DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Indian LED Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017 - 2022" report to their offering.
The Indian LED Lighting market was worth around US$ 3.7 Billion in 2016, growing at a CAGR of around 17.5% during 2009-2016.
Indian LED Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022 provides a techno-commercial roadmap for setting up an LED manufacturing plant.
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. As India represents one of the biggest lighting markets, it offers a lucrative option for LED manufacturers to set up their facilities in the region. Skilled labor, ease of doing business and demographic advantages provides a sustainable environment for the LED industry.
Currently, the demand for 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.
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.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
5 Global LED Lighting Industry
6 Why is the LED Market so lucrative in India
7 Indian LED Lighting Industry
8 Market by Product Type
9 Market by Application
10 Competitive Landscape
11 LED Manufacturing Process
12 Project Details, Requirements and Costs Involved
13 Loans and Financial Assistance
14 Project Economics
15 Key Player Profiles
For more information about this report visit http://www.researchandmarkets.com/research/5hhpgs/indian_led