India Solar Street Lighting Market Assessment, By Type [Standalone, On Grid], By Product Type [All-in-One Solar Street Light, All-in-Two Solar Street Light, Split Solar Street Light], By Application [Commercial and Municipal, Industrial, Residential], By Region, Opportunities and Forecast, FY2019-FY2033F

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.

 

Report Attribute	Details
Base Year of the Analysis	FY2025
Forecast Period	FY2026-FY2033
Historical Period	FY2019-FY2024
Projected Growth Rate	CAGR of 9.01% between FY2026 and FY2033
Revenue Forecast in FY2033	USD 0.98 billion

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.

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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.

Report Scope

“India Solar Street Lighting Market Assessment, Opportunities, and Forecast, FY2019-FY2033F”, is a comprehensive report by Markets and Data, that provides an in-depth analysis and qualitative and quantitative assessment of the current state of India solar street lighting market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between FY2026 and FY2033F. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.

Report Attribute	Details
Segments Covered	Type, Product Type, Application
Regions Covered	North, South, East, West and Central
Key Companies Profiled	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
Customization Scope	15% free report customization with purchase
Pricing and Purchase Options	Avail the customized purchase options to fulfil your precise research needs
Delivery Format	PDF and Excel through email (subject to the license purchased)

In the report, India solar street lighting market has been segmented into the following categories: 

• By Type
  • Standalone
  • On Grid
• By Product Type
  • All-in-One Solar Street Light
  • All-in-Two Solar Street Light
  • Split Solar Street Light
• By Application
  • Commercial and Municipal
  • Industrial
  • Residential
• By Region
  • North
  • South
  • East
  • West and Central

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.

Key Players Operating in India Solar Street Lighting Market are:

• 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

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