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Bharatbookbureau MarketReport on 05 Apr 13Energy-efficient lighting is the major force driving the Brazilian lighting sector. The Brazilian lighting market, which was valued at US$XXX million in 2010, is expected to grow at CARG of XXX% to reach US$XXX million in 2015. The lighting products market is competitive with the presence of manufacturers such as Philips, Osram and GE accounting for a significant share of the market. There has been a significant increase in demand for energy-efficient lighting products such as CFLs and LEDs since 2009, and Brazilian government regulations to abolish all incandescent bulbs by 2013 is driving the energy-efficient lighting products market. The easy availability of raw materials is encouraging companies to open manufacturing units in Brazil, and the country exports a high percentage of its lighting products to other American countries.