Energy Efficient Lamps Market and Ballasts Market in Latin America are Expected to Reach USD 1,659.9 Million and USD 495.0 Million Respectively by 2015

ALBANY, New York, January 11, 2012 /PRNewswire/ –

According to a new report published by Transparency Market Research (
http://www.transparencymarketresearch.com) “Energy Efficient Lamps Market and Ballasts
Market in Latin America (2010 – 2015)
[http://www.transparencymarketresearch.com/latin-america.html ]” Latin America
Energy-Efficient Lamps Market is estimated to be worth USD 937.8million in 2011 and
expected to reach USD 1,659.9million in 2015 at a CAGR of 15.3% from 2011 to 2015. Mexico
and Brazilare the leading markets in the overall Latin American region. Ballasts market in
Latin America is expected to grow at a CAGR of 17.3% from 2011 to 2015. LED (Light
Emitting Diode) Driver Module market is expected to reach USD 161.4 million in 2015.

Browse full report at http://www.transparencymarketresearch.com/latin-america.html

Presently, lighting accounts for huge amount of the electricity bill in the Latin
America, which makes it full of potential for electricity and cost savings. Although
fluorescents have been considered for offering greater efficiency compared to incandescent
bulbs, LEDs have been revealed to be the most efficient and to last longer than
fluorescent and HID lighting source in the market, making them the next logical step. LED
light bulbs typically last for about 50,000 hours – twice as long as fluorescents – and
are up to twice as efficient as fluorescents, which are four to six times more efficient
than incandescent. Further, unlike fluorescent lamp or incandescent bulbs, LEDs do not get
hot. LEDsare supposed to be the market leader in energy efficient lighting solutions in
near future.

The impending ban on the utilization of incandescent bulbs in most of the Latin
American nations will considerably boost the LED (Light Emitting Diode) and florescent
lighting market.Post 2015, LED lighting applications are expected to witness the highest
market share in overall lighting market. Quite the opposite, growth of industrial and
office applications of LED lighting will be slower. This is mainlybecause ofthe existing
high penetration of fluorescent lamps in this region and cost-competitive attribute of
CFLs and linear fluorescent.LED lighting market is relatively very small in Latin American
nations in comparison to other lighting technologies, however growth prospect is huge. CFL
(Compact Fluorescent lamp) is the second fastest growing market in Latin America with a
CAGR of 16.4% from 2011 to 2015.

Unit sales for ballasts in Latin America region is estimated to grow at a CAGR of
17.3% from 2011 to 2015.The Latin America electronic Fluorescent ballasts market is
expected to reach USD 124.8 million in 2015 from USD 81.3 million in 2011 at a CAGR of
11.3 percent for the same period.

In 2011, South America accounted for 69.0 per cent of energy-efficient lighting market
in Latin American region. South American lighting market is expected to reach USD 1,145.3
million in 2015, growing at a CAGR of 14.5% from 2011 to 2015. Mexico is expected to be
the second largest energy-efficient lighting market at USD 365.2 million in 2015.

        Lighting Technology
        - Lamps
        - Fluorescent
        - CFL (Compact Fluorescent Lamps)
        - LED (Light Emitting Diode)
        - High Intensity Discharge (HID)
        - Induction Lamps
        - Ballasts
        - Electronic Fluorescent Ballasts
        - Magnetic Fluorescent Ballasts
        - CFL Ballast
        - Led Driver Module
        - Electronic HID Ballast
        - Magnetic HID Ballast

        End User Segment
        - Residential
        - Industrial
        - Commercial
        - Outdoor

        Regional Coverage
        - Brazil
        - Mexico
        - Argentina
        - South America
        - Central America
        - Caribbean Islands

Browse all Energy Market
[http://www.transparencymarketresearch.com/energy-market-reports-3.html ] Research Reports

Related & Recently Published Reports by Transparency Market Research

Energy Efficient Lighting Technology Market
[http://www.transparencymarketresearch.com/emerging-lighting-technology-market-by-color-temperature.html ]

Energy Efficient Lamps Market
[http://www.transparencymarketresearch.com/latin-america.html ]

Energy Efficient Ballasts Market
[http://www.transparencymarketresearch.com/latin-america.html ]

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