India Energy Efficient Lamps and Ballasts Market- Industry Analysis and forecast 2026: By Lamps Type, Ballasts Type, and Application


India Energy Efficient Lamps and Ballasts Market is expected to grow at a CAGR of 8.34% during the forecast period. India Energy Efficient Lamps and Ballasts Market is expected to reach US$ 315.28 Mn by 2026.

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 India Energy Efficient Lamps and Ballasts Market Drivers and Restrains:

India investments in the energy efficient lamps and ballasts market has already resulted in significant reductions in the Indian demand for energy. The energy that has been saved due to the use of energy efficient lighting products is almost 5% less than that utilized with the use of conventional lighting systems in the India in the last five years.

The market for energy efficient lamps and ballasts is on the edge of a major evolution. The constantly reducing prices and the improving quality and life of LED lighting devices have led to the extensive adoption of this technology. The momentum of this evolution seems to be faster than the previous evolution to energy-efficient segment as a whole, as the LED technology appears to have potential of surpassing all other equivalent technologies in metrics of quality as well as efficiency.

The India energy efficient lamps and ballasts market is driven by high light output at low power consumption, various acceptable size & form, long operational life and low maintenance cost. An increasing government initiatives to boost LED adoption and growing awareness regarding lower power consumption of LED lighting products are impelling the market growth globally. However, high cost involved, contains little amounts of mercury and lacks attribute for heat sensitivity applications are hampering the market growth at the India level. Unidirectional light output and reluctance to switch to led lighting are likely to create lucrative opportunities in the India  market.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

 India Energy Efficient Lamps and Ballasts Market Market Segmentation:

Based on the type lamps, the India energy efficient lamps and ballasts market is segmented into Fluorescent lamps, Compact Fluorescent Lamps (CFLs), LED (light emitting diode) lamps, and HID (high intensity discharge) lamps. The LED Lamps and CFL Lamps segments are expected to grow at the largest CAGR of XX% during the forecast period. The rising demand was greatly contributed by the low cost of energy efficient lamps. This trends indicate that significant reduction in the price of CFLs and surge in demand for energy efficient lamps is likely to bolster growth in the market in the upcoming periods.

 India Energy Efficient Lamps and Ballasts Market Competitive landscape

Major Key players operating in this market are Philips India Ltd., Surya Roshni Ltd., Harvell’s India Limited, Shree Sant Kripa Appliances Pvt. Ltd, OSRAM India Private Limited, Crompton Greaves Consumer Electricals LTD, and Halonix Technologies Limited. Manufacturers in the India Energy Efficient Lamps and Ballasts are focusing on competitive pricing as the strategy to capture significant market share. Moreover, strategic mergers and acquisitions and technological innovations are also the key focus areas of the manufacturers.

The objective of the report is to present a comprehensive analysis of India Energy Efficient Lamps and Ballasts Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding  dynamics, structure by analyzing the market segments and project the India  Market size. Clear representation of competitive analysis of key players By Type, Price, Financial position, Product portfolio, Growth strategies, and regional presence in the India Energy Efficient Lamps and Ballasts Market make the report investor’s guide.

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India Energy Efficient Lamps and Ballasts Market, By Lamps Type:

• Fluorescent lamps
• Compact Fluorescent Lamps (CFLs)
• LED (light emitting diode) lamps
• HID (high intensity discharge) lamps

India Energy Efficient Lamps and Ballasts Market, By Ballasts Type:

• Magnetic fluorescent ballasts
• Electronic fluorescent ballasts
• CFL ballasts
• LED driver modules
• Magnetic HID ballasts
• Electronic HID ballasts

India Energy Efficient Lamps and Ballasts Market, By Application:

• Industrial Lighting
• Commercial Lighting

India Energy Efficient Lamps and Ballasts Market, Major Players:

• Philips India Ltd.
• Surya Roshni Ltd.
• Harvell’s India Limited
• Shree Sant Kripa Appliances Pvt. Ltd
• OSRAM India Private Limited
• Crompton Greaves Consumer Electricals LTD
• Halonix Technologies Limited
• Panasonic India
• GE Lighting India Pvt. Ltd.
• Bajaj Electricals Limited
• Acuity Brands
• Cooper Lighting
• Samsung Electronics
• Wal-Mart
• Albertson’s Inc.
• Johnson Controls, Inc.
• Sony Corporation of America 




India Energy Efficient Lamps and Ballasts Market

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: India Energy Efficient Lamps and Ballasts Market Size, by Market Value (US$ Mn)

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies

5. Supply Side and Demand Side Indicators
6. India Energy Efficient Lamps and Ballasts Market Analysis and Forecast, by Lamps Type
6.1. Introduction and Definition
6.2. Key Findings
6.3. India Energy Efficient Lamps and Ballasts Market Value Share Analysis, by Lamps Type
6.4. India Energy Efficient Lamps and Ballasts Market Size (US$ Mn) Forecast, by Lamps Type
6.5. India Energy Efficient Lamps and Ballasts Market Analysis, by Lamps Type
6.6. India Energy Efficient Lamps and Ballasts Market Attractiveness Analysis, by Lamps Type

7. India Energy Efficient Lamps and Ballasts Market Analysis and Forecast, by Ballasts Type
7.1. Introduction and Definition
7.2. Key Findings
7.3. India Energy Efficient Lamps and Ballasts Market Value Share Analysis, by Ballasts Type
7.4. India Energy Efficient Lamps and Ballasts Market Size (US$ Mn) Forecast, by Ballasts Type
7.5. India Energy Efficient Lamps and Ballasts Market Analysis, by Ballasts Type
7.6. India Energy Efficient Lamps and Ballasts Market Attractiveness Analysis, by Ballasts Type

8. India Energy Efficient Lamps and Ballasts Market Analysis and Forecast, by Application
8.1. Introduction and Definition
8.2. Key Findings
8.3. India Energy Efficient Lamps and Ballasts Market Value Share Analysis, by Application
8.4. India Energy Efficient Lamps and Ballasts Market Size (US$ Mn) Forecast, by Application
8.5. India Energy Efficient Lamps and Ballasts Market Analysis, by Application
8.6. India Energy Efficient Lamps and Ballasts Market Attractiveness Analysis, by Application

9. India Energy Efficient Lamps and Ballasts Market Analysis
9.1. Key Findings
9.2. India Energy Efficient Lamps and Ballasts Market Overview
9.3. India Energy Efficient Lamps and Ballasts Market Value Share Analysis, by Ballasts Type
9.4. India Energy Efficient Lamps and Ballasts Market Forecast, by Lamps Type
9.4.1. Fluorescent lamps
9.4.2. Compact Fluorescent Lamps (CFLs)
9.4.3. LED (light emitting diode) lamps
9.4.4. HID (high intensity discharge) lamps
9.5. India Energy Efficient Lamps and Ballasts Market Forecast, by Ballasts Type
9.5.1. Magnetic fluorescent ballasts
9.5.2. Electronic fluorescent ballasts
9.5.3. CFL ballasts
9.5.4. LED driver modules
9.5.5. Magnetic HID ballasts
9.5.6. Electronic HID ballasts
9.6. India Energy Efficient Lamps and Ballasts Market Forecast, by Application
9.6.1. Industrial Lighting
9.6.2. Commercial Lighting
9.7. India Energy Efficient Lamps and Ballasts Market Attractiveness Analysis
9.7.1. By Lamps Type
9.7.2. By Ballasts Type
9.7.3. By Application
9.8. PEST Analysis
9.9. Key Trends
9.10. Key Developments

10. Company Profiles
10.1. Market Share Analysis, by Company
10.2. Competition Matrix
10.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
10.2.2. New Product Launches and Product Enhancements
10.2.3. Market Consolidation
10.2.3.1. M&A by Regions, Investment and Applications
10.2.3.2. M&A Key Players, Forward Integration and Backward
Integration
10.3. Company Profiles: Key Players
10.3.1. Philips India Ltd.
10.3.1.1. Company Overview
10.3.1.2. Financial Overview
10.3.1.3. Product Portfolio
10.3.1.4. Business Strategy
10.3.1.5. Recent Developments
10.3.1.6. Development Footprint
10.3.2. Surya Roshni Ltd.
10.3.3. Harvell’s India Limited
10.3.4. Shree Sant Kripa Appliances Pvt. Ltd
10.3.5. OSRAM India Private Limited
10.3.6. Crompton Greaves Consumer Electricals LTD
10.3.7. Halonix Technologies Limited
10.3.8. Panasonic India
10.3.9. GE Lighting India Pvt. Ltd.
10.3.10. Bajaj Electricals Limited
10.3.11. Acuity Brands
10.3.12. Cooper Lighting
10.3.13. Samsung Electronics
10.3.14. Wal-Mart
10.3.15. Albertson’s Inc.
10.3.16. Johnson Controls, Inc.
10.3.17. Sony Corporation of America

11. Primary Key Insights
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