| Product Code: ETC4455685 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India lighting control system market import shipment exhibited a robust growth trend from 2020 to 2024, with a steady CAGR of 8.9%. Particularly noteworthy is the acceleration in growth between 2023 and 2024, with a growth rate of 13.2%, indicating a significant uptick in market expansion during that period. The market demonstrated strong momentum and consistent upward trajectory over the years, showcasing a dynamic and growing demand for lighting control systems in India.
Lighting control systems are pivotal for energy management and user comfort in residential, commercial, and industrial settings. The India lighting control system market is on the rise as more buildings and homes adopt smart lighting solutions. These systems enable users to adjust lighting levels, create schedules, and enhance energy efficiency. The market`s growth is also driven by the increasing adoption of IoT technology, which allows for seamless integration and control of lighting systems.
The India Lighting Control System market is driven by the need for energy conservation and improved lighting management. Businesses and institutions are adopting lighting control systems to optimize energy use, reduce operating costs, and create comfortable and productive environments. Smart lighting solutions, which can be integrated with IoT, are gaining popularity for their versatility and energy efficiency.
Challenges in the India Lighting Control System market include the need for interoperability among different systems, addressing cybersecurity concerns, and ensuring user-friendliness and customization. Promoting the adoption of advanced lighting control solutions in various sectors is also a significant challenge.
The COVID-19 pandemic significantly impacted India lighting control system market as it forced businesses and individuals to reconsider their lighting needs and usage. During the initial stages of the pandemic, the market faced disruptions due to the lockdown measures, which temporarily slowed down construction and infrastructure projects. However, the long-term impact on the market was characterized by a shift in focus towards energy-efficient and intelligent lighting solutions. With remote work and home automation becoming the new norm, there was a growing demand for smart lighting systems that could be controlled through smartphones or voice commands. The commercial sector also turned its attention to lighting control to save energy and improve occupant comfort. The pandemic underscored the importance of lighting systems in creating a safe and healthy environment, leading to increased interest in technologies such as UV-C disinfection and human-centric lighting. While the market initially faced challenges, it eventually adapted to the changing dynamics and seized opportunities in the growing demand for advanced lighting control systems.
Key players in the India lighting control system market include Lutron Electronics, Schneider Electric, Philips Lighting (Signify), Honeywell, and Legrand.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Lighting Control System Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Lighting Control System Market Revenues & Volume, 2021 & 2031F |
3.3 India Lighting Control System Market - Industry Life Cycle |
3.4 India Lighting Control System Market - Porter's Five Forces |
3.5 India Lighting Control System Market Revenues & Volume Share, By Installation Type , 2021 & 2031F |
3.6 India Lighting Control System Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.7 India Lighting Control System Market Revenues & Volume Share, By End-use Application , 2021 & 2031F |
3.8 India Lighting Control System Market Revenues & Volume Share, By Communication Protocol, 2021 & 2031F |
4 India Lighting Control System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on energy efficiency and sustainability in India |
4.2.2 Growing adoption of smart lighting solutions in commercial and residential sectors |
4.2.3 Government initiatives promoting the use of energy-efficient lighting systems |
4.3 Market Restraints |
4.3.1 High initial investment cost for installing lighting control systems |
4.3.2 Lack of awareness and technical knowledge among end-users |
4.3.3 Limited availability of skilled professionals for installation and maintenance of lighting control systems |
5 India Lighting Control System Market Trends |
6 India Lighting Control System Market, By Types |
6.1 India Lighting Control System Market, By Installation Type |
6.1.1 Overview and Analysis |
6.1.2 India Lighting Control System Market Revenues & Volume, By Installation Type , 2021-2031F |
6.1.3 India Lighting Control System Market Revenues & Volume, By New Installation, 2021-2031F |
6.1.4 India Lighting Control System Market Revenues & Volume, By Retrofit, 2021-2031F |
6.2 India Lighting Control System Market, By Offering |
6.2.1 Overview and Analysis |
6.2.2 India Lighting Control System Market Revenues & Volume, By Hardware, 2021-2031F |
6.2.3 India Lighting Control System Market Revenues & Volume, By Software, 2021-2031F |
6.2.4 India Lighting Control System Market Revenues & Volume, By Services, 2021-2031F |
6.3 India Lighting Control System Market, By End-use Application |
6.3.1 Overview and Analysis |
6.3.2 India Lighting Control System Market Revenues & Volume, By Indoor , 2021-2031F |
6.3.3 India Lighting Control System Market Revenues & Volume, By Outdoor, 2021-2031F |
6.4 India Lighting Control System Market, By Communication Protocol |
6.4.1 Overview and Analysis |
6.4.2 India Lighting Control System Market Revenues & Volume, By Wired, 2021-2031F |
6.4.3 India Lighting Control System Market Revenues & Volume, By Wireless, 2021-2031F |
7 India Lighting Control System Market Import-Export Trade Statistics |
7.1 India Lighting Control System Market Export to Major Countries |
7.2 India Lighting Control System Market Imports from Major Countries |
8 India Lighting Control System Market Key Performance Indicators |
8.1 Energy savings achieved through the implementation of lighting control systems |
8.2 Number of new smart lighting installations in key sectors such as commercial buildings, healthcare facilities, and educational institutions |
8.3 Percentage increase in the adoption of wireless lighting control systems |
8.4 Average payback period for investments in lighting control systems |
9 India Lighting Control System Market - Opportunity Assessment |
9.1 India Lighting Control System Market Opportunity Assessment, By Installation Type , 2021 & 2031F |
9.2 India Lighting Control System Market Opportunity Assessment, By Offering , 2021 & 2031F |
9.3 India Lighting Control System Market Opportunity Assessment, By End-use Application , 2021 & 2031F |
9.4 India Lighting Control System Market Opportunity Assessment, By Communication Protocol, 2021 & 2031F |
10 India Lighting Control System Market - Competitive Landscape |
10.1 India Lighting Control System Market Revenue Share, By Companies, 2024 |
10.2 India Lighting Control System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |