According to Infoholic Research, Indian LEDs market is expected to grow at a CAGR of 32.0% during the forecast period 2016–2022 to reach $3.4 billion by 2022
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THE REPORT CONTAINS THE FOLLOWING
1) Brief
2) Report Segmentation
3) Infographics (Trends and Forecast)
4) Key players
5) Benefits
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Indian lighting market has been witnessing a shift from traditional light sources to non-conventional
products such as LEDs. Although, the product manufacturing companies still have to rely heavily on
imports for LEDs supply, yet the market is witnessing high growth owing to government support in
terms of favorable import policies and subsidies in the consumer segment.
Indian LEDs market is expected to grow at a CAGR of 32.0% during the forecast period 2016–2022
to reach $3.4 billion by 2022
Lighting segment is expected to contribute the largest contribution towards the growth whereas
the highest growth is expected from mobile devices segment which is expected to be benefitted by
technological development, decreasing LEDs price and increasing disposable income of Indian
consumers.
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BRIEF INTRODUCTION
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INDIA LED MARKET REVENUE BY APPLICATIONS
Note: Readings are hidden; you can find the complete report at Infoholic Research.
2015 2016 2017 2018 2019 2020 2021 2022
(In$M)
LED Market Revenue Forecast
Lighting Displays / backlights Mobile Devices Signs Others (Automotive etc)
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The reports consists of insight analysis of the following companies
Kwality Photonics Pvt Ltd
Bag Electronics India Pvt Ltd
Havells India Limited
Laxman Energy Products Limited
Syska Led Lights Pvt Ltd
Osram India Pvt Ltd
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KEY PLAYERS
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• This study covers and analyzes one of the growing and revolutionizing markets in terms of light
sources in India – Light Emitting Diodes (LEDs). Bringing out the complete key insights of this market,
the aim of this report is to provide the business opportunities for players to understand the adoption
rate of LEDs types in various industry sectors, latest trends, current and future market scenarios, and
emerging technologies related to the Indian LEDs market. Some of the key points featured in the
report aiming to help the industry participants are mentioned below.
• The report provides a complete detail about the LEDs’ adoption rate, applications and major market
trends, drivers, restraints and opportunities in each LED product application areas and the market
trends which are going to support the LEDs adoption in each industry. These information helps the
stakeholders to understand about the current and future market scenarios to focus or expand/invest
in specific verticals.
• This report helps the stakeholders to understand the market competitiveness and available
opportunities in Indian LEDs market. The analysis of the study provides an opportunity to the players
to improve their current business approach by providing strategic intelligence about the competition.
Some of the key industry players profiled include Havells India Limited, Osram India Pvt. Ltd., SYSKA
LED Lights Pvt. Ltd., among others.
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BENEFITS
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