Words of Wisdom:

"If you deserve to win something but don't, then whoever -did- win obviously cheated." - Philipk31

Market Overview on India Led Lightning Industry to 2015

  • Date Submitted: 10/30/2015 10:57 PM
  • Flesch-Kincaid Score: 57 
  • Words: 579
  • Essay Grade: no grades
  • Report this Essay
Market reports on India presents the latest report on “Market Overview on India LED Lightning Industry to   2015” http://www.marketreportsonindia.com/consumer-goods-market-research-reports-13107/india-led-lightning.html India Lighting market is provide projected to grow even in future due to excellent growth in the LED Lighting industry.

31th Oct 2015, – Navi   Mumbai, India: Market reports on India presents the latest report on “Market Overview on India LED Lightning Industry to   2015”. This report provide the growing awareness about LED lighting in the Southern India has proved to be the important market for LED lighting companies.
The Indian market continues to be mainly driven by government which makes up 51 percent of all LED orders. 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 market, is anticipated to reach 62% by the year 2021.

The report reveals that Philips, 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 growing awareness about LED...

Comments

Express your owns thoughts and ideas on this essay by writing a grade and/or critique.

  1. No comments