Outdoor LED Market In India to Register USD 267.08 mn growth |Technavio

Outdoor LED Market In India 2022-2026: Key players and Their Offerings

Bajaj Electricals Ltd. - The company offers a wide range of outdoor LED lights such as street and road lighting, area and yard lighting, among others.

ERCO GmbH - The company offers a wide range of outdoor LED lights such as projectors, floodlights, and wallwashers.

Eveready Industries India Ltd. - The company offers a wide range of outdoor LED lights such as floodlights, street lights, among others.

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Outdoor LED Market In India 2022-2026: Segmentation

By distribution channel, the outdoor LED market in India has been segmented into billboards, video walls, perimeter LED boards, LED matrix board, and others. The offline segment will have significant market share growth during the forecast period. Outdoor LED product is mainly sold through offline distribution channels, which include different retail formats such as specialty stores, hypermarkets, convenience stores, and departmental stores. Consumers prefer buying outdoor LED products from retail stores, which offer a wide range of products and provide the required support and information through customer service. Distribution channel

By application, the outdoor LED market in India has been segmented into billboards, video walls, perimeter LED boards, LED matrix boards, and others. The billboards segment will have significant market share growth during the forecast period. Billboards are outdoor advertising structures that present large advertisements to passing pedestrians and drivers. Typically, brands use billboards to build their brand image or to push for their new products. LED billboards are like huge televisions that play moving ads. The billboards are used for advertising many objects at the same time, such as the same billboard can be used for advertising movies, new product launches, and government initiatives which is an advantage over traditional billboards.

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Outdoor LED Market In India 2022-2026: Driver

One of the key drivers supporting the outdoor LED market growth in India is the growing demand for LED lighting for different applications. Manufacturers of lighting products have started focusing on energy-efficient and environment-friendly lighting solutions because of the rising awareness about green technology and the lowering prices of LEDs. The continuous decrease in the average selling price (ASP) of LED products is expected to have a positive impact on their penetration and market size in the residential as well as commercial sectors. In addition, the outdoor LED market in India has a large number of LED product manufacturers such as Havells India Ltd, SH Group, Inc, and Koninklijke Philips N.V. These factors are expected to boost the growth of the outdoor LED market in India during the forecast period.

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Table of Contents

1. Executive Summary                           

                1.1 Market Overview

                                Exhibit 01:  Key Finding 1

                                Exhibit 02:  Key Finding 2

                                Exhibit 03:  Key Finding 5

                                Exhibit 04:  Key Finding 6

                                Exhibit 05:  Key Finding 7

2. Market Landscape                             

                2.1 Market ecosystem             

                                Exhibit 06:  Parent market

                                Exhibit 07:  Market characteristics

                2.2 Value chain analysis           

                                Exhibit 08: Value chain analysis: Electrical Components and Equipment Market

                                2.2.1 Inputs

                                2.2.2 Inbound logistics

                                2.2.3 Operations

                                2.2.4 Outbound logistics

                                2.2.5 Marketing and sales

                                2.2.6 Aftermarket and service

                                2.2.7 Industry innovations

3. Market Sizing                       

                3.1 Market definition

                              Exhibit 09:  Offerings of vendors included in the market definition

                3.2 Market segment analysis 

                                Exhibit 10:  Market segments

                3.3 Market size 2021 

                3.4 Market outlook: Forecast for 2021 - 2026 

                                3.4.1 Estimating growth rates for emerging and high-growth markets

                                3.4.2 Estimating growth rates for mature markets

                                Exhibit 11:  India - Market size and forecast 2021 - 2026 ($ million)

                                Exhibit 12:  India market: Year-over-year growth 2021 - 2026 (%)

4. Five Forces Analysis                          

                4.1 Five Forces Summary        

                                Exhibit 13:  Five forces analysis 2021 & 2026

                4.2 Bargaining power of buyers           

                                Exhibit 14:  Bargaining power of buyers

                4.3 Bargaining power of suppliers       

                                Exhibit 15: Bargaining power of suppliers

                4.4 Threat of new entrants    

                                Exhibit 16: Threat of new entrants

                4.5 Threat of substitutes         

                                Exhibit 17: Threat of substitutes

                4.6 Threat of rivalry   

                                Exhibit 18: Threat of rivalry

                4.7 Market condition

                                Exhibit 19:  Market condition - Five forces 2021

5 Market Segmentation by Application                         

                5.1 Market segments

                                Exhibit 20:  Application - Market share 2021-2026 (%)

                5.2 Comparison by Application             

                                Exhibit 21:  Comparison by Application

                5.3 Billboards - Market size and forecast 2021-2026     

                                Exhibit 22:  Billboards - Market size and forecast 2021-2026 ($ million)

                                Exhibit 23:  Billboards - Year-over-year growth 2021-2026 (%)

                5.4 Video walls - Market size and forecast 2021-2026  

                                Exhibit 24:  Video walls - Market size and forecast 2021-2026 ($ million)

                                Exhibit 25:  Video walls - Year-over-year growth 2021-2026 (%)

                5.5 Perimeter LED boards - Market size and forecast 2021-2026             

                                Exhibit 26:  Perimeter LED boards - Market size and forecast 2021-2026 ($ million)

                                Exhibit 27:  Perimeter LED boards - Year-over-year growth 2021-2026 (%)

                5.6 LED matrix board - Market size and forecast 2021-2026      

                                Exhibit 28:  LED matrix board - Market size and forecast 2021-2026 ($ million)

                                Exhibit 29:  LED matrix board - Year-over-year growth 2021-2026 (%)

                5.7 Others - Market size and forecast 2021-2026           

                                Exhibit 30:  Others - Market size and forecast 2021-2026 ($ million)

                                Exhibit 31:  Others - Year-over-year growth 2021-2026 (%)

                5.8 Market opportunity by Application              

                                Exhibit 32:  Market opportunity by Application

6 Market Segmentation by Distribution channel                       

                6.1 Market segments

                                Exhibit 33:  Distribution channel - Market share 2021-2026 (%)

                6.2 Comparison by Distribution channel           

                                Exhibit 34:  Comparison by Distribution channel

                6.3 Offline - Market size and forecast 2021-2026           

                                Exhibit 35:  Offline - Market size and forecast 2021-2026 ($ million)

                                Exhibit 36:  Offline - Year-over-year growth 2021-2026 (%)

                6.4 Online - Market size and forecast 2021-2026            

                                Exhibit 37:  Online - Market size and forecast 2021-2026 ($ million)

                                Exhibit 38:  Online - Year-over-year growth 2021-2026 (%)

                6.5 Market opportunity by Distribution channel            

                                Exhibit 39:  Market opportunity by Distribution channel

7. Customer landscape                         

                7.1 Overview

                                Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                                Exhibit 40: Customer landscape

8. Drivers, Challenges, and Trends                   

                8.1 Market drivers     

                                8.1.1 Growing demand for LED lighting for different applications

                                8.1.2 Favorable environment policy and governmental support

                                8.1.3 Increased demand for energy-efficient lighting systems

                8.2 Market challenges              

                                8.2.1 Threats associated with counterfeit products

                                8.2.2 High initial investment

                                8.2.3 Growing popularity of digital marketing

                                Exhibit 41:  Impact of drivers and challenges

                8.3 Market trends      

                                8.3.1 Introduction of intelligent lighting

                                8.3.2 Growing e-commerce market

                                8.3.3 Use of AI with outdoor advertising

9. Vendor Landscape                             

                9.1 Overview

                                Exhibit 42:  Vendor landscape

                9.2 Vendor Disruption              

                                Exhibit 43: Landscape disruption

                                Exhibit 44: Industry risks

                9.3 Competitive landscape     

10. Vendor Analysis                

                10.1 Vendors covered              

                                Exhibit 45: Vendors covered

                10.2 Market positioning of vendors    

                                Exhibit 46: Market positioning of vendors

                10.3 Bajaj Electricals Ltd.         

                                Exhibit 47:  Bajaj Electricals Ltd. - Overview

                                Exhibit 48:  Bajaj Electricals Ltd. - Business segments

                                Exhibit 49:  Bajaj Electricals Ltd. - Key offerings

                                Exhibit 50:  Bajaj Electricals Ltd. - Segment focus

                10.4 ERCO GmbH       

                                Exhibit 51:  ERCO GmbH - Overview

                                Exhibit 52:  ERCO GmbH - Product and service

                                Exhibit 53:  ERCO GmbH - Key offerings

                10.5 Eveready Industries India Ltd.     

                                Exhibit 54:  Eveready Industries India Ltd. - Overview

                                Exhibit 55:  Eveready Industries India Ltd. - Business segments

                                Exhibit 56:  Eveready Industries India Ltd. - Key offerings

                                Exhibit 57:  Eveready Industries India Ltd. - Segment focus

                10.6 Havells India Ltd.              

                                Exhibit 58:  Havells India Ltd. - Overview

                                Exhibit 59:  Havells India Ltd. - Business segments

                                Exhibit 60:  Havells India Ltd. – Key news

                                Exhibit 61:  Havells India Ltd. - Key offerings

                                Exhibit 62:  Havells India Ltd. - Segment focus

                10.7 Koninklijke Philips NV     

                                Exhibit 63:  Koninklijke Philips NV - Overview

                                Exhibit 64:  Koninklijke Philips NV - Business segments

                                Exhibit 65:  Koninklijke Philips NV - Key News

                                Exhibit 66:  Koninklijke Philips NV - Key offerings

                                Exhibit 67:  Koninklijke Philips NV - Segment focus

                10.8 Orient Electric Ltd.           

                                Exhibit 68:  Orient Electric Ltd. - Overview

                                Exhibit 69:  Orient Electric Ltd. - Business segments

                                Exhibit 70:  Orient Electric Ltd. – Key news

                                Exhibit 71:  Orient Electric Ltd. - Key offerings

                                Exhibit 72:  Orient Electric Ltd. - Segment focus

                10.9 Panasonic Corp.

                                Exhibit 73:  Panasonic Corp. - Overview

                                Exhibit 74:  Panasonic Corp. - Business segments

                                Exhibit 75:  Panasonic Corp. - Key offerings

                                Exhibit 76:  Panasonic Corp. - Segment focus

                10.10 Surya Roshni Ltd.           

                                Exhibit 77:  Surya Roshni Ltd. - Overview

                                Exhibit 78:  Surya Roshni Ltd. - Business segments

                                Exhibit 79:  Surya Roshni Ltd. - Key offerings

                                Exhibit 80:  Surya Roshni Ltd. - Segment focus

                10.11 Syska Led Lights Pvt. Ltd.            

                                Exhibit 81:  Syska Led Lights Pvt. Ltd. - Overview

                                Exhibit 82:  Syska Led Lights Pvt. Ltd. - Product and service

                                Exhibit 83:  Syska Led Lights Pvt. Ltd. - Key offerings

                10.12 Wipro Ltd.         

                                Exhibit 84:  Wipro Ltd. - Overview

                                Exhibit 85:  Wipro Ltd. - Business segments

                                Exhibit 86:  Wipro Ltd. – Key news

                                Exhibit 87:  Wipro Ltd. - Key offerings

                                Exhibit 88:  Wipro Ltd. - Segment focus

11. Appendix                            

                11.1 Scope of the report         

                                11.1.1Market definition

                                11.1.2 Objectives

                                11.1.3 Notes and caveats

                11.2 Currency conversion rates for US$            

                                Exhibit 89: Currency conversion rates for US$

                11.3 Research Methodology 

                                Exhibit 90: Research Methodology

                                Exhibit 91: Validation techniques employed for market sizing

                                Exhibit 92: Information sources

                11.4 List of abbreviations        

                                Exhibit 93: List of abbreviations

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