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The light emitting diode (LED) lighting market in india is forecasted to grow by USD 2.93 billion during 2024-2029, accelerating at a CAGR of 11.4% during the forecast period. The report on the light emitting diode (LED) lighting market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by declining manufacturing cost of led lights, phasing out halogen, incandescent, fluorescent, and hid lamps, and increasing demand for led lighting in hazardous areas.
The light emitting diode (LED) lighting market in india is segmented as below:
By Product
- Luminaries
- Lamps
By Application
- Indoor
- Outdoor
By Distribution Channel
- Offline
- Online
By Geographical Landscape
- APAC
The report on the light emitting diode (LED) lighting market in india covers the following areas:
- Light Emitting Diode (LED) Lighting Market in India sizing
- Light Emitting Diode (LED) Lighting Market in India forecast
- Light Emitting Diode (LED) Lighting Market in India industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by Application
10 Market Segmentation by Distribution Channel
11 Customer Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the light emitting diode (LED) lighting market in india: Axiom Controls Pvt. Ltd, Bajaj Electricals Ltd., Crompton Greaves Consumer Electricals Ltd., Diamond Lighting, Eltecks India Pvt. Ltd, Eveready Industries India Ltd., Halonix Technologies Pvt Ltd., Havells India Ltd., Jaquar India, Koninklijke Philips NV, KwalityIndia.com, Magik LED, Nirvana Light, Orbit Lightings, Oreva, Polycab India Ltd., Surya Roshni Ltd, Syska Led Lights Pvt. Ltd., UM Green Pvt. Ltd., and Wipro Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is government initiatives propelling demand for led lights."
According to the report, one of the major drivers for this market is the declining manufacturing cost of led lights.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Axiom Controls Pvt. Ltd
- Bajaj Electricals Ltd.
- Crompton Greaves Consumer Electricals Ltd.
- Diamond Lighting
- Eltecks India Pvt. Ltd
- Eveready Industries India Ltd.
- Halonix Technologies Pvt Ltd.
- Havells India Ltd.
- Jaquar India
- Koninklijke Philips NV
- KwalityIndia.com
- Magik LED
- Nirvana Light
- Orbit Lightings
- Oreva
- Polycab India Ltd.
- Surya Roshni Ltd
- Syska Led Lights Pvt. Ltd.
- UM Green Pvt. Ltd.
- Wipro Ltd.
