric arc within a plasma gas, creating a high-intensity, high-quality light source often used in applications requiring strong illumination like searchlights, projectors, and large-scale lighting installations. Features like energy optimization, automated control, and interaction with smart home ecosystems are made possible by smart lighting as these features increase the appeal of arc-based plasma lights for commercial and industrial settings where cost reduction and energy management are crucial. The growing need for shock and vibration-resistant lighting is offering lucrative market growth opportunities for arc-based plasma lighting. The increased energy-efficient lighting solutions with reduced power consumption and advancement in smart lighting technologies and integration are driving the market growth for arc-based lighting. However, the increased initial cost and competition from LED and other efficient technologies are challenging the market.

The xenon arc lamps segment holds the largest market share and is expected to grow at a significant CAGR during the forecast period.

Based on the light source, the global arc-based plasma lighting market is divided into xenon arc lamps, metal halide lamps, deuterium lamps, krypton arc lamps, and mercury vapor lamps. Among these, the xenon arc lamps segment holds the largest market share and is expected to grow at a significant CAGR during the forecast period. Xenon arc lamps efficiently provide a broad spectrum of light with high color rendering capabilities, closely mimicking natural sunlight.

The 501 to 1,500 W segment holds a significant market share and is anticipated to witness the fastest CAGR growth during the forecast period.

Based on the wattage type, the global arc-based plasma lighting market is divided into below 500 W, 501 to 1,500 W, and above 1,500 W. Among these, the 501 to 1,500 W segment holds a significant market share and is anticipated to witness the fastest CAGR growth during the forecast period. The diverse array of applications of 501 to 1500 W, ranging from large-scale outdoor lighting such as stadium illumination and street lighting to industrial and commercial settings is propelling the market growth.  

The entertainment & projection segment dominated the market with the largest market share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the application, the global arc-based plasma lighting market is divided into entertainment & projection, searchlight & spotlight, solar simulation & environmental testing, spectroscopy, medical lighting, microscopic lights, UV applications, and others. Among these, the entertainment & projection segment dominated the market with the largest market share in 2023 and is expected to grow at a significant CAGR during the forecast period.  The need for high-performance lighting solutions is fueled by developments in projection technology and the growing worldwide entertainment industries.

North America is projected to hold the largest share of the global arc-based plasma lighting market over the forecast period.

North America is projected to hold the largest share of the global arc-based plasma lighting market over the forecast period. The region’s widespread application, spanning entertainment, horticulture, and industrial sectors are driving the market growth. The robust infrastructure development and stringent regulations along with the advanced technological capabilities are contributing to propel the market for arc-based plasma lighting.

Asia Pacific is predicted to grow at the fastest CAGR in the arc-based plasma lighting market over the forecast period. The regulatory initiatives and the need for specialty lighting in the region are driving the arc-based plasma lighting market. The adoption of arc-based plasma lamps in the lithography and UV curing applications owing to the burgeoning semiconductor and electronics industry is propelling the market growth.   

Company Profiling

Major key players in the arc-based plasma lighting market include Agilent Technologies, Inc., Ams-OSRAM AG, Excelitas Technologies Cor, Hamamatsu Photonics K.K., LEDVANCE GmbH, Signify Holding, Ushio Inc., Newport Corporation, Superior Quartz Products, Inc., and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In January 2024, Excelitas Technologies Corp., a leading industrial and medical technology manufacturer focused on delivering innovative, market-driven photonic solutions, announced that it has completed the successful acquisition of the Noblelight business from Heraeus Group (Hanau, Germany), including operations in Germany, United Kingdom, United States, China and Japan, along with several key application centers and sales offices around the world.

•  In August 2023, Hamamatsu Photonics constructed a new factory Building No. 11 at its Toyooka factory site (Shimokanzo, Iwata City, Japan) to handle expanding sales of microfocus X-ray sources (MFX) and other electron tube products.  

• In October 2023, ams OSRAM, the market leader in automotive lighting, is expanding its renowned series of LED retrofit lamps. With the street-approved OSRAM NIGHT BREAKER H1-LED, drivers can legally, easily and cost-effectively upgrade their conventional H1 halogen low-beam and high-beam head-lights to LED technology. 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global arc-based plasma lighting market based on the below-mentioned segments:

Global Arc-based Plasma Lighting Market, By Light Source

• Xenon arc lamps
• Metal halide lamps
• Deuterium lamps
• Krypton arc lamps
• Mercury vapor lamps

Global Arc-based Plasma Lighting Market, By Wattage Type

• Below 500 W
• 501 to 1,500 W
• Above 1,500 W

Global Arc-based Plasma Lighting Market, By Application 

• Entertainment & projection
• Searchlight & spotlight
• Solar simulation & environmental testing
• Spectroscopy
• Medical lighting
• Microscopic lights
• UV applications
• Others

Global Arc-based Plasma Lighting Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa