The industry research focuses on the various segments of the lightning market in India, namely GLS, FTL, CFL, special lamp, other lamps, luminaries, control gear and high mast, accessories and components.
Transcript of "An upcoming research report on the lightining market in india"
AN UPCOMING MARKET RESEARCH REPORT ONTHE LIGHTNING MARKET IN INDIAThe industry research focuses on the various segments of the lightning market in India,namely GLS, FTL, CFL, special lamp, other lamps, luminaries, control gear and high mast,accessories and components. The Indian lighting market has grown at a CAGR 13% fromFY’2005-Y’2011, with USD 2.1 billion market in 2011. The compact florescent lamps arethe major contributor, with a share of 32%, in the overall lighting market in India forFY’2011. The report looks in the future aspect of the lighting market in India, whileconsidering the various growth drivers, and restraints in the market. The report alsoshowcases how the market is fragment among various players. The report includes the legalaspects of the market, emphasizing on the government regulations and standardization of theproducts.The report focuses on the emerging LED market in India and the evolving concept of Indianlighting market due to the exposure to sophisticated interior lighting devices in offices,homes, restaurants and hotels overseas. The Indian lighting market is expected to see abrighter, more energy efficient and environment friendly future, with the penetration of theLED market in India.Research Methodology Used:Several statistical methods such Covariance, Correlation, Regression and Coefficient ofDetermination (R square) analysis are used to assess the industry performance and analyzethe future outlook of the industry.We also analyze several socio-economic, demographic, political, and regulatory marketfactors which directly or indirectly affect the industry performance by indicating their degreeof impact in the cause and effect relationship between them. The reason for selected thesemacro-economic and industry factors are also explained.The research team builds a multi factor regression model by first identifying the correlation(whether linear or non-linear) between the dependent and independent variables. Aftercalculating the degree and strength of relationship between the variables, the regressionmodel is used to calculate the sensitivity of each factor on the dependent variable. Finally, theexpected value and sensitivity of the independent variable is used to determine the futurevalue of dependent variable.Data Collection Methods:In terms of data collection, the report has used both primary and secondary data sources.Secondary Data Sources: Secondary data sources includes the analysis of existing macroeconomic and demographic factors, obtained from national statistics of several countries andfrom magazines, journals and online articles The secondary data sources are used to form theinitial perception and contention on several forces playing their role in determining the futuregrowth in the industry.
Primary Data Sources: Structured interviews are conducted through telecon and emails withseveral industry veterans including major decision makers of companies operating in thesector, representatives of several associations and research institute and industry veterans.These interviews help the research team to authenticate the data collected from secondarydata sources and to reject or accept the hypothesis regarding the future projections.About AM Mindpower SolutionsAM Mindpower Solutions is a market research company which offers global industry marketresearch analysis report and industry forecast. We have core expertise in evaluating severalindustries and verticals including pharmaceutical industry research report, insurance report,apparel industry report and healthcare marketing research report.We also offer insight in mergers and acquisitions and Venture Capital & Private EquityInvestment landscape pertaining to India across sectors such as Education, E-Commerce,Food & Beverages and Healthcare among others.For more information on the upcoming publication please refer to the below mentioned link:http://www.ammindpower.com/press-release.php?a=109