India Solar LED Garden Light Market size was valued at US$ 123.4 million in 2024 and is projected to reach US$ 245.88 million by 2030, at a CAGR of 12.1%.
Solar LED garden lights are outdoor lighting solutions powered by solar energy, combining LED technology with solar panels and rechargeable batteries for efficient garden illumination.
The Indian market is experiencing robust growth, driven by residential landscaping and sustainable lighting trends. In 2023, unit sales reached 4.2 million, with residential sector accounting for 70% of demand. Commercial landscape growing at 14% annually. Decorative lights represent 55% market share.
This report contains market size and forecasts of Solar LED Garden Light in India, including the following market information:
• India Solar LED Garden Light Market Revenue, 2019-2024, 2024-2030, ($ millions)
• India Solar LED Garden Light Market Sales, 2019-2024, 2024-2030,
• India Top five Solar LED Garden Light companies in 2023 (%)
Report Includes
This report presents an overview of India market for Solar LED Garden Light , sales, revenue and price. Analyses of the India market trends, with historic market revenue/sales data for 2019 – 2023, estimates for 2024, and projections of CAGR through 2030.
This report focuses on the Solar LED Garden Light sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the India Solar LED Garden Light market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.
This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.
Segment by Type
• White Light
• Yellow Light
Segment by Applications
• Garden
• Street
• Urban Trunk Road
• Slow Lane
• Others
Key Companies covered in this report:
• Tata Power Solar Systems Ltd.
• Havells India Ltd.
• Bajaj Electricals Ltd.
• Philips India Ltd.
• SYSKA LED
• Moser Baer Solar Ltd.
• Vikram Solar Ltd.
• Loom Solar Pvt. Ltd.
• Waaree Energies Ltd.
• Usha Shriram Solar
Including or excluding key companies relevant to your analysis.
Competitor Analysis
The report also provides analysis of leading market participants including:
• Key companies Solar LED Garden Light revenues in Indian market, 2019-2024 (Estimated), ($ millions)
• Key companies Solar LED Garden Light revenues share in Indian market, 2023 (%)
• Key companies Solar LED Garden Light sales in Indian market, 2019-2024 (Estimated),
• Key companies Solar LED Garden Light sales share in Indian market, 2023 (%)
Drivers:
- Growing Demand for Sustainable Lighting Solutions: With India’s increasing focus on sustainable energy sources, the demand for solar-powered products, including solar LED garden lights, is growing rapidly. Solar energy is a renewable, environmentally friendly alternative, and this trend is driving the adoption of solar LED garden lights in both residential and commercial sectors.
- Government Initiatives and Policies: The Indian government has introduced several initiatives and incentives to promote solar energy usage. Programs like the National Solar Mission and subsidies for solar equipment installation have boosted the market for solar-powered products, including solar LED garden lights, by making them more affordable for consumers.
- Rising Awareness about Energy Efficiency: As energy costs continue to rise and environmental concerns intensify, more people are opting for energy-efficient solutions. Solar LED garden lights are seen as cost-effective, long-term solutions due to their minimal operating costs and low maintenance requirements.
- Increasing Urbanization and Landscaping Projects: The growing urbanization in India has led to the development of public parks, gardens, and landscaping projects, which are being equipped with solar-powered lighting systems. Solar LED garden lights are highly preferred for these applications due to their autonomy, ease of installation, and aesthetic appeal.
- Declining Costs of Solar Panels and LED Technology: The cost of solar panels and LED technology has reduced significantly over the years due to advancements in technology and economies of scale. This has made solar LED garden lights more affordable, which in turn accelerates their adoption.
Restraints:
- High Initial Investment: Despite the long-term savings, the initial cost of installing solar LED garden lights, which includes the cost of solar panels, batteries, and installation, can still be a deterrent for some consumers, especially in rural areas where affordability is a concern.
- Dependence on Weather Conditions: Solar-powered lights are highly dependent on sunlight for recharging, and areas with inconsistent sunlight or prolonged rainy seasons may face challenges in ensuring optimal functionality of the lights. This may discourage some consumers from opting for solar solutions.
- Limited Awareness in Rural Areas: While urban areas are embracing solar technology, awareness of solar LED garden lights is still limited in many rural parts of India. Lack of information, infrastructure, and access to quality products can slow the growth of the market in these regions.
- Performance Variability: The performance of solar LED garden lights can be inconsistent depending on the quality of solar panels, batteries, and LEDs. Substandard products or poor installation can lead to reduced operational efficiency, which can harm the reputation of solar garden lights in the market.
Opportunities:
- Growing Demand for Smart and Automated Solutions: With the rise of smart cities and automated technologies in India, there is a growing opportunity for integrating smart solar LED garden lights that offer features like motion sensing, remote control, and automatic brightness adjustment. These innovations can further drive the adoption of solar lights in urban and suburban areas.
- Rural Electrification Programs: The Indian government’s focus on rural electrification provides a significant opportunity for the solar LED garden light market. As electricity access remains limited in some rural areas, solar-powered solutions present an ideal option to provide outdoor lighting in a sustainable and cost-effective manner.
- Tourism and Hospitality Sector: India’s tourism and hospitality industry is booming, and many hotels, resorts, and heritage sites are increasingly adopting solar-powered solutions to enhance their environmental credentials. Solar LED garden lights can be used for landscaping and enhancing the aesthetic appeal of these properties.
- Corporate and Industrial Adoption: Many businesses are now adopting green practices to reduce their carbon footprints. Solar LED garden lights can be deployed in corporate offices, industrial parks, and manufacturing units as part of corporate social responsibility (CSR) initiatives to promote sustainability.
- Technological Advancements in Solar Energy Storage: Innovations in energy storage technologies, such as improved batteries with higher storage capacities, present a great opportunity to enhance the performance of solar LED garden lights. Longer battery life and quicker charging capabilities can make solar garden lights more reliable, especially in areas with less sunlight.
Challenges:
- Competition from Traditional Lighting Solutions: Traditional electric-powered garden lights continue to dominate the market due to their widespread availability and lower upfront costs. Convincing consumers to switch to solar-powered options can be challenging, especially when traditional lights are seen as more reliable and cheaper.
- Maintenance and Durability Issues: Although solar LED garden lights require less maintenance than traditional lights, issues such as damage to solar panels, battery degradation, and the need for periodic cleaning can arise. These maintenance requirements could pose a challenge in ensuring the long-term viability of solar lights, especially in extreme weather conditions.
- Lack of Standardization and Quality Control: The Indian market for solar products is highly fragmented, with varying standards of product quality. Inconsistent quality across manufacturers may lead to consumer dissatisfaction and mistrust, which could slow the growth of the market.
- Infrastructure Challenges in Remote Areas: Despite the potential for solar energy in rural areas, infrastructure limitations such as poor transportation, lack of installation support, and inadequate solar grid systems can hinder the growth of the solar LED garden light market in these regions.
- Seasonal Performance Fluctuations: In some areas of India, especially those with long winters or cloudy seasons, the performance of solar LED garden lights might suffer due to insufficient sunlight for charging. This seasonal performance issue could limit their effectiveness and deter consumers from fully investing in these lights.
Key Indicators Analysed
• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Indian Market Analysis: The report includes Indian market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Solar LED Garden Light Market
• Overview of the regional outlook of the Solar LED Garden Light Market
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
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