Date Announced: 17 Dec 2012 Aptos, California (USA) – ElectroniCast Consultants, a leading market & technology forecast consultancy, today announced their 5-year market forecast of the consumption of light emitting diode (LED) lamps in General Lighting applications in India. According to ElectroniCast, the consumption value of LED lamps, which are used in stationary (non-vehicle) lighting, are projected to reach $97.11 million in 2012; consumption value is forecast to increase at an average annual growth rate of 62.2 percent to an impressive $1.09 billion in 2017. The consumption value will increase with extremely strong rising quantity growth partially offset by declining average prices. The ElectroniCast market forecast of consumption is presented for six major lamp-type categories. The lamp categories, in turn, may have multiple sub-categories, which are determined by lamp luminous flux and/or the physical size of the lamp. The market forecast is also segmented by three major End-User categories: Government; Commercial/Industrial; and 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 over 70% in the Commercial/ Industrial application. Street lighting used for roadways, parking lots and campuses 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. LED-based Linear (tube) lamps, which offer an alternative to the standard fluorescent tube lamps are forecast to remain relatively minor, at least near-term (2012-2017).This market forecast report is available immediately from ElectroniCast Consultants (fee $4,400). For detailed information on this or other services provided by ElectroniCast, please contact Theresa Hosking, Marketing/Sales; [email protected] (Telephone/USA: 707/275-9397)ElectroniCast Consultants – www.electronicast.com specializes in forecasting trends in technology forecasting, markets and applications forecasting, strategic planning and consulting. ElectroniCast Consultants, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communication and data network companies and the financial community. Reduction of the risk of major investment decisions is the main benefit provided. ElectroniCast Consultants’ goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning.According to ElectroniCast, the use of LED lamps in general lighting in India is projected to reach reached $97.1 million in 2012; and forecast to increase to $1.09 billion in 2017…INDIA – LED Lamps Used in General LightingMarket Forecast (Value Basis, US$ Million)Source: ElectroniCast ConsultantsNote: Market forecast data refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.
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