News

Indian LED Lighting Market Outlook, Demand, Trends, Top Companies and Future Growth by 2026

According to IMARC Group’s latest report, titled “Indian LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Indian LED lighting market reached a value of US$ 3.58 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 28.3% during 2021-2026.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

Request for a free sample copy of this report: https://www.imarcgroup.com/indian-led-lighting-market/requestsample

A light-emitting diode (LED) refers to a semiconductor device that emits light when the electric current is passed through a microchip. LED lighting products offer compact size, high durability, low heat output, minimum radiation emission, and consume less power. LED lights are more efficient in comparison to other light bulbs, owing to which, incandescent and fluorescent lights are prominently being replaced by LED lighting systems.

Market Trends and Drivers:

The increasing demand for energy-efficient lighting system, along with a significant decline in the price of LED, is primarily augmenting the Indian LED lighting market growth. Furthermore, the growing environmental concerns have propelled the use of LED lighting products for reducing the carbon emissions from conventional fluorescent lights in the country. Moreover, the rising use of LED lights in automotive parts, signals and signage, mobile devices, etc., is also augmenting the market growth. Additionally, the increasing demand for LED in architectural lighting across both commercial and residential sectors is further bolstering the growth of the market.

Indian LED Lighting Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the Indian LED lighting market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Bajaj
  • Osram
  • Surya
  • Philips
  • Halonix
  • HQ Lamps
  • Havells
  • Crompton

Key Market Segmentation:

The report has segmented the Indian LED lighting market on the basis of product, public & private markets, indoor & outdoor markets, end-use sector and region.

  • Indian LED Lighting Market by Product
  • Indian LED Lighting Market by Indoor and Outdoor Markets
  • Indian LED Lighting Market by Public and Private Markets
  • Indian LED Lighting Market by End-Use Sector
  • Indian LED Lighting Market by Region

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/indian-led-lighting-market

Key Highlights of the Report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • The Impact of COVID-19 on the Market
  • Value Chain Analysis
  • Structure of the Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: [email protected]
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Related posts
News

Set your Brand apart with custom boxes

The market is filled with many businesses, big and small. Each business has the main aim to be the…
Read more
News

Heavy-Duty Automotive Aftermarket Market Opportunity and Forecast

According to IMARC Group’s latest report, titled “ Heavy Duty Aftermarket Market: Global…
Read more
News

Healthcare Cold Chain Logistics Market Growth and Forecast by 2026

According to IMARC Group’s new report, titled “Global Healthcare Cold Chain Logistics Market…
Read more
Newsletter
Become a Trendsetter

Sign up for BeRoyalExtreme’s Daily Digest and get the best of Fashion Trends, tailored for you.

Leave a Reply

Your email address will not be published. Required fields are marked *