Sale

India Lighting Market

India Lighting Market Share, Size, Growth, Analysis: By Light Type: LEDs, CFLs, HIDs and Halogens, Incandescent, Others; By Product: Bulbs, Streetlights, Downlights, Tube Lights, Flood Lights, Others; By Distribution Channels; B2B, B2C; By End Use: Industrial, Offices, Government Buildings, Others; Competitive Landscape; 2024-2032

India Lighting Market Size

The India lighting market reached a value of more than USD 3.79 billion in 2023. The market is expected to grow at a CAGR of 9.8% between 2024 and 2032, reaching a projected value of USD 8.79 billion by 2032.

 

India Lighting Market Outlook

  • The UJALA and Street Lighting National Programme in India have been highly successful, with over 1.15 billion LEDs installed, surpassing targets and resulting in substantial energy savings.
  • The LED Street Lighting National Programme has illuminated 3,00,000 km of roads, enhancing public safety and energy efficiency.
  • The UJALA initiative has distributed over 36.13 crore LED bulbs, contributing to substantial energy savings and reduced greenhouse gas emissions.
  • As per industry reports, the average electricity availability in rural areas has gone up from 12:30 hours in 2014 to 22:30 hours at present, while in urban areas the national average availability is 23:30 hours.

 

india lighting market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

India Lighting Market Growth

Lighting, also known as illumination, refers to the deliberate arrangement or use of lights in a shopping complex, room, and street, among other places, to attain aesthetic or practical effects. Lighting plays a huge role in all industries.

 

Factors that have led to India lighting market development include the rapid transition from traditional lighting to energy-efficient LED lighting, the increasing adoption of smart lighting technology, and the strong presence of major lighting technology manufacturers in the region. Additionally, factors such as the awareness of the benefits of smart lighting systems, technological advancements in existing lighting appliances, and the growing concerns about energy efficiency and sustainability contribute to the market's expansion.

 

Key Trends and Developments

Transition to LED technology, the adoption of smart lighting solutions, government initiatives and regulations, and the focus on aesthetics, are collectively driving the India lighting market growth

 

August 2023

Signify inaugurated its largest LED lighting manufacturing facility in Jiujiang, China, enhancing global production capacity. The 200,000-square metre site with 192 production lines and advanced technology will produce high-quality LED products for global markets.

 

June 2023

Signify introduced energy-efficient Philips LED outdoor lights with UltraEfficient solar technologies that provide a lifespan of up to 50,000 hours and energy-efficient outdoor lighting solutions. These lights can withstand various weather conditions, from high temperatures to heavy rain.

 

April 2022

Signify partnered with RDO Trust, FINISH Society, and Signify Foundation to install solar power plants and LED lights in 18 Primary Health Centres in Bihar and Jharkhand, India. This initiative aims to enable 24/7 access to electricity in rural health centres that often suffer from intermittent power supply.

 

April 2020

Signify Holding initiated a smart LED streetlight project in Pune, India to enhance road safety and reduce energy consumption. By implementing digital infrastructure, the project addressed the public concern over dark streets in Pune, a city known for its vibrant ambience.

 

Transition to LED technology

One of the most significant trends in the India lighting market is the rapid adoption of LED technology. LED lighting solutions are gaining immense popularity due to their energy efficiency, long lifespan, and eco-friendliness compared to traditional lighting sources like incandescent and fluorescent lamps.

 

Smart lighting solutions

With advancements in IoT, robust internet connectivity, and Bluetooth Smart technology, smart lighting solutions are gaining traction. These systems provide users with more control over their lighting, allowing them to adjust brightness, colour, and scheduling based on their preferences and energy-saving goals.

 

Government initiatives and regulations

The Indian government's policies and initiatives have played a significant role in shaping the lighting market in India. The "Unnat Jyoti by Affordable LEDs for All (UJALA)" program, which procured LED bulbs for the national market through competitive bidding, has been a major driver of LED adoption.

 

Focus on customisation and aesthetics

The growing emphasis on lighting as a design element, rather than just a functional necessity, is expected to drive the demand for customised and aesthetically appealing LED lighting solutions in the Indian market. LED lighting offers a wide range of possibilities in terms of colour, shape, and design, allowing consumers to purchase lights that complement their interior decor.

 

India Lighting Market Trends

The price of LED bulbs in India has dropped dramatically, from Rs. 400 (USD 6.4) in 2014 to about Rs. 70 (USD 1) just five years later, making them more affordable for consumers. The increasing demand for LED lights is further driven by government initiatives, better awareness in metro cities, and growing requirements from the street lighting and industrial lighting domains.

 

As per industry reports, the Street Lighting National Programme (SLNP) has replaced over 2.1 million conventional streetlights with LED streetlights across the country. Moreover, the demand for LED lighting is expected to fuel owing to the growing constructional industry in the country. This is further anticipated to bolster the India lighting market expansion.

 

Additionally, the high presence of numerous market players coupled with the rapid increase in the population in the country is expected to drive the growth of the India lighting market during the forecast period.

 

india lighting market by segments

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

India Lighting Industry Segmentation

The EMR’s report titled “India Lighting Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Light Type

  • LEDs
  • CFLs
  • HIDs and Halogens
  • Incandescent
  • Others

 

Market Breakup by Product 

  • Bulbs
  • Streetlights
  • Downlights
  • Tube Lights
  • Flood Lights
  • Others

 

Market Breakup by Distribution Channels

  • B2B
  • B2C

 

Market Breakup by End Use

  • Industrial 
    • Manufacturing
    • Electronics
    • Oil and Gas
    • Mining
    • Automotive
    • Others
  • Offices
  • Government Buildings
  • Private Buildings
  • Hospitals
  • Outdoor

 

India Lighting Market Share

The rapid adoption of LED technology is driven by government initiatives, consumer preferences, and technological advancements

The LED segment is expected to witness robust growth in the market on account of the surging constructional activities. LED lights consume nearly 90% less energy as compared to other lighting appliances which is further influencing the demand for the LED segment among consumers. As per India lighting market analysis, the Indian government's initiatives like the Unnat Jyoti by Affordable LEDs for All (UJALA) scheme have also accelerated the adoption of LED lighting and the phasing out of inefficient technologies like CFLs, HIDs, and halogens.

 

Moreover, the increasing consumer awareness about energy efficiency and sustainability is driving the preference for LED lighting over traditional technologies. Declining manufacturing costs and prices of LED bulbs are making them more competitive compared to CFLs, HIDs, and halogens. The growing demand for smart and connected lighting solutions is further boosting the adoption of LED technology over conventional lighting options.

 

Steet light segment holds a significant market share due to declining LED prices and the growing awareness of the benefits of energy-efficient lighting solutions

The street light segment is expected to register growth in the India lighting market share during the forecast period on account of an increase in smart city projects and growing commercial construction activities.  Flood lights are another popular choice for outdoor lighting applications, such as sports arenas, construction sites, and parking lots. The demand for LED flood lights is increasing due to their high light output, energy efficiency, and long lifespan. The growing adoption of LED flood lights is driven by the need for better visibility, security, and energy savings in outdoor spaces.

 

Downlights, on the other hand, are popular choice for indoor lighting in residential and commercial spaces in India. The demand for LED downlights is growing due to their energy efficiency, sleek design, and ease of installation. Manufacturers are responding to this trend by introducing innovative LED downlight solutions with features like adjustable colour temperatures, dimmable options, and integrated smart controls.

 

india lighting market by region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Leading Companies in the India Lighting Market

Market players are transitioning to energy-efficient LED technology, promoting smart lighting solutions with enhanced control and automation, and aligning their strategies with government initiatives

 

Signify Holding was founded in 1989 and is based in Eindhoven, Netherlands. It is a world leading company that deals in lighting for consumers, professionals, and lighting for IoTs. Its energy-efficient lighting systems, services, and products enable consumers to enjoy a premium quality of light.

 

Wipro Enterprises Limited was founded in 1945 and is headquartered in Bangalore, India. It includes Wipro Consumer Care and Lighting as well as Wipro Infrastructure Engineering under its divisions. Wipro Consumer Care and Lighting is a global leading fast-moving consumer goods company across home care, personal care, office furniture, and lighting and switches.

 

Bajaj Electricals Ltd was founded in 1938 and its headquarters is in Maharashtra, India. It has a market presence in superior home appliances as well as cookware segments with brands such as Nirlep and Morphy Richards. The company aims to provide optimal lighting solutions with cutting edge technology for all lighting needs.

 

Havells India Limited, a multinational electrical equipment company, was founded in 1958 and is headquartered in Uttar Pradesh, India. It manufactures home appliances, lighting solutions, fans, switches, wiring accessories, water heaters, circuit protection switchgear, cables, motors, and capacitors. It operates brands like Havells, Lloyd, Crabtree, Standard Electric, and Reo.

 

Other key players in the India lighting market report include OSRAM GmbH, Surya Roshni Limited, and Syska Led Lights Pvt Ltd, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Light Type
  • Product
  • Distribution Channels
  • End Use
Breakup by Light Type
  • LEDs
  • CFLs
  • HIDs and Halogens
  • Incandescent
  • Others
Breakup by Product
  • Bulbs
  • Streetlights
  • Downlights
  • Tube Lights
  • Flood Lights
  • Others
Breakup by Distribution Channels
  • B2B
  • B2C
Breakup by End Use
  • Industrial
  • Offices
  • Government Buildings
  • Private Buildings
  • Hospitals
  • Outdoor
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Signify Holding
  • Wipro Enterprises Limited
  • OSRAM GmbH
  • Bajaj Electricals Ltd
  • Havells India Ltd
  • Surya Roshni Limited
  • Syska Led Lights Pvt Ltd
  • Others

 

Our Top Selling Reports

HVAC Market

Toys Market

Lime Market

Urea Market

Bus Market

Tuna Market

Construction Market

Helium Market

Asphalt Market

Footwear Market

 

India Lighting Market Report Snapshots

India Lighting Market Size

India Lighting Market Growth

India Lighting Market Trends

India Lighting Market Share

India Lighting Companies

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    India Lighting Market Analysis

    8.1    Key Industry Highlights
    8.2    India Lighting Historical Market (2018-2023) 
    8.3    India Lighting Market Forecast (2024-2032)
    8.4    India Lighting Market by Light Type
        8.4.1    LEDs
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    CFLs
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    HIDs and Halogens
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Incandescent
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    India Lighting Market by Product
        8.5.1    Bulbs
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Streetlights
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Downlights
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Tube Lights
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Flood Lights
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    India Lighting Market by Distribution Channels
        8.6.1    B2B
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    B2C
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    India Lighting Market by End Use
        8.7.1    Industrial
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
            8.7.1.3    Market by Type
                8.7.1.3.1    Manufacturing
                8.7.1.3.2    Electronics
                8.7.1.3.3    Oil and Gas
                8.7.1.3.4    Mining
                8.7.1.3.5    Automotive
                8.7.1.3.6    Others
        8.7.2    Offices
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Government Buildings
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Private Buildings
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Hospitals
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
        8.7.6    Outdoor
            8.7.6.1    Historical Trend (2018-2023)
            8.7.6.2    Forecast Trend (2024-2032)
9    Market Dynamics
    9.1    SWOT Analysis
        9.1.1    Strengths
        9.1.2    Weaknesses
        9.1.3    Opportunities
        9.1.4    Threats
    9.2    Porter’s Five Forces Analysis
        9.2.1    Supplier’s Power
        9.2.2    Buyer’s Power
        9.2.3    Threat of New Entrants
        9.2.4    Degree of Rivalry
        9.2.5    Threat of Substitutes
    9.3    Key Indicators for Demand
    9.4    Key Indicators for Price
10    Competitive Landscape
    10.1    Market Structure
    10.2    Company Profiles
        10.2.1    Signify Holding
            10.2.1.1    Company Overview
            10.2.1.2    Product Portfolio
            10.2.1.3    Demographic Reach and Achievements
            10.2.1.4    Certifications
        10.2.2    Wipro Enterprises Limited
            10.2.2.1    Company Overview
            10.2.2.2    Product Portfolio
            10.2.2.3    Demographic Reach and Achievements
            10.2.2.4    Certifications
        10.2.3    OSRAM GmbH
            10.2.3.1    Company Overview
            10.2.3.2    Product Portfolio
            10.2.3.3    Demographic Reach and Achievements
            10.2.3.4    Certifications
        10.2.4    Bajaj Electricals Ltd
            10.2.4.1    Company Overview
            10.2.4.2    Product Portfolio
            10.2.4.3    Demographic Reach and Achievements
            10.2.4.4    Certifications
        10.2.5    Havells India Ltd
            10.2.5.1    Company Overview
            10.2.5.2    Product Portfolio
            10.2.5.3    Demographic Reach and Achievements
            10.2.5.4    Certifications
        10.2.6    Surya Roshni Limited
            10.2.6.1    Company Overview
            10.2.6.2    Product Portfolio
            10.2.6.3    Demographic Reach and Achievements
            10.2.6.4    Certifications
        10.2.7    Syska Led Lights Pvt Ltd
            10.2.7.1    Company Overview
            10.2.7.2    Product Portfolio
            10.2.7.3    Demographic Reach and Achievements
            10.2.7.4    Certifications
        10.2.8    Others
11    Key Trends and Developments in the Market

 

List of Figures and Tables

1.    India Lighting Market: Key Industry Highlights, 2018 and 2032
2.    India Lighting Historical Market: Breakup by Type (USD Million), 2018-2023
3.    India Lighting Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    India Lighting Historical Market: Breakup by Products (USD Million), 2018-2023
5.    India Lighting Market Forecast: Breakup by Products (USD Million), 2024-2032
6.    India Lighting Historical Market: Breakup by Distribution Channels (USD Million), 2018-2023
7.    India Lighting Market Forecast: Breakup by Distribution Channels (USD Million), 2024-2032
8.    India Lighting Historical Market: Breakup by End Use (USD Million), 2018-2023
9.    India Lighting Market Forecast: Breakup by End Use (USD Million), 2024-2032
10.    India Lighting Market Structure

Key Questions Answered in the Report

In 2023, the market attained a value of nearly USD 3.79 billion.

The India lighting market is expected to grow at a CAGR of 9.8% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032, reaching almost USD 8.79 billion by 2032.

The major drivers of the market include the growing population, increase in government regulations for energy saving, and increasing infrastructural projects.

Key trends aiding market expansion include the growing construction industry coupled with increased demand for LED lights among consumers and the adoption of smart lighting solutions.

The various type of lighting in India include LEDs, CFLs, HIDs and halogens, and incandescent, among others.

The different products include bulbs, streetlights, downlights, tube lights, and flood lights, among others.

The different end-uses of lighting in the market include industrial, offices, government buildings, private buildings, hospitals, and outdoors.

Key players in the market are Signify Holding, Wipro Enterprises Limited, OSRAM GmbH, Bajaj Electricals Ltd, Havells India Ltd, Surya Roshni Limited, and Syska Led Lights Pvt Ltd, among others.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER