India LED Lighting Market Forecast by XEQRBk4g

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INDIA - LED Lighting Market Forecast
According to ElectroniCast, the consumption value of LED lamps in India is forecast to reach
$1.09 billion in the year 2017, representing an average annual growth rate of 62.2 percent…

Aptos, California (USA) – December 17, 2012 -- ElectroniCast Consultants, a leading
market & technology forecast consultancy, today announced their 5-year market
forecast of the consumption of light emitting diode (LED) lamps in General Lighting
applications in India.

According to ElectroniCast, the consumption value of LED lamps, which are used in
stationary (non-vehicle) lighting, are projected to reach $97.11 million in 2012;
consumption value is forecast to increase at an average annual growth rate of 62.2
percent to an impressive $1.09 billion in 2017. The consumption value will increase
with extremely strong rising quantity growth partially offset by declining average prices.

The ElectroniCast market forecast of consumption is presented for six major lamp-type
categories. The lamp categories, in turn, may have multiple sub-categories, which are
determined by lamp luminous flux and/or the physical size of the lamp. The market
forecast is also segmented by three major End-User categories: Government;
Commercial/Industrial; and Residential/Non-Specific

The Commercial/ Industrial group is especially strong in the General Service lamps and
PAR lamps; however, MR compatible lamps are forecast to begin replacing halogen-
based MR lamps in many retail-type settings (displays and ceiling lighting), thus MR
compatible lamps are forecast with an average annual growth rate of over 70% in the
Commercial/ Industrial application. Street lighting used for roadways, parking lots and
campuses is forecast to maintain a strong presence consumption value, in the
Commercial/ Industrial group, especially with the lamp’s high average selling price
compared to other-types of lamps.

Residential is forecast with relative strong use in the General Service lamp types;
however MR compatible are also forecast with a strong market share, used in modern
ceiling lighting and fixtures. Street Lighting is forecast to dominate the Government
application. LED-based Linear (tube) lamps, which offer an alternative to the standard
fluorescent tube lamps are forecast to remain relatively minor, at least near-term (2012-
2017).




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This market forecast report is available immediately from ElectroniCast Consultants (fee $4,400). For
detailed information on this or other services provided by ElectroniCast, please contact


ElectroniCast Consultants specializes in forecasting trends in technology forecasting, markets and
applications forecasting, strategic planning and consulting. ElectroniCast Consultants, as a technology-
based independent forecasting firm, serves industrial companies, trade associations, government
agencies, communication and data network companies and the financial community. Reduction of the
risk of major investment decisions is the main benefit provided. ElectroniCast Consultants’ goal is to
understand the challenges and opportunities facing clients and to provide timely, accurate information for
strategic planning.

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According to ElectroniCast, the use of LED lamps in general lighting in India is projected to reach
reached $97.1 million in 2012; and forecast to increase to $1.09 billion in 2017…

                        INDIA – LED Lamps Used in General Lighting
                         Market Forecast (Value Basis, US$ Million)



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                          2012          2013          2014          2015          2016          2017
 Value (US$, Million)     97.1          151.7         241.9         393.1         649.9        1091.6




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