The High Intensity Discharge (HID) Bulbs Global Market Report 2021-30 by The Business Research Company describes and explains the global high intensity discharge (HID) bulbs market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

The High Intensity Discharge (HID) Bulbs Global Market Report 2021 covers high intensity discharge (HID) bulbs market drivers, high intensity discharge (HID) bulbs market trends, high intensity discharge (HID) bulbs market segments, high intensity discharge (HID) bulbs market growth rate, high intensity discharge (HID) bulbs market major players, and high intensity discharge (HID) bulbs market size.

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The high intensity discharge (HID) bulbs market report provides an in-depth analysis of the impact of COVID-19 on the global high intensity discharge (HID) bulbs industry, along with revised market numbers due to the effects of the coronavirus and the expected high intensity discharge (HID) bulbs market growth numbers 2021-2030.

High Intensity Discharge (HID) Bulbs Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global high intensity discharge (HID) bulb market is expected to decline from $6.55 in billion 2020 to $5.66 billion in 2021 at a compound annual growth rate (CAGR) of -13.6%. The market's decline is attributed to the strict energy efficiency standards and growing inclination towards cost-effective substitutes. The HID bulbs market is expected to reach $3.46 billion in 2025 at a CAGR of -12%.

The report covers the high intensity discharge (HID) bulbs market segments-
1) By Product Type: Metal Halide Light, High-Pressure Sodium Light, Xenon Arc Light, Other
2) By Application: Industrial, Agriculture, Medical, Other
3) By Distribution Channel: OEM, Aftermarket
4) By Mode: Online, Offline

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