Академический Документы
Профессиональный Документы
Культура Документы
OPTOELECTRONICS S&T
Top LED Street Light, LED High Bay Light, LED Down Light, Manufacturer and Exporter
Home
Products
Solutions
News
More>>
Spark Dynamic
Projects
Applications
-All-
Certifications
News
Market Analysis
FAQ
About us
Contact us
Industry Focus
Exhibition News
Declining LED prices coupled with favorable government initiatives to drive LED lighting market in India during 2015-2020.
India's LED lighting market is currently at a nascent stage. Though the LED market is already growing at a robust pace over
the last 2-3 years, the country offers huge growth potential, especially over the next 5-10 years. Increasing adoption of LED
Spark Project
More>>
lighting is being witnessed across commercial and residential sectors, government projects, upcoming smart building
projects, etc. According to a recently published reportIndia LED Lighting Market Forecast & Opportunities, 2020", the
country's LED lighting market is projected to register a growth of over 32% during 2015-20.
Key factors that are expected to boost the market include declining LED prices coupled with favorable government initiatives
to provide LED lights at subsidized cost and LED installation projects for streetlights. In addition, growing awareness
among consumers on account of awareness programs by manufacturers and regulatory bodies is expected to play a vital
role in shaping the country's LED market over the next five years.
Spark News
More>>
"With manufacturing cost witnessing a decline every year and various government initiatives backing LED adoption, the LED
lighting market in country is anticipated to grow robustly through 2020. Moreover, rising consumer awareness about costeffectiveness and eco-friendliness of LED lights would continue to drive volume sales from the residential and well as
commercial sectors. said Mr. Karan Chechi, Research Director.
The report highlights that considering the growing adoption of LED lighting, various major players are planning to set up
their manufacturing units in India in future. Philips, Havells, Syska, Innovlite and GE are few of the leading players operating
in the India's LED lighting market, however, various new entrants are expected in foray into the market in the coming years
as well.
Manufacturer
Online Message
Top
Name:
Company:
Phone:
E-Mail:
Country:
Content:
E-mail : sales@spark-oe.com
http://www.spark-oe.com/market-analysis/1112.html
1/2
2/28/2015
Enclosure:
Submit
Partner
Reset
[Ctrl+Enter]
More>>
CREE
LUMILEDS
WALMART
Home
Products
Solutions
Projects
Applications
News
FAQ
About us
Contact us
Sitemap
LED Light Manufacturer|LED Light Product|LED Light Project|LED Factory|Hot Search|Privacy policy|Terms & Condition
Page Copyright SHENZHEN SPARK OPTOELECTRONICS S&T CO.,LTD.
http://www.spark-oe.com/market-analysis/1112.html
ICP10060486
2/2