Market Research Report :LED Market in India 2012
For the complete report, get in touch with us at : info@netscribes.com The LED Market in India is part of Netscribes’ Manufacturing Industry Series reports. Advantages such as better lamp life and energy efficiency are expected to drive the LED market in India. The report begins with an introduction about the different broad dimensions of the lighting market. A brief description of the evolution of LED technology has also been included in this section. It is followed by a brief overview of the global lighting market and the global LED market. Description of the Indian lighting industry highlights its major segments. Overview of the Indian LED industry provides details on the industry size and the growth in demand. The next section provides a brief overview of the value chain present in the LED industry. The report provides detailed information about the exports and imports of LED under specific HS codes in terms of value and volume. It provides country-wise import and export data for the year 2010-11, mentioning the major countries exporting and importing from India. Factors driving the growth of the LED market in India are also explained in detail. Growing population and rise in income provides an impetus to the growth of the LED market in India. Demand from consumer electronics is expected to emerge as a major growth driver for the Indian LED market. Increasing usage in street lighting and growing indoor lighting applications is expected to boost the growth prospects of the LED market in India. Better lamp life and energy efficiency and environment friendly technology is expected to contribute significantly towards market development. Global ban on the usage of incandescent lights also has a favorable impact on the growth of the LED market. The players operating in the market also face challenges which are impeding their development and growth. High initial cost barrier has emerged as a major challenge hindering the market growth. Lack of consumer awareness and high import dependency are also expected to have an unfavorable impact on the growth of the LED market in India. The next section incorporates some of the initiatives that are needed to enhance the growth prospects of the Indian LED industry. Brief description of the published LED standards in India has been included in the report. The support provided by the government to promote the LED market and the key initiatives undertaken by the regulatory stakeholders in order to develop the LED industry in India have also been highlighted in the report. Emerging trends in the LED market include growing usage in automotive lighting, digital signage, solar LED lights and technology development. The competition section outlays the competitive landscape of the LED market in India briefing about the public and private players existing in the market. The report features brief profiles of major players in the market and a snapshot of their corporation, financ
Market Research Report :LED Market in India 2012
- 1. Insert Cover Image using Slide Master View Do not distort LED Market – LED Market India June 2012
- 2. Executive Summary Global LED market will reach INR x bn in 20‐‐ growing with a CAGR of y during 20‐‐‐‐‐ Market LED market in India is expected to reach INR x bn growing with a CAGR of ‐% over 20‐‐‐‐‐ Drivers Challenges Demand from Consumer Electronics df C l i • High Initial Cost Barrier Growing Population and Rise in Income • Lack of Consumer Awareness Drivers & Outdoor Lighting Application • High Import Dependency Challenges Indoor Lighting Application Better Lamp Life and Energy Efficiency Better Lamp Life and Energy Efficiency Environmental Impact Global Ban on Incandescent Published LED Standards (20‐‐) Government Government Regulatory Stakeholders – LED Initiatives Initiatives Government Support for LED Industry in India Usage in Automotive Lighting Solar LED Lights Trends Trends Digital Signage Technology Development Major Players Company 1 Company 2 Company 3 Co pet t o Competition Company 4 Company 5 Company 6 LED MARKET IN INDIA 2012.PPT 2
- 3. •Introduction •Market Overview Global India •Value Chain •Export Import •Drivers and Challenges •Required Initiatives Required Initiatives •Government Initiatives •Trends •Focus Area •Competition •Strategic Recommendations •Strategic Recommendations •Appendix LED MARKET IN INDIA 2012.PPT 3
- 4. General lighting segment of the global lighting market is expected to witness steady growth Global Lighting Market – Overview • Global lighting market is expected to reach INR x bn in 20‐‐ growing with a CAGR of y% over 20‐‐ ‐‐‐ • Three major segments of the global lighting market are A, B, C • General lighting segment accounted for x% of the total lighting market in 20‐‐and it is expected to secure a y% share of the market by 20‐‐ • The automotive segment at INR x bn accounted for y% of the global lighting market in 20‐‐ • However the backlighting segment is expected to witness a decline from INR x bn in 20‐‐ to around INR y bn in 20‐‐ Global Lighting Market Growth INR bn INR b X% 8,000 z y 6,000 x 4,000 x2 x3 x1 2,000 y1 y2 y3 0 z1 z2 z3 20‐‐ 20‐‐e 20‐‐e A B C LED MARKET IN INDIA 2012.PPT 4
- 5. Focus on energy efficient technology in lighting to foster the Indian LED market LED Market India – Overview Growth of LED Business • LED Industry in India is expected to reach INR x bn in 20‐‐ growing with a CAGR of z% over 20‐‐‐‐ period INR bn x6 • Owing to its energy efficiency LED is being considered 50 x5 the future of lighting in India 40 z x4 However the market share of LED lamps in total lamps 30 manufactured was around x% in 20‐‐ 20 x3 • Demand for packaged products will grow with a Demand for packaged products will grow with a x2 10 x1 1 CAGR of y% reaching INR x bn over 20‐‐‐‐‐ 0 20‐‐ 20‐‐ 20‐‐e 20‐‐e 20‐‐e 20‐‐e Demand for LED and LED Packaged Products Share of Lamps Manufactured (20‐‐) INR bn x4 2,000 A C x2 x3 B D 1,500 Z 1,000 500 x2 x1 x1 0 20‐‐ 20‐‐e LED MARKET IN INDIA 2012.PPT 5
- 6. •Introduction •Market Overview Global India •Value Chain •Export Import •Drivers and Challenges •Required Initiatives Required Initiatives •Government Initiatives •Trends •Focus Area •Competition •Strategic Recommendations •Strategic Recommendations •Appendix LED MARKET IN INDIA 2012.PPT 6
- 7. India has witnessed a steep decline in export volume of LED over 20‐‐‐‐ Exports Exports (Value and Volume) • Exports in value witnessed a rise from 20‐‐ to 20‐‐ Value y p p followed by a steep dip 20‐‐‐‐‐ Volume INR mn INR mn ‘000 units 000 units • Country 1 is the largest export market for LED 150 x1 x3 1,000 products both in terms of value and volume for 20‐‐‐‐ x2 100 y4 • Other nations accounting for major export share in y3 x4 500 20 (both volume and value) include Country 2 and 20‐‐‐‐ (both volume and value) include Country 2 and 50 y y2 y1 1 Country 3 0 0 20‐‐‐‐ 20‐‐‐‐‐ 20‐‐‐‐‐ 20‐‐‐‐‐ Segmentation – Value (20‐‐‐‐‐) Segmentation – Volume (20‐‐‐‐‐) Country 1 x6 x4 Country 1 y8 x3 x5 y1 Country 2 Country 2 Country 3 Country 3 x2 Country 4 Country 4 Country 4 C t 4 y7 Country 5 Country 5 y6 Country 6 Others y2 y5 Country 7 x1 y4 y3 Others LED MARKET IN INDIA 2012.PPT 7
- 8. •Introduction •Market Overview Global India •Value Chain •Export Import •Drivers and Challenges •Required Initiatives Required Initiatives •Government Initiatives •Trends •Focus Area •Competition •Strategic Recommendations •Strategic Recommendations •Appendix LED MARKET IN INDIA 2012.PPT 8
- 9. Drivers & Challenges – Summary Drivers Demand from Consumer Electronics Outdoor Lighting Application Challenges Growing Population and Rise in Income High Initial Cost Barrier Indoor Lighting Application Lack of Consumer Awareness Better Lamp Life and Energy Efficiency B tt L Lif dE Effi i High Import Dependency Environmental Impact Global Ban on Incandescent LED MARKET IN INDIA 2012.PPT 9
- 10. Growing usage of LED in the production of computer monitors to boost the Indian LED market Demand from Consumer Electronics (1/3) Impact • Finding 1 • Finding 2 Finding 2 • Finding 3 C O • Finding 4 M P • Finding 5 U T E R LED Monitor Sales S E ‘000 units G 400 x2 M E 300 N T x1 200 100 0 20‐‐ 20‐‐ LED MARKET IN INDIA 2012.PPT 10
- 11. •Introduction •Market Overview Global India •Value Chain •Export Import •Drivers and Challenges •Required Initiatives Required Initiatives •Government Initiatives •Trends •Focus Area •Competition •Strategic Recommendations •Strategic Recommendations •Appendix LED MARKET IN INDIA 2012.PPT 11
- 12. Trends – Summary Technology Development Usage in Automotive Lighting Key Trends Solar LED Lights Digital Signage HAIR COLOR MARKET IN INDIA 2011.PPT LED MARKET IN INDIA 2012.PPT 12
- 13. LED lighting applications have emerged as a popular car accessory over the recent years Usage in Automotive Lighting • Finding 1 • Finding 2 LED finds • Finding 3 Finding 3 growing growing • Finding 4 applications in • Finding 5 automotives Automotive LED Lights A B • Point 1 • Point 1 LED MARKET IN INDIA 2012.PPT 13
- 14. Public: Domestic Company – Company 1 (1/3) Company Information Offices and Centres – India Address 400 0‐‐ India Corporate Address Tel No. 91‐xx‐yyyyyyyy Fax No. 91‐xx‐yyyyyyyy Website www.xxx.com Year of Incorporation 19‐‐ Ticker Symbol 5‐‐‐‐‐‐‐‐ Stock Exchange ‐‐ Products and Services Products and Services Category Products/Services Segment 1 Product 1, Product 2, Product 3…. Key People Others Product 1, Product 2, Product 3…. Name N Designation D i ti Person 1 Chairman, Joint Managing Director Person 2 Joint Managing Director Person 3 President and Chief Operating Officer Person 4 Chief Financial Officer LED MARKET IN INDIA 2012.PPT 14
- 15. Public: Domestic Company – Company 1 (2/3) Financial Snapshot i i lS h Key Ratios K i y‐o‐y change Particulars 20‐‐ 20‐‐ 20‐‐ 20‐‐ Total Income Profit (20‐‐‐‐) Total Income INR mn INR mn Profitability Ratios Profit / Lossy3 40,000 y2 y4 1,500 Operating Margin ‐ ‐ ‐ ‐ ‐ 30,000 y1 Net Margin ‐ ‐ ‐ ‐ ‐ 1,000 Profit Before Tax Margin ‐ ‐ ‐ ‐ ‐ 20,000 x3 x4 500 Return on Equity ‐ ‐ ‐ ‐ ‐ 10,000 x1 x2 Return on Capital Employed ‐ ‐ ‐ ‐ ‐ 0 0 Return on Working Capital ‐ ‐ ‐ ‐ ‐ 20‐‐ 20‐‐ 20‐‐ 20‐‐ Return on Assets ‐ ‐ ‐ ‐ ‐ Financial Summary Return on Fixed Assets ‐ ‐ ‐ ‐ ‐ Cost Ratios • The company earned a net profit of INR x mn in FY 20‐‐, as Operating costs (% of Sales) ‐ ‐ ‐ ‐ ‐ compared to net profit of INR y mn in FY 20‐‐ Administration costs (% of ‐ ‐ ‐ ‐ ‐ • The company reported total Income of INR x mn in FY 20‐‐, Sales) registering an increase of z over FY 20‐‐ registering an increase of over FY 20 Interest costs (% of Sales) Interest costs (% of Sales) ‐ ‐ ‐ ‐ ‐ Liquidity Ratios • The company earned an operating margin of x% in FY 20‐‐ a Current Ratio ‐ ‐ ‐ ‐ ‐ decrease of y percentage points over FY 20‐‐ Cash Ratio ‐ ‐ ‐ ‐ ‐ • The company reported debt to equity ratio of x in FY 20‐‐, a Leverage Ratios ‐ ‐ ‐ ‐ ‐ decrease of y% over FY 20‐‐ Debt to Equity Ratio ‐ ‐ ‐ ‐ ‐ Debt to Capital Ratio b i l i ‐ ‐ ‐ ‐ ‐ Financial Summary Interest Coverage Ratio ‐ ‐ ‐ ‐ ‐ Indicators Value (dd/mm/yy) Efficiency Ratios Market Capitalization (INR) ‐ Fixed Asset Turnover ‐ ‐ ‐ ‐ ‐ Asset Turnover ‐ ‐ ‐ ‐ ‐ Total Enterprise Value (INR) ‐ Current Asset Turnover ‐ ‐ ‐ ‐ ‐ EPS (INR) ‐ Working Capital Turnover ‐ ‐ ‐ ‐ ‐ PE Ratio (Absolute) - Capital Employed Turnover ‐ ‐ ‐ ‐ ‐ LED MARKET IN INDIA 2012.PPT 15
- 16. Public: Domestic Company – Company 1 (3/3) Key Business Segments Key Geographic Segments A B C D A x1 100% x1 x2 x3 x4 100% 80% y1 y2 y3 y4 A is the only geographic 60% 50% segment of the company 40% z1 z2 z3 z4 20% a1 a a2 a3 a a4 0% 0% 20‐‐ 20-- 20-- 20-- 20-- Business Highlights Description D i ti News N • A is a part of the US based B worth INR x bn Overview • Company has four strategic business units in A, B, C, D • Company has a wide network with x branch offices across the country and is supported by a chain of around y distributors, z authorized dealers, over A retail outlets and over B Customer Care centers Network and Distribution • Major companies which has entered into a distribution agreement include Company 1 of Country 1 (for x), tie up with Company 2 of Country 2(for y) and Company 3 of Country 3 (for for z) LED MARKET IN INDIA 2012.PPT 16
- 17. Thank you for the attention The LED Market – India report is part of Netscribes’ Manufacturing Industry Series. For more detailed information or customized research requirements please contact: Phone: +91 33 4064 6214 91 33 4064 6214 E‐Mail: sales@netscribes.com Follow us on: About Netscribes Netscribes is a knowledge‐consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & g g f g p y p p f business research, business & corporate intelligence, content‐management services, and knowledge‐software services. At its core lies a true value proposition that draws upon a vast knowledge base. Netscribes is a one‐stop shop designed to fulfil clients’ profitability and growth objectives. Disclaimer: This report is published for general information only. Although high standards have been used in the preparation, Netscribes is Disclaimer: This report is published for general information only Although high standards have been used in the preparation “Netscribes” is not responsible for any loss or damage arising from use of this document. This document is the sole property of Netscribes and prior permission is required for guidelines on reproduction. LED MARKET IN INDIA 2012.PPT 17