Outdoor LED Market In India 2024-2028
The outdoor led market in india is forecasted to grow by USD 281.7 mn during 2023-2028, accelerating at a CAGR of 13.3% during the forecast period. The report on the outdoor led market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for led lighting for different applications, favorable environmental policy and governmental support, and increased demand for energy-efficient lighting systems.
Technavio's outdoor led market in india is segmented as below:
By Distribution Channel
By Application
- Billboards
- Video walls
- Permiter LED boards
- LED matrix board
- Others
By Geographical Landscape
This study identifies the introduction of intelligent lighting as one of the prime reasons driving the outdoor led market in india growth during the next few years. Also, growing e-commerce market and use of ai with outdoor advertising will lead to sizable demand in the market.
The report on the outdoor led market in india covers the following areas:
- Outdoor LED Market in India sizing
- Outdoor LED Market in India forecast
- Outdoor LED Market in India industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading outdoor led market in india vendors that include Bajaj Electricals Ltd., Delta Light NV, Dialight Plc, ERCO GmbH, Eveready Industries India Ltd., Havells India Ltd., HERA LIGHTING L.P., Jaquar India, Koninklijke Philips N.V., LEDVANCE GmbH, Opple Lighting Co. Ltd., Orbit Lightings, Orient Electric Ltd, OSRAM GmbH, Panasonic Holdings Corp., Surya Roshni Ltd, Syska Led Lights Pvt. Ltd., The White Teak Co., and Wipro Ltd.. Also, the outdoor led market in india analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.