Record-breaking statistics prove that LED Expo New Delhi 2019 – held from November 14-16 - is the most influential platform to source and trade lighting technologies in India. The leading show focused on smart and futuristic LED technologies witnessed exclusive product launches, future zone, and strong support from the government and associations. Organizers also announced the strategic merger of Light India and LED Expo for the 2020 edition.
New Delhi is one of the prominent cities leading the LED revolution in India. With major support from the government and industry associations, LED Expo New Delhi 2019 recently concluded with record-breaking visitors and exhibitors. The record-breaking dynamics of the platform highlighted a 14 percent surge with 389 exhibitors from 9 countries including India. The show has also turned bigger in terms of the exhibition space and international participation with 18 percent and 25 percent growth respectively.
The 21st edition was inaugurated by chief guest S K Marwaha, Senior Director, Government of India, Ministry of Electronics and Information Technology (MeitY). Marwaha said, “In the course of four years, LED production in India has grown from 2,100 crores to 13,000 crores in 2019. Along with the development of other technologies, the manufacturing of LED lights has been the major focus of ‘Make in India’ initiative. Various incentive schemes in the country have given a major boost to the domestic market, making ‘made-in-India’ products globally competent.
Today, about 35-40 percent of LED lights and technologies are manufactured in India.”Raj Manek, Executive Director, and Board Member, Messe Frankfurt Asia Holding Ltd (the organizer of the expo), commented, “As trade fair organizers, we have diligently aimed to be in line with the government’s vision on accelerating the adoption of the revolutionary technology called LED lights. Lauded to be a premium show, LED Expo has entrenched its position as a platform to source and trade top-quality lighting technologies elevating the India LED market.
The inauguration was followed by the unveiling of a special report by advisory and research giants 6W Research. According to Rajat Kharbanda, Client Partner, 6Wresearch, LED lighting and fixture market in India is anticipated to touch $ 7.7 billion by 2025, registering a CAGR of 23.6 percent during 2019-25. “With the growing acceptance of smart lighting and control market in India, the market is expected to record key growth in the next six years.
He added, “The penetration of IoT in the lighting industry is benefiting the overall demand for energy-efficient smart lighting in the country. Connected light is emerging as a new trend in the Indian market, which will be prevalent more in indoor lighting.”
New lighting technologies
With an array of brands exhibiting cutting-edge technologies and product launches, focussed business visitors witnessed the widest range of products covering the entire value chain of the LED industry. Companies like Tata Communications, Osram Opto Semiconductor, MLS India, Rabyte Technologies, Lumenstech, Millennium Semiconductor, Ecoearth Electric Pvt Ltd, ZI Lite Industries (Red Card), Automatic, JAR Lights, Tuya Smart (India), Esylux Juki India, Tecktronis, S electronics, Cresent Opto Ahmedabad, Fulham India, Glow Green, Componix India, Edison Opto, SR Electro, Murli lights, among others displayed top quality LED products with new ages technologies to help save energy and total cost of living in the country.
With India being a highly lucrative market for LED lighting technologies, this edition has attracted 161 companies from international contingents like China, Finland, Hong Kong, Italy, Japan, Korea, Taiwan, and the UAE. To capitalize on the opportunity and strengthen the adoption and implementation of energy-efficient lights, the Government of Karnataka promoted its policy on Cluster Development of LED lighting sector and investment prospects within the state.
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Media Courtesy : IPF Online