Incomplete phasing out of incandescent lamps, absence of regulatory standards for LED lighting and increasing need for energy efficient lighting, fueled by a huge supply deficit of electricity, projects a grim scenario and paves the way for a sustainable business model for lighting vendors in India. Lighting technologies find use in indoor and outdoor application across sub-segments like offices, retail, residential, hospitality, hospital/healthcare, industrial, street lighting, flood lighting, landscape/facade lighting and gasoline station lighting.Quality and energy efficient lighting products at a competitive price made available through a wide distribution network backed up by a prompt service support are the keyword for success in the growing lighting systems market in India.
The forthcoming complimentary Webinar Analyst Briefing (AB) session will be hosted by Narayanan Alagappan, Senior Research Analyst, Environment and Building Technologies Practice, Frost & Sullivan, on "Sustainable Business Strategy for an Evolving Lighting Market - Are you geared up for the New Normal?". The presentation will be held on Tuesday, April 12, 2011 at 3:30 pm. IST / 2:00 pm. UAE
How will this work:
Click on the "Register Here" tab, given above. This will direct you to the launch page of the Webinar. Press on the "Attend" button; this will register you for the AB. Once you have saved the HTML page click on it and save the event to your Calendar page.
This briefing will throw light on the sustainable business strategy for lighting vendors and will benefit entities involved in the lighting industry such as Lighting solution vendors (Global and Indian companies), LED manufacturers, Energy Service Companies (ESCO), Energy efficiency consultants, Mechanical Electrical and Plumbing (MEP) consultants, Project management consultants and energy efficiency financing institutions.
The Indian market for Lighting Systems (lamps, luminaires, gears, controls and automation) in India was estimated at INR 77.8 billion (USD 1,728 million), in 2010. The market is expected to grow at 12 -15 percent per annum over the next 5 years. This is likely to be the result of steady demand due to property development of $230 billion (spanning across commercial, industrial, residential and infrastructure segment). The Indian Lighting Systems market is fragmented, reaching a mature growth stage characterized by stiff price wars across region, applications and end-user segments. Several organized and unorganized lighting vendors cater to this competitive market.
"Market players in the Indian lighting industry have to realign their business strategies to sustain the market and mind share of the end–user segment. Offering performance contracting with Integrated Lighting Management Systems (ILMS) for outdoor / indoor segment could be the most energy-efficient lighting solution. Leveraging on the energy saving potential of performance contracting, ILMS and LED technologies, India can the spur energy efficiency lighting business model "says Narayanan Alagappan, Senior Research Analyst - South Asia and Middle East, Environment and Building Technologies, Frost & Sullivan.
About Frost & Sullivan
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