Market Research Report on India Led Lightning Market 2015

Submitted by: Submitted by

Views: 10

Words: 698

Pages: 3

Category: Business and Industry

Date Submitted: 10/05/2015 04:03 AM

Report This Essay

Market Research Report on India LED Lightning Market 2015

Bharat Book Bureau provides the report, on “Market Research Report on India LED Lightning Market 2015 '' The report provides a basic overview of the India Lighting market is growing with a CAGR of 16.83% from last five years and is projected to grow even in future due to excellent growth in the LED Lighting industry.

https://www.bharatbook.com/consumer-electronics-market-research-reports-714145/india-led-lightning.html

05th Oct 2015- Mumbai, India: Bharatbook.com announces a report on “Market Research Report on India LED Lightning Market 2015 ” The report reveals that Phillips, Osram, Bajaj, Havells, etc. are the leading players in India Lighting market and are expected to dominate the market in the forecast period also.

The Indian market continues to be mainly driven by government which makes up 51 percent of all LED orders. https://www.bharatbook.com/consumer-electronics-market-research-reports-714145/india-led-lightning.html The streetlight market, for example is benefiting from lighting overhaul in cities of old lights to LED. While in the commercial lighting segment there is a heightened interest in industrial lighting and in down lighters, which in India are vigorously shifting to LED as a source. India Lighting market is growing with a CAGR of 16.83% from last five years and is projected to grow even in future due to excellent growth in the LED Lighting industry. LED Lighting market is growing with a whopping CAGR of 57.31% over last five years. Government initiatives to replace incandescent bulbs with LED bulbs under various schemes, increasing energy demand in the country and declining prices of LED lights are the factors driving the growth of LED lighting in India.

According to “India LED Lighting Market Outlook, 2021”, India’s LED Lighting market is forecast to grow at a CAGR of 32.15% over six years. LED Lighting, which accounts for 19% share in the current overall Lighting...