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

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


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:

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.


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
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Product
Exhibits5: Executive Summary - Chart on Market Segmentation by Application
Exhibits6: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits7: Executive Summary - Chart on Company Market Positioning
Exhibits8: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits9: Overview on criticality of inputs and factors of differentiation
Exhibits10: Overview on factors of disruption
Exhibits11: Impact of drivers and challenges in 2024 and 2029
Exhibits12: Parent Market
Exhibits13: Data Table on - Parent Market
Exhibits14: Market characteristics analysis
Exhibits15: Value chain analysis
Exhibits16: Offerings of companies included in the market definition
Exhibits17: Market segments
Exhibits18: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits19: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits20: Chart on India: Year-over-year growth 2024-2029 (%)
Exhibits21: Data Table on India: Year-over-year growth 2024-2029 (%)
Exhibits22: Historic Market Size - Data Table on Light Emitting Diode (LED) Lighting Market in India 2019 - 2023 ($ million)
Exhibits23: Historic Market Size - Product Segment 2019 - 2023 ($ million)
Exhibits24: Historic Market Size - Application Segment 2019 - 2023 ($ million)
Exhibits25: Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)
Exhibits26: Five forces analysis - Comparison between 2024 and 2029
Exhibits27: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits28: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits29: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits30: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits31: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits32: Chart on Market condition - Five forces 2024 and 2029
Exhibits33: Chart on Product - Market share 2024-2029 (%)
Exhibits34: Data Table on Product - Market share 2024-2029 (%)
Exhibits35: Chart on Comparison by Product
Exhibits36: Data Table on Comparison by Product
Exhibits37: Chart on Luminaries - Market size and forecast 2024-2029 ($ million)
Exhibits38: Data Table on Luminaries - Market size and forecast 2024-2029 ($ million)
Exhibits39: Chart on Luminaries - Year-over-year growth 2024-2029 (%)
Exhibits40: Data Table on Luminaries - Year-over-year growth 2024-2029 (%)
Exhibits41: Chart on Lamps - Market size and forecast 2024-2029 ($ million)
Exhibits42: Data Table on Lamps - Market size and forecast 2024-2029 ($ million)
Exhibits43: Chart on Lamps - Year-over-year growth 2024-2029 (%)
Exhibits44: Data Table on Lamps - Year-over-year growth 2024-2029 (%)
Exhibits45: Market opportunity by Product ($ million)
Exhibits46: Data Table on Market opportunity by Product ($ million)
Exhibits47: Chart on Application - Market share 2024-2029 (%)
Exhibits48: Data Table on Application - Market share 2024-2029 (%)
Exhibits49: Chart on Comparison by Application
Exhibits50: Data Table on Comparison by Application
Exhibits51: Chart on Indoor - Market size and forecast 2024-2029 ($ million)
Exhibits52: Data Table on Indoor - Market size and forecast 2024-2029 ($ million)
Exhibits53: Chart on Indoor - Year-over-year growth 2024-2029 (%)
Exhibits54: Data Table on Indoor - Year-over-year growth 2024-2029 (%)
Exhibits55: Chart on Outdoor - Market size and forecast 2024-2029 ($ million)
Exhibits56: Data Table on Outdoor - Market size and forecast 2024-2029 ($ million)
Exhibits57: Chart on Outdoor - Year-over-year growth 2024-2029 (%)
Exhibits58: Data Table on Outdoor - Year-over-year growth 2024-2029 (%)
Exhibits59: Market opportunity by Application ($ million)
Exhibits60: Data Table on Market opportunity by Application ($ million)
Exhibits61: Chart on Distribution Channel - Market share 2024-2029 (%)
Exhibits62: Data Table on Distribution Channel - Market share 2024-2029 (%)
Exhibits63: Chart on Comparison by Distribution Channel
Exhibits64: Data Table on Comparison by Distribution Channel
Exhibits65: Chart on Offline - Market size and forecast 2024-2029 ($ million)
Exhibits66: Data Table on Offline - Market size and forecast 2024-2029 ($ million)
Exhibits67: Chart on Offline - Year-over-year growth 2024-2029 (%)
Exhibits68: Data Table on Offline - Year-over-year growth 2024-2029 (%)
Exhibits69: Chart on Online - Market size and forecast 2024-2029 ($ million)
Exhibits70: Data Table on Online - Market size and forecast 2024-2029 ($ million)
Exhibits71: Chart on Online - Year-over-year growth 2024-2029 (%)
Exhibits72: Data Table on Online - Year-over-year growth 2024-2029 (%)
Exhibits73: Market opportunity by Distribution Channel ($ million)
Exhibits74: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits75: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits76: Impact of drivers and challenges in 2024 and 2029
Exhibits77: Overview on criticality of inputs and factors of differentiation
Exhibits78: Overview on factors of disruption
Exhibits79: Impact of key risks on business
Exhibits80: Companies covered
Exhibits81: Company ranking index
Exhibits82: Matrix on companies position and classification
Exhibits83: Bajaj Electricals Ltd. - Overview
Exhibits84: Bajaj Electricals Ltd. - Business segments
Exhibits85: Bajaj Electricals Ltd. - Key offerings
Exhibits86: Bajaj Electricals Ltd. - Segment focus
Exhibits87: SWOT
Exhibits88: Crompton Greaves Consumer Electricals Ltd. - Overview
Exhibits89: Crompton Greaves Consumer Electricals Ltd. - Product / Service
Exhibits90: Crompton Greaves Consumer Electricals Ltd. - Key offerings
Exhibits91: SWOT
Exhibits92: Eveready Industries India Ltd. - Overview
Exhibits93: Eveready Industries India Ltd. - Product / Service
Exhibits94: Eveready Industries India Ltd. - Key offerings
Exhibits95: SWOT
Exhibits96: Halonix Technologies Pvt Ltd. - Overview
Exhibits97: Halonix Technologies Pvt Ltd. - Product / Service
Exhibits98: Halonix Technologies Pvt Ltd. - Key offerings
Exhibits99: SWOT
Exhibits100: Havells India Ltd. - Overview
Exhibits101: Havells India Ltd. - Business segments
Exhibits102: Havells India Ltd. - Key news
Exhibits103: Havells India Ltd. - Key offerings
Exhibits104: Havells India Ltd. - Segment focus
Exhibits105: SWOT
Exhibits106: Jaquar India - Overview
Exhibits107: Jaquar India - Product / Service
Exhibits108: Jaquar India - Key offerings
Exhibits109: SWOT
Exhibits110: Koninklijke Philips NV - Overview
Exhibits111: Koninklijke Philips NV - Business segments
Exhibits112: Koninklijke Philips NV - Key news
Exhibits113: Koninklijke Philips NV - Key offerings
Exhibits114: Koninklijke Philips NV - Segment focus
Exhibits115: SWOT
Exhibits116: Magik LED - Overview
Exhibits117: Magik LED - Product / Service
Exhibits118: Magik LED - Key offerings
Exhibits119: SWOT
Exhibits120: Nirvana Light - Overview
Exhibits121: Nirvana Light - Product / Service
Exhibits122: Nirvana Light - Key offerings
Exhibits123: SWOT
Exhibits124: Orbit Lightings - Overview
Exhibits125: Orbit Lightings - Product / Service
Exhibits126: Orbit Lightings - Key offerings
Exhibits127: SWOT
Exhibits128: Polycab India Ltd. - Overview
Exhibits129: Polycab India Ltd. - Business segments
Exhibits130: Polycab India Ltd. - Key offerings
Exhibits131: Polycab India Ltd. - Segment focus
Exhibits132: SWOT
Exhibits133: Surya Roshni Ltd - Overview
Exhibits134: Surya Roshni Ltd - Product / Service
Exhibits135: Surya Roshni Ltd - Key offerings
Exhibits136: SWOT
Exhibits137: Syska Led Lights Pvt. Ltd. - Overview
Exhibits138: Syska Led Lights Pvt. Ltd. - Product / Service
Exhibits139: Syska Led Lights Pvt. Ltd. - Key offerings
Exhibits140: SWOT
Exhibits141: UM Green Pvt. Ltd. - Overview
Exhibits142: UM Green Pvt. Ltd. - Product / Service
Exhibits143: UM Green Pvt. Ltd. - Key offerings
Exhibits144: SWOT
Exhibits145: Wipro Ltd. - Overview
Exhibits146: Wipro Ltd. - Business segments
Exhibits147: Wipro Ltd. - Key news
Exhibits148: Wipro Ltd. - Key offerings
Exhibits149: Wipro Ltd. - Segment focus
Exhibits150: SWOT
Exhibits151: Inclusions checklist
Exhibits152: Exclusions checklist
Exhibits153: Currency conversion rates for US$
Exhibits154: Research methodology
Exhibits155: Information sources
Exhibits156: Data validation
Exhibits157: Validation techniques employed for market sizing
Exhibits158: Data synthesis
Exhibits159: 360 degree market analysis
Exhibits160: List of abbreviations

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