DUBLIN, Dec 5, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "India Light Emitting Diodes (LEDs) Market - Drivers, Opportunities, Trends, & Forecasts: 2015-2022" report to their offering.
LEDs market in India is expected to grow at a CAGR of 32% during the forecast period to reach $3.4 billion by 2022.
The Indian government in favor of LEDs product usage has rolled out consumer subsidies and benefits. Further, the government has also been helpful with favorable trade tariffs for importing LEDs for product manufacturing. LEDs lighting penetration in India is expected to increase exponentially during the forecast period replacing the traditional halogen and incandescent lamps even in rural areas.
Indian economy is a fast developing economy with increasing per capita income and large consumer base. The increasing environmental and technological awareness coupled with the increasing disposable income has resulted in huge potential market for novel technologies, making India a key market for new products and technologies, especially in consumer market segment.
The LEDs market is analyzed based on applications areas - lighting, displays & backlights, mobile devices, signs & boards and others. The application area of lighting has further been divided into sub-application areas of indoor lighting and outdoor lighting along with bifurcation into the products of bulbs, street lights and spotlights. Outdoor lighting is expected to grow with the highest growth rate among application areas for LEDs in the Indian market.
The study covers and analyzes the India LEDs market, bringing out the complete key insights of the industry. The report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.
Key Topics Covered:
1 Introduction
1.1 Research Methodology
1.2 Market Definition & Coverage
1.2.1 Market Definition
1.2.2 Major Applications Areas
1.2.3 Major Applications Areas, by Sub Segments
2 Executive Summary
3 Market Overview
3.1 Country Trends
3.2 PESTLE Analysis
3.3 Market Drivers
3.4 Market Challenges & Inhibitors
4 India LED Market Analysis
4.1 Momentum Analysis By Applications
4.2 India LED Market Revenues, By Applications
4.3 India LED Market Volume, By Applications
4.4 India LED Market Volume, By Applications (Year-on-Year)
4.5 LED Market Revenues from Mobile Devices, By Sub-segments
4.6 LED Market Revenues from Displays, By Sub-segments
4.7 LED Market Revenues from Lighting, By Sub-segments
4.8 LED Market Revenues from Signs & Boards, By Sub-segments
4.9 LED Market Revenues from Other Applications
5 Supply Analysis, by Key Players
6 Supplier Profiles
6.1 Kwality Photonics Pvt Ltd
6.2 Bag Electronics India Pvt Ltd
6.3 Havells India Limited
6.4 Laxman Energy Products Limited
6.5 Syska Led Lights Pvt Ltd
6.6 Osram India Pvt Ltd
For more information about this report visit http://www.researchandmarkets.com/research/dl8kk7/india_light
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Research and Markets
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SOURCE Research and Markets
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