封面
市場調查報告書
商品編碼
1759497

印度的太陽能路燈市場:類別,各產品類型,各用途,各地區,機會,預測,2019年度~2033年度

India Solar Street Lighting Market Assessment, By Type, By Product Type, By Application, By Region, Opportunities and Forecast, FY2019-FY2033F

出版日期: | 出版商: Markets & Data | 英文 127 Pages | 商品交期: 3-5個工作天內

價格

預計在2026財年-2033財年的預測期內,印度太陽能路燈市場規模將以9.01%的複合年增長率增長,從2025財年的4.9億美元增至2033財年的9.8億美元。近年來,由於節能基礎設施需求的不斷增長,以及各國政府積極支持太陽能路燈的推廣,印度太陽能路燈市場實現了顯著增長。政府計劃對安裝進行補貼,並強制在公共場所、高速公路和農村項目中安裝太陽能路燈解決方案,從而擴大了太陽能路燈市場的規模。此外,印度正尋求以有限的資源和人力擴大農村電氣化,這使得太陽能路燈成為偏遠地區的實際可行的選擇。

例如,2024財年1月,北方邦政府決定在北方邦新再生能源發展局(UPNEDA)的領導下,在阿約提亞從古普塔爾河壇(Guptar Ghat)到拉克斯曼河壇(Laxman Ghat)長達10.2公里的路段上安裝470盞太陽能路燈,創下一項新的世界紀錄。這項舉措凸顯了市場對太陽能路燈日益增長的需求。該計畫於2016財年9月啟動,旨在在北方邦、阿薩姆邦、比哈爾邦、賈坎德邦和奧裡薩邦的農村、半城市化和城市地區推廣太陽能照明解決方案。在 "Atal Jyoti Yojana" 計畫的兩個階段中,已安裝了約272萬盞太陽能路燈。該計畫隨後延長至2022財年6月,安裝了13.7萬盞太陽能路燈。該計劃由印度新和再生能源部提供75%的資金,議會農村發展基金(MPLADS)提供25%的資金。印度新和再生能源部正在考慮一項提案,其中包括提供類似於 "阿塔爾·喬蒂計畫" (Atal Jyoti Yojana)的太陽能路燈。這項進展凸顯了未來幾年對太陽能路燈解決方案日益增長的需求。

由於農村地區存在大量離網人口和頻繁停電,太陽能路燈市場可望持續擴張並蘊藏巨大商機。太陽能路燈解決方案價格實惠,可靠,用途廣泛,這進一步鼓勵了市政當局、私人開發商和工業園區的採用。該產品有助於克服環境問題和不斷上漲的電價,並在未來幾年推動太陽能路燈市場的成長。此外,快速的城市化和智慧城市計畫正在推動對整合太陽能物聯網路燈的需求,這些路燈有助於提高能源效率和永續性。

本報告提供印度的太陽能路燈市場相關調查,提供市場概要,以及類別,各產品類型,各用途,各地區趨勢,及加入此市場的主要企業簡介等資訊。

目錄

第1章 計劃的範圍和定義

第2章 調查手法

第3章 美國的關稅的影響

第4章 摘要整理

第5章 顧客的迴響

第6章 印度的太陽能路燈市場預測,2019年度~2033年度

  • 市場規模分析與預測
  • 市場佔有率分析與預測
    • 類別
      • 獨立的
      • 並聯型
    • 各產品類型
      • 一體成型太陽能路燈
      • 二合一太陽能路燈
      • 分離式太陽能路燈
    • 各用途
      • 商業·地方政府
      • 產業
      • 住宅
    • 各地區
      • 北部
      • 南部
      • 東部
      • 西部和中央部
    • 各企業市場佔有率分析(前五名公司以及其他- 以金額為準,2025年度)
  • 2025年度的市場地圖分析

第7章 進出口的分析

第8章 價值鏈分析

第9章 波特的五力分析

第10章 大環境分析

第11章 價格分析

第12章 市場動態

  • 市場促進因素
  • 市場課題

第13章 市場趨勢與發展

第14章 政策和法規情形

第15章 競爭情形

  • 前五名市場領導的競爭矩陣
  • 前五名參與企業的SWOT分析
  • 市場主要加入企業首位11形勢
    • Signify Innovations India Limited
    • Amrut Energy Private Limited
    • Fevino Industries LLP
    • Waaree Energies Ltd.
    • Solmitra Power & Steel Private Limited
    • Shiv Solar Lighting and Controller
    • Starline Communication
    • BM Sunpower Technologies
    • Hi Powerr Electronics
    • Jai Sunlight Systems
    • Systellar Innovations

第16章 策略性建議

第17章 關於調查公司·免責聲明

Product Code: MX13506

India solar street lighting market is projected to witness a CAGR of 9.01% during the forecast period FY2026- FY2033F, growing from USD 0.49 billion in FY2025 to USD 0.98 billion in FY2033. The India solar street lighting market has experienced significant growth in recent years due to the rising need for energy-efficient infrastructure and governments are actively supporting the adoption of solar streetlights which is expected to maintain a strong pace of expansion in the coming years. Government schemes are subsidizing installations and mandating the installation of solar street lighting solutions in public spaces, highways, and rural projects which boosts the solar street lighting market size. Moreover, the country is looking to expand the rural electrification with limited efforts and resources which makes solar street lighting a practical choice for remote areas.

For instance, in January 2024, the Uttar Pradesh government has decided to take the initiative to set a world record by installing the longest line of 470 solar-powered street lights in Ayodhya for stretch of 10.2 km connecting Guptar Ghat to Laxman Ghat under the UPNEDA (Uttar Pradesh New and Renewable Energy Development Agency). This development highlights the rising demand for solar street lighting in the market. In another instance, Ministry of New and Renewable Energy has taken an initiative named Atal Jyoti Yojana, which was launched in September 2016 for implementation till March 2018 for the deployment of solar lighting solution in rural, semi-urban and urban areas of Uttar Pradesh, Assam, Bihar, Jharkhand, and Odisha. About 2.72 lakh solar street lights were installed under two phases of the Atal Jyoti Yojana. Later on, the scheme was extended to June 2022, in which 1.37 lakh solar streetlights were installed. The scheme is 75 percent funded by the Ministry of New and Renewable Energy, while the Member of Parliament Local Area Development Funds (MPLADS) provide 25 per cent. A proposal that includes providing solar street lights on the similar lines of Atal Jyoti Yojana is under consideration of Ministry of New and Renewable. This development highlights the rising demand for solar street lighting solution in the coming years.

The solar street lighting market is poised for sustained expansion and significant opportunities due to presence of large off-grid population and frequent power outages in rural regions. The solar street lighting solutions are affordable and reliable for different applications which further encourages its adoption in municipalities, private developers, and industrial zones. The products help in overcoming the environmental concerns and rising electricity prices, which contribute to the solar street lighting market growth in the coming years. In addition, rapid urbanization and smart city initiatives in the country are driving the demand for integrating solar-powered, IoT-enabled streetlights which assist in enhancing energy efficiency and sustainability.

Rising Adoption of Off-Grid Power Solution in Rural Electrification Amplifying Market Growth

In several rural and remote regions, extending the traditional electric grid is either technically challenging or economically unviable which drives the demand for off-grid power solutions such as solar street lighting products in the market. Off-grid solar street lights provide an independent, reliable, and cost-effective alternative, delivering consistent illumination without relying on central power infrastructure. Additionally, with the increase in installation of solar streetlights in rural areas, the country is capable of meeting energy needs effectively and capable of achieving goals of sustainability and economic resilience. The shift in the energy paradigm through the implementation of off-grid renewable generation solutions is building a positive trajectory for the solar street lighting market.

For instance, in August 2024, Desiccant Rotors International Pvt. Ltd., a flagship company under the Pahwa Group, has installed solar street lights in the outskirts of Dadhikar village, Alwar as part of its CSR activity. The project aims to enhance the electrical infrastructure of the village by improving the lighting condition of the region. This development highlights the companies are taking initiatives for the environment conservation which drive the demand for solar street lighting in the coming years.

Furthermore, the continuous technological enhancements in solution design and panel cost have further increased the performance and lifespan of off-grid solar street lights making the product more appropriate for the nation. In addition, the increasing awareness of the environmental advantages linked to the use of off-grid power solutions in rural electrification increases the demand for solar street lighting products in the market. Additionally, the immense untapped solar energy potential in the country provides a positive future outlook for the expansion of the solar street lighting market over the next few years.

Upcoming Government Policies Supporting Renewable Energy Generation Solutions Creates Market Opportunities

Upcoming government policies supporting renewable energy are creating substantial market opportunities for solar street lighting products by offering a mix of financial incentives for the installation of solar streetlights. Capital subsidies and central financial assistance (CFA) have been enhanced which reduces the upfront costs of solar street light installations and makes the solution more accessible for both municipal and industrial projects. The government is providing tax incentives which boost the adoption of solar street lighting solutions in businesses and the industrial sector which creating a market opportunity for the market in the forecast period.

For instance, in August 2024, the state government of Bihar decided to launch the Mukhyamantri Gramin Solar Street Light Scheme in the state which basically aimed at installing over one million solar street lights by September 2024. Due to some financial and product installation challenges, the target is not met in that time-line. However, the government extended the deadline for the installation which highlight the rising demand for solar street lighting product in the coming years.

Furthermore, several states are encouraging deployment by providing additional subsidies and technical support for the installation of solar street lighting in public spaces and other areas which is creating avenues for solar street lighting market in the coming years. In addition, the Indian government is providing the support to local manufacturing through missions such as National Manufacturing Mission and "Make in India". The plans help reduce costs and strengthen the supply chain for solar components, ensuring wider accessibility and affordability of the solar street lighting solution in the country.

Standalone Type to Dominate the Market

The standalone solar street lighting segment dominates the Indian market due to rising demand for renewable energy and increasing government policies to boost the adoption of innovative technologies in the market. Standalone systems are especially valuable in rural areas of the country where grid connectivity is limited or unreliable which makes off-grid lighting solutions a practical and cost-effective alternative, thus driving its demand in the market. Furthermore, the government is coming up with policies which drive the large-scale adoption of standalone solar lights by offering subsidies and tax benefits.

India is an emerging economy which leads to rapid Urbanization and infrastructure development, further boosting demand for standalone solar street lighting solutions in the market. The rising cost of grid electricity and the need for energy-efficient alternatives make standalone solar streetlights an attractive option in the market. The standalone solar street is designed to allow for quick installation and ensure uninterrupted lighting during power outages which drive its demand in the market.

West and Central India Leads the Solar Street Lighting Market

West and central India have accounted for the highest share in the solar street lighting industry and is predicted to do the same throughout the forecast period. The region has a number of states such as Gujarat, Maharashtra, Madhya Pradesh, and Chhattisgarh involved in urban development and infrastructure building with a high-power efficient infrastructure, hence generating demand for solar street lighting solution in the industry. The region has a combination of favorable government policies, geographic advantages and rising demand for renewable energy need which contribute to the growing demand for the solar street lighting market.

For instance, the region is witnessing a growing demand driven by rural electrification initiatives and government schemes such as the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY), which prioritize the deployment of solar street lighting in areas with limited or unreliable grid access. The combination of government support and the presence of abundant solar resources makes the adoption of off-grid lighting solutions thereby amplifying the market size in the forecast period.

Future Market Scenario (FY2026 - FY2033F)

The push towards smart grid technologies is another significant trend that drives the demand for the solar street lighting market.

Government policies aimed at promoting infrastructure development and electrification are set to boost the demand for solar street lighting in the country.

The upcoming advanced AI features and declining cost of solar panels create the opportunity for solar street lighting market growth in the coming years.

Solar street lightings align with government goals regarding energy efficiency and sustainability energy policies which drive its market in the forecast period.

Key Players Landscape and Outlook

Solar street lighting product manufacturers are actively entering into strategies to increase revenue in the forecast period. Key players focus on continuous product innovation, which could enhance efficiency and appeal to municipalities seeking intelligent lighting solutions. Several manufacturers are investing in cost-effective production and rapid installation solutions, making solar streetlights more accessible for both urban and rural projects. Product launches, agreements, business expansions, collaborations, and developing technologies are also common, enabling companies to expand technological capabilities and geographic reach.

For instance, in May 2023, Signify Innovations India Limited launched its first-ever 'Philips Solar Light Hub' in India. This is an exclusive retail store aimed to encourage wider use of solar lighting products in the country. This development helped the company to increase its market share in coming years.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Impact of U.S. Tariffs

4. Executive Summary

5. Voice of Customers

  • 5.1. Factors Considered in Purchase Decisions
    • 5.1.1. Price
    • 5.1.2. Performance and Reliability (Brightness, Autonomy, Weather Resistance)
    • 5.1.3. Durability and Lifespan of Components
    • 5.1.4. Ease of Installation and Maintenance
    • 5.1.5. After-Sales Support

6. India Solar Street Lighting Market Outlook, FY2019-FY2033F

  • 6.1. Market Size Analysis & Forecast
    • 6.1.1. By Value
    • 6.1.2. By Volume
  • 6.2. Market Share Analysis & Forecast
    • 6.2.1. By Type
      • 6.2.1.1. Standalone
      • 6.2.1.2. On Grid
    • 6.2.2. By Product Type
      • 6.2.2.1. All-in-One Solar Street Light
      • 6.2.2.2. All-in-Two Solar Street Light
      • 6.2.2.3. Split Solar Street Light
    • 6.2.3. By Application
      • 6.2.3.1. Commercial and Municipal
      • 6.2.3.2. Industrial
      • 6.2.3.3. Residential
    • 6.2.4. By Region
      • 6.2.4.1. North
      • 6.2.4.2. South
      • 6.2.4.3. East
      • 6.2.4.4. West and Central
    • 6.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2025)
  • 6.3. Market Map Analysis, FY2025
    • 6.3.1. By Type
    • 6.3.2. By Product Type
    • 6.3.3. By Application
    • 6.3.4. By Region

All segments will be provided for all regions covered

7. Import and Export Analysis

8. Value Chain Analysis

9. Porter's Five Forces Analysis

10. PESTLE Analysis

11. Pricing Analysis

12. Market Dynamics

  • 12.1. Market Drivers
  • 12.2. Market Challenges

13. Market Trends and Developments

14. Policies and Regulatory Landscape

15. Competitive Landscape

  • 15.1. Competition Matrix of Top 5 Market Leaders
  • 15.2. SWOT Analysis for Top 5 Players
  • 15.3. Key Players Landscape for Top 11 Market Players
    • 15.3.1. Signify Innovations India Limited
      • 15.3.1.1. Company Details
      • 15.3.1.2. Key Management Personnel
      • 15.3.1.3. Products and Services
      • 15.3.1.4. Financials (As Reported)
      • 15.3.1.5. Key Market Focus and Geographical Presence
      • 15.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
    • 15.3.2. Amrut Energy Private Limited
    • 15.3.3. Fevino Industries LLP
    • 15.3.4. Waaree Energies Ltd.
    • 15.3.5. Solmitra Power & Steel Private Limited
    • 15.3.6. Shiv Solar Lighting and Controller
    • 15.3.7. Starline Communication
    • 15.3.8. BM Sunpower Technologies
    • 15.3.9. Hi Powerr Electronics
    • 15.3.10. Jai Sunlight Systems
    • 15.3.11. Systellar Innovations

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

16. Strategic Recommendations

17. About Us and Disclaimer

List of Tables

  • Table 1. Competition Matrix of Top 5 Market Leaders
  • Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1. India Solar Street Lighting Market, By Value, In USD Billion, FY2019-FY2033F
  • Figure 2. India Solar Street Lighting Market, By Volume, In Thousand Units, FY2019-FY2033F
  • Figure 3. India Solar Street Lighting Market Share (%), By Type, FY2019-FY2033F
  • Figure 4. India Solar Street Lighting Market Share (%), By Product Type, FY2019-FY2033F
  • Figure 5. India Solar Street Lighting Market Share (%), By Application, FY2019-FY2033F
  • Figure 6. India Solar Street Lighting Market Share (%), By Region, FY2019-FY2033F
  • Figure 7. By Type Map-Market Size (USD Billion) & Growth Rate (%), FY2025
  • Figure 8. By Product Type Map-Market Size (USD Billion) & Growth Rate (%), FY2025
  • Figure 9. By Application Map-Market Size (USD Billion) & Growth Rate (%), FY2025
  • Figure 10. By Region Map-Market Size (USD Billion) & Growth Rate (%), FY2025