India Smart Led Lighting Market Size & Outlook, 2018-2025
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India smart led lighting market highlights
- The India smart led lighting market generated a revenue of USD 268.8 million in 2018 and is expected to reach USD 1,388.2 million by 2025.
- The India market is expected to grow at a CAGR of 26.4% from 2019 to 2025.
- In terms of segment, wired was the largest revenue generating product in 2018.
- Wireless is the most lucrative product segment registering the fastest growth during the forecast period.
Smart led lighting market data book summary
| Market revenue in 2018 | USD 268.8 million |
| Market revenue in 2025 | USD 1,388.2 million |
| Growth rate | 26.4% (CAGR from 2018 to 2025) |
| Largest segment | Wired |
| Fastest growing segment | Wireless |
| Historical data | 2015 - 2017 |
| Base year | 2018 |
| Forecast period | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wired, Wireless |
Other key industry trends
- In terms of revenue, India accounted for 3.7% of the global smart led lighting market in 2018.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2025.
- In Asia Pacific, China smart led lighting market is projected to lead the regional market in terms of revenue in 2025.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,388.2 million by 2025.
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Smart LED Lighting Market Scope
Smart LED Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Eaton | View profile | 5001-10000 | Jundiaí, Sao Paulo, Brazil, South America | https://www.eaton.com/br/pt-br.html |
| Koninklijke Philips N.V. | View profile | - | - | - |
| BridgeLux | View profile | 51-100 | Sunnyvale, California, United States, North America | http://www.bridgelux.com |
| Wipro | View profile | 10001+ | Bengaluru, Karnataka, India, Asia | http://www.wipro.com |
| Cree Lighting | View profile | 1001-5000 | Racine, Wisconsin, United States, North America | https://www.creelighting.com/company |
| Ams-OSRAM AG | View profile | 22461 | Tobelbader Strasse 30, Premstaetten, Austria, 8141 | https://www.ams-osram.com |
| Syska | View profile | 501-1000 | New York, New York, United States, North America | http://www.syska.com |
| Acuity Brands Inc | View profile | 12200 | 1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, United States, 30309 | https://www.acuitybrands.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
India smart led lighting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart led lighting market will help companies and investors design strategic landscapes.
Wired was the largest segment with a revenue share of 86.2% in 2018. Horizon Databook has segmented the India smart led lighting market based on wired, wireless covering the revenue growth of each sub-segment from 2015 to 2025.
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Our clientele includes a mix of smart led lighting market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India smart led lighting market , including forecasts for subscribers. This country databook contains high-level insights into India smart led lighting market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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India smart led lighting market size, by product, 2015-2025 (US$M)
India Smart LED Lighting Market Outlook Share, 2018 & 2025 (US$M)
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