인도의 솔라 가로등 시장 규모는 예측 기간인 2026-2033년 동안 9.01%의 CAGR로 확대되어 2025년 4억 9,000만 달러에서 2033년 9억 8,000만 달러로 성장할 것으로 예상됩니다. 인도의 솔라 가로등 시장은 에너지 효율이 높은 인프라에 대한 수요 증가로 인해 최근 몇 년 동안 큰 성장세를 보이고 있으며, 각국 정부는 솔라 가로등 도입을 적극적으로 지원하고 있습니다. 정부 제도는 설치에 대한 보조금을 지급하고 공공 공간, 고속도로 및 농촌 프로젝트에 솔라 가로등 솔루션 설치를 의무화하여 솔라 가로등 시장 규모를 촉진하고 있습니다. 또한, 국가는 제한된 노력과 자원으로 농촌의 전기화를 확대하기 위해 노력하고 있으며, 이는 솔라 가로등을 외딴 지역에 대한 실용적인 선택으로 만들고 있습니다.
예를 들어, 2024년 1월 우타르 프라데시 주 정부는 UPNEDA(우타르 프라데시 신-재생에너지 개발청)를 통해 아요디아의 굽타 가트에서 락스만 가트까지 10.2km 구간에 470개의 솔라 가로등을 설치하여 세계 최장의 기록을 세우기로 결정했습니다. 이 개발은 솔라 가로등 시장 개척에 대한 수요가 증가하고 있음을 보여줍니다. Atal Jyoti Yojana는 우타르 프라데시, 아삼, 비하르, 자르칸드, 오디샤의 농촌, 반도시, 도시 지역에 태양광 조명 솔루션을 보급하기 위해 2016년 9월에 시작되었으며, 2단계에 걸쳐 약 272만 개의 솔라 가로등이 설치되었습니다. 이후 이 제도는 2022년 6월까지 연장되어 13만 7,000개의 솔라 가로등이 설치되었습니다. 이 제도는 신재생에너지부가 75%, 국회의원 지역개발기금(MPLADS)이 25%를 출자하고 있으며, Atal Jyoti Yojana와 유사한 솔라 가로등을 제공하는 것을 포함한 제안이 신재생에너지부에서 검토되고 있습니다. 이 개발은 향후 몇 년 동안 솔라 가로등 솔루션에 대한 수요 증가를 강조합니다.
솔라 가로등 시장은 대규모 오프그리드 인구의 존재와 농촌 지역의 빈번한 정전으로 인해 지속적인 확장과 큰 비즈니스 기회를 맞이할 준비가 되어 있습니다. 솔라 가로등 솔루션은 도시, 지자체, 민간 개발자 및 산업 지역에서 채택을 더욱 촉진하는 다양한 용도에 대해 저렴하고 신뢰할 수 있습니다. 이 제품은 환경 문제와 전력 가격 상승을 극복하는 데 도움이 되며 향후 몇 년 동안 솔라 가로등 시장의 성장에 기여할 것입니다. 또한, 급속한 도시화와 스마트 시티에 대한 노력은 에너지 효율과 지속가능성 향상을 지원하는 태양광 기반 IoT 지원 가로등에 대한 통합 수요를 촉진하고 있습니다.
인도의 솔라 가로등 시장에 대해 조사했으며, 시장 개요, 유형별, 제품별, 용도별, 지역별 동향, 시장 진출 기업 프로파일 등의 정보를 전해드립니다.
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.
All segments will be provided for all regions covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.