The India lighting market is an integral part of the country’s fast-growing infrastructure and industrial sectors. Lighting is essential across various applications, including residential, commercial, industrial, and outdoor environments. In India, lighting products range from traditional incandescent bulbs to modern, energy-efficient LED lighting solutions. As urbanization, industrialization, and commercial developments increase, the demand for advanced lighting solutions is rising steadily.
The Indian government’s push towards energy efficiency and sustainable development, along with the adoption of smart technologies, is shaping the lighting market. The growing interest in energy-saving products, particularly LED lighting, is making the market more attractive to both manufacturers and consumers.
India Lighting Market Size
The India lighting market reached a value of more than USD 3.79 Billion in 2024, driven by increasing demand across sectors like residential, commercial, and industrial lighting. The shift toward energy-efficient and long-lasting solutions like LEDs has played a significant role in the market’s growth.
This market is expected to grow at a CAGR of 9.80% from 2025 to 2034, reaching a projected value of USD 9.65 Billion by 2034. The adoption of advanced lighting technologies, coupled with the government’s initiatives promoting energy conservation, is contributing to the growth of this dynamic sector.
India Lighting Market Trends
Several key trends are shaping the India lighting market:
Growing Adoption of LED Lighting – The transition to LED lighting is one of the most significant trends in India, as these products are energy-efficient, cost-effective, and environmentally friendly.
Government Initiatives and Standards – India’s government has implemented various programs to promote energy efficiency, including the Unnat Jyoti by Affordable LEDs for All (UJALA) program, which aims to replace traditional bulbs with LEDs.
Smart Lighting Solutions – The demand for smart and connected lighting solutions is increasing, particularly in urban areas. These solutions allow consumers to control lighting remotely and save energy through automated systems.
Energy-Efficient Lighting – The growing focus on reducing electricity consumption and carbon footprints is pushing the demand for energy-efficient lighting options across residential, commercial, and industrial sectors.
Rising Demand for Decorative Lighting – In both residential and commercial spaces, there is a growing preference for aesthetically appealing lighting solutions, which has driven the market for decorative and designer lighting products.
India Lighting Market Growth
The India lighting market is poised for robust growth driven by various factors:
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Urbanization and Infrastructure Development – As India undergoes rapid urbanization and infrastructure expansion, the demand for modern lighting solutions, especially in new housing, commercial spaces, and smart cities, continues to rise.
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Increased Demand for Energy-Efficient Lighting – With the government’s push for energy conservation and environmental sustainability, more consumers and businesses are opting for energy-efficient lighting options like LEDs.
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Growing Construction Industry – The construction and real estate sectors, which continue to grow in India, have a significant impact on the lighting market as new buildings require a wide range of lighting solutions.
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Industrialization and Commercial Growth – With the increase in industrialization and commercial establishments, there is a higher demand for durable and efficient lighting in factories, offices, and retail spaces.
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Technological Advancements – Continuous innovations in lighting technology, including the integration of IoT and AI in smart lighting, are further driving the market’s expansion, providing new opportunities for manufacturers and suppliers.
India Lighting Market Forecast
The India lighting market is forecasted to grow at a CAGR of 9.80% between 2025 and 2034, reaching a value of USD 9.65 Billion by 2034.
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Residential Lighting – With an increasing number of new homes and renovations, the demand for efficient and aesthetically pleasing lighting is rising in the residential sector.
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Commercial Lighting – As more businesses set up in cities and industrial hubs, the demand for commercial lighting solutions, including energy-efficient and smart systems, is expected to increase.
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Smart Cities – The government’s focus on developing smart cities is expected to further accelerate the demand for connected and energy-efficient lighting solutions.
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Rural Electrification – Increased focus on rural electrification and the government’s initiatives to bring energy-efficient lighting to underserved areas will provide new growth opportunities for the lighting market.
Competitive Analysis
The India lighting market is competitive, with a mix of domestic and international players striving to meet the growing demand for innovative lighting solutions. Key players include:
Wipro Enterprises Limited – Wipro is a major player in the Indian lighting market, offering a wide range of lighting products, including energy-efficient LEDs for residential and commercial applications.
OSRAM GmbH – A leading global player, OSRAM is known for its high-quality lighting solutions in India, providing both traditional and smart lighting products to various industries.
Bajaj Electricals Ltd – A well-established brand in India, Bajaj Electricals offers a range of lighting products, including LED lights and decorative lighting, catering to both residential and commercial markets.
Havells India Ltd – Havells is a key player in the Indian lighting market, known for its energy-efficient lighting solutions, including LED lights and smart lighting products.
Surya Roshni Limited – One of India’s largest manufacturers of lighting products, Surya Roshni specializes in LED lighting, outdoor lighting, and decorative lighting for residential and commercial applications.
Syska Led Lights Pvt Ltd – Syska is a prominent name in the Indian LED lighting market, offering a wide range of products for residential, commercial, and industrial applications.
Others – Several other regional and emerging players are contributing to the market, offering specialized solutions and competitive pricing strategies.
