May 26 2014
Research and Markets has announced the addition of the "India LED Lighting Market Forecasts Report 2014-2019" report to their offering.
Increasing energy demand supply gap, government initiatives, growing awareness and declining prices are the factors driving the growth of LED lighting in India. Lighting consumes around 17% of the overall power, thus creating a need for energy efficient lighting. LED lighting market in India is in the nascent stage; however, the market is expected to gain significant momentum, in the coming years.
Street lighting application leads India's LED lighting market, due to various state governments' initiatives to replace incandescent bulbs with LED bulbs. For instance, in Chandigarh, streets incandescent bulbs would be replaced by LED bulbs in 18 major areas.
Kolkata and Mumbai are the key cities, implementing LED lights in street lighting application. On the other hand, applications such as indoor, automotive and railways are the fastest growing applications in Indian market.
Apart from government initiatives, companies are also coming forward to start local manufacturing of LEDs in India. Domestic player, Sahasra Electronics' is planning to invest $1.79 million to start local production of LED lighting products in India.
Key Topics Covered:
1. Introduction
1.1 Key Highlights of the Report
1.2 Report Description
1.3 Markets Covered
1.4 Methodology Adopted and Key Data Points
2. Market Overview
2.1 India LED Lighting Market- Snapshot
2.2 Industry Life Cycle
2.3 LED Lighting Benefits
2.4 Market Share
2.4.1 Market share (2013)- By Lighting Types
2.4.2 Market share (2013)- By Applications
2.5 India LED Lighting Market- Drivers & Restraints
2.5.1 Market Drivers
2.5.1.1 Government Initiatives
2.5.1.2 Need for Energy Efficiency
2.5.1.3 Falling Price of LED
2.5.2 Market Restraints
2.5.2.1 Lack of Awareness
2.6 India LED Lighting Market Trends
2.6.1 Imported LED
2.6.2 Demand for Energy Management
2.6.3 Growing Smart Homes Market
2.6.4 Demand for Green Buildings
3 India LED Lighting Market
3.1 India Lighting Market
3.2 India LED Lighting Market
4 Application Market
4.1 Street lighting
4.2 Outdoor Lighting
4.3 Industrial
4.4 Railways
4.5 Automotive Lighting
4.6 Indoor Lighting
4.7 Others
5 Competitive Landscape
5.1 Porter's 5 Forces Model
5.1.1 Rivalry Among Existing Firms
5.1.2 Bargaining Power of Buyers
5.1.3 Bargaining Power of Suppliers
5.1.4 Threats from New Entrants
5.1.5 Threat From Substitutes
For more information visit http://www.researchandmarkets.com/research/gczsn2/india_led