Indian LED Lighting Market Overview:
The Indian led lighting market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Beginning with a regional overview, the report explores the dynamics that have a strong influence on the Indian led lighting market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the Indian led lighting market in North India, East India, West and Central India, South India. For each of these regions, the report studies the Indian led lighting market in detail for latest trends, outlook and opportunities.
The report analyses the competitive structure of the Indian led lighting market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the Indian led lighting market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the Indian led lighting market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the Indian led lighting market industry. Furthermore, the value chain analysis of the Indian led lighting market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
Indian LED Lighting Market Segment Insights:
The Indian led lighting market has been analysed as followed:
By Markets Analysed:
By Products Manufactured:
By Technical and Financial Analysis:
By Region:
Competative Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of the leading players operating in the market are:
Highlights of the Indian LED Lighting Market Report:
Report Customisation:
The Indian led lighting market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global LED Lighting Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Market Breakup by Region
5.4 Market Breakup by Application
5.5 Market by LED Products: LED Lamps, Modules and Fixtures
5.5.1 Current and Historical Market Trends
5.5.2 Market Forecast
5.6 Market Forecast
6 Why is the LED Market so lucrative in India
6.1 India Represents One of the World's Biggest Lighting Markets
6.2 India’s Expanding Consumer Durables Market Provides Immense Potential for Backlighting
6.3 The Government Sector Represents One of the Biggest Drivers of this Market
6.4 India Represents One of the World’s Fastest Growing Automobile Markets
6.5 India is Turning into a Lucrative LED Manufacturing Destination
6.6 Other Factors Driving this Market
7 Indian LED Lighting Industry
7.1 Market Overview
7.2 Market Performance
7.2.1 Volume Trends
7.2.2 Value Trends
7.3 Impact of COVID-19
7.4 Market Breakup by Product Type
7.5 Market Breakup by Application
7.6 Market Breakup by Region
7.7 Market Breakup by Imports and Domestic Manufacturing
7.8 Market Breakup by Public and Private Sectors
7.9 Market Breakup by Indoor and Outdoor Applications
7.10 Market Forecast
7.11 SWOT Analysis
7.11.1 Overview
7.11.2 Strengths
7.11.3 Weaknesses
7.11.4 Opportunities
7.11.5 Threats
7.12 Value Chain Analysis
7.13 Porter’s Five Forces Analysis
7.13.1 Overview
7.13.2 Bargaining Power of Buyers
7.13.3 Bargaining Power of Suppliers
7.13.4 Degree of Competition
7.13.5 Threat of New Entrants
7.13.6 Threat of Substitutes
7.14 Key Market Drivers and Success Factors
7.15 Key Success Factors and Risk Factors for LED Manufacturers
8 Market Breakup by Product Type
8.1 Panel Lights
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Down Lights
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Street lights
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Tube Lights
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Bulbs
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Application
9.1 Commercial Applications
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Residential Applications
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Institutional Applications
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Industrial Applications
9.4.1 Market Trends
9.4.2 Market Forecast
10 Competitive Landscape
10.1 Market Structure
10.2 Market breakup by Key Players
11 LED Manufacturing Process
11.1 Panel Light
11.1.1 Product Overview
11.1.2 Manufacturing Process and Process Flow
11.1.3 Raw Material Requirements
11.1.4 Suppliers of Raw Materials and Delivery Time
11.2 Down Light
11.2.1 Product Overview
11.2.2 Manufacturing Process and Process Flow
11.2.3 Raw Material Requirements
11.2.4 Suppliers of Raw Materials and Delivery Time
11.3 Tube Light
11.3.1 Product Overview
11.3.2 Manufacturing Process and Process Flow
11.3.3 Raw Material Requirements
11.3.4 Suppliers of Raw Materials and Delivery Time
11.4 Bulbs
11.4.1 Product Overview
11.4.2 Manufacturing Process and Process Flow
11.4.3 Raw Material Requirements
11.4.4 Suppliers of Raw Materials and Delivery Time
11.5 Street Light
11.5.1 Product Overview
11.5.2 Manufacturing Process and Process Flow
11.5.3 Raw Material Requirements
11.5.4 Suppliers of Raw Materials and Delivery Time
11.6 Flood Light
11.6.1 Product Overview
11.6.2 Manufacturing Process and Process Flow
11.6.3 Raw Material Requirements
11.6.4 Suppliers of Raw Materials and Delivery Time
12 Project Details, Requirements and Costs Involved
12.1 Land Requirements and Expenditures
12.2 Construction Requirements and Expenditures
12.3 Plant Machinery
12.4 Machinery Pictures
12.5 Raw Material Requirements and Expenditures
12.6 Raw Material and Final Product Pictures
12.7 Packaging Requirements and Expenditures
12.8 Transportation Requirements and Expenditures
12.9 Utility Requirements and Expenditures
12.10 Manpower Requirements and Expenditures
12.11 Other Capital Investments
13 Loans and Financial Assistance
14 Project Economics
14.1 Capital Cost of the Project
14.2 Techno-Economic Parameters
14.3 Product Pricing and Margins Across Various Levels of the Supply Chain
14.4 Taxation and Depreciation
14.5 Income Projections
14.6 Expenditure Projections
14.7 Financial Analysis
14.8 Profit Analysis
15 Key Player Profiles
15.1 Signify NV
15.2 Surya
15.3 Crompton
15.4 Bajaj
15.5 Halonix
15.6 Havells
List of Figure
Figure 1: Global: LED Lighting Industry Overview
Figure 2: Global: LED Lighting Market: Volume Trends (in Billion Units), 2017-2022
Figure 3: Global: LED Lighting Market: Value Trends (in Billion US$), 2017-2022
Figure 4: Global: LED Lighting Market: Breakup by Region (in %), 2022
Figure 5: Global: LED Lighting Market: Breakup by Application (in %), 2022
Figure 6: Global: LED Lamps and Modules Market: Sales Volume (in Million Units), 2017-2022
Figure 7: Global: LED Fixtures Market: Sales Volume (in Million Units), 2017-2022
Figure 8: Global: LED Lamps and Modules Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 9: Global: LED Fixtures Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 10: Global: LED Lighting Market Forecast: Volume Trends (in Billion Units), 2023-2028
Figure 11: Global: LED Lighting Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 12: India: LED Lighting Market: Volume Trends (in Million Units), 2017-2022
Figure 13: India: LED Lighting Market: Value Trends (in Billion US$), 2017-2022
Figure 14: India: LED Lighting Market: Breakup by Product Type (in %), 2022
Figure 15: India: LED Lighting Market: Breakup by Application (in %), 2022
Figure 16: India: LED Lighting Market: Breakup by Region (in %), 2022
Figure 17: India: LED Lighting Market: Breakup by Imports and Domestic Manufacturing (in %)
Figure 18: India: LED Lighting Market: Breakup by Public and Private Sectors (in %), 2022
Figure 19: India: LED Lighting Market: Breakup by Indoor and Outdoor Applications (in %), 2022
Figure 20: India: LED Lighting Market Forecast: Volume Trends (in Million Units), 2023-2028
Figure 21: India: LED Lighting Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 22: India: LED Lighting Industry: SWOT Analysis
Figure 23: India: LED Lighting Industry: Value Chain Analysis
Figure 24: India: LED Lighting Industry: Porter’s Five Forces Analysis
Figure 25: India: LED Lighting Industry: Panel Light (in Million US$), 2017 & 2022
Figure 26: India: LED Lighting Industry Forecast: Panel Light (in Million US$), 2023-2028
Figure 27: India: LED Lighting Industry: Down Light (in Million US$), 2017 & 2022
Figure 28: India: LED Lighting Industry Forecast: Down Light (in Million US$), 2023-2028
Figure 29: India: LED Lighting Industry: Street Light (in Million US$), 2017 & 2022
Figure 30: India: LED Lighting Industry Forecast: Street Light (in Million US$), 2023-2028
Figure 31: India: LED Lighting Industry: Tube Light (in Million US$), 2017 & 2022
Figure 32: India: LED Lighting Industry Forecast: Tube Light (in Million US$), 2023-2028
Figure 33: India: LED Lighting Industry: Bulbs (in Million US$), 2017 & 2022
Figure 34: India: LED Lighting Industry Forecast: Bulbs (in Million US$), 2023-2028
Figure 35: India: LED Lighting Market: Commercial Applications (in Million US$), 2017 & 2022
Figure 36: India: LED Lighting Market Forecast: Commercial Applications (in Million US$), 2023-2028
Figure 37: India: LED Lighting Market: Residential Applications (in Million US$), 2017 & 2022
Figure 38: India: LED Lighting Market Forecast: Residential Applications (in Million US$), 2023-2028
Figure 39: India: LED Lighting Market: Institutional Applications (in Million US$), 2017 & 2022
Figure 40: India: LED Lighting Market Forecast: Institutional Applications (in Million US$), 2023-2028
Figure 41: India: LED Lighting Market: Industrial Applications (in Million US$), 2017 & 2022
Figure 42: India: LED Lighting Market Forecast: Industrial Applications (in Million US$), 2023-2028
Figure 43: India: LED Lighting Market: Breakup by Key Players (in %), 2022
Figure 44: Panel Light Manufacturing: Various Types of Unit Operation Involved
Figure 45: Panel Light Manufacturing: Conversion Rate of Products
Figure 46: Down Light Manufacturing: Various Types of Unit Operation Involved
Figure 47: Down Light Manufacturing: Conversion Rate of Products
Figure 48: Tube Light Manufacturing: Various Types of Unit Operation Involved
Figure 49: Tube Light Manufacturing: Conversion Rate of Products
Figure 50: Bulbs Manufacturing Plant: Various Types of Unit Operation Involved
Figure 51: Bulbs Manufacturing: Conversion Rate of Products
Figure 52: Street Light Manufacturing: Various Types of Unit Operation Involved
Figure 53: Street Light Manufacturing: Conversion Rate of Products
Figure 54: Flood Manufacturing: Various Types of Operation Involved
Figure 55: Flood Manufacturing: Conversion Rate of Products
Figure 56: LED Lights Industry: Breakup of Capital Costs (in %)
Figure 57: LED Lights Industry: Profit Margins at Various Level of Value Chain
Figure 58: LED Lights Manufacturing Plant: Breakup of Manufacturing Costs (in %)
List of Tables
Table 1: Global: LED Lighting Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: LED Lighting Market Forecast: Breakup by Region, 2023-2028
Table 3: Global: LED Lighting Market Forecast: Breakup by Application, 2023-2028
Table 4: India: LED Lighting Market: Key Industry Highlights, 2022 and 2028
Table 5: India: LED Lighting Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 6: India: LED Lighting Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 7: Panel Light Manufacturing: Suppliers of Raw Materials and Delivery Timeline
Table 8: Down Light Manufacturing: Suppliers of Raw Materials and Delivery Timeline
Table 9: Tube Light Manufacturing: Suppliers of Raw Materials and Delivery Timeline
Table 10: Bulbs Manufacturing: Suppliers of Raw Materials and Delivery Timeline
Table 11: Street Light Manufacturing: Suppliers of Raw Materials and Delivery Timeline
Table 12: Flood Light Manufacturing: Suppliers of Raw Materials and Delivery Timeline
Table 13: LED Lights Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 14: LED Lights Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 15: LED Lights Manufacturing Plant: Machinery Costs (in US$)
Table 16: LED Lights Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 17: LED Lights Manufacturing Plant: Raw Material Requirements and Expenditures (in US$/Year)
Table 18: LED Lights Manufacturing Plant: Outer Packaging Requirements and Expenditure
Table 19: LED Lights Manufacturing Plant: Inner Packaging Requirements and Expenditure
Table 20: LED Lights Manufacturing Plant: Transportation Expenditure (US$/Unit of Light)
Table 21: LED Lights Manufacturing Plant: Power Consumption (in KWh)
Table 22: LED Lights Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 23: LED Lights Manufacturing Plant: Techno-Economic Parameters
Table 24: LED Lights Manufacturing Plant: Income Projections (in US$)
Table 25: LED Lights Manufacturing Plant: Expenditure Projections (in US$)
Table 26: LED Lights Manufacturing Plant: Income Tax Expenditure
Table 27: LED Lights Manufacturing Plant: Depreciation and Taxation
Table 28: LED Lights Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 29: LED Lights Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 30: LED Lights Manufacturing Plant: Profit and Loss Account
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