India LED Market is expected to reach more than INR 200 billion in terms of revenue by FY’2019.
Future growth of India LED market is expected to be led by increasing government initiatives, falling prices of LED lights and growing concerns with respect to energy conservation.
Ken Research announced its latest publication on “India LED Lighting Market Outlook to 2019 – Next Wave of Growth Driven by Government Initiatives” which provides a comprehensive analysis of LED market in India. The report covers various aspects such as market size of India LED market by revenue generated and production volume, and market segmentation of the LED industry on the basis of types of products, organized and unorganized players, import and domestic production volume, end users and different regions. The report is useful for LED lighting manufacturers, auxiliary component manufacturers, LED lighting distributors and retailers.
The LED industry is one of the most dynamic industries and plays an important role in the lighting sector of India. The growth is majorly originated from increasing government initiatives and falling prices.
The LED market in India comprises players such Philips, Havells, Syska LED lights, Osram and Bajaj among others. India LED market has grown at a CAGR of 56.1% in terms of revenue generated from FY’2009-FY’2014.
According to the research report, the Indian LED market will grow at a considerable CAGR of ~% thus inclining to more than INR 200 billion by FY’2019, due to increasing awareness about the uses of LED lights and falling prices.
“A hike in the investment activity, technological advancements and rising personal disposable income will result in market growth. Additionally, inexpensive imports from China and lack of LED fabrication facilities act as hindrances in the Indian LED market”, according to the Research Associate, Ken Research.
Key Topics Covered in the Report:
Market Size by Revenue and Production Volume.
Market Segmentation by
Types of Products
Major Regions (South India, North India, West India and East India)
End Users
Import and Domestic Production
Organized and Unorganized Players
Trends and Developments
Major Opportunities
Major Challenges
Competition and Market Share
Future Outlook and Projections
Macro Economic Parameters
Companies Covered in the Report
Philips
Havells
Bajaj Electricals
Surya Roshni
NTL lemnis
Osram
Syska LED lights
Anchor (Panasonic)
Opple Lighting
Sewon
Eveready
Crompton Greaves
Wipro
GE lighting
BPL
Syska LED lights
MIC Electronics Ltd
Avni Energy Solutions
Goldwyn Ltd
Sujana Energy Ltd
Reiz Electorcontrols Ltd
Philips Lumileds
Cree Inc
Nichia
Related Reports:
South Korea LED Lighting Market Outlook to 2018 – Backlighting Units to Drive LED Growth
India LED Television Market Outlook to 2018 – Rising Price Competition With New Players Entry
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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