India Architectural Lighting Market: Opportunities and Forecast (2017 – 2022)
According to Azoth Analytics research report, “India Architectural Lighting Market – By Type (Traditional Lighting, LED Lighting and Others), By End Use (Residential, Commercial, Industrial and Others), By Region (North, West, South and East) : Opportunities and Forecast (2017 – 2022)”, regional market is projected to display a vigorous growth represented by a CAGR of 5.78% during 2017 – 2022, chiefly driven by increase in disposable income in the country as well as rapidly growing urbanization.
According to Azoth Analytics research report, “India Architectural Lighting Market – By Type (Traditional Lighting, LED Lighting and Others), By End Use (Residential, Commercial, Industrial and Others), By Region (North, West, South and East) : Opportunities and Forecast (2017 – 2022)”, regional market is projected to display a vigorous growth represented by a CAGR of 5.78% during 2017 – 2022, chiefly driven by increase in disposable income in the country as well as rapidly growing urbanization.
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<strong>India</strong> <strong>Architectural</strong> <strong>Lighting</strong> <strong>Market</strong>- By Type<br />
LED lighting products held the major market share of approximately 59.20%, by value, in the year<br />
2016.<br />
Figure : <strong>India</strong> <strong>Architectural</strong> <strong>Lighting</strong> <strong>Market</strong> Size, By Type, 2016 (%)<br />
Key Drivers<br />
Xxxxx<br />
xxxxx<br />
Traditional <strong>Lighting</strong><br />
LED <strong>Lighting</strong><br />
Others<br />
Xxxxx<br />
xxxxx<br />
Source: Azoth Analytics Estimates<br />
Xxxxx<br />
xxxxx<br />
15
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