Lighting Market in India Market Size, Analysis 2014-2018
About Lighting
Research Beam adds a report titled “Lighting Market in India 2014-2018” that provides detailed information of the Lighting Market in India.The report is an excellent piece of study for investors who are looking towards the market.
Lighting, general lighting, or ambient lighting refers to fixed light source installations that are used to provide a practical or aesthetic lighting effect. This type of lighting can be distinguished from lighting sources used in automobiles and backlight units by virtue of their intended purpose. The former is used extensively in application segments such as Architectural Lighting, Hospitality, Industrial, Office, Outdoor, Residential, and Retail. Apart from the categorization of lighting based on its applications, lighting can also be categorized based on technology. Currently, the lighting technologies being used are CFL, FTL, incandescent, and LED. The trend in lighting technologies is toward energy-efficient lighting, which has led to an increase in technological innovations in the market in recent years.
TechNavio's analysts forecast the Lighting market in India to grow at a CAGR of 18.38 percent over the period 2014-2018.
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