Today: November 30, 2015, 11:27 pm

India lighting fixture market: 17% CAGR growth expected between 2013-18
India Lighting Fixture Market Forecast & Opportunities, 2018 - a new market research report on 2014-04-17 04:20:03
The real estate and infrastructure developments in India have recorded a growth of over 10% during the last five years on the backdrop of increasing residential and commercial projects across various tier 1 and tier 2 cities. With the growing middle income population and large government investments in rural electrification programs such as RGGVY (Rajeev Gandhi Grameen Vidyutikaran Yojana) and R-APDRP (Restructured Accelerated Power Development and Reforms Programme) are expected to drive the lighting fixtures market in India.

The electricity penetration was recorded around 60% in 2012 which is considered extremely low when compared with other emerging economies or developed nations. This low penetration along with rising per capita income is generating huge demand for lighting fixtures industry in India.

The lighting fixture market in India is expected to grow at the CAGR of 17% during 2013-2018. The market for lighting fixtures in India is witnessing an influx of energy efficient products such as green lighting luminaries. The increasing focus towards energy efficiency is pushing the demand for energy efficient lighting across the country. The increasing emphasis towards solar lighting, particularly for outdoor lighting purposes is also contributing to the market growth.

The market for lighting fixture products in India is driven by the construction and infrastructure market. In addition, rising disposable income of the middle income population and increasing number of high earning income group will drive the market for high end designer lighting fixtures. Industry players are witnessing high volume sales of designer lighting fixtures from urban households and are constantly focussing on development and introduction of newer variants of consumer, outdoor and decorative lighting fixtures. Lighting fixture companies operating in India are also planning to introduce low priced designer lighting fixtures to target the middle income population group.

Click for report details: ..

Browse all Construction Market Research Reports ..

Browse all Construction Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 487 Words
Related Articles
More From Finance
USGFX Anticipates A Rise In Forex Trading [..]
The Shanghai Composite Index has been volatile and at one stage dropped more than 30% from its June 12 peak, [..]
Credit-Yogi Recommends Reputable Debt Solution Companies To [..]
Many people who have poor credit don’t know what to do about it. They realize that their bad credit prevents [..]
Credit-Yogi Reveals Special Considerations for Military Members [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi Teaches Consumers How To Use HAMP [..]
Be Prepared to Utilize HAMP Lenders do not like to help borrowers prevent foreclosure by accessing the Obama loan modification [..]
Credit-Yogi Informs Military Members Facing Auto Repossession [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.