PR Newswire | 21 Apr, 2014
NEW DELHI: Keeping in mind the significant potential of the light emitting diode (LED) market in India, Electronics Bazaar magazine, an Electronics For You Group publication and South Asia's No. 1 B2B sourcing magazine, has dedicated a new segment to LEDs and LED lighting, called LED Bazaar. This segment has been introduced with the objective to drive growth of LED business in India by sharing important information like the potential application areas, potential market segments, current trends, latest technology, products in demand, government policies and guidelines, standards, etc.
LED market in India is growing significantly with the increased interest in energy efficient lighting technology, to reduce energy bills, and to get green building status. According to a Frost & Sullivan report, the LED lighting market in India registered a revenue of more than US$ 142.8 million in 2012 and estimates this to reach US$ 1,278.6 million in 2018.
The government sector is not only the single largest user of LED lights in India today, but is also significantly leading the awareness campaign among the users, taking it even to rural areas. Besides large scale street lighting projects, increasing usage of LED lights at railway stations have contributed to the government sector being the single largest user, triggering the growth.
The commercial sector in India is the second largest user of LED lights, followed by the industrial and automotive segments. Hospitality and retail sector, street lighting applications within factories, special economic zones and information technology parks are key contributors to the commercial and industrial segments, says a Frost & Sullivan report.
With the government's increased focus on setting up LED standards, the share of the unorganised sector is also expected to diminish by 2025.
About Electronics Bazaar:
Launched in 2007, Electronics Bazaar magazine, a publication of EFY Group, is today South Asia's No. 1 electronics B2B sourcing magazine. It is a treasure trove of information related to manufacturers, buyers, dealers and distributors dealing in electronic products and hardware. It gives a complete insight of the electronics B2B market. To know the current trends, latest products, new technologies, new manufacturing facilities, emerging sectors, etc., Electronics Bazaar is the ideal B2B magazine.
About EFY Group:
Over the last four decades, the EFY Group has become synonymous with information on cutting-edge technology. Today, this renowned media group is spread across eight cities of India, and caters to over two million techies spread across the globe.
Its print publications not only reach every nook and corner of India. Our mailing list has over 6,000 zip-codes and are also read by techies in South Asian countries, like Nepal, Pakistan, Bangladesh, Sri Lanka, Bhutan, and Afghanistan. The group is also amongst the few Indian publishers to have its publications distributed in Singapore and Malaysia.
The online communities of the group provide tech content to readers from all across the globe. The group's online portfolio includes some global leaders, such as: www.electronicsforu.com, www.linuxforu.com, www.efytimes.com, www.electronicsb2b.com and www.eleb2b.com. Plus, the group manages three social media (Facebook) communities, which are global leaders in their respective domains. These include: www.facebook.com/designelectronics, www.facebook.com/opensourceforu and www.facebook.com/tablets.india.
Media Contact: Richa Chakravarty, firstname.lastname@example.org, 9891393798, EFY Enterprises