Market Forecast By Light Source (Fluorescent Lamps, Light Emitting Diodes, High Intensity Discharge Lamps), By Product Type (Luminaries Smart Bulbs, Fixtures, Lighting Controls Led Drivers & Ballasts, Sensors, Switches & Dimmers, Relay Units, Gateways), By Communication Technology (Wired, Wireless), By Applications (Residential, Commercial, Industrial, Others) and competitive landscape
Product Code: ETC003757 | Publication Date: Aug 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Smart Indoor Lighting Market report thoroughly covers the market by light source, product type, communication technology and application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Indiaย smart indoor lighting marketย has grown significantly and is expected to do so in the future. Technological developments and the growing popularity of smart home solutions are important factors. The market is anticipated to grow as long as these elements continue to exist, reflecting the continued integration of technology and the growing interest of consumers in smart lighting solutions.
According to 6Wresearch, India Smart Indoor Lighting Market size is expected to grow at a significant CAGR of 22.5% during 2025-2031. One of the main factors fueling the market expansion for smart indoor lighting is the rising need for energy-efficient goods. Due to rising energy prices and environmental concerns, people are looking for ways to cut back on their energy use. Smart indoor lighting systems are a desirable alternative for homeowners due to their substantial energy savings when compared to conventional lighting options. Technological developments have also been a major factor in the growth of this market. More creative and effective smart lighting systems with features like remote control, customizability, and energy monitoring have been made possible by ongoing advancements. These developments increase consumer interest and adoption by improving user convenience and operational efficiency.
The Indian market for smart indoor lighting is dominated by companies like Osram India Pvt. Ltd., Havells India Ltd., Philips Lighting, and Syska LED. These businesses are making significant investments in R&D to create cutting-edge goods that will satisfy the growing market for smart lighting solutions. Their ongoing R&D initiatives enable them to meet changing market demands and maintain their competitiveness. They also expand their product offerings by adding cutting-edge features and technology to better serve and draw in Indian customers.
The Indian government has put in place a number of programs to support sustainability and energy efficiency. To ensure better energy performance, the Energy Conservation Building Code (ECBC) establishes required energy efficiency standards for commercial buildings in industries like healthcare, hospitality, and retail. To increase overall energy savings, the National LED initiative focuses on swapping out incandescent lightbulbs for energy-efficient LED lighting in streetlights, homes, and public buildings. Furthermore, the Unnat Jyoti by Affordable LEDs for All (UJALA) program offers subsidized LED bulbs to families, promoting the nationwide adoption of energy-efficient lighting options.
In the upcoming years, the Indian smart indoor lighting market is expected to increase significantly due to factors such rising urbanization, technological improvements, and government programs that encourage energy efficiency. The demand for smart lighting solutions is predicted to increase further due to the growing acceptance of smart homes and increased consumer awareness of energy-efficient products. Furthermore, these technologies will become more accessible to a wider range of consumers with the release of more reasonably priced and compatible smart lighting solutions. As a result, a spike in demand is expected in the industry, offering significant room for expansion to both new and current businesses. In general, the market for smart interior lighting in India appears to have a bright and promising future.
According to Dhaval, Research Manager, 6Wresearch, the LED sector is currently expanding at the quickest rate. LED lights are gaining popularity among consumers due to their energy efficiency, extended lifespan, and diverse design options, particularly in the residential and commercial domains.
The Indian smart indoor lighting market is anticipated to grow significantly in the luminaires and smart bulb segments. Their popularity among customers can be ascribed to their customizable possibilities and ease of installation.
The wireless segment is now expanding. This is explained by the fact that wireless communication technology is a popular option among customers due to its simplicity and flexibility. This market is growing because wireless technology has also enhanced range and dependability, which has fueled its expansion.ย
On the basis of application, the commercial sector is expanding. This is explained by the growing use of energy-saving technologies in business buildings like retail establishments, hotels, and offices. Furthermore, the availability of remote control functions and customization choices makes smart interior lighting systems very appealing to commercial
Theย India Smart Indoor Lighting Marketย report provide a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. India Smart Indoor Lighting Market Overview |
3.1. India Country Macro Economic Indicators |
3.2. India Smart Indoor Lighting Market Revenues & Volume, 20201 & 2031F |
3.3. India Smart Indoor Lighting Market - Industry Life Cycle |
3.4. India Smart Indoor Lighting Market - Porter's Five Forces |
3.5. India Smart Indoor Lighting Market Revenues & Volume Share, By Light Source, 20201 & 2031F |
3.6. India Smart Indoor Lighting Market Revenues & Volume Share, By Product Type, 20201 & 2031F |
3.7. India Smart Indoor Lighting Market Revenues & Volume Share, By Communication Technology, 20201 & 2031F |
3.8. India Smart Indoor Lighting Market Revenues & Volume Share, By Applications, 20201 & 2031F |
4. India Smart Indoor Lighting Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. India Smart Indoor Lighting Market Trends |
6. India Smart Indoor Lighting Market, By Types |
6.1. India Smart Indoor Lighting Market, By Light Source |
6.1.1 Overview and Analysis |
6.1.2. India Smart Indoor Lighting Market Revenues & Volume, By Light Source, 20201-2031F |
6.1.3. India Smart Indoor Lighting Market Revenues & Volume, By Fluorescent Lamps, 20201-2031F |
6.1.4. India Smart Indoor Lighting Market Revenues & Volume, By Light Emitting Diodes, 20201-2031F |
6.1.5. India Smart Indoor Lighting Market Revenues & Volume, By High Intensity Discharge Lamps, 20201-2031F |
6.2. India Smart Indoor Lighting Market, By Product Type |
6.2.1. Overview and Analysis |
6.2.2. India Smart Indoor Lighting Market Revenues & Volume, By Luminaries Smart Bulbs, 20201-2031F |
6.2.3. India Smart Indoor Lighting Market Revenues & Volume, By Fixtures, 20201-2031F |
6.2.4. India Smart Indoor Lighting Market Revenues & Volume, By Lighting Controls Led Drivers & Ballasts, 20201-2031F |
6.2.5. India Smart Indoor Lighting Market Revenues & Volume, By Sensors, 20201-2031F |
6.2.6. India Smart Indoor Lighting Market Revenues & Volume, By Switches & Dimmers, 20201-2031F |
6.2.7. India Smart Indoor Lighting Market Revenues & Volume, By Relay Units, 20201-2031F |
6.3. India Smart Indoor Lighting Market, By Communication Technology |
6.3.1. Overview and Analysis |
6.3.2. India Smart Indoor Lighting Market Revenues & Volume, By Wired, 20201-2031F |
6.3.3 India Smart Indoor Lighting Market Revenues & Volume, By Wireless, 20201-2031F |
6.4. India Smart Indoor Lighting Market, By Applications |
6.4.1. Overview and Analysis |
6.4.2. India Smart Indoor Lighting Market Revenues & Volume, By Residential, 20201-2031F |
6.4.3. India Smart Indoor Lighting Market Revenues & Volume, By Commercial, 20201-2031F |
6.4.4. India Smart Indoor Lighting Market Revenues & Volume, By Industrial, 20201-2031F |
6.4.5. India Smart Indoor Lighting Market Revenues & Volume, By Others, 20201-2031F |
7. India Smart Indoor Lighting Market Import-Export Trade Statistics |
7.1. India Smart Indoor Lighting Market Export to Major Countries |
7.2. India Smart Indoor Lighting Market Imports from Major Countries |
8. India Smart Indoor Lighting Market Key Performance Indicators |
8.1. India Residential Sector Outlook |
8.2. India Commercial Sector Outlook |
8.3. India Industrial Outlook |
8.4. India Government Spending Outlook |
8.5. India Transport & Infrastructure Outlook |
9. India Smart Indoor Lighting Market - Opportunity Assessment |
9.1. India Smart Indoor Lighting Market Opportunity Assessment, By Light Source, 20201 & 2031F |
9.2. India Smart Indoor Lighting Market Opportunity Assessment, By Product Type, 20201 & 2031F |
9.3. India Smart Indoor Lighting Market Opportunity Assessment, By Communication Technology, 20201 & 2031F |
9.4. India Smart Indoor Lighting Market Opportunity Assessment, By Applications, 20201 & 2031F |
10. India Smart Indoor Lighting Market - Competitive Landscape |
10.1. India Smart Indoor Lighting Market Revenue Share, By Companies, 2024 |
10.2. India Smart Indoor Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |