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LED Lighting Ballast-Global Market Insights and Sales Trends 2025
Synopsis
A light-emitting diode (LED) is a two-lead semiconductor light source. It is a p–n junction diode that emits light when activated. When a suitable current is applied to the leads, electrons are able to recombine with electron holes within the device, releasing energy in the form of photons. This effect is called electroluminescence, and the colour of the light (corresponding to the energy of the photon) is determined by the energy band gap of the semiconductor. LEDs are typically small (less than 1 mm2) and integrated optical components may be used to shape the radiation pattern.
The global LED Lighting Ballast market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of LED Lighting Ballast in various end use industries. The expanding demands from the LED Lamp and LED Luminaire, are propelling LED Lighting Ballast market. Constant-current Drivers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Constant-voltage Drivers segment is estimated at % CAGR for the next seven-year period.
A LED lamp or LED light bulb is an electric light for use in light fixtures that produces light using light-emitting diode LED). LED lamps have a lifespan and electrical efficiency which are several times greater than incandescent lamps, and are significantly more efficient than most fluorescent lamps.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for LED Lighting Ballast, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global LED Lighting Ballast market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global LED Lighting Ballast market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LED Lighting Ballast sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of LED Lighting Ballast covered in this report include Acuity Brands, Advanced Lighting Technologies, Atlas Lighting Products, Eaton, Crestron Electronics, GE Lighting, Hatch Transformers, Leviton Manufacturing and Lutron Electronics, etc.
The global LED Lighting Ballast market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Acuity Brands
Advanced Lighting Technologies
Atlas Lighting Products
Eaton
Crestron Electronics
GE Lighting
Hatch Transformers
Leviton Manufacturing
Lutron Electronics
MaxLite
Osram Sylvania
Philips Lighting
Progress Lighting
Technical Consumer Products
Universal Lighting Technologies
Venture Lighting
Global LED Lighting Ballast market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global LED Lighting Ballast market, Segment by Type:
Constant-current Drivers
Constant-voltage Drivers
Global LED Lighting Ballast market, by Application
LED Lamp
LED Luminaire
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of LED Lighting Ballast manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LED Lighting Ballast in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A light-emitting diode (LED) is a two-lead semiconductor light source. It is a p–n junction diode that emits light when activated. When a suitable current is applied to the leads, electrons are able to recombine with electron holes within the device, releasing energy in the form of photons. This effect is called electroluminescence, and the colour of the light (corresponding to the energy of the photon) is determined by the energy band gap of the semiconductor. LEDs are typically small (less than 1 mm2) and integrated optical components may be used to shape the radiation pattern.
The global LED Lighting Ballast market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of LED Lighting Ballast in various end use industries. The expanding demands from the LED Lamp and LED Luminaire, are propelling LED Lighting Ballast market. Constant-current Drivers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Constant-voltage Drivers segment is estimated at % CAGR for the next seven-year period.
A LED lamp or LED light bulb is an electric light for use in light fixtures that produces light using light-emitting diode LED). LED lamps have a lifespan and electrical efficiency which are several times greater than incandescent lamps, and are significantly more efficient than most fluorescent lamps.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for LED Lighting Ballast, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global LED Lighting Ballast market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global LED Lighting Ballast market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LED Lighting Ballast sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of LED Lighting Ballast covered in this report include Acuity Brands, Advanced Lighting Technologies, Atlas Lighting Products, Eaton, Crestron Electronics, GE Lighting, Hatch Transformers, Leviton Manufacturing and Lutron Electronics, etc.
The global LED Lighting Ballast market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Acuity Brands
Advanced Lighting Technologies
Atlas Lighting Products
Eaton
Crestron Electronics
GE Lighting
Hatch Transformers
Leviton Manufacturing
Lutron Electronics
MaxLite
Osram Sylvania
Philips Lighting
Progress Lighting
Technical Consumer Products
Universal Lighting Technologies
Venture Lighting
Global LED Lighting Ballast market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global LED Lighting Ballast market, Segment by Type:
Constant-current Drivers
Constant-voltage Drivers
Global LED Lighting Ballast market, by Application
LED Lamp
LED Luminaire
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of LED Lighting Ballast manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LED Lighting Ballast in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 LED Lighting Ballast Market Overview
1.1 LED Lighting Ballast Product Overview
1.2 LED Lighting Ballast Market Segment by Type
1.2.1 Constant-current Drivers
1.2.2 Constant-voltage Drivers
1.3 Global LED Lighting Ballast Market Size by Type
1.3.1 Global LED Lighting Ballast Market Size Overview by Type (2018-2029)
1.3.2 Global LED Lighting Ballast Historic Market Size Review by Type (2018-2023)
1.3.3 Global LED Lighting Ballast Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America LED Lighting Ballast Sales Breakdown by Type (2018-2023)
1.4.2 Europe LED Lighting Ballast Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific LED Lighting Ballast Sales Breakdown by Type (2018-2023)
1.4.4 Latin America LED Lighting Ballast Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa LED Lighting Ballast Sales Breakdown by Type (2018-2023)
2 Global LED Lighting Ballast Market Competition by Company
2.1 Global Top Players by LED Lighting Ballast Sales (2018-2023)
2.2 Global Top Players by LED Lighting Ballast Revenue (2018-2023)
2.3 Global Top Players by LED Lighting Ballast Price (2018-2023)
2.4 Global Top Manufacturers LED Lighting Ballast Manufacturing Base Distribution, Sales Area, Product Type
2.5 LED Lighting Ballast Market Competitive Situation and Trends
2.5.1 LED Lighting Ballast Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by LED Lighting Ballast Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in LED Lighting Ballast as of 2022)
2.7 Date of Key Manufacturers Enter into LED Lighting Ballast Market
2.8 Key Manufacturers LED Lighting Ballast Product Offered
2.9 Mergers & Acquisitions, Expansion
3 LED Lighting Ballast Status and Outlook by Region
3.1 Global LED Lighting Ballast Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global LED Lighting Ballast Historic Market Size by Region
3.2.1 Global LED Lighting Ballast Sales in Volume by Region (2018-2023)
3.2.2 Global LED Lighting Ballast Sales in Value by Region (2018-2023)
3.2.3 Global LED Lighting Ballast Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global LED Lighting Ballast Forecasted Market Size by Region
3.3.1 Global LED Lighting Ballast Sales in Volume by Region (2024-2029)
3.3.2 Global LED Lighting Ballast Sales in Value by Region (2024-2029)
3.3.3 Global LED Lighting Ballast Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global LED Lighting Ballast by Application
4.1 LED Lighting Ballast Market Segment by Application
4.1.1 LED Lamp
4.1.2 LED Luminaire
4.2 Global LED Lighting Ballast Market Size by Application
4.2.1 Global LED Lighting Ballast Market Size Overview by Application (2018-2029)
4.2.2 Global LED Lighting Ballast Historic Market Size Review by Application (2018-2023)
4.2.3 Global LED Lighting Ballast Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America LED Lighting Ballast Sales Breakdown by Application (2018-2023)
4.3.2 Europe LED Lighting Ballast Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific LED Lighting Ballast Sales Breakdown by Application (2018-2023)
4.3.4 Latin America LED Lighting Ballast Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa LED Lighting Ballast Sales Breakdown by Application (2018-2023)
5 North America LED Lighting Ballast by Country
5.1 North America LED Lighting Ballast Historic Market Size by Country
5.1.1 North America LED Lighting Ballast Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America LED Lighting Ballast Sales in Volume by Country (2018-2023)
5.1.3 North America LED Lighting Ballast Sales in Value by Country (2018-2023)
5.2 North America LED Lighting Ballast Forecasted Market Size by Country
5.2.1 North America LED Lighting Ballast Sales in Volume by Country (2024-2029)
5.2.2 North America LED Lighting Ballast Sales in Value by Country (2024-2029)
6 Europe LED Lighting Ballast by Country
6.1 Europe LED Lighting Ballast Historic Market Size by Country
6.1.1 Europe LED Lighting Ballast Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe LED Lighting Ballast Sales in Volume by Country (2018-2023)
6.1.3 Europe LED Lighting Ballast Sales in Value by Country (2018-2023)
6.2 Europe LED Lighting Ballast Forecasted Market Size by Country
6.2.1 Europe LED Lighting Ballast Sales in Volume by Country (2024-2029)
6.2.2 Europe LED Lighting Ballast Sales in Value by Country (2024-2029)
7 Asia-Pacific LED Lighting Ballast by Region
7.1 Asia-Pacific LED Lighting Ballast Historic Market Size by Region
7.1.1 Asia-Pacific LED Lighting Ballast Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific LED Lighting Ballast Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific LED Lighting Ballast Sales in Value by Region (2018-2023)
7.2 Asia-Pacific LED Lighting Ballast Forecasted Market Size by Region
7.2.1 Asia-Pacific LED Lighting Ballast Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific LED Lighting Ballast Sales in Value by Region (2024-2029)
8 Latin America LED Lighting Ballast by Country
8.1 Latin America LED Lighting Ballast Historic Market Size by Country
8.1.1 Latin America LED Lighting Ballast Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America LED Lighting Ballast Sales in Volume by Country (2018-2023)
8.1.3 Latin America LED Lighting Ballast Sales in Value by Country (2018-2023)
8.2 Latin America LED Lighting Ballast Forecasted Market Size by Country
8.2.1 Latin America LED Lighting Ballast Sales in Volume by Country (2024-2029)
8.2.2 Latin America LED Lighting Ballast Sales in Value by Country (2024-2029)
9 Middle East and Africa LED Lighting Ballast by Country
9.1 Middle East and Africa LED Lighting Ballast Historic Market Size by Country
9.1.1 Middle East and Africa LED Lighting Ballast Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa LED Lighting Ballast Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa LED Lighting Ballast Sales in Value by Country (2018-2023)
9.2 Middle East and Africa LED Lighting Ballast Forecasted Market Size by Country
9.2.1 Middle East and Africa LED Lighting Ballast Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa LED Lighting Ballast Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Acuity Brands
10.1.1 Acuity Brands Company Information
10.1.2 Acuity Brands Introduction and Business Overview
10.1.3 Acuity Brands LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Acuity Brands LED Lighting Ballast Products Offered
10.1.5 Acuity Brands Recent Development
10.2 Advanced Lighting Technologies
10.2.1 Advanced Lighting Technologies Company Information
10.2.2 Advanced Lighting Technologies Introduction and Business Overview
10.2.3 Advanced Lighting Technologies LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Advanced Lighting Technologies LED Lighting Ballast Products Offered
10.2.5 Advanced Lighting Technologies Recent Development
10.3 Atlas Lighting Products
10.3.1 Atlas Lighting Products Company Information
10.3.2 Atlas Lighting Products Introduction and Business Overview
10.3.3 Atlas Lighting Products LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Atlas Lighting Products LED Lighting Ballast Products Offered
10.3.5 Atlas Lighting Products Recent Development
10.4 Eaton
10.4.1 Eaton Company Information
10.4.2 Eaton Introduction and Business Overview
10.4.3 Eaton LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Eaton LED Lighting Ballast Products Offered
10.4.5 Eaton Recent Development
10.5 Crestron Electronics
10.5.1 Crestron Electronics Company Information
10.5.2 Crestron Electronics Introduction and Business Overview
10.5.3 Crestron Electronics LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Crestron Electronics LED Lighting Ballast Products Offered
10.5.5 Crestron Electronics Recent Development
10.6 GE Lighting
10.6.1 GE Lighting Company Information
10.6.2 GE Lighting Introduction and Business Overview
10.6.3 GE Lighting LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.6.4 GE Lighting LED Lighting Ballast Products Offered
10.6.5 GE Lighting Recent Development
10.7 Hatch Transformers
10.7.1 Hatch Transformers Company Information
10.7.2 Hatch Transformers Introduction and Business Overview
10.7.3 Hatch Transformers LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Hatch Transformers LED Lighting Ballast Products Offered
10.7.5 Hatch Transformers Recent Development
10.8 Leviton Manufacturing
10.8.1 Leviton Manufacturing Company Information
10.8.2 Leviton Manufacturing Introduction and Business Overview
10.8.3 Leviton Manufacturing LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Leviton Manufacturing LED Lighting Ballast Products Offered
10.8.5 Leviton Manufacturing Recent Development
10.9 Lutron Electronics
10.9.1 Lutron Electronics Company Information
10.9.2 Lutron Electronics Introduction and Business Overview
10.9.3 Lutron Electronics LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Lutron Electronics LED Lighting Ballast Products Offered
10.9.5 Lutron Electronics Recent Development
10.10 MaxLite
10.10.1 MaxLite Company Information
10.10.2 MaxLite Introduction and Business Overview
10.10.3 MaxLite LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.10.4 MaxLite LED Lighting Ballast Products Offered
10.10.5 MaxLite Recent Development
10.11 Osram Sylvania
10.11.1 Osram Sylvania Company Information
10.11.2 Osram Sylvania Introduction and Business Overview
10.11.3 Osram Sylvania LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Osram Sylvania LED Lighting Ballast Products Offered
10.11.5 Osram Sylvania Recent Development
10.12 Philips Lighting
10.12.1 Philips Lighting Company Information
10.12.2 Philips Lighting Introduction and Business Overview
10.12.3 Philips Lighting LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Philips Lighting LED Lighting Ballast Products Offered
10.12.5 Philips Lighting Recent Development
10.13 Progress Lighting
10.13.1 Progress Lighting Company Information
10.13.2 Progress Lighting Introduction and Business Overview
10.13.3 Progress Lighting LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Progress Lighting LED Lighting Ballast Products Offered
10.13.5 Progress Lighting Recent Development
10.14 Technical Consumer Products
10.14.1 Technical Consumer Products Company Information
10.14.2 Technical Consumer Products Introduction and Business Overview
10.14.3 Technical Consumer Products LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Technical Consumer Products LED Lighting Ballast Products Offered
10.14.5 Technical Consumer Products Recent Development
10.15 Universal Lighting Technologies
10.15.1 Universal Lighting Technologies Company Information
10.15.2 Universal Lighting Technologies Introduction and Business Overview
10.15.3 Universal Lighting Technologies LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Universal Lighting Technologies LED Lighting Ballast Products Offered
10.15.5 Universal Lighting Technologies Recent Development
10.16 Venture Lighting
10.16.1 Venture Lighting Company Information
10.16.2 Venture Lighting Introduction and Business Overview
10.16.3 Venture Lighting LED Lighting Ballast Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Venture Lighting LED Lighting Ballast Products Offered
10.16.5 Venture Lighting Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 LED Lighting Ballast Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 LED Lighting Ballast Industrial Chain Analysis
11.4 LED Lighting Ballast Market Dynamics
11.4.1 LED Lighting Ballast Industry Trends
11.4.2 LED Lighting Ballast Market Drivers
11.4.3 LED Lighting Ballast Market Challenges
11.4.4 LED Lighting Ballast Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 LED Lighting Ballast Distributors
12.3 LED Lighting Ballast Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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