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Lighting Market, India, 2026–2031

Publisher Frost & Sullivan
Published Mar 17, 2026
Length 68 Pages
SKU # MC21015174

Description

The Indian lighting market is expanding, driven by urbanization, infrastructure development, and rising demand for energy-efficient lighting solutions. Valued at $3,836.3 million in 2025, the market is forecast to reach $5,126 million by 2031, at a CAGR of 4.9%.

Key drivers include government programs such as the Smart Cities Mission, UJALA, Street Lighting National Programme, and Make in India, which have accelerated the transition from conventional lighting technologies to energy-efficient LED systems.

Emerging trends include the adoption of IoT-enabled lighting systems, while key challenges include counterfeit lighting products, supply chain disruptions, and fluctuating raw material prices. Major companies operating in the market include Signify, Bajaj Electricals, Havells, Syska LED, Crompton Greaves Consumer Electricals, Surya Roshni, Orient Electric, and Wipro Lighting.

The study segments lighting technology into LED and conventional lighting. End-user verticals include commercial, residential, infrastructure, industrial, and data centers.

Table of Contents

68 Pages
Scope and Segmentation
Scope of Analysis
Segmentation
Growth Environment: Transformation in the Indian Lighting Market
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Indian Lighting Industry
Ecosystem in the Lighting Market
Value Chain
Competitive Environment
Key Competitors
Growth Generator in the Indian Lighting Market
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Considerations
Revenue Forecast
Revenue Forecast Analysis
Revenue Forecast by Technology
Revenue Forecast Analysis by Technology
Revenue Forecast by Industry Vertical
Revenue Forecast Analysis by Industry Vertical
Revenue Share
Revenue Share Analysis
Growth Generator: Commercial Lighting
Growth Metrics
Revenue Forecast
Revenue Forecast by Technology
Forecast Analysis
Growth Generator: Residential Lighting
Growth Metrics
Revenue Forecast
Revenue Forecast by Technology
Forecast Analysis
Growth Generator: Infrastructure Lighting
Growth Metrics
Revenue Forecast
Revenue Forecast by Technology
Forecast Analysis
Growth Generator: Industrial Lighting
Growth Metrics
Revenue Forecast
Revenue Forecast by Technology
Forecast Analysis
Growth Generator: Data Centers Lighting
Growth Metrics
Revenue Forecast
Revenue Forecast by Technology
Forecast Analysis
Growth Opportunity Universe
Growth Opportunity 1: Smart and Connected Lighting Ecosystems
Growth Opportunity 2: Circular Lighting
Growth Opportunity 3: Localized Lighting Production and Components
Appendix & Next Steps
Benefits and Impacts of Growth Opportunities
Next Steps
List of Exhibits
Legal Disclaimer

Pricing

Currency Rates
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