India Outdoor LED Lighting Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

The India Outdoor LED Lighting Market is segmented by Outdoor Lighting (Public Places, Streets and Roadways, Others). Market Volume is presented in Units, and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capita Income, Lighting Electricity Consumption, LED Penetration, Road Network in km, Number of Stadiums, and Horticulture Area.

India Outdoor LED Lighting Market Size

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India Outdoor LED Lighting Market Summary
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Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2030
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 1.08 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 1.34 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Outdoor Lighting Streets and Roadways
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2030) 3.72 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Outdoor Lighting Public Places

Major Players

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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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India Outdoor LED Lighting Market Analysis

The India Outdoor LED Lighting Market size is estimated at 1.08 billion USD in 2024, and is expected to reach 1.34 billion USD by 2030, growing at a CAGR of 3.72% during the forecast period (2024-2030).

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1.08 Billion

Market Size in 2024 (USD)

1.34 Billion

Market Size in 2030 (USD)

0.06 %

CAGR (2017-2023)

3.72 %

CAGR (2024-2030)

Largest Segment by Outdoor Lighting

74.79 %

value share, Streets and Roadways , 2023

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India's National Highway (NH) network expanded from 91,000 km in 2014 to around 140,000 km in April 2022.

Fastest-growing Segment by Outdoor Lighting

6.87 %

Projected CAGR, Public Places , 2024-2030

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The urbanization and development of 2-tier and 3-tier cities is causing a complete revolution in India. This is leading to rapid development in public places.

First Leading Market Player

9.03 %

market share, Havells India Ltd. , 2022

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The company has 14 highly automated production facilities in India which have been certified with ISO 9001, 14001, 4500 and 50001, as well as international product certification from Kema IEC, CBIEC, ESMA, Soncap, CSA SIRIM.

Second Leading Market Player

4.73 %

market share, Surya Roshni Limited , 2022

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Surya Roshni Limited has manufacturing facilities at Kashipur (Uttarakhand) and Malanpur (Madhya Pradesh). It also has R&D Centre, the Surya Technology & Innovation Centre (STIC) at Noida.

Third Leading Market Player

3.77 %

market share, Crompton Greaves Consumer Electricals Limited , 2022

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Crompton Greaves Consumer Electricals Limited holds the second-largest market share in India. It has implemented LED outdoor lighting products on national highways and roads throughout the country, operating in harsh conditions.

The development of roadways and streetways for the economic growth of the country leads to an increase in sales of LED lights

  • It is projected that streets and roadways will account for the majority of the value share in 2023, followed by public places and others. India boasts the second-largest road network globally, with a total length of 6.4 million kilometers comprising national, state, urban, and rural roads. Investing in the road sector and infrastructure is crucial to ensure connectivity to the last mile. Every year, highways transport around 85% of passenger and 70% of freight traffic. Shorter trips are better suited to road traffic, making the growth of roadways imperative for the country. In terms of volume share, streets and roadways accounted for the majority share in 2022, followed by public places and others.
  • The government plans to spend INR 5.35 billion (USD 741.51 billion) to construct 65,000 kilometers of national highways by 2022. Andhra Pradesh will build 8,970 kilometers of roads for USD 296.05 million. To improve street lighting and reduce energy consumption, the Kolkata Municipal Lighting Department installed 75,000 LED lights in key areas of the Tollygunge Jadavpur street network to replace conventional sodium lamps. Therefore, the road network's overall growth due to the increasing use of LED lighting on roads will increase the demand for LED lighting in the country.
  • Smart street lighting is considered an ideal starting point to enable energy savings and operational cost savings. For instance, in July 2020, the Government of Jammu and Kashmir (India) led an effort to install LED street lighting in Srinagar as part of its smart city mission.
India Outdoor LED Lighting Market

India Outdoor LED Lighting Market Trends

The promotion of national-level sports leagues is complementing the growth of stadiums

  • The number of stadiums is expected to grow from 114 units in 2022 to 137 units in 2030, exhibiting a CAGR of 2.3%. The sports sector has undergone several changes in recent years. For instance, LED floodlights were placed in the Patel Stadium in Motera, Gujarat, in 2021 to minimize shadows and make it simpler to see aerial balls during games. Barabati Stadium was expected to have 384 LED lights installed by 2022. Philips is the supplier of these lights. The Rajkot Cricket Stadium was expected to be outfitted with energy-efficient LEDs in 2023. Additionally, the Wankhede Stadium had new floodlights built in time for the 2023 World Cup. In total, five stadiums were upgraded and renovated in advance of the World Cup. These factors contributed to the growth of the LED market in the country.
  • The Asian Games, the Commonwealth Games, the FIFA Under-17 World Cup, and the Cricket World Cup were just a few of the international sporting events that were held in India. The Indian Premier League, the I-League, and the Indian Super League are additional domestic sports leagues. Numerous more cricket competitions, in addition to the yearly Indian Premier League, are held at Indian stadiums. Funding for stadium infrastructure and new buildings is anticipated to increase as a result of major sporting events like the World Cup. For instance, the Government of Odisha announced plans to build 89 multipurpose stadiums in 2021 at a budget of INR 693.35 Crore. Additionally, Varanasi was expected to start building an international stadium in 2023, which is projected to be finished by 2024. Thus, the renovation and construction of new stadiums and an increase in sporting tournaments are expected to increase sales of LED lights in the country.
India Outdoor LED Lighting Market

Indian government schemes are providing affordable residential homes, boosting the LED light penetration in the country

  • In 2023, India had a population of over 1.40 billion. In India, there were roughly 16.42 live births per 1,000 people in 2021, with approximately 2.03 children born to each mother. The national government's ambitious Pradhan Mantri Awas Yojana (PMAY) scheme, which aimed to construct 20 million affordable residences in metropolitan areas all across the nation by 2022, drove the residential sector. The anticipated expansion in urban housing units, along with the rising commercial and retail office space, necessitates greater energy efficiency. This is projected to drive the demand for energy-efficient LED lighting. In July 2023, the total production of passenger vehicles, three-wheelers, two-wheelers, and quad bikes was 2.08 million units. In 2030, India is expected to be a leader in shared mobility, providing opportunities for energy and autonomous vehicles. The Indian government has set a target to have 30% of new cars sold in India be energy-efficient by 2030. Lighting using LED lights will be very important, boosting LED sales.
  • In India, the automotive industry has experienced significant expansion. In comparison to 23,040,066 automobiles produced from April 2021 to March 2022, the industry produced 25,931,867 vehicles from April 2022 to March 2023. The sales of passenger cars in 2023 increased from 14,67,039 in 2022 to 17,47,376. The percentage of Indians who own an automobile exceeded 7%. With a sizable demand for passenger vehicles, the expanding trend is anticipated to continue during the forecast period. The demand for dependable and brilliant car lighting, particularly LEDs due to their energy efficiency, will increase more as the number of vehicles on the road rises.
India Outdoor LED Lighting Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Rising per capita income in the country is boosting the demand for LED lighting from the residential, commercial, and automotive sectors
  • Increasing FDI and emphasis on efficient lighting is pushing the implementation of LEDs
  • Government schemes such as UJALA are increasing the penetration of LEDs in the country
  • Production-linked incentives are expected to encourage local LED manufacturing industries
  • Increasing nuclear families, urbanization, and increasing per capita income are driving the growth of the housing sector

India Outdoor LED Lighting Industry Overview

The India Outdoor LED Lighting Market is fragmented, with the top five companies occupying 22.29%. The major players in this market are Bajaj Electrical Ltd, Crompton Greaves Consumer Electricals Limited, Havells India Ltd., Signify Holding (Philips) and Surya Roshni Limited (sorted alphabetically).

India Outdoor LED Lighting Market Leaders

  1. Bajaj Electrical Ltd

  2. Crompton Greaves Consumer Electricals Limited

  3. Havells India Ltd.

  4. Signify Holding (Philips)

  5. Surya Roshni Limited

India Outdoor LED Lighting Market Concentration

Other important companies include Eveready Industries India Limited, OPPLE Lighting Co., Ltd, Orient Electric Limited, Syska Led Lights Private Limited, Wipro Lighting Limited (Wipro Enterprises Ltd.).

*Disclaimer: Major Players sorted in alphabetical order.

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India Outdoor LED Lighting Market News

  • April 2023: Signify launched High Performance Lighting Solutions "Philips Skyline e-Way" For Safer Highways.
  • March 2023: In 2023, the company launched LED track lights. The design of these track lights is aimed at producing a luminous and ambient illumination, which renders them ideal for generating a radiant ambiance in any area.
  • January 2023: In 2023, the company Lights up Iconic Buildings Across India in Tricolour for Republic Day as a part of #OrientLightsUpIndia campaign.

Free with this Report

We provide a complimentary and exhaustive set of data points on the country and regional level metrics that present the fundamental structure of the industry. Presented in the form of 40+ free charts, the sections cover difficult to find data on various countries on Automotive Production, Lighting Electricity Consumption, Road Network, Number of Stadiums, Number of Charging Stations among others.

India Outdoor LED Lighting Market
India Outdoor LED Lighting Market
India Outdoor LED Lighting Market
India Outdoor LED Lighting Market

India Outdoor LED Lighting Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. Population

    2. 2.2. Per Capita Income

    3. 2.3. Total Import Of LEDs

    4. 2.4. Lighting Electricity Consumption

    5. 2.5. # Of Households

    6. 2.6. LED Penetration

    7. 2.7. # Of Stadiums

    8. 2.8. Regulatory Framework

      1. 2.8.1. India

    9. 2.9. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

    1. 3.1. Outdoor Lighting

      1. 3.1.1. Public Places

      2. 3.1.2. Streets and Roadways

      3. 3.1.3. Others

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)

      1. 4.4.1. Bajaj Electrical Ltd

      2. 4.4.2. Crompton Greaves Consumer Electricals Limited

      3. 4.4.3. Eveready Industries India Limited

      4. 4.4.4. Havells India Ltd.

      5. 4.4.5. OPPLE Lighting Co., Ltd

      6. 4.4.6. Orient Electric Limited

      7. 4.4.7. Signify Holding (Philips)

      8. 4.4.8. Surya Roshni Limited

      9. 4.4.9. Syska Led Lights Private Limited

      10. 4.4.10. Wipro Lighting Limited (Wipro Enterprises Ltd.)

  7. 5. KEY STRATEGIC QUESTIONS FOR LED CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. HUMAN POPULATION IN MILLION, NUMBERS, INDIA, 2017 - 2030
  1. Figure 2:  
  2. PER CAPITA INCOME, USD, INDIA, 2017 - 2030
  1. Figure 3:  
  2. VALUE OF LED IMPORTS, USD MILLION, INDIA, 2017 - 2030
  1. Figure 4:  
  2. CONSUMPTION OF ELECTRICITY FOR LIGHTING, TWH, INDIA, 2017 - 2030
  1. Figure 5:  
  2. COUNT OF HOUSEHOLDS, MILLION, INDIA, 2017 - 2030
  1. Figure 6:  
  2. LED PENETRATION, %, INDIA, 2017 - 2030
  1. Figure 7:  
  2. COUNT OF STADIUMS, NUMBER, INDIA, 2017 - 2030
  1. Figure 8:  
  2. VOLUME SALES OF INDIA OUTDOOR LED LIGHTING MARKET, NUMBER, INDIA, 2017 - 2030
  1. Figure 9:  
  2. VALUE SALES OF INDIA OUTDOOR LED LIGHTING MARKET, USD, INDIA, 2017 - 2030
  1. Figure 10:  
  2. VOLUME SALES OF LED FIXTURES BY OUTDOOR LIGHTING, NUMBER, INDIA, 2017 - 2030
  1. Figure 11:  
  2. VALUE SALES OF LED FIXTURES BY OUTDOOR LIGHTING, USD, INDIA, 2017 - 2030
  1. Figure 12:  
  2. VALUE SHARE OF LED FIXTURES BY OUTDOOR LIGHTING, %, INDIA, 2017 - 2030
  1. Figure 13:  
  2. VOLUME SHARE OF LED FIXTURES BY OUTDOOR LIGHTING, %, INDIA, 2017 - 2030
  1. Figure 14:  
  2. VOLUME SALES OF LED FIXTURES IN PUBLIC PLACES, NUMBER, INDIA, 2017 - 2030
  1. Figure 15:  
  2. VALUE SALES OF LED FIXTURES IN PUBLIC PLACES, USD, INDIA, 2017 - 2030
  1. Figure 16:  
  2. VOLUME SALES OF LED FIXTURES IN STREETS AND ROADWAYS, NUMBER, INDIA, 2017 - 2030
  1. Figure 17:  
  2. VALUE SALES OF LED FIXTURES IN STREETS AND ROADWAYS, USD, INDIA, 2017 - 2030
  1. Figure 18:  
  2. VOLUME SALES OF LED FIXTURES IN OTHERS, NUMBER, INDIA, 2017 - 2030
  1. Figure 19:  
  2. VALUE SALES OF LED FIXTURES IN OTHERS, USD, INDIA, 2017 - 2030
  1. Figure 20:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, INDIA, 2017 - 2030
  1. Figure 21:  
  2. MOST ADOPTED STRATEGIES, COUNT, INDIA, 2017 - 2030
  1. Figure 22:  
  2. VALUE SHARE OF MAJOR PLAYERS, %, INDIA, 2022

India Outdoor LED Lighting Industry Segmentation

Public Places, Streets and Roadways, Others are covered as segments by Outdoor Lighting.

  • It is projected that streets and roadways will account for the majority of the value share in 2023, followed by public places and others. India boasts the second-largest road network globally, with a total length of 6.4 million kilometers comprising national, state, urban, and rural roads. Investing in the road sector and infrastructure is crucial to ensure connectivity to the last mile. Every year, highways transport around 85% of passenger and 70% of freight traffic. Shorter trips are better suited to road traffic, making the growth of roadways imperative for the country. In terms of volume share, streets and roadways accounted for the majority share in 2022, followed by public places and others.
  • The government plans to spend INR 5.35 billion (USD 741.51 billion) to construct 65,000 kilometers of national highways by 2022. Andhra Pradesh will build 8,970 kilometers of roads for USD 296.05 million. To improve street lighting and reduce energy consumption, the Kolkata Municipal Lighting Department installed 75,000 LED lights in key areas of the Tollygunge Jadavpur street network to replace conventional sodium lamps. Therefore, the road network's overall growth due to the increasing use of LED lighting on roads will increase the demand for LED lighting in the country.
  • Smart street lighting is considered an ideal starting point to enable energy savings and operational cost savings. For instance, in July 2020, the Government of Jammu and Kashmir (India) led an effort to install LED street lighting in Srinagar as part of its smart city mission.
Outdoor Lighting
Public Places
Streets and Roadways
Others
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Market Definition

  • INDOOR LIGHTING - It incorporates all LED based lamps and fixtures/luminaire that are used to illuminate indoor section of residential, commercial, industrial buildings and agricultural lighting. LED offers efficient brightness with higher durability in comparison to other lighting technology.
  • OUTDOOR LIGHTING - It incorporates the LED lighting fixtures that is used for illumination for exterior/outdoor illumination. For instance, LED lighting fixtures used to illuminate streets and highways, transport hubs, stadiums and other public places such as parking spaces.
  • AUTOMOTIVE LIGHTING - It refers to the lighting fixtures installed for illumination and signaling purposes. It is used in both exterior and interior lighting of the vehicle. Headlamps, fog lamp, daytime running light (DRLs) are examples of exterior light whereas cabin light are interior lights.
  • END USER - It refers to the end use application area where the LED fixture will be installed. For instance, in terms of indoor lighting, we have residential, commercial and industrial as end user category. For automotive lighting, primary end user considered are automotive manufacturers and aftermarket sale
Keyword Definition
Lumen Lumen is a unit of luminous flux in the International System of Units that is equal to the amount of light given out through a solid angle by a source of one-candela intensity radiating equally in all directions.
Footcandle A foot-candle (or foot-candle, fc, lm/ft2, or ft-c) is a measurement of light intensity. One foot-candle is defined as enough light to saturate a one-foot square with one lumen of light.
Colour Rendering Index (CRI) Color Rendering Index (CRI) is a measurement of how natural colors render under an artificial white light source when compared with sunlight. The index is measured from 0-100, with a perfect 100 indicating that colors of objects under the light source appear the same as they would under natural sunlight.
Luminous flux Luminous flux is a measure of the power of visible light produced by a light source or light fitting. It is measured in lumens (lm).
Annual Energy Cost Annual Energy Cost means the average daily energy consumption multiplied by 365 (days per year), expressed in kilowatt hour per year (kWh/a).
Constant voltage drivers Constant voltage drivers are designed for a single direct current (DC) output voltage. Most common constant voltage drivers (or Power Supplies) are 12VDC or 24VDC. An LED light that is rated for constant voltage usually specifies the amount of input voltage it needs to operate correctly.
Constant Current Driver Constant current LED drivers are designed for a designated range of output voltages and a fixed output current (mA). LEDs that are rated to operate on a constant current driver require a designated supply of current usually specified in milliamps (mA) or amps (A). These drivers vary the voltage along an electronic circuit which allows current to remain constant throughout the LED system.
Minimum Energy Performance Standards (MEPS) Minimum Energy Performance Standards specify the minimum level of energy performance that appliances and equipment must meet or exceed before they can supply or used for commercial purposes.
Luminous Efficacy Luminous efficacy is a measurement commonly used in the lighting industry that indicates the ability of a light source to emit visible light using a given amount of power.
Solid State Lighting Solid-state lighting (SSL) is a type of lighting that uses semiconductor light-emitting diodes (LEDs), organic light-emitting diodes (OLED), or polymer light-emitting diodes (PLED) as sources of illumination rather than electrical filaments, plasma (used in arc lamps such as fluorescent lamps), or gas.
Rated Lamp Life Lamp life, also referred to as rated life, is the time in hours a lamp will last before a percentage of lamps will burn out.
Color Temperature Colour temperature is a scale that measures how ‘warm’ (yellow) or ‘cool’ (blue) the light from a particular source is. It is measured in degrees of the Kelvin scale (abbreviated to K), and the higher the number, the ‘cooler’ the light. The lower the ‘K’ number, the ‘warmer’ the light.
Ingress Protection rating (IP rating) The IP (Ingress Protection) rating of a bulb or light fixture declares the level of protection it has against dirt and water.
Fidelity Index The general colour fidelity index, Rf, represents how closely the colour appearances of the entire sample set are reproduced (rendered) on average by a test light as compared to those under a reference illuminant.
Gamut Index The gamut area is defined as “the area enclosed by a set of test color samples illuminated by a light source, in a two-dimensional chromaticity diagram or a plane of color space.”1 Within a defined color space, a “gamut” describes the subset of colors that can be perceived under specific lighting conditions.
Binning In the lighting industry, the act of "binning" of LEDs is the process of sorting LEDs by certain characteristics, such as color, voltage, and brightness.
Accent lighting Accent lighting, also called highlighting, emphasizes objects by focusing light directly on them. Accent lighting is used inside and outside the home to feature locations such as an entrance or to create dramatic effects.
Dimmable driver A dimming driver has two functions: As a driver, it converts the 230V AC mains input to a low voltage DC output. As a dimmer, it reduces the amount of electrical energy flowing to the LEDs, thereby causing them to dim.
Flicker Flicker is the repeated and frequent variation in the output of a light source over time.
Fluorescent A property of materials defined as the ability to emit light after absorbing electromagnetic radiation such as visible or UV light.
Candela The candela is the unit of luminous intensity in the International System of Units. It measures the light output per unit solid angle emitted from a light source in a specific direction.
LUX Lux is used to measure the amount of light output in a given area - one lux is equal to one lumen per square meter. It enables us to measure the total "amount" of visible light present and the intensity of the illumination on a surface.
Uniformity (U0) The uniformity of lighting has significant effects on visual performance in both indoor and outdoor areas. Uniformity (represented as U0) value can be found by dividing the minimum brightness (Emin) resulting from calculations according to the current lighting order, to the average brightness value (Eavg).
Visible Light Spectrum The visible light spectrum is the segment of the electromagnetic spectrum that the human eye can view. More simply, this range of wavelengths is called visible light. Typically, the human eye can detect wavelengths from 380 to 700 nanometers.
Ambient Temperature Ambient Temperature is the temperature of the air surrounding an electrical enclosure.
Current-controlled dimming control Current-controlled dimming controls LED brightness by varying the applied current using a 0-10V dimmer. Current-controlled dimming is smooth and HD-video friendly. It can only dim to a minimum of 5% of light output.
Design Light Consortium It is a partnership of energy efficiency stakeholders in the United States and Canada to “promote quality, performance and energy efficient lighting solutions for the commercial sector”.
Pulse Width Modulation Pulse-width modulation, or pulse-duration modulation, is a method of controlling the average power delivered by an electrical signal.
Surface Mounted Device A surface mount device (SMD) is an electronic device whose components are mounted or placed directly on the surface of a printed circuit board.
Alternating Current Alternating current is an electric current which periodically reverses direction and changes its magnitude continuously with time, in contrast to direct current, which flows only in one direction.
Direct Current Direct current (DC) is an electric current that is uni-directional, so the flow of charge is always in the same direction.
Beam Angle Beam angle (also called beam spread) is a measure of how light is distributed. On any plane perpendicular to the centerline of the light, the beam angle is the angle between two rays where the light intensity is 50% of the maximum light intensity.
LED Based Solar High Mast Lighting Systems A Solar LED High Mast Light is a raised source of High illumination lights (6~8 lights) and with high intensity on the middle of major junctions (Ring roads, Outer Ring roads), turned on or lit automatically in the absence of light (at specified timings or at periodic times, every night).
Surface Mounted Diode (SMD) LEDs A surface mount diode is a type that emits light and is flat mounted and soldered onto a circuit board.
Chip on Board (COB) LEDs A COB LED is basically multiple LED chips (usually 9 or more) glued directly onto a substrate by the manufacturer to form a single module.
Dual In-Line Package (DIP) LEDs A dual in-line package (DIP or DIL) is an electronic component package with a rectangular case and two parallel rows of electrical connector pins.
Graphene LED Lights A graphene LED light bulb is simply an LED light bulb where the filament has been coated in graphene. A graphene LED bulb is reported to be 10% more efficient than regular LED light bulbs and they are cheaper to manufacture and buy.
LED Corn Bulbs LED Corn lights are designed as an energy efficient alternative to high intensity discharge (HID) and SON lamps. It uses a large number of LEDs on a metal structure to provide sufficient light. This arrangement of LEDs looks a lot like a corn cob, hence the name "corn light".
Per Capita Income Per capita income or total income measures the average income earned per person in a given area in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size.
Charging Stations A charging station, also known as a charging station or electric vehicle utility, is a power supply that provides electrical energy for charging plug-in electric vehicles.
Headlight A headlight is a light that is mounted on the front of a car and illuminates the road in front of it. Low beam and high beam LED headlights are additional categories for these LED headlights.
Day Time Running Light (DRLs) A daytime running lamp is a white, yellow, or amber lighting device mounted on the front of a road-going motor vehicle or bicycle.
Directional Signal Light Directional signal lights are the front and rear lights on an automobile that flash to show the direction of a turn.
Stop Light A red light that is mounted to the back of a car and turns on when the brakes are used to show that the car is stopped.
Reverse Light The reverse light is at the back of the vehicle to indicate its backward motion.
Tail Light A red light that can be seen in the dark is mounted on the rear of a road vehicle. Stop, reverse, and directional signal lights are all part of it.
Fog Light Bright lights in automobiles used to increase visibility on the road in foggy conditions or to warn other drivers of the presence of the vehicle.
Passenger Vehicle A passenger vehicle is a road vehicle, other than a moped or a motorcycle, intended for the transportation of people and designed for up to 8 to 9 seats.
Commercial Vehicle A commercial vehicle (Bus, Truck, Van) is any type of motor vehicle used to transport goods or pay passengers.
Two Wheelers (2W) A two-wheeler is a vehicle that runs on two wheels.
Streets & Roadways Both roads and streets refer to hard, flat surfaces on the ground on which vehicles, people, and animals can travel. Since streetways are usually in cities and towns, they often have houses and buildings on both sides. The roadway is in the countryside and sometimes passes through forests and fields
Horticulture Lighting Horticulture is the science and art of sustainably growing, producing, marketing and using high quality, intensively cultivated food and ornamental plants.
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Research Methodology

Mordor Intelligence has followed the following methodology in all our data center reports.

  • Step 1: Raw Data Collection: To understand the market, initially, all crtical data points were identified. Critical information about countries and regions of interest including Per-capita Income, Population, Automotive Production, Interest rate on Auto-Loans, Number of Automobiles on Road, Total LED Import, Lighting Electricity Consumption among others were recorded or estimated based on internal calculations.
  • Step 2: Identify Key Variables: To build a robust forecasting model, key variables such as Number of Households, Automotive Production, Road Networks among others were identified. Through an iterative process, the variables required for the market forecast were set, and the model was built using these variables.
  • Step 3: Build a Market Model: Based on data and critical industry trend data (variables), including LED pricing, LED penetration rate, and project macro and micor economic factors were utilized for building the market forecasting.
  • Step 4: Validate and Finalize: In this crucial step, all market numbers and variables derived through an internal mathematical model were validated through an extensive network of primary research experts from all the markets studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step 5: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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India Outdoor LED Lighting Market Research FAQs

The India Outdoor LED Lighting Market size is expected to reach USD 1.08 billion in 2024 and grow at a CAGR of 3.72% to reach USD 1.34 billion by 2030.

In 2024, the India Outdoor LED Lighting Market size is expected to reach USD 1.08 billion.

Bajaj Electrical Ltd, Crompton Greaves Consumer Electricals Limited, Havells India Ltd., Signify Holding (Philips) and Surya Roshni Limited are the major companies operating in the India Outdoor LED Lighting Market.

In the India Outdoor LED Lighting Market, the Streets and Roadways segment accounts for the largest share by outdoor lighting.

In 2024, the Public Places segment accounts for the fastest growing by outdoor lighting in the India Outdoor LED Lighting Market.

In 2023, the India Outdoor LED Lighting Market size was estimated at 1.08 billion. The report covers the India Outdoor LED Lighting Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Outdoor LED Lighting Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

India Outdoor LED Industry Report

Statistics for the 2023 India Outdoor LED Lighting market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Outdoor LED Lighting analysis includes a market forecast outlook to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

India Outdoor LED Lighting Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030