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Indian LED Lighting Market Has Huge Potential for Growth by 2025

11-03-2020 10:53 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Imarc Group

Indian LED Lighting Market Has Huge Potential for Growth by 2025

According to IMARC Group’s latest report, titled “Indian LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the Indian LED lighting market reached a value of US$ 2.87 Billion in 2019. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2020-2025.

Request for a free sample copy of this report @ https://www.imarcgroup.com/indian-led-lighting-market/requestsample

A light-emitting diode (LED) refers to a semiconductor device that emits light when the electric current is passed through a microchip. LED lighting products offer compact size, high durability, low heat output, minimum radiation emission, and consume less power. LED lights are more efficient in comparison to other light bulbs, owing to which, incandescent and fluorescent lights are prominently being replaced by LED lighting systems.

Growth Drivers:

The increasing demand for energy-efficient lighting system, along with a significant decline in the price of LED, is primarily augmenting the Indian LED lighting market growth. Furthermore, the growing environmental concerns have propelled the use of LED lighting products for reducing the carbon emissions from conventional fluorescent lights in the country. Moreover, the rising use of LED lights in automotive parts, signals and signage, mobile devices, etc., is also augmenting the market growth. Additionally, the increasing demand for LED in architectural lighting across both commercial and residential sectors is further bolstering the growth of the Indian LED lighting market.

Indian LED Lighting Market 2020-2025 Competitive Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the Indian LED lighting market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:
• Philips
• Surya
• Crompton
• Bajaj
• Halonix
• HQ Lamps
• Osram
• Havells

The report has segmented the Indian LED lighting market on the basis of product, end-use sector, region, public & private markets and indoor & outdoor markets.

• Indian LED Lighting Market by Product
• Indian LED Lighting Market by End-Use Sector
• Indian LED Lighting Market by Region
• Indian LED Lighting Market by Public and Private Markets
• Indian LED Lighting Market by Indoor and Outdoor Markets

Explore full report with table of contents @ https://www.imarcgroup.com/indian-led-lighting-market

Key highlights of the report:
• Market Performance (2014-2019)
• Market Outlook (2020- 2025)
• The Impact of COVID-19 on the Global Market
• Market Drivers and Success Factors
• Market Trends
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Related Report:

https://www.imarcgroup.com/semiconductor-manufacturing-equipment-market

https://www.imarcgroup.com/capacitive-sensor-market

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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