India Lighting Controls & Systems Market Discussed in In-Demand Verify Markets Report Available at MarketPublishers.com16 Apr 2013 • by Natalie Aster
LONDON – Growing energy costs as well as the rising number of conservation initiatives have become the top drivers of the growth of the Indian market for lighting controls. In 2012, the market was estimated at above USD 300 million and continues growing at a CAGR of over 10.5 percent. Government initiatives and the introduction of compulsory energy codes ignite the market growth too.
South India accounts for the largest portion of the whole market for lighting control and systems. The market for lighting control devices is ruled by such majors as Lutron Electronis Co. Inc, Legrand, Philips Electronics N.V.-(Dynalite), to name a few. Meantime, Bajaj Electricals Ltd, Crompton Greaves Limited and Wipro Limited are amid the key participants in the lighting control gears market.
Market research report “Indian Lighting Control and Systems Market” drawn up by Verify Markets offers detailed examination of the India market for lighting controls and systems. The report contains in-depth overview of market, discloses its size as well as forces igniting and restraining its growth. Data on the market segments, revenue split by region, market share of top players, distribution trends; information on revenues by product type, distribution channel and end-users can be found in the research study as well. Besides, future market outlook is available in the report.
Indian Lighting Control and Systems Market
Published: January, 2013
Price: US$ 2,500.00
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