Overview of the Market for Ballast For Discharge Lamp in Japan
In value terms, ballast for discharge lamp production stood at $ in estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of % year-to-year. Ballast for discharge lamp production peaked at $ in 2012; however, from 2013 to , production remained at a lower figure.
The value of the ballast for discharge lamp market in Japan totaled $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the market value increased by % y-o-y. Over the period under review, the market attained the peak level in and is expected to retain growth in the near future.