Category Archives: LED

India Smart Lighting Market Research Report (2018-2023)

Smart Lighting

Aarkstore Market Research Enterprise entitles the new approach into a Market Research Report “Smart Lighting Market In India (2018-2023)

Market insights:

Smart lights are weather-adaptive and includes the use of Internet of Things (IoT) for lighting homes, streets, factories and commercial spaces intelligently. Lighting automation technology enables consumers to adjust lighting remotely. The Indian smart lighting market is expected to reach a value of INR 373.7 Bn by 2023, expanding at a compound annual growth rate (CAGR) of ~38.44% during the 2018-2023 period. Growth of the smart lighting market is owed to the government’s push in terms of the ‘Smart City Mission’, and ‘Digital India’ programs, as well as rising adoption of smart homes across the country.

The smart lighting market is segmented based on offering, lighting source, communication technology, and application type. Based on offerings, the smart lighting market is categorized into hardware, software, and services. Based on the lighting source, the market is classified into LED bulbs, downlights, batten lights, and others. Based on communication technology, the smart lighting market is categorized into wired technology and wireless technology. Based on the application type, the smart lighting market is classified into indoor use and outdoor use.

Lighting source-wise segment insights:

Among the different smart light sources used in India, the Light Emitting Diode (LED) bulbs segment holds the largest share (~68%), owing to its cost-effectiveness and energy saving features. Attractive discounts and rebates are also driving the market for LED bulbs, which are used for smart lighting across the country. The Street Light National Program of the Indian government is expected to further push the market for smart LED lights.

Communication technology-wise segment insights:
In the Indian market, wired technology dominates the communication technology segment of the smart lighting market with a share of ~62%. This is because wired communication technology is considered to be more reliable, due to the presence of various company-specific proprietary protocols.

Application-wise segment insights:
In India, ~55% of smart lighting is used indoors, while the remaining is used for outdoor applications. Steady adoption of connected lighting systems in residential and commercial zones contributes to the greater share of indoor applications in the Indian smart lighting market.

Key growth drivers of the market:
o The per capita income in India stood at INR 1,12,835 in March 2018, up from INR 1,03,870 in March 2017. Such an increase in the per capita income of Indians, along with rising awareness about contemporary technological advancements, has influenced the mindset of Indians towards using smart technologies. As a result, demand for smart lighting system has increased.
o Motion-detecting lighting systems are replacing the conventional lighting methods in the smart cities and business hubs in India. Therefore, the market players have sufficient opportunities to come up with new smart lighting technologies which are capable of developing energy-saving systems in India.

Key deterrents to the growth of the market:
o The high cost of IoT-enabled systems is hindering the growth of the smart lighting market in India. Owing to its high installation costs, Indian customers are developing antagonistic attitude towards the smart-lighting system, which in turn is negatively affecting the demand of the smart lights market across the country.
o The smart lighting systems installed in India has affected the health of the users in an adverse manner. Questions have arisen concerning the potential health implications of blue-rich and solid-state of the LED lights. It is predicted that prolonged exposure of human beings to short-wavelength high intensity visible lights is phototoxic to the retina. Consumers’ awareness about such adverse health impacts is hindering the growth of the smart lighting business in India.

Companies covered:
o Ajanta India Ltd.
o Bajaj Electricals Ltd.
o Havells India Ltd
o Osram India Pvt Ltd.
o Philips India Ltd.
o Samsung India Electronics Pvt. Ltd.
o Schneider Electric India Pvt. Ltd.
o Syska LED Lights Pvt Ltd.
o Wipro Ltd.

Related Reports:

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Why is LED Lighting Market so Lucrative in the GCC Region

LED LightingCurrently, LEDs are the most energy-efficient and one of the rapidly developing lighting technologies in the world. They offer numerous benefits over the conventional lighting technologies. LED lights have a longer lifespan, consumes up to 90% less electricity than the traditional lighting sources and are highly efficient with minimum radiation or heat emission. As a result, LED lights are rapidly replacing incandescent and fluorescent lights in the commercial, industrial and residential sectors in the GCC region.

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LED lighting market in the GCC region has grown at a CAGR of 20.6% during 2009-2016. Factors like growing urbanization rates, infrastructural development and concerns over emission of greenhouse gases are currently driving the growth of the LED lighting market in the GCC countries. Other factors like the new UAE regulations which restrict the imports and sales of incandescent lamps; upcoming events like the World Expo in 2020 and the FIFA World Cup in 2022, the ongoing green building movement, increasing government support and a ban on inefficient lighting technologies are further expected to create a massive demand for LED lighting in the major GCC markets. Currently, Saudi Arabia and UAE represent the two biggest markets for LED lights in the region.

“GCC LED Lighting Market – Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022” provides a techno-commercial roadmap for setting up an LED manufacturing plant in the GCC region. The study covers all the requisite aspects of the LED market. This ranges from macro overview of the market to micro details of the industry performance, manufacturing requirements, project cost, project funding, project economics including expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the GCC LED industry in any manner.

Products Manufactured:
Panel Lights
Flood Lights
Down Lights
Street Lights
Tube Lights
Bulbs

Technical and Financial Analysis:
Manufacturing Process
Raw Material Requirements
Land Requirements
Construction Requirements
Manpower Requirements
Utility Requirements

Key Questions Answered in This Report:

How has the GCC LED lighting market performed so far and how will it perform in the coming years?
What are the key regional markets in the global GCC LED lighting industry?
Which are the key end-use industries in the GCC LED lighting industry?
What are the various stages in the value chain of the GCC LED lighting industry?
What are the key driving factors and challenges in the GCC LED lighting industry?
What is the structure of the GCC LED lighting industry and who are the key players?
What is the degree of competition in the GCC LED lighting industry?
What are the profit margins in the GCC LED lighting industry?
What are the key requirements for setting up LED lights manufacturing plant?

Related Market Research Reports:

Global OLED Lighting Sales Market Report 2017

China OLED Lighting Market Research Report 2017

Global LED Lighting Controllers Market Professional Survey Report 2017

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LEDs Used in Signage/Professional Displays Global Market Review & Forecast (2011-2017)

NEWS RELEASE

 LEDs Used in Signage/Professional Displays Global Market Review & Forecast (2011-2017)

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Upper Lake, CA (USA) – June 8, 2012  — ElectroniCast Consultants, a leading market research consultancy, today announced the release of a new market forecast of the global market consumption of packaged Light Emitting Diodes (LEDs) used in signage and professional displays.  The consumption value will increase with rising quantity growth largely offset by declining average prices.

According to the study results, the global consumption value LEDs used in signage & professional displays in 2011 was over $1.63 billion, up from $1.5 billion in 2010. In the year 2017, consumption is forecast to reach $3.3 billion. In terms of consumption value, high brightness (HB) LEDs holds a relative market share of nearly 67 percent in 2012.

 The American region (South, Central and North America) and the Asia Pacific region (APAC) are even in market share (2012); however, the APAC region is forecast to expand at a faster pace.

 The Europe, Middle East and African region (EMEA) holds over 20 percent share of global consumption value in 2012; however, is forecast for relatively flat growth for the next few years.

 This 2011-2017 market review and forecast is presented for Standard-type versus High Brightness- (HB) type LEDs used in signage and professional displays. High Brightness (HB) light emitting diodes (LEDs), defined by ElectroniCast, are component-level bulbs with a Lumens/Watt rating of 30lm/W and above (>30lm/W); Standard-type LEDs have a Lumen/Watt rating of less than 30lm/W (<30lm/W).

This application category includes covers LEDs that are used signs and displays. LEDs are used in building facades, large outdoor video screens, digital billboards, sport/stadium displays, small indoor retail displays, food displays (restaurants/ supermarkets), signs on taxis and destination signs on mass-transit vehicles, channel-lettering/light-boxes, LED/LCD TV screens (used exclusively for professional purposes), and the list continues.

The market share leader, in terms of volume (the quantity/number of LEDs), are the standard-type LEDs, with over 95 percent last year in 2012; however, since there is a huge difference in average selling prices between HB-LEDs and standard LEDs, the HB-LEDs hold the consumption value leadership position.

The High-Brightness (HB) category also includes Ultra-High Brightness (UHB) light emitting diodes (LEDs with a Lumen/Watt rating of over 70lm/W).  The ASP for both conventional (standard) and HB LEDs will decrease annually; however, Ultra High Brightness LEDs (UHB-LEDs) prices have a substantial premium over the HB-LEDS, and although currently there is a relatively small use of UHB-LEDs in this application, as the use of UHB-LEDs increase, the over-all effect shows the HB-LED category with only a slight annual decrease, in terms of average selling prices (2011-2017).

 Note: Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

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Light Emitting Diode (LED) Used in Signage & Professional Display
Global Market Forecast ($, Billion)

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