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Market Overview:
The Indian LED Lighting market reached a value of US$ 2.87 Billion in 2019, grew at a CAGR of 47% during 2011-2019. The market is expected to grow at a CAGR of 34.3% during 2020-2025. 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 labour, ease of doing business and demographic advantages provides a sustainable environment for the LED industry.
Indian LED Lighting Market Drivers:
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. Looking forward, the market is expected to exhibit strong growth during the next five years.
IMARC’s latest study “Indian LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025” 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.
Markets Analysed:
- Indian Lighting Market
- Indian LED Lighting Market
- Indian LED Lighting Market by Product
- Indian LED Lighting Market by End-Use Sector
- Indian LED Lighting Market by Region
- Indian LED Lighting Market by Public and Private Markets
- Indian LED Lighting Market by Indoor and Outdoor Markets
Products Manufactured:
- Panel Lights
- Flood Lights
- Down Lights
- Street Lights
- Tube Lights
- Bulbs
Technical and Financial Analysis:
- Manufacturing Process
- Raw Material Requirements
- Land Requirements
- Construction Requirements
- Manpower Requirements
- Utility Requirements
- Packaging Requirements
- Capital Investments
- Operating Expenses
- Incomes
- Profit Margins
- Return on Investment
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Competitive Landscape:
Indian LED lighting market is highly fragmented with the presence of several small and large manufacturers competing in terms of price and quality. Ericsson others driver download for windows 10 bit. Some of the major players in the market are:
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- Philips
- Surya
- Crompton
- Bajaj
- Halonix
- HQ Lamps
- Osram
- Havells
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Key Questions Answered in This Report:
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- How has the global LED market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global LED industry?
Which are the key application areas in the global LED lighting industry? - What are the key product types in the global LED lighting industry?
- How has the Indian LED market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Indian LED lighting market?
- What are the key product types in the Indian LED lighting industry?
- Which are the key application areas in the Indian LED lighting industry?
- What are the key regional markets in the Indian LED lighting industry?
- What are the various stages in the value chain of the Indian LED lighting industry?
- What are the key driving factors and challenges in the Indian LED lighting industry?
- What is the structure of the Indian LED lighting industry and who are the key players?
- What is the degree of competition in the Indian LED lighting industry?
- What are the profit margins in the Indian LED lighting industry?
- What are the key requirements for setting up LED lights manufacturing plant?
- How LED panel lights are manufactured?
- How LED flood lights are manufactured?
- How LED down lights are manufactured?
- How LED street lights are manufactured?
- How LED tube lights are manufactured?
- How LED bulbs are manufactured?
- What are the various unit operations involved in a LED lights plant?
- What is the total size of land required for setting up LED lights plant?
- What are the machinery requirements for setting up LED lights plant?
- What are the raw material requirements for setting up LED lights plant?
- What are the packaging requirements for various LED lights?
- What are the transportation requirements for LED lights?
- What are the utility requirements for setting up LED lights plant?
- What are the manpower requirements for setting up LED lights plant?
- What are the infrastructure costs for setting up LED lights plant?
- What are the capital costs for setting up LED lights plant?
- What are the operating costs for setting up LED lights plant?
- What will be the income and expenditures for LED lights plant?
- What is the time required to break-even?