Abstract
The market for electronic ballasts for energy-efficient lighting will continue
to grow at a rapid rate, but the exact rate and trajectory of growth are being
altered by numerous factors. In the near-term, growth for some segments will
slow as a result of the current economic downturn. However, the impact of
today' s economic troubles will be short-lived and will vary depending on the
specific market segment and ballast type being considered. Advances in various
lighting technologies, new government regulations and overall demand for
energy efficient lighting solutions are more important long-term trends and
all are investigated in detail in this analysis. Critical and often subtle
underlying changes in demand, such as the increasing use of building
automation, are also identified and discussed.
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