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Last Updated: Apr 25, 2025 | Study Period:
Retail lighting refers to all the lighting a business uses to highlight particular items or regions of their store or to make their space more noticeable. A key component of one's merchandising strategy when starting a retail business is the lighting they select.
Effective lighting creates ambiance, directs customers to crucial parts of a store, and can even entice customers inside and keep them there for a longer period of time.
Comparable in efficiency to conventional PAR and fluorescent lighting, retail LED lighting is a viable option. In addition to being available in a wide range of Kelvin temperatures and having some of the highest color rendering indices, LED lights have an average lifespan of fifty thousand hours (CRI).
Retail establishments can regulate the angle at which light is emitted as well as the color, brightness level, timing, and other factors with the use of a common type of retail LED lighting known as LED directional lighting.
There are LED retrofits available that allow one to change present incandescent or fluorescent bulbs, which are energy-hungry, for retail establishments that want to stick with their current retail lighting fixtures.
The Global Retail LED lighting market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
New SMD Downlight for indoor retail locations is unveiled by Syska LED.
According to Syska, the unique Syska LED Recessed SMD Downlight is the ideal lighting option for indoor applications because it can be utilized in offices, showrooms, houses, malls, and other commercial and residential buildings. Aluminum and thermoplastic are the primary materials that make up the light's main component, which helps to make it lightweight and effectively dissipate heat.
The cutting-edge Syska LED Recessed SMD Downlight is the ideal lighting solution for interior applications because it can be utilized in malls, shops, houses, showrooms, and offices in addition to other indoor settings. Aluminum and thermoplastic are the primary materials that make up the light's main component, which helps to make it lightweight and effectively dissipate heat.
The Syska light is not only the brightest source of illumination, but it is also incredibly simple to install in any indoor space. There are five different power levels for the Syska LED Recessed SMD Downlight: 3W, 6W, 9W, 12W, and 15W. The input voltage range is between AC90 and 300V at 50Hz, and the corresponding lumen outputs are 210, 420, 630, 840, and 1050 lm.
In response to the introduction of the Syska LED Recessed SMD Downlight, the Director of the Syska Group stated, "At Syska, they think that there is always an opportunity to magnify the lifestyle of their consumers, and they deliver the promise by producing technology led solutions that appeal to their pan-India consumer base.
They are dedicated to developing a wide variety of environmentally friendly and energy-efficient lights because this is essential for the shift to lighting solutions that improve standard of living while reducing energy consumption. Taking environmental and aesthetic considerations into account, they have included the most recent technologies.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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