Lighting Industry in India Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030)

The Report Covers Lighting Market in India Overview and the Market is Segmented by Type of Product (Luminaires/Fixtures and Lamps), Light Source (LED and Conventional), Distribution Channel (Direct Sales/Developers/Contract, Wholesalers/Electricians, Lighting Specialists and Others), and Application (Commercial (Offices, Retail & Hospitality, Healthcare Facilities), Industrial (Process Industries, Discrete Industries, Warehouses and Other Industrial Setups), Outdoor, Residential). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Lighting Industry in India Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030)

Lighting in India Market Size

India Lighting Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 15.70 %
Market Concentration Low

Major Players

India Lighting Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of India Lighting Market with other markets in Technology, Media and Telecom Industry

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Lighting in India Market Analysis

The India Lighting Market is expected to register a CAGR of 15.7% during the forecast period.

Moreover, With technological developments such as artificial intelligence and LED lighting, business has been able to concentrate on the interior of their facilities in order to create a functioning working environment. Continuous innovation in the market for commercial lighting products, which might have a material impact on light bulbs, has been taking place to reduce energy costs.

  • Due to various supporting factors, conventional light bulbs in India are easily replaced by LED lights. Furthermore, as LEDs are progressively used in automotive headlamps, aviation, general lighting, advertising, lighted wallpapers, medical devices, camera flashes, and traffic signals, the LED lighting market is expanding throughout the country. In addition, the entry of Chinese LED light producers in India has enabled Indian manufacturers to offer innovative products.
  • More than half of India's population resides in urban cities, and the ratio continuously increases with each passing year. Moreover, this rate is even higher in highly dense cities such as Delhi, Mumbai, and Kolkata. Rapid urbanization has resulted in significant infrastructure development, including the construction of highways for connecting cities, commercial malls, and airports, over the past few years. Hence, the demand for outdoor LED lighting is increasing.
  • Some of public places, such as commercial buildings, including malls, stores, restaurants, hospitals, and schools, Significant amounts of energy consumption are attributable to lighting, which accounts for a large part of overall energy consumption. It is evident that these facilities would be aiming to reduce their operating costs. The government push has driven domestic manufacturing companies to target new opportunities in the market.
  • Also, parking lots in commercial buildings in India often get packed with vehicles during peak hours. A poorly lit parking lot can result in thieves and burglars unethically breaking into the vehicles. Since LED lights provide brighter and better illumination than conventional lighting solutions, they light up the entire space uniformly to ensure safety at all times.
  • LED fixtures, on the other hand, are new lighting fixtures that are developed and manufactured with LED technology and may be used to replace any current lighting solutions. Therefore, any disruption in real estate or construction industry will negatively impact the lighting solutions worldwide.

Lighting in India Industry Overview

The India Lighting Market is highly competitive owing to the presence of many large and regional players in the market. The market players are adopting strategies like product innovation, partnerships, mergers, and acquisitions to extend their geographic reach and stay ahead of the competitors. Some of the major players in the market are Signify N.V., Havells India Limited, SYSKA, Wipro Ltd., and Bajaj Electricals Ltd, among others.

  • August 2023 - Signify N.V. has announced collobration with Brahmaputra Volleyball League (BVL) to light up 20 community volleyball courts in the rural districts of Assam in India, where project aims to support the growth and adoption of volleyball amongst rural communities in the state.
  • June 2022 - HELLA launched Energy-Efficient Work Lamps And Floodlights in India. HELLA’s floodlights and work lamps are used wherever ideal illumination of the work area is required to increase worker safety.

Lighting in India Market Leaders

  1. Signify N.V.

  2. Havells India Limited

  3. SYSKA

  4. Wipro Ltd.

  5. Bajaj Electricals Ltd

  6. *Disclaimer: Major Players sorted in no particular order
India Lighting Market Concentration
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Lighting in India Market News

  • May 2023 - Signify N.V. has announced it has illuminated 43 villages in Majuli Island, Assam, to increase the safety of local inhabitants by lighting up their streets with Solar Lights. The project executed in partnership with (ESAF) is part of the company’s Har Gaon Roshan CSR Program, that focuses on sustainable rural development.
  • June 2022 - Tolez launched a futuristic, wall-hanging artwork with customizable RGB ambient light that instantly It creates the mood and atmosphere for relaxation and increased entertainment in every room.With soothing colors and rhythmic beats that light up music, games, and movies, Tolez makes every room special.

Lighting in India Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definitions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Technological Trends/Advances
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Buyers
    • 4.3.2 Bargaining Power of Suppliers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Import/Export Scenario - India, Nepal, Bangladesh, Pakistan, and Sri Lanka
  • 4.5 Industry Value Chain Analysis
  • 4.6 Assessment of the Impact of COVID -19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Increase in Need for Energy-efficient Lighting Systems
    • 5.1.2 Favorable Government Regulations
  • 5.2 Market Restraints
    • 5.2.1 High Initial Investment

6. MARKET SEGMENTATION

  • 6.1 Type of Product
    • 6.1.1 Luminaires/Fixtures
    • 6.1.2 Lamps
  • 6.2 Light Source
    • 6.2.1 LED
    • 6.2.2 Conventional
  • 6.3 Distribution Channel
    • 6.3.1 Direct Sales/Developers/Contract
    • 6.3.2 Wholesalers/Electricians
    • 6.3.3 Lighting Specialists and Others
  • 6.4 Application
    • 6.4.1 Commercial
    • 6.4.1.1 Offices
    • 6.4.1.2 Retail & Hospitality
    • 6.4.1.3 Healthcare Facilities
    • 6.4.1.4 Others
    • 6.4.2 Industrial
    • 6.4.2.1 Process Industries
    • 6.4.2.2 Discrete Industries
    • 6.4.2.3 Warehouses and Other Industrial Setups
    • 6.4.3 Outdoor
    • 6.4.4 Residential

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Signify N.V.
    • 7.1.2 Havells India Limited
    • 7.1.3 Syska
    • 7.1.4 Wipro Ltd.
    • 7.1.5 Bajaj Electricals Ltd
    • 7.1.6 Crompton Greaves Consumer Electricals Limited
    • 7.1.7 Surya Roshini
    • 7.1.8 Halonix
    • 7.1.9 MIC Electronics
  • *List Not Exhaustive

8. VENDOR RANKING ANALYSIS

9. FUTURE OF THE MARKET

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Lighting in India Industry Segmentation

Lighting or illumination is the deliberate use of light to achieve practical or aesthetic effects. Lighting includes the use of both artificial light sources like lamps and light fixtures, as well as natural illumination by capturing daylight

The scope of the study focuses on the market analysis of light used in different applications in India. The study includes a detailed breakdown of the type of product, light source, distribution channel, and applications. The impact of COVID-19 on the market and affected segments are also covered under the scope of the study. Further, the disruption factors impacting the market's growth in the near future have been covered in the study regarding drivers and restraints.

India lighting market is segmented by product (luminaires/fixtures, lamps), light source (LED, conventional), distribution channel(direct sales/developers/contract, wholesalers/electricians, lighting specialists and others), application (commercial (offices, retail & hospitality,healthcare facilities), industrial (process industries,discrete industries,warehouses and other industrial setups),outdoor, residential). The market sizes and forecasts are provided in terms of value in USD for all the above segments.

Type of Product Luminaires/Fixtures
Lamps
Light Source LED
Conventional
Distribution Channel Direct Sales/Developers/Contract
Wholesalers/Electricians
Lighting Specialists and Others
Application Commercial Offices
Retail & Hospitality
Healthcare Facilities
Others
Industrial Process Industries
Discrete Industries
Warehouses and Other Industrial Setups
Outdoor
Residential
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Lighting in India Market Research FAQs

What is the current India Lighting Market size?

The India Lighting Market is projected to register a CAGR of 15.70% during the forecast period (2025-2030)

Who are the key players in India Lighting Market?

Signify N.V., Havells India Limited, SYSKA, Wipro Ltd. and Bajaj Electricals Ltd are the major companies operating in the India Lighting Market.

What years does this India Lighting Market cover?

The report covers the India Lighting Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India Lighting Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Lighting in India Industry Report

The Indian Lighting Market is witnessing remarkable growth, fueled by technological advancements, government initiatives, and a shift towards LED technology. This surge is particularly evident in the LED segment, known for its energy efficiency, cost-effectiveness, and environmental benefits, making it the preferred choice across commercial, industrial, residential, and outdoor lighting sectors. Indian lighting companies are at the forefront, leveraging these trends to innovate and expand, offering products ranging from panel lights to smart LED solutions. The government's support for smart city projects and energy-efficient lighting further boosts the market, attracting investments and new projects. With a focus on sustainable and eco-friendly options, the future looks bright for the Indian lighting industry. For detailed insights, Mordor Intelligence™ provides comprehensive analysis, including market share, size, revenue growth rate, and a forecast outlook, available as a free report PDF download, highlighting the promising opportunities for Indian lighting companies in this evolving market.