India Outdoor LED Lighting Market By Wattage (Below 80W, 80W and above), By Application (Highways and Roadways, Public Places, Architecture, Others (Streetlights, Parking Garage etc.)), By Distribution Channel (Direct Sales, Wholesale/Retail), By Installation Type (New Installation, Retrofit Installation), By Region, Competition Forecast & Opportunities, 2018 -2028F

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format

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India Outdoor LED Lighting Market By Wattage (Below 80W, 80W and above), By Application (Highways and Roadways, Public Places, Architecture, Others (Streetlights, Parking Garage etc.)), By Distribution Channel (Direct Sales, Wholesale/Retail), By Installation Type (New Installation, Retrofit Installation), By Region, Competition Forecast & Opportunities, 2018 -2028F

The India Outdoor LED Lighting Market is expected to grow at a robust CAGR during the forecast period because

Light Emitting Diode (LED) is a semiconductor device that emits light when the electric current flows through it. Used in several applications such as alarm and security systems, optical communication, robotics, remote controlled operations, etc., LEDs offers benefits over traditional lighting such as long-lasting capability, quick response time, fast switching capability and low power consumption.

Government Projects Increasing the Demand for LED Lighting

market size of USD 1 trillion

build 80 airports in the next 5 years

Indian Government has been releasing new tenders for highway expansion. New projects such as Delhi–Mumbai Expressway, Delhi–Amritsar–Katra Expressway, Ganga Expressway (Meerut–Prayagraj) are some of the highways which will be using LED lights. With LED lights being used on highways, it is expected to propel the India Outdoor LED lighting market.

High-Cost LED lights

High


MIR Segment1

Recent Developments

Panasonic

The

Market Segments

Market Players

India Outdoor LED Lighting Market players include Surya Roshni Ltd., Havells India Limited, Halonix Technologies Limited, Panasonic India, Bajaj Electricals Limited, Signify Holding, CG Power and Industrial Solutions Ltd, Bajaj Electricals Limited (BEL), Osram India Private Limited, Syska Led Lights Private Limited.

Recent Developments

In 2019, Signify announces collaboration with Livspace in India to provide a wide range of smart lighting options for customers designing their homes through the Livpace platform.

In November 2022, Messe Frankfurt India and ELCOMA (Electric Lamp and Component Manufacturers Association of India) jointly organized a mega trade fair with over 1000 innovations including finished products and accessories, lighting components and raw materials, smart lighting, solar lights, LED manufacturing equipment and machinery.

Attribute

Details

Base Year

2022

Historic Data

2018– 2022

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

·         By Wattage

·         By Application

·         By Distribution Channel

·         By Region

Regional scope

North, South, West, East

Key companies profiled

Surya Roshni Ltd., Havells India Limited, Halonix Technologies Limited, Panasonic India, Bajaj Electricals Limited, Signify Holding, Osram India Private Limited, Syska Led Lights Private Limited, CG Power and Industrial Solutions Ltd, Eveready Industries India Limited

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