openPR Logo
Press release

ndian LED Lighting Market driven by Increasing Investments and Government Initiatives

05-17-2017 02:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

ndian LED Lighting Market driven by Increasing Investments

In the past several years, LED lights have emerged as a viable source of lighting in India as a result of various factors such as energy-efficiency, longer life, easy digital control, etc. Owing to this, the Indian LED market is expected to reach a value of nearly US$ 7 Billion by 2022.

The latest report by IMARC Group titled, “Indian LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the Indian LED lighting market reached a value of US$ 1.1 Billion in 2016, growing at a CAGR of more than 55% during 2009-2016. LED lights have emerged as a powerful source of lighting in India. As compared to the conventional lighting sources, Light Emitting Diode or LED lights are more energy-efficient and environment-friendly. Moreover, they have a longer life, more colour variants and easy digital control which have contributed in influencing their demand among the consumers. As one of the biggest representatives of lighting markets, India also offers a lucrative option for LED manufacturers to set up their facilities in the region such skilled labour, ease of doing business and demographic advantages.

Get Sample of the Report: http://www.imarcgroup.com/request?type=report&id=720&flag=B

Highlights of the Indian LED Market:

In India, the market growth is influenced by cost-effectiveness, government support and infrastructural development.
Philips is the largest player in the market.
The market is expected to reach a value of nearly US$ 7 Billion by 2022.

The LED market has emerged as one of the fastest growing markets in India. The primary factor which has helped in driving the market growth is the active participation of the government. Over the past several years, the Indian government has launched various programmes to encourage investments in energy efficient lighting systems. Some of the other factors which have helped in advancing the market include rising demand for these lights in the automobile industry, environmental concerns such as global mandate to address GHG emissions, infrastructural development, etc. Owing to this, the market is further expected to reach a value of nearly US$ 7 Billion by 2022.

The market is segmented on the basis of different LED products. The bulb & tube light segment dominates the market, accounting for a third of the total share. It is followed by panel lights, street lights, down lights and flood lights. On the basis of regional segmentation, the Southern Indian region dominates the Indian LED lighting market, accounting for more than a third of the total market share. It is followed by the Northern India, Western India and Eastern India. An evaluation of the competitive landscape provides details of the major players operative in the market. Some of the key players include Philips, Surya, Crompton, Bajaj, Halonix and Havells.

Browse full report with TOC @ http://www.imarcgroup.com/indian-led-lighting-market

The report provides a techno-commercial roadmap for setting up an LED manufacturing plant. The study, which has been done by one of the world’s leading research and advisory firms, covers all the requisite aspects of the India LED lighting market. This ranges from macro overview of the market to micro details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics including expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the LED industry in any manner.

The report has evaluated the Indian LED market on the basis of:

Market by Product Type
Panel Lights
Down Lights
Street lights
Bulb & Tube Lights
Flood Lights

Market by Application
Commercial Applications
Residential Applications
Institutional Applications
Industrial Applications

Key Player Profiles
Philips
Surya
Crompton
Bajaj
Halonix
Havells

Find more reports related to Technology & Media Industry @ http://www.imarcgroup.com/categories/technology-market-reports

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.

IMARC Group
610 North Randolph Street
Arlington
VA 22203
Tel no: +1-631-791-1145
Email: sales@imarcgroup.com
Website: www.imarcgroup.com
Follow us on twitter: @imarcglobal

This release was published on openPR.

Permanent link to this press release:

Copy
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 ndian LED Lighting Market driven by Increasing Investments and Government Initiatives here

News-ID: 540236 • Views:

More Releases from IMARC Group

GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: 5.3%
GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: …
GCC Pet Food Market Overview Market Size in 2024: USD 266.2 Million Market Size in 2033: USD 422.9 Million Market Growth Rate 2025-2033: 5.3% According to IMARC Group's latest research publication, "GCC Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC pet food market size was valued at USD 266.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 422.9 Million by 2033, exhibiting a
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | With a 7.50% CAGR
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | Wi …
GCC Residential Real Estate Market Overview Market Size in 2024: USD 73.31 Billion Market Size in 2033: USD 147.77 Billion Market Growth Rate 2025-2033: 7.50% According to IMARC Group's latest research publication, "GCC Residential Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC residential real estate market size was valued at USD 73.31 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 147.77 Billion by
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAGR
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAG …
GCC Drones Market Overview Market Size in 2024: USD 588.2 Million Market Size in 2033: USD 2,005.3 Million Market Growth Rate 2025-2033: 13.3% According to IMARC Group's latest research publication, "GCC Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The GCC drones market size was valued at USD 588.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,005.3 Million by 2033, exhibiting a growth rate of
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Market Overview: The medical imaging market is experiencing rapid growth, driven by Growing Burden of Chronic and Age-Related Diseases, Expansion of Government-Funded Health Infrastructure and Technological Advancements in Imaging Modalities. According to IMARC Group's latest research publication, "Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global medical imaging market size reached USD 44.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach

All 5 Releases


More Releases for LED

HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets. Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside. There are many reasons that
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
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver