Lamp market is generating significant momentum in the overall lighting industry as the market players are launching a wide range of product portfolios with low pricing strategies to compete with other LED counterparts. The overall cost effectiveness and low replacement prices of these lamps have enabled extensive product penetration in the public and government infrastructure such as highways, stations, etc. Government initiatives undertaken to develop the rural areas of the emerging economies will fuel the growth of lamp market. The global lamp industry is characterized by extensive product deployment not only from the residential sector, but also from the automotive, … Continue reading Lamp Market Present Scenario and Growth Prospects from 2017 to 2024