11 Updates

India Lighting Source Market is Set to Grow at 28% CAGR Till 2018 Says TechSci Research

Oct 9 2013, 6:19am CDT | by PR.com

Increasing infrastructure investment, rising disposable income coupled with urbanization and awareness for energy efficiency will drive the lighting source market in India.

Burnaby, Canada, October 09, 2013 --(PR.com )-- The growing construction, automotive and infrastructure industries in India have been identified as the key growth contributors to the lighting...

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41 weeks ago

India Lighting Source Market is Set to Grow at 28% CAGR Till 2018 Says TechSci Research

Oct 9 2013, 6:19am CDT | by PR.com

Increasing infrastructure investment, rising disposable income coupled with urbanization and awareness for energy efficiency will drive the lighting source market in India.

Burnaby, Canada, October 09, 2013 --(PR.com )-- The growing construction, automotive and infrastructure industries in India have been identified as the key growth contributors to the lighting source market. According to the recently published TechSci Research report ‘India Lighting Source Market Forecast & Opportunities, 2018’, the lighting source market in India is expected to grow at the CAGR of 28% during 2013-2018.

According to the report the major players operating in the Indian lighting source market include Philips Lighting India, Surya Roshni, Crompton Greaves, Bajaj Electrical and Wipro. It adds that most of the traditional lighting sources are being manufactured in India. The import of lighting sources is impacted by the Anti-Dumping Duty which restrains the imports of lighting sources in India.

Analyzing the trends, the TechSci Research report mentions that the electricity demand has surged over the past few years as a result of rapid industrialization and urbanization in India. Also, the real estate and infrastructure sectors have witnessed growth of over 10% over the last five years. There is also an influx of new residential and commercial infrastructure projects across Tier I and Tier II cities. These trends are fuelling the growth of lighting industry i.e. lighting source and lighting fixtures.

The report also reveals some very critical info on the lighting source market in India. It mentions that within the lighting source market, incandescent bulbs dominate the market because of its high penetration in rural areas along with easy and low price availability. Even though the government is increasing its efforts aimed at promoting the usage of CFLs (Compact Fluorescent Lamp), the penetration of incandescent bulbs in India continues to remain high.

‘India Lighting Source Market Forecast & Opportunities, 2018’ report also highlights the growing significance of energy efficient lighting. As a result of increasing focus towards energy efficiency, the lighting source manufacturers are emphasizing on energy efficient lighting. According to the report, the sales of LEDs (Light Emitting Diode) are expected to grow at a faster rate than all the other traditional lighting sources.

“The penetration level of LEDs is anticipated to increase as the government is in the process to standardize and promote LEDs as an efficient lighting source. However, the high price of LEDs can be attributed as the key reason for its low market penetration, restricting its usage in urban markets,” said Mr. Karan Chechi, Research Director, TechSci Research.

‘India Lighting Source Market Forecast & Opportunities, 2018’ has evaluated the future growth potential of India’s lighting source market and provides statistics and information on market structure, statistics and trends. The report includes lighting source projections and demand forecasting. The report is intended to provide cutting-edge market intelligence and help decision makers to make sound investment evaluations. Besides these, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities available in lighting source market in India.

Contact Information:
TechSci Research
Ken Mathews
+1 646 360 1656
Contact via Email
www.techsciresearch.com
2950, Boundary Road,
Burnaby, British Columbia,
Canada – VM5 3Z9

Read the full story here: http://www.pr.com/press-release/520447

Press Release Distributed by PR.com

Source: PR.com

 
Update
11

1 hour ago

The Flame-Out Of Abenomics, In One Crucial Chart

Jul 25 2014 2:13am CDT | Source: SeekingAlpha

Japanese Prime Minister Shinzo Abe Visits Australia
Abenomics, the new economic religion of Japan, has kept some of its promises: It created inflation while wages stagnated, thus whittling down real incomes, further squeezed by the broad consumption tax hike. It devalued the yen by 25%, thus vaporizing a quarter of the wealth of the Japanese without having to tell them directly. And to make up for the tax increase on consumers, Abenomics elegan ...
Source: SeekingAlpha   Full article at: SeekingAlpha
 

 
Update
10

2 hours ago

Euro Selloff May Continue as PMIs Fuel Bets on More ECB Stimulus

Jul 25 2014 1:11am CDT | Source: Forex News

Reserve Bank Makes Cash Rate Announcement
Talking Points: Euro Selloff May Continue as PMI Data Fuels Bets on More ECB Stimulus New Zealand Dollar Tumbles as RBNZ Signals Shift to Wait-and-See Mode Aussie Dollar Tags 3-Week High After HSBC Reports Upbeat Chinese PMI The preliminary set of July’s Eurozone PMI figures headlines the economic calendar in European trading hours. The region-wide composite index is expected to register at 52.8, showing that the pace of manufacturing- and service-sector growth r ...
Source: Forex News   Full article at: Forex News
 

 
Update
9

12 hours ago

Champion names new CEO

Jul 24 2014 3:18pm CDT | Source: Cincinnati Business Courier

Divisional Playoffs - Baltimore Ravens v Pittsburgh Steelers
One of Cincinnati’s largest private companies has a new chief executive. Champion Home Exteriors on Thursday named Todd Dickson as its new CEO. Dickson replaces James Mishler, who served as CEO since 2012. “Champion has enjoyed a long history of success since its founding more than 60 years ago by delivering a high level of satisfaction to its customer base, manufacturing high-quality home-improvement products, and following through with strong customer service,” ...
Source: Cincinnati Business Courier   Full article at: Cincinnati Business Courier
 

 
Update
8

13 hours ago

Manufacturing Council gets title sponsor

Jul 24 2014 2:40pm CDT | Source: Memphis Business Journal

The recently-created Manufacturing Council has received a commitment from Husch Blackwell to be the organization’s title sponsor for the rest of the year. The council was formed to provide a unified voice for local manufacturing companies when dealing with issues. “We have a dedicated group of attorneys who focus on the manufacturing industry so that we can help to address the increasingly complex legal issues faced by its members,” Jennifer Ziegenhorn, managing partner of the Memphis offic ...
Source: Memphis Business Journal   Full article at: Memphis Business Journal
 

 
Update
7

14 hours ago

GE Energy Management powers growth in Clearwater

Jul 24 2014 1:46pm CDT | Source: Tampa Bay Business Journal

Florida Governor Rick Scott Makes Transportation Announcement
GE’s Energy Management business will invest $50 million in a 190,000-square-foot manufacturing Center of Excellence in Clearwater. The project will create 250 jobs, an announcement from Gov. Rick Scott said. The Center of Excellence will include an existing transformer facility, as well as new manufacturing operations for capacitors, the announcement said. The company currently manufactures instrument transformers for use by utilities and industri ...
Source: Tampa Bay Business Journal   Full article at: Tampa Bay Business Journal
 

 
Update
5

16 hours ago

Wichita signs agreement with China on aviation partnership

Jul 24 2014 11:27am CDT | Source: Wichita Business Journal

Kentucky v Wichita State
Wichita Mayor Carl Brewer and officials from China on Thursday signed a memorandum of understanding designed to facilitate economic and trade opportunities related to aviation manufacturing. According to a media advisory from the city, the agreement helps set the framework for Wichita and the city of Xi’an to organize a general aviation joint committee to help develop specific plans and projects. The agreement also helps facilitate inf ...
Source: Wichita Business Journal   Full article at: Wichita Business Journal
 

 
Update
4

16 hours ago

These Workplace Vending Machines Ditch Candy Bars for Drill Bits

Jul 24 2014 11:07am CDT | Source: BusinessWeek

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MSC Industrial Supply replaces the stockrooms at manufacturing plants with vending machines that dole out drill bits and sa ...
Source: BusinessWeek   Full article at: BusinessWeek
 

 
Update
3

17 hours ago

Pharma SMEs may cut contract manufacturing of DPCO drugs

Jul 24 2014 10:55am CDT | Source: Business Standard

Likely to focus on exports, nutraceutical and cosmoceutical space to offset pressure on ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
2

18 hours ago

Daily State Of The Markets: The Word Of The Day Is 'Improvement', But...

Jul 24 2014 9:25am CDT | Source: SeekingAlpha

Montreal Canadiens v Phoenix Coyotes
By David Moenning: In the early going, the word of the day appears to be "improvement." China's Flash PMI reading improved to an 18-month high with a reading of 52.0. This suggests that growth is accelerating in the manufacturing sector of the world's second largest economy, which, of course, is a good thing. Across the pond, the eurozone's Flash PMI's also saw improvement. The Composite PMI came ...
Source: SeekingAlpha   Full article at: SeekingAlpha
 

 
Update
1

18 hours ago

Markets Go Into The Red, But Facebook's At An All-Time High (FB, GM, CAT, DIA, SPY, SPX)

Jul 24 2014 9:12am CDT | Source: Business Insider

The market is open and stocks are basically flat. After opening in the green, shares sold off after manufacturing and housing data disappointed. The Dow is down 4 points, the S&P 500 is down 1 point, and the Nasdaq is down 2 points. In economic news, initial weekly jobless claims beat expectations, coming at 284,000, lower than the 307,000 that was expected by economists. This was the report's lowest reading since February 20 ...
Source: Business Insider   Full article at: Business Insider
 

 

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