India Smart Lighting Market Overview
Smart lighting is an evolved version of traditional lighting, its design which is completely automated to integrate settings in lighting for controlled and energy-saving lighting, and smart lighting adjusts itself based on the occupancy number and natural light availability. Smart lighting enables control of lighting, heating, cooling and other appliances, the ability to reduce human-made brightness by utilizing light from natural resources like the sun, it allows turning on and off effect according to the presence of people in the room which eventually saves energy. Smart lighting can be connected to the networks by assigning an IP address to light bulbs to achieve controllability in adjusting brightness. Also, the effect can be achieved by an alternative method which is designing Zigbee, or Bluetooth low energy mesh networks by integrating smart light bulbs.
India Smart Lighting Market Dynamics
Rise in Innovation and Technology
The Indian smart lighting market is currently witnessing strong growth. Smart lighting is an innovative technology that is replacing conventional lightings such as incandescent bulbs, halogens, CFLs, etc. with more efficient LED lights and sensors for energy conservation. With India being the second most populated country in the world and one of the largest consumers of electricity, it has been witnessing an increasing electricity demand-supply gap. This has resulted in regular power shortages and blackouts across the country. The government is playing an active role in replacing the current lighting sector with more energy efficient products. This is expected to drive the market for smart lighting in India.
Smart Cities and Cost effective LEDs
Apart from reducing energy consumption and cutting electricity costs, smart lighting also offers numerous other advantages to end users. Instead of using switches and push-buttons, smart lights use motion sensors which can automatically switch the lights on and off when the consumer enters or leaves a room. Moreover, smart light bulbs use LEDs that can be adjusted using a smart phone so that it can change color according to the user’s requirements and can also be switched on and off from a remote location. Some of the other major factors driving the smart light market in India include increasing affordability of smart lights, technological advancements, development of various smart cities, increasing awareness levels, etc. The development of smart buildings and increase in government initiatives for smart city projects are boosting the adoption of smart lighting, thereby impacting the market’s growth positively.
Complexities of Lighting Solutions
However, as compared to conventional lighting alternatives, the huge cost of smart lighting solutions acts as a major constraint in the growth of the smart lighting market. In addition, security issues related to the use of wired lighting and intelligent lighting systems will also impede market growth.
India Smart Lighting Market Segmentation
India smart lighting market is segmented based on offering, communication technology, installation type, light source, application.
On the basis of offering, the India smart lighting market is segmented into hardware which has sub segmented into lights and luminaires, lighting controls. Further the market segments are software and services which has sub segments design and engineering, installation, post-installation. Based on communication technology the targeted market is segmented by wired technology, wireless technology. Wired technology dominates the communication technology segment of the smart lighting market with a share of, this is because wired communication technology is considered to be more reliable, due to the presence of various company-specific proprietary protocols. Based on installation type, the smart lighting market is bifurcated into new installation, retrofit installation. Based on light source the targeted market is separated into LED lamps, fluorescent lamps, compact fluorescent lamps, high intensity discharge lamps, and others. The Light Emitting Diode (LED) lamps segment holds the largest share, owing to its cost-effectiveness and energy saving features. Based on application, the target market is classified into commercial, and residential, public infrastructure, others.
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Attribute |
Details |
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Base year for estimation |
2023 |
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Forecast period |
2024 – 2034 |
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Market representation |
Revenue in USD Million & CAGR from 2024 to 2034 |
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Market Segmentation |
By Offering- Hardware (Lights and Luminaires, Lighting Controls), Software, Services (Design and Engineering, Installation, Post-Installation) By Communication Technology- Wired Technology, Wireless Technology By Installation Type- New Installation, Retrofit Installation By Light Source- LED Lamps, Fluorescent Lamps, Compact Fluorescent Lamps, High Intensity Discharge Lamps, and Others By Application- Commercial, and Residential, Public Infrastructure, Others |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the India smart lighting market report based on test, application, and region:
India Smart Lighting Market, By Offering:
- Hardware
- Lights and Luminaires
- Lighting Controls
- Software
- Services
- Design and Engineering
- Installation
- Post-Installation
India Smart Lighting Market, By Communication Technologies:
- Wired Technology
- Wireless Technology
India Smart Lighting Market, By Installation Type:
- New Installation
- Retrofit Installation
India Smart Lighting Market, By Light Source:
- LED Lamps
- Fluorescent Lamps
- Compact Fluorescent Lamps
- High Intensity Discharge Lamps
- Others
India Smart Lighting Market, By Application:
- Commercial and Residential
- Public Infrastructure
- Others
India Smart Lighting Market Key Players
The key players operating the India Smart Lighting Market includes Ajanta India Ltd., Bajaj Electricals Ltd., Havells India Ltd, Osram India Pvt Ltd., Philips India Ltd., Samsung India Electronics Pvt. Ltd., Schneider Electric India Pvt. Ltd., Syska LED Lights Pvt Ltd., Wipro Ltd., and Crompton & Greaves Ltd. For Instance, The Indian government has launched UJALA program, with a target to distribute 770 million LEDs by March 2019. This program aims to rectify the high cost of electrification and the increased emissions from inefficient lighting in the country, amidst the backdrop of electricity demand witnessing a five-fold increase, over the years.
India Smart Lighting Market Company Profile
- Ajanta India Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bajaj Electricals Ltd.
- Havells India Ltd
- Osram India Pvt Ltd.
- Philips India Ltd.
- Samsung India Electronics Pvt. Ltd.
- Schneider Electric India Pvt. Ltd.
- Syska LED Lights Pvt Ltd.
- Wipro Ltd.
- Crompton & Greaves Ltd.
“*” marked represents similar segmentation in other categories in the respective section
India Smart Lighting Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for India Smart Lighting Strategies
- Key Questions this Study will Answer
- Market Snippet, By Offering
- Market Snippet, By Communication Technology
- Market Snippet, By Installation Type
- Market Snippet, By Light Source
- Market Snippet, By Application
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Offering, 2024 – 2034, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Hardware
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Lights and Luminaires
- Lighting Controls
- Software
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Services
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Design and Engineering
- Installation
- Post-Installation
- Overview
- Market Segmentation, By Communication Technology, 2024 – 2034, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Wired Technology
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Wireless Technology
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Market Segmentation, By Installation Type, 2024 – 2034, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- New Installation
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Retrofit Installation
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Market Segmentation, By Light Source, 2024 – 2034, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- LED Lamps
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Fluorescent Lamps
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Compact Fluorescent Lamps
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- High Intensity Discharge Lamps
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Market Segmentation, By Application, 2024 – 2034, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Commercial and Residential
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Company Profiles
- Overview
Ajanta India Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Bajaj Electricals Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Havells India Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Osram India Pvt Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Philips India Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Samsung India Electronics Pvt. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Schneider Electric India Pvt. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Syska LED Lights Pvt Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Wipro Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Crompton & Greaves Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The market report has been segmented on the basis of offering, communication technology, installation type, light source, application.
The India Smart Lighting Market is driven by factors such as the increasing focus on energy efficiency and sustainability, government initiatives promoting smart cities and LED adoption, the rising demand for connected and automated lighting solutions, and advancements in smart lighting technologies.
The high initial costs of smart lighting systems, concerns about data security and privacy in connected lighting solutions, the need for interoperability standards, and the slower pace of technology adoption in certain regions, acting as restraints for the India Smart Lighting Market.
Considers regions within India, such as North India, South India, East India, West India, and Central India. It's essential to review the specific report for detailed regional insights. The region dominating the India Smart Lighting Market could vary based on factors like urbanization, government initiatives, and economic development
The prominent player operating in the India Smart Lighting market includes Ajanta India Ltd., Bajaj Electricals Ltd., Havells India Ltd, Osram India Pvt Ltd., Philips India Ltd., Samsung India Electronics Pvt. Ltd., Schneider Electric India Pvt. Ltd., Syska LED Lights Pvt Ltd., Wipro Ltd., and Crompton & Greaves Ltd.