Kenneth Research has published a detailed report on India Architectural Lighting Market , which has been categorized by market size as well as growth indicators, and further encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2021-2025.
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of India Architectural Lighting Market By Type (Traditional Lighting, LED Lighting and Others), By End Use (Residential, Commercial, Industrial and Others) and By Region (North, West, South and East).
According to Azoth Analytics research report “India Architectural Lighting Market – By Type (Traditional Lighting, LED Lighting and Others), By End Use (Residential, Commercial, Industrial and Others), By Region (North, West, South and East) : Opportunities and Forecast (2017 – 2022)”, market in India is projected to display a robust growth represented by a CAGR of 5.78% by value during 2017–2022, chiefly driven by increase in disposable income in the country as well as rapidly growing urbanization.
Among the segments, traditional lighting products such as CFL, held the majority market share of more than x%, by value, in the year 2016. However, LED based architectural lighting products are projected to witness fastest growth. Rising environmental awareness amongst the Indian consumers in addition to eroding prices of LEDs has been instrumental in driving the ample growth rate of LED products in the region. Additionally, growing awareness regarding the benefits of energy efficient architectural lighting solutions has also been fuelling the growth in the market. Furthermore, younger consumers in the country are much more attuned to the trends in the global architectural lighting market and are thus demanding similar high end products but at a reasonable price. As a result, the architectural lighting manufacturers have been introducing an array of innovative yet economical products in the market, thereby, driving the regional growth.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Among the regions, North and South India together represents the largest regional market for India architectural lighting, chiefly driven by high per capita income as well as disposable income. The challenge that the architectural lighting market in India has been facing is the presence of extensive number of domestic and international players in the country, which has made the regional market highly competitive.
The report titled “India Architectural Lighting Market – By Type (Traditional Lighting, LED Lighting and Others), By End Use (Residential, Commercial, Industrial and Others), By Region (North, West, South and East): Opportunities and Forecast (2017 – 2022)”, has covered and analysed the potential of architectural lighting market in India and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the India architectural lighting market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Scope of the Report
India Market (Actual Period: 2012-2016, Forecast Period: 2017-2022)
• India Architectural Lighting Market, By Value
• India Architectural Lighting Market, By Type (Traditional Lighting, LED Lighting and Others), By Value
• India Architectural Lighting Market, By End Use (Residential, Commercial, Industrial and Others), By Value
Regional Markets – North India, East India, West India and South India (Actual Period: 2012-2016, Forecast Period: 2017-2022)
• Architectural Lighting Market, By Value
• Architectural Lighting Market, By Type (Traditional Lighting, LED Lighting and Others), By Value
• Architectural Lighting Market, By End Use (Residential, Commercial, Industrial and Others), By Value
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Other Report Highlights
• Market Dynamics – Trends, Drivers, Restraints
• Product Benchmarking of Key Industry Players
• Production Analysis
• Company Share Analysis
• Company Analysis – Philips Lighting India Limited, Bajaj Electricals, Crompton, Osram India Limited, Wipro Lighting, Havells India Limited.
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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