India Solar Street Lighting Market

India Solar Street Lighting Market Overview:

As per MRFR analysis, the India Solar Street Lighting Market Size was estimated at 107.58 (USD Million) in 2023. The India Solar Street Lighting Market Industry is expected to grow from 123.7(USD Million) in 2024 to 884.85 (USD Million) by 2035. The India Solar Street Lighting Market CAGR (growth rate) is expected to be around 19.587% during the forecast period (2025 - 2035).

Key India Solar Street Lighting Market Trends Highlighted

The India Solar Street Lighting Market is experiencing significant transformation driven by various key market drivers. The increasing focus on renewable energy and sustainability aligns with the government's initiatives, such as the National Solar Mission, which aims to promote solar energy adoption across the country. This initiative supports the installation of solar street lights in urban and rural areas, enhancing energy accessibility while reducing dependence on fossil fuels. Additionally, the growing need for energy-efficient and cost-effective street lighting solutions due to rising electricity costs has propelled the adoption of solar street lighting. There are remarkable opportunities to be explored within this market, particularly in rural electrification. The Indian government has set ambitious targets for rural development, and solar street lighting can play a pivotal role in illuminating remote areas. Moreover, with ongoing technological advancements, the integration of smart features in solar street lighting systems, such as motion sensors and remote monitoring capabilities, presents further potential. By leveraging innovations, manufacturers can offer advanced solutions that cater to the evolving needs of cities and rural communities alike. Trends in recent times indicate a shift towards hybrid solar street lighting systems that combine solar energy with battery storage, ensuring uninterrupted power supply even during cloudy conditions or nighttime.Furthermore, public-private partnerships are becoming increasingly common, facilitating faster deployment of solar lighting solutions across various regions of India. These trends not only reflect a growing commitment to sustainable urban development but also highlight India’s dedication to enhancing public safety and improving the quality of life in local communities. The focus on solar street lighting aligns well with India’s broader objectives of achieving energy security and enhancing environmental sustainability.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

India Solar Street Lighting Market Drivers

Government Initiatives and Schemes

To address energy constraints and advance sustainable development, the Indian government is aggressively supporting energy-efficient technologies, such as solar energy. By 2022, the government's "Solar Power Policy" hopes to generate 100 gigawatts of solar energy, offering a strong foundation for nationwide solar street lighting projects. Since local and state governments are allocating funding to replace conventional street lighting with solar solutions, this has resulted in major investments in the India Solar Street Lighting Market Industry. The government's strong commitment to growing this sector is demonstrated by the fact that, according to the Ministry of New and Renewable Energy, around 8.4 million solar street lights have been installed across India under various initiatives. In addition to guaranteeing decreased carbon emissions, such widespread adoption also drastically reduces municipal power costs.

Rising Awareness of Renewable Energy Benefits

Public awareness regarding the benefits of renewable energy has significantly increased in India, leading to a growing acceptance of solar technologies, particularly in urban areas. According to a report by the Bureau of Energy Efficiency, approximately 68% of Indian citizens believe that solar energy can mitigate climate change, which reflects a shift in public perception towards cleaner energy sources. The increasing acknowledgment of solar street lighting as a cost-effective and eco-friendly solution has been pivotal for market growth.This trend is further supported by leading organizations such as the Indian Solar Association, which has been instrumental in campaigns that highlight the advantages of solar energy, fostering consumer trust and boosting demand in the India Solar Street Lighting Market Industry.

Technological Advancements in Solar Lighting

The continuous technological advancements in solar energy systems have significantly enhanced the efficiency and reliability of solar street lights. Innovations such as LED technology and smart control systems have made solar street lighting more effective and affordable for municipalities and local bodies in India. Recent advances have improved battery performance and energy management systems, leading to longer operational hours and reduced maintenance costs.The Electronics and Information Technology Ministry reports that improved solar technology has led to a decrease in the average cost of solar street lights by 30% over the past five years. This reduction in costs, combined with enhanced performance, makes the India Solar Street Lighting Market Industry an attractive choice for cities looking to upgrade their street lighting infrastructures.

Urbanization Driving Infrastructure Development

India is experiencing rapid urbanization, with the urban population expected to reach 600 million by 2031, which will require significant infrastructure improvements, including street lighting. Urban local bodies are under increasing pressure to provide sustainable and efficient lighting solutions that can accommodate growing populations. The National Institute of Urban Affairs indicates that around 50% of Indian cities now prioritize solar street lighting in their infrastructure development plans.This transition aims to not only improve safety and security in urban areas but also reduce the burden on existing electricity grids. Such a focus on renewable solutions directly impacts the growth of the India Solar Street Lighting Market Industry as cities seek to align with sustainable urban development goals.

India Solar Street Lighting Market Segment Insights:

Solar Street Lighting Market Type Insights

The India Solar Street Lighting Market has shown considerable growth and innovation, especially within its Type segmentation, which primarily includes Standalone and On Grid systems. Standalone solar street lighting systems are self-contained units that operate independently from the grid. They are particularly beneficial in rural and remote areas of India, where electricity access is limited or unreliable. These systems, with their easy installation and minimal maintenance requirements, have gained popularity due to low operational costs and the ability to provide reliable illumination without depending on the electrical infrastructure. On the other hand, On Grid solar street lighting represents a connection to the broader electrical grid, allowing for the integration of renewable energy with conventional power sources. This system can effectively reduce electricity costs for municipalities and improve energy efficiency while enhancing the reliability of street lighting in urban environments.A significant advantage of the On Grid setup is that it enables energy storage and smart grid functionality, which aligns with India's vision of a sustainable energy future. The government has been actively promoting solar initiatives through various policies and incentives aimed at increasing the installation of renewable energy sources. This push has created a favorable environment for both types of systems. Furthermore, the distinctive nature of the Indian market, which includes urbanization and population growth, fuels the demand for efficient and sustainable street lighting solutions. The Standalone systems generally dominate in regions where grid connections are sparse, making them a vital aspect of the government’s efforts to illuminate underserved areas. As more urban locales adopt On Grid solutions, the two segments reflect the diverse energy needs of India's varied population. Advances in solar technology, increasing investments in renewable energy, and an emphasis on energy sustainability are expected to further enhance the landscape of the India Solar Street Lighting Market. As urban areas grow and the need for efficient public infrastructure escalates, both Standalone and On Grid segments will play critical roles in transforming India's energy consumption patterns. Overall, the segmentation of the India Solar Street Lighting Market highlights the adaptability of solar technologies to meet the diverse lighting needs of different regions across the country.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Solar Street Lighting Market Product Type Insights

The India Solar Street Lighting Market features a diverse product type segmentation, with Compact Fluorescent Lamps (CFL) and Light Emitting Diodes (LED) playing crucial roles in its growth. CFLs are known for their energy efficiency and longevity, making them a practical choice for various urban and rural environments in India. Despite their benefits, they have seen a gradual decline in preference as users increasingly shift toward LED technology. In contrast, LEDs dominate the market due to their lower energy consumption, longer lifespan, and superior brightness, which aligns well with India's energy sustainability goals.The growing emphasis on renewable energy sources by the Indian government has further propelled LED adoption, positioning it as the preferred choice for new installations. This transition is driven by the need for cost-effective solutions, especially in off-grid areas, where solar street lighting provides an essential service. As urbanization continues and infrastructure development accelerates in India, the demand for effective and sustainable street lighting solutions, particularly LED fittings, is expected to increase, addressing both public safety and energy-efficiency goals.

Solar Street Lighting Market Application Insights

The India Solar Street Lighting Market, focused on the Application segment, exhibits significant diversity, encompassing Residential, Commercial, and Industrial applications. The growing urbanization and initiatives to enhance public safety drive the adoption of solar street lighting in residential areas, where it provides reliable and sustainable lighting solutions. Meanwhile, the commercial sector benefits from solar street lights due to the reduction in operational costs and promotion of eco-friendly practices, aligning with corporate social responsibility goals.In the industrial realm, the demand for solar lighting solutions is propelled by the need for enhanced safety and energy savings as industries increasingly switch to renewable energy sources. The rise in smart city projects across India further establishes a favorable climate for the adoption of solar technologies in all application areas, encouraging seamless integration with modern urban infrastructure. Government policies and incentives to promote green energy also serve as key growth drivers for the India Solar Street Lighting Market, supporting the transition towards a more sustainable energy landscape.

India Solar Street Lighting Market Key Players and Competitive Insights:

The India Solar Street Lighting Market is experiencing significant growth due to increasing demand for sustainable and efficient lighting solutions. This market landscape consists of various players, ranging from established electrical firms to emerging startups, all competing to capture market share and innovate in solar technology. The drive toward renewable energy sources, the need for reduced carbon footprints, and favorable government policies are key factors contributing to this market's expansion. Companies are increasingly focused on enhancing their product offerings, improving efficiency, and reducing costs to meet customer demands. The competitive dynamics are characterized by collaborations, technological advancements, and customer-centric approaches as firms aim to differentiate themselves in a crowded marketplace.Crompton Greaves Consumer Electricals has established a formidable presence in the India Solar Street Lighting Market by leveraging its extensive experience in the electrical domain and a strong brand reputation. The company is renowned for its robust R&D capabilities, which have enabled it to develop high-efficiency solar street lights that cater to the diverse needs of urban and rural segments. Crompton Greaves Consumer Electricals is well-positioned in the market, with a vast distribution network that ensures the widespread availability of its products. The company's strengths lie in its commitment to quality, innovation, and customer service, which have helped it maintain a competitive edge in pricing and technology. Furthermore, its brand recognition and trust among consumers bolster its market position, making it a key player in the solar street lighting sector in India.Schneider Electric also plays a significant role in the India Solar Street Lighting Market, focusing on sustainable energy management and automation solutions. The company offers a diverse range of solar street lighting products designed to enhance energy efficiency and reduce environmental impact. Schneider Electric's presence in India is marked by its strong focus on innovation and digital solutions, which help local communities achieve greater energy independence. The company has a notable reputation for its smart solar lighting systems that incorporate advanced controls and IoT technology, automatically adjusting light levels based on ambient conditions. Schneider Electric’s strengths include its global expertise coupled with localized solutions, enabling it to cater effectively to the Indian market. Additionally, the company engages in strategic partnerships and alliances to expand its reach and enhance its product offerings, allowing for continued growth through mergers and acquisitions as it maintains a proactive approach to competition in the sector.

Key Companies in the India Solar Street Lighting Market Include:

Crompton Greaves Consumer Electricals

Schneider Electric

Tata Power Solar Systems

Renew Power

Mahindra Solar

SuKam Power Systems

Jakson Group

Wipro Enterprises

Bajaj Electricals

Adani Solar

Sunpower

Hero Future Energies

Luminous Power Technologies

Solektra International

Vikram Solar

India Solar Street Lighting Market Industry Developments

The India Solar Street Lighting Market has been witnessing significant advancements recently, characterized by a strong push towards renewable energy and sustainability. In August 2023, Tata Power Solar Systems received an order for solar street lights from various municipalities as part of the government's Smart City initiative. Crompton Greaves Consumer Electricals has also been expanding its product offerings in solar solutions, reinforcing its presence in the market. Schneider Electric launched its new range of solar street lighting systems in September 2023, emphasizing energy efficiency and smart technology integration. In terms of growth, the market valuation of Vikram Solar surged with increased investments in Research and Development for innovative solar technology. Notably, in July 2023, Mahindra Solar entered a strategic partnership with Jakson Group to strengthen its distribution network across India. Over the past two to three years, the Indian government has allocated substantial funds to support solar energy projects, fostering development in the sector. As a result, the solar street lighting market is becoming an increasingly competitive environment, with multiple players like Wipro Enterprises and Bajaj Electricals also augmenting their solar product lines to meet growing demand.

India Solar Street Lighting Market Segmentation Insights

Solar Street Lighting Market Type Outlook

Standalone

On Grid

Solar Street Lighting Market Product Type Outlook

Compact Fluorescent Lamps (CFL)

Light Emitting Diode (LED)

Solar Street Lighting Market Application Outlook

Residential

Commercial

Industrial

India Solar Street Lighting Market Segmentation

• Solar Street Lighting Market By Type (USD Million, 2019-2035)

  • Standalone

  • On Grid

• Solar Street Lighting Market By Product Type (USD Million, 2019-2035)

  • Compact Fluorescent Lamps (CFL)

  • Light Emitting Diode (LED)

• Solar Street Lighting Market By Application (USD Million, 2019-2035)

  • Residential

  • Commercial

  • Industrial