LED Market Research - LED Lamps in India

LED Lamp Consumption in India (Overview), 

by Stephen Montgomery - ElectroniCast 

In 2010, the consumption value of LED lamps in India, which are used in SSL General Lighting, reached $37.95 million; consumption value is forecast to increase at an average annual growth rate of 59.4 percent to $390.53 million in 2015.  The consumption value is forecast to increase with strongly rising quantity growth partially offset by declining average prices.

The use of LED-based lamps in SSL – General lighting is driven by promised savings in using less energy, longer operating life, as well as maintenance/ labor, since LED lamps last longer than competing technologies, they do not need to be replaced as often and “Green-Tech” (ecology) issues.

Market Forecast Application Categories             This market forecast of consumption is presented by three major End-User categories:

·  Government

·  Commercial/Industrial

·  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 74.5 percent in the Commercial/ Industrial application.  Streetlight type of flood/exterior lighting used in parking lots, campus and landscaping 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 in terms of consumption value.

Overall, the LED-based Linear (tube) lamp category, which offers an alternative to the standard fluorescent tube lamps, are forecast to remain relatively minor, at least near-term (2010-2015).

The average selling price (ASPs) shown in the ElectroniCast market forecast for the LED lamps used in India, are not retail prices; the prices are based on the price of the LED lamp at the initial factory level (prior to FOB – Free On Board); therefore, shipping expenses and any other value-added items are not included.  The consumption value is then based on the end-use application in India.

For  More Information, contact:

stephen_montgomery@electronicastconsultants.com

Web: www.electronicast.com