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Growing Awareness on Energy Efficiency, Technological Advancements & Burgeoning Construction Industry Fuel Lighting Controls & Systems Market in India - New analysis from Frost & Sullivan, Analysis of the Lighting Controls & Systems Market in India, finds that market earned revenues of Rs.1571.0 million in 2008 and estimates this to reach Rs.3640.0 million in 2013
Growing Awareness on Energy Efficiency, Technological Advancements & Burgeoning Construction Industry Fuel Lighting Controls & Systems Market in India

 

NewswireToday - /newswire/ - Mumbai, India, 2009/06/25 - New analysis from Frost & Sullivan, Analysis of the Lighting Controls & Systems Market in India, finds that market earned revenues of Rs.1571.0 million in 2008 and estimates this to reach Rs.3640.0 million in 2013.

   
 
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Although premature and unregulated, the lighting controls and systems market in India witnessed strong growth until recently. This was largely due to the boom in the construction sector, which saw huge investments in commercial, industrial, residential, and infrastructural construction. Growth over the next few years is likely to decelerate through 2010 due to the economic meltdown and the reduction in construction activity. Nonetheless, the market is likely to pick up momentum, primarily driven by energy-saving requirements.

The growing awareness on energy saving and the popularity of green building concepts in India is helping the lighting controls and systems market evolve rapidly. Technological developments have enabled more flexibility and compatibility to facilitate system integration. Other benefits conferred by this technology are carbon emission mitigation and reduction in utility bills.

New analysis from Frost & Sullivan (buildingtechnologies.frost.com), Analysis of the Lighting Controls & Systems Market in India, finds that market earned revenues of Rs.1571.0 million in 2008 and estimates this to reach Rs.3640.0 million in 2013. The study covers lighting control gears (electromagnetic and electronic) and lighting control devices (sensors, controllers, user interfaces) for commercial, residential, industrial, outdoor, and others applications.

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Ravinder Kaur/ Nimisha Iyer, Corporate Communications, at ravinder.kaur[.]frost.com/ niyer[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by email.

"Rising energy costs has become a major driver for this market because of the insufficient power production in the country," says Frost & Sullivan Research Analyst Vivek Vijayakumar. "The evolution of energy-efficient technologies and the need to save energy and environment have led to the introduction of energy-efficient products."

Higher income levels and greater need for occupant comfort have revved up customer interest on lighting controls. Increased spending in global R&D infrastructure, improvements in technology and best-in-class manufacturing has helped unleash a slew of products suitable for both indoor and outdoor installation across various end-user industries. Lighting greatly enhances the ambience in hotels, restaurants, offices, and private houses. High-end lighting controls offer enormous potential, which will be further amplified by light-emitting diode (LED) technology.

Besides these two segments, the industrial sector encompassing factories, workshops, and warehouses is another growth segment. Airports, metro railway stations, auditoriums, hospitals and educational institutions such as schools, colleges, universities, and libraries are other promising arenas. The demand is expected to strengthen as the pace of growth in the Indian construction sector begins to accelerate.

The indoor segment remains a lucrative sector as demand from commercial and residential buildings continues on an upward trajectory. In the commercial environment, electronic ballasts are supplanting electromagnetic ballasts owing to the capacity for energy savings. LEDs are deployed in new constructions rather that retrofit installation. The future looks promising for retrofit installation in the wake of the recent evolution of wireless technology and the advantage of easy installation.

However, knowledgeable and qualified manpower is mandatory for systems with high-end automation products that need to be integrated with other systems. Otherwise, indecorous system designing and poor installation will have to be dealt with.

"Suppliers should ensure availability of qualified manpower and clearly define the benefits of these systems," Vijayakumar. "To obtain the edge over competition, it is crucial for lighting control vendors to offer seamless and efficient products, services and solutions at extremely competitive prices, design the system at the initial stages of the project by showing a realistic return on investment and back it up with effective service and training support to customers."

Analysis of the Lighting Controls and Systems Market in India is part of the Building Management Technologies Growth Partnership Service program, which also includes research in the following markets: Indian Integrated Building Management System, Indian Cable Management System, and Indian Integrated Facility Management System. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents.

Analysis of the Lighting Controls & Systems Market in India / P275

Contact:
Tanu Chopra
Corporate Communications – Middle East
P: +91 22 4001 3437
F: +91 22 2832 4713
E: tanuc[.]frost.com

 
 
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Growing Awareness on Energy Efficiency, Technological Advancements & Burgeoning Construction Industry Fuel Lighting Controls & Systems Market in India

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