Indian LED Lighting Market: Analysis & Forecast 2018-2023
Posted by Sophia Jones on December 27th, 2018
Market Reports on India Provides the Trending Market Research Report on“Indian LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”under Consumer Goods category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Summary
Indian LED Lighting market was worth US$ 1.5 Billion in 2017, growing at a CAGR of around 52% during 2010–2017.LED lights have emerged as a powerful source for lighting over the past several years. Due to their numerous advantages over conventional lighting technology, they have swiftly gained prominence in the Indian lighting market. Although Indian LED lighting market is at a nascent stage, it offers innumerable opportunities for growth over the next few decades.
Request a free sample copy of LED Lighting Market Report @ http://www.marketreportsonindia.com/marketreports/Sample/Reports/826227
LED lighting systems is primarily concentrated in the North and South regions due to growing urbanization rates and increasing number of government initiatives that encourage the use of LED lights. The government’s support through various regulations that promote the investments in energy efficient lighting technologies have expanded the applications of LED lights across various industrial, commercial and residential sectors.
Scope
- A rapidly growing automotive industry also provides productive opportunities for the use of LEDs in head lamps, rear lamps, turn signal and brake lights.
- Other important factors such as increasing infrastructural investments, rapid growth of street lighting systems, decline in average prices of LEDs and various government and upcoming smart building projects are expected to drive the demand of LED lights in India.
- Provides a techno-commercial roadmap for setting up an LED manufacturing plant.
- Skilled labour, ease of doing business and demographic advantages provides a sustainable environment for the LED industry.
Reasons to buy
- 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.
- All those who have any kind of stake or are planning to foray into the LED industry in any manner.
Browse our full report with Table of Contents :
http://www.marketreportsonindia.com/marketreports/indian-led-lighting-market-industry-trends-share-size-growth-opportunity-and-forecast-2018-2023/826227
About Market Reports on India:
Market Reports on India is an excellent source to obtain top quality market research reports that helps you to understand the business in the Indian market. We cover various industries, identifying and understanding key macro and micro-economic trends, insights and futuristic growth opportunities. To help achieve all this and more, Market Reports on India is the answer to all your business needs.
Contact us at:
Market Reports on India
Tel: +91 22 27810772 / 27810773
Email: poonam@bharatbook.com
Website: www.marketreportsonindia.com
Follow us on : Twitter, Facebook, LinkedIn, Google Plus
