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Market Size

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 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.

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