Lighting Market Size, Trends, Challenges & Opportunities By 2029 (1)

The lighting market has seen substantial growth over the years. The Indian lighting market, in particular, was valued at USD 46.54 billion in 2024 and is expected to reach USD 65.13 billion by 2029 of the forecast period(2024-2029). growing at a CAGR of 5.76%. This growth is driven by the increasing adoption of LED lighting, urbanization, and government initiatives promoting energy efficiency.

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Lighting Market Size, Trends, Challenges & Opportunities By 2029 (1)

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