NEW YORK, Jan. 20, 2015 /PRNewswire/ -- The Light Emitting Diode (LED) market in India has been growing over 50% for the last five years (2009-10 to 2013-14) and expected to sustain this growth rate in the next five year (2014-15 to 2018-19). Although late, the government of India has announced a lot of incentives and measures in order to prioritize LED manufacturing in the country. However, there are lot of LED Lamp assembling companies in India, who design and make LED lamps but they import basic LED chip elements.
In view of the LED market potential in the country IBNA Research, a division of Indian Business News Agency (IBNA), has published a new market research report titled, "Indian LED Lighting Market Forecast to 2019".
The report starts with an introduction of India's demographic and macroeconomic indicators, including focus on Indian Cities for Growth.
Chapter Two of the report discusses the government regulations, policy and different kinds of licences and registrations for LED lighting industry. The chapter provides market entry strategy, explains entrance routes and analyses the most relevant options for the foreign LED companies to enter in the market.
Chapter Three covers the duties and taxes on LED, especially LED lamps, including detail discussion on tax rates imposed by the central government as well as the state governments.
Chapter Four explains the overall LED industry and the production of LED in India. The chapter provides the information needed to understand the dynamics of the LED industry in the country.
Chapter Five discusses the import and exports of LED including detail statistics of country-wise imports and exports. The chapter provides contact information of major importers and exporters of LED in India.
Chapter Six highlights the Indian consumer income grouping, consumer classes, their characteristics, behavior and preferences. The chapter will help the foreign LED companies to understand the mental makeup of the Indian consumers.
Chapter Seven provides prices of LED lamps in the Indian market. The chapter discusses the mechanism of formation of price of LED lamps in the country.
Chapter Eight provides elaborate coverage of Indian LED market. Providing detail statistics, the chapter analyses the market size, market growth and market share. The chapter categorizes Indian LED market into four product categories – Street Lights, Down Lights, Retrofit Lamps and Luminaires – to provide a detailed overview of past and present performance, both in value and volume terms, of each segment. The segment-wise future outlook has been given in the report which will help readers to identify the future growth spots and the market target. The chapter also provides profiles of the 20 foreign and indigenous LED manufacturing companies, to help clients understand the market, its structure and progress in the coming years.
Chapter Nine highlights various distribution networks existing in the Indian market and the market trends, potential future growth areas, and challenges for the sector.
If you are in the LED industry take a look on the Table of Content and the Figures and Tables that are provided with this description and we are sure that you will benefit greatly from the information compiled in "Indian LED Lighting Market Forecast to 2019".
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