India Lighting equipment Market (2024-2030) | Share, Analysis, Trends, Outlook, Forecast, Industry, Revenue, Companies, Growth, Value & Size

Market Forecast By  Application (General Purpose Lighting, Vehicle/Automobile Lighting, Backlighting, Others ), By Technology (Conventional Lighting/Non-Environment Friendly Lighting, Environment Friendly Lighting, SSL (Solid State Lighting), LED (Light Emitting Diodes), OLED (Organic Light Emitting Diodes), PLED (Polymer Light Emitting Diodes) ), By  End Users (Industrial, Commercial, Others ) And Competitive Landscape
Product Code: ETC020684 Publication Date: Jun 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Lighting equipment Market Synopsis

The India Lighting Equipment Market is estimated to grow at a CAGR of around 13.6% during the forecast period 2020-2026. The growth in this market can be attributed to factors such as increasing demand for energy-efficient lighting solutions, rising urbanization & industrialization and growing penetration of LED lights across sectors.

Drivers of the Market:

? Increase in Demand for Energy Efficient Lighting Solutions: The demand for energy efficient lighting solutions has increased significantly due to stringent government regulations, subsidies and promotional programs implemented by various governments across the world. This has led to an increase in adoption of LED lights that consume less power compared to traditional sources such as incandescent lamps, halogen lamps etc., thereby propelling the growth of India?s lighting equipment market.

? Rising Urbanization & Industrialization: Rapidly increasing population coupled with rising income levels has driven up demand for lighting equipment over the years in India leading to rapid urbanization and industrialization. This trend is expected to continue over the coming years which will further drive up demand for lighting equipment resulting in higher sales volumes and revenue generation opportunities for manufacturers operating within this space.

Challenges of the Market:

? High Initial Cost: Despite their long term benefits, LEDs are more expensive than other conventional light sources due its complicated manufacturing process which increases cost significantly adding additional burden on consumers who have limited access or resources required for purchasing these products. As a result, people tend opt out from buying them because they consider it an unnecessary expense even though it could possibly save them money down the line through reduced electricity bills.

Trends of the Market:

? Increasing Focus on Smart Cities Projects Across Major Indian Cities : In order meet future needs of citizens , Governments across major cities are investing heavily into smart city projects where technology plays key role . These projects often include installation/usage of automated streetlights along with other sensors that help monitor air quality , traffic congestion patterns etc . Such initiatives provide great opportunity particularly LED suppliers who can offer customized solution according these specifications allowing them tap into potentially lucrative deals while also helping reduce overall environmental impact associated with usage typical streetlight systems .

Key Players of the Market:

Some top players dominating Indian Lighting Equipment Market includes Philips Lighting , Havells India Ltd , Bajaj Electricals Limited , Syska Group among others . Together they hold majority share within this industry leveraging their strong brand recognition good distribution channels presence accross major cities along with dedicated.

Key Highlights of the Report:

  • India Lighting equipment Market Outlook
  • Market Size of India Lighting equipment Market, 2023
  • Forecast of India Lighting equipment Market, 2030
  • Historical Data and Forecast of India Lighting equipment Revenues & Volume for the Period 2020-2030
  • India Lighting equipment Market Trend Evolution
  • India Lighting equipment Market Drivers and Challenges
  • India Lighting equipment Price Trends
  • India Lighting equipment Porter's Five Forces
  • India Lighting equipment Industry Life Cycle
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By ?Application for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By General Purpose Lighting for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By Vehicle/Automobile Lighting for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By Backlighting for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By Others? for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By Technology for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By Conventional Lighting/Non-Environment Friendly Lighting for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By Environment Friendly Lighting for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By SSL (Solid State Lighting) for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By LED (Light Emitting Diodes) for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By OLED (Organic Light Emitting Diodes) for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By PLED (Polymer Light Emitting Diodes)? for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By ?End Users for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By Industrial for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By Commercial for the Period 2020-2030
  • Historical Data and Forecast of India Lighting equipment Market Revenues & Volume By Others? for the Period 2020-2030
  • India Lighting equipment Import Export Trade Statistics
  • Market Opportunity Assessment By ?Application
  • Market Opportunity Assessment By Technology
  • Market Opportunity Assessment By ?End Users
  • India Lighting equipment Top Companies Market Share
  • India Lighting equipment Competitive Benchmarking By Technical and Operational Parameters
  • India Lighting equipment Company Profiles
  • India Lighting equipment Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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 equipment Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Lighting equipment Market Revenues & Volume, 2020 & 2030F

3.3 India Lighting equipment Market - Industry Life Cycle

3.4 India Lighting equipment Market - Porter's Five Forces

3.5 India Lighting equipment Market Revenues & Volume Share, By  Application, 2020 & 2030F

3.6 India Lighting equipment Market Revenues & Volume Share, By Technology, 2020 & 2030F

3.7 India Lighting equipment Market Revenues & Volume Share, By  End Users, 2020 & 2030F

4 India Lighting equipment Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Lighting equipment Market Trends

6 India Lighting equipment Market, By Types

6.1 India Lighting equipment Market, By  Application

6.1.1 Overview and Analysis

6.1.2 India Lighting equipment Market Revenues & Volume, By  Application, 2020-2030F

6.1.3 India Lighting equipment Market Revenues & Volume, By General Purpose Lighting, 2020-2030F

6.1.4 India Lighting equipment Market Revenues & Volume, By Vehicle/Automobile Lighting, 2020-2030F

6.1.5 India Lighting equipment Market Revenues & Volume, By Backlighting, 2020-2030F

6.1.6 India Lighting equipment Market Revenues & Volume, By Others , 2020-2030F

6.2 India Lighting equipment Market, By Technology

6.2.1 Overview and Analysis

6.2.2 India Lighting equipment Market Revenues & Volume, By Conventional Lighting/Non-Environment Friendly Lighting, 2020-2030F

6.2.3 India Lighting equipment Market Revenues & Volume, By Environment Friendly Lighting, 2020-2030F

6.2.4 India Lighting equipment Market Revenues & Volume, By SSL (Solid State Lighting), 2020-2030F

6.2.5 India Lighting equipment Market Revenues & Volume, By LED (Light Emitting Diodes), 2020-2030F

6.2.6 India Lighting equipment Market Revenues & Volume, By OLED (Organic Light Emitting Diodes), 2020-2030F

6.2.7 India Lighting equipment Market Revenues & Volume, By PLED (Polymer Light Emitting Diodes) , 2020-2030F

6.3 India Lighting equipment Market, By  End Users

6.3.1 Overview and Analysis

6.3.2 India Lighting equipment Market Revenues & Volume, By Industrial, 2020-2030F

6.3.3 India Lighting equipment Market Revenues & Volume, By Commercial, 2020-2030F

6.3.4 India Lighting equipment Market Revenues & Volume, By Others , 2020-2030F

7 India Lighting equipment Market Import-Export Trade Statistics

7.1 India Lighting equipment Market Export to Major Countries

7.2 India Lighting equipment Market Imports from Major Countries

8 India Lighting equipment Market Key Performance Indicators

9 India Lighting equipment Market - Opportunity Assessment

9.1 India Lighting equipment Market Opportunity Assessment, By  Application, 2020 & 2030F

9.2 India Lighting equipment Market Opportunity Assessment, By Technology, 2020 & 2030F

9.3 India Lighting equipment Market Opportunity Assessment, By  End Users, 2020 & 2030F

10 India Lighting equipment Market - Competitive Landscape

10.1 India Lighting equipment Market Revenue Share, By Companies, 2023

10.2 India Lighting equipment Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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