India LED Lighting Market (2015–2021)-6Wresearch
Over the years, demand for power has increased exponentially in India that has resulted into usage of appliances or products that are power efficient in nature. In India, lighting application consumes significant share of the country's total power. Owing to demand-supply gap and need to conserve power, utilization of power efficient lighting source has become critically important. LED based bulbs are emerging as key viable sources of power, which can save power up-to 50%.
According to 6Wresearch, India’s LED Lighting market is projected to reach $2.2 billion by 2021. LED Lighting market in India is in its nascent stage; however, high growth is anticipated due to government initiatives to replace incandescent bulbs with LED bulbs in streetlight application. Also, with growing awareness and reduction of prices the market for LED Lighting is exhibited to attain tremendous growth in the forecast period. Additionally, with government initiatives to promote domestic manufacturing, prices are expected to decline further, thus boosting the growth of the market. In 2015, the Government of India announced the distribution of LED bulbs at subsidized rate would further drive the adoption in the country.
Amongst all applications, streetlight is one of the key growing applications in India’s LED lighting market. Central and State governments have taken initiatives to deploy LED bulbs at various locations. For the same, several pilot projects are under process or in planned phase, where traditional streetlights would be replaced by LED bulbs. Chandigarh, Delhi, West Bengal, Maharashtra, Andhra Pradesh, Gujarat, Uttrakhand, and Punjab are some of the states where such initiatives have been taken.
Also, in the coming years, as the concept of green building and smart homes increases, demand for LED bulbs is exhibited to surge, which would bolster growth of the market especially in outdoor and indoor applications.
In India’s LED lighting market, Philips has captured key share of the market pie in 2014. Through the forecast period, share of Philips is expected to increase further. Other key players of the market include- Syska, Havells, GE and OSRAM.
“India LED Lighting Market (2015–2021)”provides in-depth analysis of the report with 50 figures and 16 tables covered in 112 pages. The report estimates and forecast LED Lighting market by revenue, by applications and regions. The report also gives the insights on competitive landscape, market share by companies, company profiles, market drivers and restraints.
Source Link: http://www.6wresearch.com/press-releases/india-led-lighting-market-2015-2021-share-news-forecasts-shipments.html
For Further details, please contact:
Email Us: firstname.lastname@example.org
Call Now: +91-11-430-24-305
With over 1000 custom research projects, 6Wresearch is a global market research and consulting firm specializes in niche and emerging markets.The Company over the past few years has developed itself to be a renowned market intelligence company which led strong emphasis on competitive and strategic intelligence.
6Wresearch, through its integrated survey model, offers its client real time market and competitive intelligence and thus enable our clients to devise market entry strategies to target particular market and geography.
809, 8th Floor, Pearls Best Heights - II
Netaji Subhash Place, Pitampura
New Delhi, India-110034
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release India LED Lighting Market (2015–2021)-6Wresearch here
News-ID: 374220 • Views: 613
More Releases from 6Wresearch- Market Intelligence Solutions
Qatar 3D Printing Market Is Projected To Grow At A CAGR Of 19.6% During 2021-202 …
The fused deposition modelling printer acquired majority revenue and volume share in the year 2020– 6WResearch 3D Printer market is mainly import driven in Qatar and major importing partners are Italy and China. Qatar government is promoting 3D technological development in the country. Thus, there’s no value added tax imposition on import of 3D printers, only general duty is implied which would boost the adoption rate of 3D printers in the
India Agriculture Equipment Market (2019-2025)
Market Forecast By Products (Tractors ( Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Harvesters (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Threshers (Up To 30 HP & 30.1 HP- 70 HP), Pumps (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP, 130.1 HP- 200 HP & Above
Commercial Application To Drive The Growth Of UPS Systems In Vietnam - 6Wresearc …
UPS systems are witnessing mounting adoption by different end-user applications ranging from residential households, small commercial offices to large industrial enterprises. Moreover, factors such as inflow of FDI in industrial and manufacturing segments, growing power demand and increasing infrastructure projects in Vietnam have further fueled the demand for UPS systems in the country. According to 6Wresearch, Vietnam UPS Systems Market Revenues are projected to grow at a CAGR of 4.7% during
India Building Automation and Control Market (2017-23)
Market Forecast by Types (HVAC (Thermostat Controller, Zone & Climate Control, Temperature Sensor and Others), Lighting & Control System (Relay System & Controllable Breaker, Sensors & Dimming Systems and Others), Safety & Security System (Video Surveillance Systems, Access Control Systems, Intrusion Detection Systems and Fire & Safety Equipment) and Others), Verticals (Government & Transportation, Retail, Commercial Offices, Residential, Healthcare & Hospitality and Others), Regions (Northern, Eastern, Western and Southern) and
More Releases for LED
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=68754 Table of Contents: Table of Contents Global LED Driver (LED Lighting Driver) Market Research Report
Global LED Drivers Market 2017 Trends By Product(Buck-Boost LED Drivers, Multito …
Scope Of Global LED Drivers Market Research Report 2017 Global LED Drivers Market Report Based On Defination, Status and Forecast 2022 contains a market overview of the industry which talks about market Application, production, Consumption, revenue, Gross margin, sales volumes and figures, growth estimation in coming years, current industry leaders and their sales/revenue metrics. Request For Free Sample Report Here : https://www.reportsmonitor.com/request-sample/?post=489550 This report studies the global LED Drivers market, analyzes and
LED Flashlight Market 2017 - SureFire, LED Lenser, Pelican, NovaTac
Apex Research, recently published a detailed market research study focused on the "LED Flashlight Market" across the global, regional and country level. The report provides 360° analysis of "LED Flashlight Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LED Flashlight industry, and estimates the future trend of LED Flashlight market on
LED Light: 2017 Global LED Light Bulb Market Outlook
Orbis Research delivers key insights on the Global LED Light Bulb Market in a new report titled “Global LED Light Bulb Market Research Report 2017-2022 by Players, Regions, Product Types and Applications.” In this report, Orbis Research sheds light on the various factors and trends impacting market growth over the forecast period (2017 – 2022). Description The Global LED Light Bulb Market report offers a comprehensive evaluation of the Global LED