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World - Machines For Electric Or Electronic Lamps, Tubes, Valves Or Flashbulbs - Market Analysis, Forecast, Size, Trends And Insights
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The global market for machines for electric or electronic lamps, tubes, valves or flashbulbs is projected to experience steady growth over the next eight years, with an anticipated increase in both volume and value. Key findings from the article include insights into market performance, consumption trends, production volumes, import and export data, as well as detailed analysis of leading countries in terms of consumption, production, imports, and exports. The data provided in the article highlights the rapid growth in consumption and production in certain countries, as well as fluctuations in import and export prices. Overall, the article offers a comprehensive overview of the global market for machines for electric or electronic lamps, providing valuable information for stakeholders looking to understand and navigate this growing industry.
Market Forecast
Driven by increasing demand for machines for electric or electronic lamps, tubes, valves or flashbulbs worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +2.2% for the period from 2022 to 2030, which is projected to bring the market volume to 482K units by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +2.4% for the period from 2022 to 2030, which is projected to bring the market value to $2.4B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Machines For Electric Or Electronic Lamps, Tubes, Valves Or Flashbulbs
For the third consecutive year, the global market recorded growth in consumption of machines for electric or electronic lamps, tubes, valves or flashbulbs, which increased by 14% to 404K units in 2022. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak volume of 422K units. From 2019 to 2022, the growth of the global consumption remained at a somewhat lower figure.
The global electronic lamp machine market revenue skyrocketed to $2B in 2022, rising by 42% 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). Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked in 2022 and is likely to see steady growth in the near future.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were Chile (92K units), Singapore (76K units) and Oman (55K units), together comprising 55% of global consumption. The United States, Russia, Hong Kong SAR and Saudi Arabia lagged somewhat behind, together accounting for a further 32%.
From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +74.3%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($825M), Russia ($469M) and Oman ($237M) appeared to be the countries with the highest levels of market value in 2022, together accounting for 76% of the global market.
Among the main consuming countries, the United States, with a CAGR of +73.3%, saw the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of electronic lamp machine per capita consumption in 2022 were Singapore (13 units per 1000 persons), Oman (10 units per 1000 persons) and Chile (4.8 units per 1000 persons).
From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +73.2%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Machines For Electric Or Electronic Lamps, Tubes, Valves Or Flashbulbs
Global electronic lamp machine production reached 266K units in 2022, flattening at the previous year. Overall, production, however, continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2014 when the production volume increased by 3.5% against the previous year. Over the period under review, global production reached the maximum volume at 315K units in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
In value terms, electronic lamp machine production stood at $1.2B in 2022 estimated in export price. In general, production, however, showed a deep slump. The growth pace was the most rapid in 2014 when the production volume increased by 7.6%. Global production peaked at $2.2B in 2012; however, from 2013 to 2022, production remained at a lower figure.
Production By Country
The countries with the highest volumes of production in 2022 were Singapore (72K units), Oman (55K units) and Russia (40K units), with a combined 63% share of global production.
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Oman (with a CAGR of +3.9%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Machines For Electric Or Electronic Lamps, Tubes, Valves Or Flashbulbs
In 2022, approx. 179K units of machines for electric or electronic lamps, tubes, valves or flashbulbs were imported worldwide; growing by 73% compared with the year before. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 123% against the previous year. Global imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, electronic lamp machine imports amounted to $54M in 2022. Overall, imports, however, saw a deep setback. The pace of growth appeared the most rapid in 2017 when imports increased by 38%. Global imports peaked at $130M in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports By Country
Chile was the major importer of machines for electric or electronic lamps, tubes, valves or flashbulbs in the world, with the volume of imports recording 92K units, which was approx. 51% of total imports in 2022. The United States (43K units) held a 24% share (based on physical terms) of total imports, which put it in second place, followed by Hong Kong SAR (12%). Malaysia (4.9K units), Myanmar (4.7K units) and Singapore (3.7K units) followed a long way behind the leaders.
Imports into Chile increased at an average annual rate of +59.0% from 2012 to 2022. At the same time, the United States (+75.4%), Hong Kong SAR (+27.0%), Myanmar (+22.8%) and Malaysia (+20.3%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in the world, with a CAGR of +75.4% from 2012-2022. By contrast, Singapore (-23.6%) illustrated a downward trend over the same period. While the share of Chile (+50 p.p.), the United States (+24 p.p.), Hong Kong SAR (+10 p.p.), Myanmar (+2 p.p.) and Malaysia (+1.9 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Singapore (-54.1 p.p.) displayed negative dynamics.
In value terms, the United States ($8.3M) constitutes the largest market for imported machines for electric or electronic lamps, tubes, valves or flashbulbs worldwide, comprising 15% of global imports. The second position in the ranking was taken by Hong Kong SAR ($2.2M), with a 4% share of global imports. It was followed by Singapore, with a 0.9% share.
In the United States, electronic lamp machine imports expanded at an average annual rate of +2.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hong Kong SAR (+9.2% per year) and Singapore (-0.7% per year).
Import Prices By Country
In 2022, the average electronic lamp machine import price amounted to $303 per unit, falling by -37.9% against the previous year. In general, the import price faced a deep reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 149% against the previous year. Global import price peaked at $2,476 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($192 per unit), while Chile ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+29.9%), while the other global leaders experienced a decline in the import price figures.
Exports
World Exports of Machines For Electric Or Electronic Lamps, Tubes, Valves Or Flashbulbs
In 2022, approx. 41K units of machines for electric or electronic lamps, tubes, valves or flashbulbs were exported worldwide; jumping by 212% on the previous year's figure. Overall, exports enjoyed a modest increase. The growth pace was the most rapid in 2015 when exports increased by 303%. As a result, the exports attained the peak of 58K units. From 2016 to 2022, the growth of the global exports failed to regain momentum.
In value terms, electronic lamp machine exports surged to $65M in 2022. Over the period under review, exports, however, recorded a deep setback. Over the period under review, the global exports hit record highs at $123M in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
Exports By Country
China dominates exports structure, recording 36K units, which was approx. 88% of total exports in 2022. It was distantly followed by Italy (2.4K units), mixing up a 5.8% share of total exports. The following exporters - the UK (855 units) and the United States (625 units) - each amounted to a 3.6% share of total exports.
China was also the fastest-growing in terms of the machines for electric or electronic lamps, tubes, valves or flashbulbs exports, with a CAGR of +34.1% from 2012 to 2022. At the same time, Italy (+4.0%) displayed positive paces of growth. By contrast, the UK (-1.8%) and the United States (-16.4%) illustrated a downward trend over the same period. While the share of China (+82 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the United States (-9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Italy ($32M) emerged as the largest electronic lamp machine supplier worldwide, comprising 50% of global exports. The second position in the ranking was taken by the UK ($12M), with an 18% share of global exports. It was followed by the United States, with a 14% share.
From 2012 to 2022, the average annual rate of growth in terms of value in Italy amounted to +5.0%. The remaining exporting countries recorded the following average annual rates of exports growth: the UK (-0.8% per year) and the United States (-7.8% per year).
Export Prices By Country
The average electronic lamp machine export price stood at $1,589 per unit in 2022, with a decrease of -32.4% against the previous year. In general, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 908%. Over the period under review, the average export prices attained the peak figure at $7,588 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($14,249 per unit), while China ($89 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.3%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global electronic lamp machine market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28993920 - Machines for assembling electric or electronic lamps, tubes, v alves or flashbulbs, in glass envelopes
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global electronic lamp machine market.
Global Glass Manufacturing Machine Market Report 2018. This report provides an in-depth analysis of the global glass manufacturing machine market.
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