India Automotive LED Lighting Market Size

The India Automotive LED Lighting Market is projected to experience significant growth over the forecast period, with headlights and daytime running lamps maintaining a substantial portion of the market share. The integration of advanced lighting technologies, such as LED projector lights, is a key trend, driven by major automotive manufacturers. Additionally, the increasing penetration of fog LED lamps is anticipated due to rising accident rates in adverse weather conditions. The market's expansion is further supported by innovations and developments in automotive lighting products, as evidenced by recent investments in research and development facilities.

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Market Size of india automotive led lighting Industry

India Automotive LED Lighting Market Summary
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svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 0.59 Billion
svg icon Market Size (2030) USD 1.16 Billion
svg icon Largest Share by Automotive Utility Lighting Headlights
svg icon CAGR (2024 - 2030) 11.85 %
svg icon Fastest Growing by Automotive Utility Lighting Reverse Light

Major Players

India Automotive LED Lighting Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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India Automotive LED Lighting Market Analysis

The India Automotive LED Lighting Market size is estimated at 0.59 billion USD in 2024, and is expected to reach 1.16 billion USD by 2030, growing at a CAGR of 11.85% during the forecast period (2024-2030).

0.59 Billion

Market Size in 2024 (USD)

1.16 Billion

Market Size in 2030 (USD)

33.87 %

CAGR (2017-2023)

11.85 %

CAGR (2024-2030)

Largest Segment by Automotive Utility Lighting

34.90 %

value share, Headlights, 2023

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The total sales of LEDs in this category is expected to reach USD 185.7 million by 2023. It is driven by government regulations and the need for safe driving.

Largest Segment by Automotive Vehicle Lighting

44.55 %

value share, 2 Wheelers, 2023

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The total sales of LEDs in this category is expected to reach USD 237 million by 2023. In May 2023, India's retail sales of electric two-wheelers increased by 57% compared to April 2023.

Fastest-growing Segment by Automotive Utility Lighting

12.24 %

Projected CAGR, Reverse Light, 2024-2030

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In India there is an increase consumer demand for advanced vehicle features and limited parking space availability for passenger cars.

Fastest-growing Segment by Automotive Vehicle Lighting

13.38 %

Projected CAGR, Commercial Vehicles, 2024-2030

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The total sales of LEDs in this category is expected to reach USD 63.6 million by 2023. In FY 2022-2023, the overall Commercial Vehicles sales increased from 7,16,566 to 9,62,468 units.

Leading Market Player

20.73 %

market share, OSRAM GmbH., 2022

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OSRAM GmbH. has the highest market share in India. In APAC region, India and China are the company's two key markets and it offers lighting solutions (not limited to LED Lighting) approximately 70% of the passenger vehicles in India.

Headlights are expected to hold the highest share by market value

  • In terms of value share, in 2017, headlights accounted for the majority, followed by directional signal lights and DRL. The market share is expected to remain the same for headlights and DRL during the forecast period, with a small reduction in directional signal lights. The biggest trend in India's automotive lighting market is the addition of DRLs (daytime running lamps) with projector lights in frontal lighting. Tata, Hyundai, and Mahindra are among the few popular examples of integrating LED projector lights in upcoming vehicles. The fog LED lamp penetration rate is expected to increase with increasing accident trends. Accidents under adverse weather conditions such as rainy, foggy, and hail/sleet accounted for 16.8% of total road accidents in 2021, an increase of 12.6% from the prior year.
  • In terms of volume share, in 2017, directional signal lights accounted for the majority, followed by headlights and stoplights. The market share is expected to remain the same with less fluctuation for these lights. Directional signal lights are the prime part with a high probability of getting affected in minor to major accidents in all types of vehicles and require replacement. In 2017, a total of 4,64,910 road accidents occurred, while in 2021, it decreased to 4,12,432. This also indicated the decrease in the volume of directional signal light every year.
  • In terms of expansion and innovations, in September 2022, Marelli inaugurated its new Technical R&D Center in Bangalore, South India, boosting the company's innovation capability in Mechanical Design Simulations for Electronics and moving forward for automotive lighting products.
India Automotive LED Lighting Market

India Automotive LED Lighting Industry Segmentation

Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others are covered as segments by Automotive Utility Lighting. 2 Wheelers, Commercial Vehicles, Passenger Cars are covered as segments by Automotive Vehicle Lighting.

  • In terms of value share, in 2017, headlights accounted for the majority, followed by directional signal lights and DRL. The market share is expected to remain the same for headlights and DRL during the forecast period, with a small reduction in directional signal lights. The biggest trend in India's automotive lighting market is the addition of DRLs (daytime running lamps) with projector lights in frontal lighting. Tata, Hyundai, and Mahindra are among the few popular examples of integrating LED projector lights in upcoming vehicles. The fog LED lamp penetration rate is expected to increase with increasing accident trends. Accidents under adverse weather conditions such as rainy, foggy, and hail/sleet accounted for 16.8% of total road accidents in 2021, an increase of 12.6% from the prior year.
  • In terms of volume share, in 2017, directional signal lights accounted for the majority, followed by headlights and stoplights. The market share is expected to remain the same with less fluctuation for these lights. Directional signal lights are the prime part with a high probability of getting affected in minor to major accidents in all types of vehicles and require replacement. In 2017, a total of 4,64,910 road accidents occurred, while in 2021, it decreased to 4,12,432. This also indicated the decrease in the volume of directional signal light every year.
  • In terms of expansion and innovations, in September 2022, Marelli inaugurated its new Technical R&D Center in Bangalore, South India, boosting the company's innovation capability in Mechanical Design Simulations for Electronics and moving forward for automotive lighting products.
Automotive Utility Lighting
Daytime Running Lights (DRL)
Directional Signal Lights
Headlights
Reverse Light
Stop Light
Tail Light
Others
Automotive Vehicle Lighting
2 Wheelers
Commercial Vehicles
Passenger Cars
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India Automotive LED Lighting Market Size Summary

The India Automotive LED Lighting Market is experiencing significant growth, driven by the increasing adoption of LED technology in vehicles. This growth is fueled by the rising demand for energy-efficient and high-lumen output lighting solutions, which enhance both the aesthetic appeal and safety of vehicles. The market is characterized by a strong focus on innovation and expansion, with companies like Marelli establishing R&D centers to boost their capabilities in automotive lighting. The integration of LED projector lights and daytime running lamps in vehicles by major automakers such as Tata, Hyundai, and Mahindra highlights the trend towards advanced lighting solutions. Additionally, the growing penetration of fog LED lamps is a response to the increasing incidence of accidents under adverse weather conditions, further propelling the demand for automotive LED lighting.

The market landscape is moderately consolidated, with key players like Fiem Industries Ltd., Lumax Industries, Marelli Holdings Co., Ltd., OSRAM GmbH, and Uno Minda Limited dominating the sector. The Indian government's initiatives to promote electric vehicles and improve charging infrastructure, such as the FAME-II scheme and the Production-Linked Incentive Scheme, are expected to significantly impact the automotive LED lighting market. These policies aim to boost the manufacturing of electric and hydrogen fuel cell vehicles, thereby increasing the demand for automotive LEDs. The market is poised for continued expansion, supported by investments in LED lighting and the growing need for EV charging infrastructure, which will further drive the adoption of LED lighting solutions in the automotive sector.

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India Automotive LED Lighting Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

    1. 1.1 Automotive Utility Lighting

      1. 1.1.1 Daytime Running Lights (DRL)

      2. 1.1.2 Directional Signal Lights

      3. 1.1.3 Headlights

      4. 1.1.4 Reverse Light

      5. 1.1.5 Stop Light

      6. 1.1.6 Tail Light

      7. 1.1.7 Others

    2. 1.2 Automotive Vehicle Lighting

      1. 1.2.1 2 Wheelers

      2. 1.2.2 Commercial Vehicles

      3. 1.2.3 Passenger Cars

India Automotive LED Lighting Market Size FAQs

The India Automotive LED Lighting Market size is expected to reach USD 593.31 million in 2024 and grow at a CAGR of 11.85% to reach USD 1.16 billion by 2030.

In 2024, the India Automotive LED Lighting Market size is expected to reach USD 593.31 million.

India Automotive LED Lighting Market Report Snapshots