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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Leading Companies in the India Lighting Market
Market players are transitioning to energy-efficient LED technology, promoting smart lighting solutions with enhanced control and automation, and aligning their strategies with government initiatives
Signify Holding was founded in 1989 and is based in Eindhoven, Netherlands. It is a world leading company that deals in lighting for consumers, professionals, and lighting for IoTs. Its energy-efficient lighting systems, services, and products enable consumers to enjoy a premium quality of light.
Wipro Enterprises Limited was founded in 1945 and is headquartered in Bangalore, India. It includes Wipro Consumer Care and Lighting as well as Wipro Infrastructure Engineering under its divisions. Wipro Consumer Care and Lighting is a global leading fast-moving consumer goods company across home care, personal care, office furniture, and lighting and switches.
Bajaj Electricals Ltd was founded in 1938 and its headquarters is in Maharashtra, India. It has a market presence in superior home appliances as well as cookware segments with brands such as Nirlep and Morphy Richards. The company aims to provide optimal lighting solutions with cutting edge technology for all lighting needs.
Havells India Limited, a multinational electrical equipment company, was founded in 1958 and is headquartered in Uttar Pradesh, India. It manufactures home appliances, lighting solutions, fans, switches, wiring accessories, water heaters, circuit protection switchgear, cables, motors, and capacitors. It operates brands like Havells, Lloyd, Crabtree, Standard Electric, and Reo.
Other key players in the India lighting market report include OSRAM GmbH, Surya Roshni Limited, and Syska Led Lights Pvt Ltd, among others.
India Lighting Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the market attained a value of nearly USD 3.79 billion.
The India lighting market is expected to grow at a CAGR of 9.8% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034, reaching almost USD 8.79 billion by 2034.
The major drivers of the market include the growing population, increase in government regulations for energy saving, and increasing infrastructural projects.
Key trends aiding market expansion include the growing construction industry coupled with increased demand for LED lights among consumers and the adoption of smart lighting solutions.
The various type of lighting in India include LEDs, CFLs, HIDs and halogens, and incandescent, among others.
The different products include bulbs, streetlights, downlights, tube lights, and flood lights, among others.
The different end-uses of lighting in the market include industrial, offices, government buildings, private buildings, hospitals, and outdoors.
Key players in the market are Signify Holding, Wipro Enterprises Limited, OSRAM GmbH, Bajaj Electricals Ltd, Havells India Ltd, Surya Roshni Limited, and Syska Led Lights Pvt Ltd, among others.
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