In 2023, the production volume of ballasts for discharge lamps or tubes in France stood at approximately 1.922 million items. From 2024 to 2028, forecast data indicate a consistent decline in production. Specifically, the year-on-year percentage decrease from 2024 to 2025 is 4.5%, from 2025 to 2026 is 4.7%, from 2026 to 2027 is 4.9%, and from 2027 to 2028 is 5.1%. The compound annual growth rate (CAGR) for this forecast period is approximately -4.7%, suggesting a steady downward trend over these five years.
Future trends to watch include:
- The shift towards more energy-efficient lighting technologies, potentially impacting the demand for traditional ballasts.
- Regulatory changes and policies on energy consumption and lighting products.
- Technological advancements in the lighting industry that could either disrupt or bolster the ballast market.