India Light Emitting Diodes (LEDs) Market – Drivers, Opportunities, Trends, & Forecasts: 2015–2022

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  • India Light Emitting Diodes (LEDs) Market – Drivers, Opportunities, Trends & Forecasts: 2016–2022

    The emerging technologies have been changing the lighting industry over the past decades, which covers the movement from halogen lamps to incandescent bulbs to Light Emitting Diodes (LEDs). The developing economies which have been lagging behind the developed economies in terms of technological acceptance level are now being considered among the target markets for new product launches.

    Indian lighting market has been witnessing a shift from traditional light sources to non-conventional products such as LEDs. Although, the product manufacturing companies still have to rely heavily on imports for LEDs supply, yet the market is witnessing high growth owing to government support in terms of favorable import policies and subsidies in the consumer segment. A similar trend has also been witnessed in other LEDs product markets as well where LED displays are replacing the traditional displays and LED sign boards are replacing conventional boards changing the ways the marketing is being done.

    The study of Indian LEDs market provides the market size information and market trends along with the factors and parameters impacting in both short and long term. The study also covers the competitive scenario of the market with respect to the raw material availability, major players with their branding strategies, and differentiating factors among others. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision makers to make better business plans and informed decisions for the future business.

    According to Infoholic Research, Indian LEDs market is expected to grow at a CAGR of 32.0% during the forecast period 2016–2022 to reach $3.4 billion by 2022. Lighting segment is expected to contribute the largest contribution towards the growth whereas the highest growth is expected from mobile devices segment which is expected to be benefitted by technological development, decreasing LEDs price and increasing disposable income of Indian consumers.

    Improving standard of living with developing economy along with decreasing LEDs price is resulting in increasing affordability of LED products, providing potential for market growth via replacement of traditional light sources. Further, market penetration for LED products is continuously increasing, driven by increasing literacy levels and technological awareness. Many international players have established their manufacturing set-ups in India in order to reap benefits of growing Indian market. Some of the prominent players in Indian LED market are OSRAM India Pvt. Ltd., Kwality Photonics Pvt. Ltd., Havells India Limited, and SYSKA LED Ltd. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.


  • With tables and figures helping analyze worldwide India Light Emitting Diodes (LEDs) market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Sl.No. Description Slide No.

    1 Introduction 3

    1.1 Research Methodology 5

    1.2 Market Definition & Coverage 6

    1.2.1 Market Definition 6
    1.2.2 Major Applications Areas 7
    1.2.3 Major Applications Areas, by Sub Segments 8

    2 Executive Summary 9

    3 Market Overview 11

    3.1 Country Trends 12

    3.2 PESTLE Analysis 14

    3.3 Market Drivers 15

    3.4 Market Challenges & Inhibitors 16

    4 India LED Market Analysis 17

    4.1 Momentum Analysis By Applications 18

    4.2 India LED Market Revenues, By Applications 19

    4.3 India LED Market Volume, By Applications 20

    4.4 India LED Market Volume, By Applications (Year-on-Year) 21

    4.5 LED Market Revenues from Mobile Devices, By Sub-segments 22

    4.6 LED Market Revenues from Displays, By Sub-segments 23

    4.7 LED Market Revenues from Lighting, By Sub-segments 24
    4.8 LED Market Revenues from Signs & Boards, By Sub-segments 25
    4.9 LED Market Revenues from Other Applications 26

    5 Supply Analysis, by Key Players 27

    6 Supplier Profiles 29

    6.1 Kwality Photonics Pvt Ltd 30

    6.2 Bag Electronics India Pvt Ltd 32

    6.3 Havells India Limited 34

    6.4 Laxman Energy Products Limited 36

    6.5 Syska Led Lights Pvt Ltd 38

    6.6 Osram India Pvt Ltd 40


  • The India Light Emitting Diodes (LEDs) Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
    • Kwality Photonics Pvt Ltd Bag Electronics India Pvt Ltd Havells India Limited Laxman Energy Products Limited Syska Led Lights Pvt Ltd Osram India Pvt Ltd
    By Regions:
      By Type:
        By Application:
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        Research objectives

        Where will all these developments take the industry in the long

        To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

        What are the future opportunities in the market?

        To understand the structure of Market by identifying its various subsegments.

        What are the major driving forces expected to impact the development of the market market across different regions?

        To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

        Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

        To project the consumption of market submarkets, with respect to key regions.

        Who are the major driving forces expected to decide the fate of the industry worldwide.

        To strategically profile the key players and comprehensively analyze their growth strategies.

        What are the key barriers and threats believed to hinder the development of the industry?

        To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

        Who are the prominent market players making a mark in the market with their winning strategies?

        To share detailed information about the key factors influencing the growth of the market

        What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

        Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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