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Growing Awareness on Energy Efficiency, Technological Advancements, and Burgeoning Construction Industry Fuel Lighting Controls and Systems Market in India, Notes Frost & Sullivan.

Publication: PR Newswire
Publication Date: 25-JUN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MUMBAI, India, June 25 /PRNewswire/ -- 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...

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