Light Emitting Diode (LED) Lighting Market in India 2025-2029

Description

List of Tables

The light emitting diode (LED) lighting market in india is forecasted to grow by USD 2934.9 mn during 2024-2029, accelerating at a CAGR of 11.4% during the forecast period. The report on the light emitting diode (LED) lighting market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by declining manufacturing cost of led lights, phasing out halogen, incandescent, fluorescent, and hid lamps, and increasing demand for led lighting in hazardous areas.

Technavio's light emitting diode (LED) lighting market in india is segmented as below:

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	9.9%
CAGR	11.4%
Incremental Value	$2934.9 mn

By Product

Luminaries
Lamps

By Application

Indoor
Outdoor

By Distribution Channel

Offline
Online

By Geographical Landscape

APAC

This study identifies the government initiatives propelling demand for led lights as one of the prime reasons driving the light emitting diode (LED) lighting market in india growth during the next few years. Also, advances in automotive lighting systems and growing traction for intelligent lighting systems will lead to sizable demand in the market.

The report on the light emitting diode (LED) lighting market in india covers the following areas:

Light Emitting Diode (LED) Lighting Market in India sizing
Light Emitting Diode (LED) Lighting Market in India forecast
Light Emitting Diode (LED) Lighting Market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading light emitting diode (LED) lighting market in india vendors that include Axiom Controls Pvt. Ltd, Bajaj Electricals Ltd., Crompton Greaves Consumer Electricals Ltd., Diamond Lighting, Eltecks India Pvt. Ltd, Eveready Industries India Ltd., Halonix Technologies Pvt Ltd., Havells India Ltd., Jaquar India, Koninklijke Philips NV, KwalityIndia.com, Magik LED, Nirvana Light, Orbit Lightings, Oreva, Polycab India Ltd., Surya Roshni Ltd, Syska Led Lights Pvt. Ltd., UM Green Pvt. Ltd., and Wipro Ltd.. Also, the light emitting diode (LED) lighting market in india analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR77502

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India: Year-over-year growth 2024-2029 (%)
- Data Table on India: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Light Emitting Diode (LED) Lighting Market in India 2019 - 2023
- Historic Market Size - Data Table on Light Emitting Diode (LED) Lighting Market in India 2019 - 2023 ($ million)
5.2 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)
5.3 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.4 Distribution Channel segment analysis 2019 - 2023
- Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 The AI Impact on Light Emitting Diode (LED) Lighting in India

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Product

8.1 Market segments
- Chart on Product - Market share 2024-2029 (%)
- Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
8.3 Luminaries - Market size and forecast 2024-2029
- Chart on Luminaries - Market size and forecast 2024-2029 ($ million)
- Data Table on Luminaries - Market size and forecast 2024-2029 ($ million)
- Chart on Luminaries - Year-over-year growth 2024-2029 (%)
- Data Table on Luminaries - Year-over-year growth 2024-2029 (%)
8.4 Lamps - Market size and forecast 2024-2029
- Chart on Lamps - Market size and forecast 2024-2029 ($ million)
- Data Table on Lamps - Market size and forecast 2024-2029 ($ million)
- Chart on Lamps - Year-over-year growth 2024-2029 (%)
- Data Table on Lamps - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

9 Market Segmentation by Application

9.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
9.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
9.3 Indoor - Market size and forecast 2024-2029
- Chart on Indoor - Market size and forecast 2024-2029 ($ million)
- Data Table on Indoor - Market size and forecast 2024-2029 ($ million)
- Chart on Indoor - Year-over-year growth 2024-2029 (%)
- Data Table on Indoor - Year-over-year growth 2024-2029 (%)
9.4 Outdoor - Market size and forecast 2024-2029
- Chart on Outdoor - Market size and forecast 2024-2029 ($ million)
- Data Table on Outdoor - Market size and forecast 2024-2029 ($ million)
- Chart on Outdoor - Year-over-year growth 2024-2029 (%)
- Data Table on Outdoor - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

10 Market Segmentation by Distribution Channel

10.1 Market segments
- Chart on Distribution Channel - Market share 2024-2029 (%)
- Data Table on Distribution Channel - Market share 2024-2029 (%)
10.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
10.3 Offline - Market size and forecast 2024-2029
- Chart on Offline - Market size and forecast 2024-2029 ($ million)
- Data Table on Offline - Market size and forecast 2024-2029 ($ million)
- Chart on Offline - Year-over-year growth 2024-2029 (%)
- Data Table on Offline - Year-over-year growth 2024-2029 (%)
10.4 Online - Market size and forecast 2024-2029
- Chart on Online - Market size and forecast 2024-2029 ($ million)
- Data Table on Online - Market size and forecast 2024-2029 ($ million)
- Chart on Online - Year-over-year growth 2024-2029 (%)
- Data Table on Online - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
- Overview on factors of disruption
13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered
14.2 Company ranking index
- Company ranking index
14.3 Market positioning of companies
- Matrix on companies position and classification
14.4 Bajaj Electricals Ltd.
- Bajaj Electricals Ltd. - Overview
- Bajaj Electricals Ltd. - Business segments
- Bajaj Electricals Ltd. - Key offerings
- Bajaj Electricals Ltd. - Segment focus
- SWOT
14.5 Crompton Greaves Consumer Electricals Ltd.
- Crompton Greaves Consumer Electricals Ltd. - Overview
- Crompton Greaves Consumer Electricals Ltd. - Product / Service
- Crompton Greaves Consumer Electricals Ltd. - Key offerings
- SWOT
14.6 Eveready Industries India Ltd.
- Eveready Industries India Ltd. - Overview
- Eveready Industries India Ltd. - Product / Service
- Eveready Industries India Ltd. - Key offerings
- SWOT
14.7 Halonix Technologies Pvt Ltd.
- Halonix Technologies Pvt Ltd. - Overview
- Halonix Technologies Pvt Ltd. - Product / Service
- Halonix Technologies Pvt Ltd. - Key offerings
- SWOT
14.8 Havells India Ltd.
- Havells India Ltd. - Overview
- Havells India Ltd. - Business segments
- Havells India Ltd. - Key news
- Havells India Ltd. - Key offerings
- Havells India Ltd. - Segment focus
- SWOT
14.9 Jaquar India
- Jaquar India - Overview
- Jaquar India - Product / Service
- Jaquar India - Key offerings
- SWOT
14.10 Koninklijke Philips NV
- Koninklijke Philips NV - Overview
- Koninklijke Philips NV - Business segments
- Koninklijke Philips NV - Key news
- Koninklijke Philips NV - Key offerings
- Koninklijke Philips NV - Segment focus
- SWOT
14.11 Magik LED
- Magik LED - Overview
- Magik LED - Product / Service
- Magik LED - Key offerings
- SWOT
14.12 Nirvana Light
- Nirvana Light - Overview
- Nirvana Light - Product / Service
- Nirvana Light - Key offerings
- SWOT
14.13 Orbit Lightings
- Orbit Lightings - Overview
- Orbit Lightings - Product / Service
- Orbit Lightings - Key offerings
- SWOT
14.14 Polycab India Ltd.
- Polycab India Ltd. - Overview
- Polycab India Ltd. - Business segments
- Polycab India Ltd. - Key offerings
- Polycab India Ltd. - Segment focus
- SWOT
14.15 Surya Roshni Ltd
- Surya Roshni Ltd - Overview
- Surya Roshni Ltd - Product / Service
- Surya Roshni Ltd - Key offerings
- SWOT
14.16 Syska Led Lights Pvt. Ltd.
- Syska Led Lights Pvt. Ltd. - Overview
- Syska Led Lights Pvt. Ltd. - Product / Service
- Syska Led Lights Pvt. Ltd. - Key offerings
- SWOT
14.17 UM Green Pvt. Ltd.
- UM Green Pvt. Ltd. - Overview
- UM Green Pvt. Ltd. - Product / Service
- UM Green Pvt. Ltd. - Key offerings
- SWOT
14.18 Wipro Ltd.
- Wipro Ltd. - Overview
- Wipro Ltd. - Business segments
- Wipro Ltd. - Key news
- Wipro Ltd. - Key offerings
- Wipro Ltd. - Segment focus
- SWOT

15 Appendix

15.1 Scope of the report
15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
15.3 Currency conversion rates for US$
- Currency conversion rates for US$
15.4 Research methodology
- Research methodology
15.5 Data procurement
- Information sources
15.6 Data validation
- Data validation
15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
15.8 Data synthesis
- Data synthesis
15.9 360 degree market analysis
- 360 degree market analysis
15.10 List of abbreviations
- List of abbreviations