The global LED lighting market size was valued at $50.91 billion in 2020 and is expected to witness a CAGR of 12.5 percent till 2028 according to Grand View Research. However, when it comes to India, a new market scenario is presently evident. Following the country wide ban of Chinese LED lighting products and the pandemic outbreak, shortage in supply has become a pressing issue in the native market. The shortage in the LED industry which has led to a price hike for LED chips can be attributed primarily to the fact that industry underestimated the production capacity needed for key parts of the supply chain.
Many native producers are now trying to solve the shortage problem in the industry and cater to the growing demand of the market. Among them, Webers Technologies has emerged as a recognised provider of energy-saving lighting solutions. With its innovative LED lighting products in a variety of sizes, shapes, colour temperatures and features, Webers offers a way of life that substantially benefits consumers as well as the environment. G.S Sachdeva, Vice President & COO, Webers Technologies says, “We are quite confident on our present and future product launches and we will also be entering into modular switches very soon. Our company will keep adding high-value new products to achieve its target turnover".
Extensive Range of Products
With an emphasis on reducing the environmental impact, from product development to disposal and recycling, Webers leads the way with its innovations and new lighting technology, striving for a better tomorrow for all. The products include Flood Lights, Street Lights, COB’s, Lamps, Downlighters, Strips, Rope lights, High Bays, Module Lights, Up Down Lights, Well Glass Lights and many more.
“We put a higher priority on customers, rather than on internal KPIs. For example, we insist on the highest quality or integrity standard before a new product launch schedule. Our entire employee community now has an innovation mindset – people try to create something new. We try to innovate and find solutions faster by integrating different disciplines – hardware, components, product knowledge”, mentions Sachdeva.
Webers products use high quality LED chips for very high lumen output for a given wattage. The drivers have been specifically designed to last India’s brutal voltage fluctuations resulting in minimal driver failures and replacements. It is this approach that has allowed the company to create a market for itself in an otherwise crowded segment.
We are quite confident on our present and future product launches and we will also be entering into modular switches very soon. Our company will keep adding high-value new products
Apart from being energy efficient, Webers also aims towards a low carbon future. All the products manufactured by the company have very low carbon footprint emitting 80 percent less CO2 compared to other products.
Vision for the Future
The company is satisfied with its growth so far and is quite confident on the new launches which are already in the pipeline. Webers Technologies is targeting to launch its products in three new states within this financial year with a vision of covering the whole country in another five years. “We would like to create an infrastructure that creates a base for connecting and receiving data from all silos, be it internally in the workplace as well as externally that will help us to develop products that our customers want and also what they really need”, concludes Sachdeva.
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