By Richa Chakravarty
Friday, December 19, 2014: India’s LED market is forecast to reach $1457.8 million by 2019, at a CAGR of 35.9 per cent, during the period 2014-2019. Government initiatives to replace incandescent bulbs with LED bulbs, the increasing energy demand-supply gap, and declining prices are the factors driving the growth of LED lighting in India. Street lighting applications account for most of the market revenues in the Indian LED lighting market.
Energy conservation drives, the need for more power efficient products and the electrification of rural areas are some of the other factors that are driving the Indian LED lighting market. Unlike in developed countries, LED lighting constitutes only a negligible part of India’s overall lighting market.
Among the various verticals, the LED industrial lighting segment is gradually opening up with a wide range of opportunities for players in India, who are witnessing immense growth. However, for the consumer market, LED is still an expensive technology. LEDs are penetrating the consumer market but lag behind CFL technology, especially in the lamps, tube lights and bulbs sections.
A survey done by Electronics Bazaar found that consumers prefer the bigger brands over the SME brands available in India. The SME brands are yet to make their mark in the lighting segment. The survey lists out the popular names in the consumer market. It is also disappointing that none of the companies could be ranked on the basis of their revenues as most of them have not filed their latest revenues for 2013-14 with the Ministry of Corporate Affairs. Another challenge faced here was that since these companies are into multiple businesses, it was difficult to access their divisional revenue, particularly for the total LED bulbs sold. Hence, we have listed out the companies in alphabetical order.
Disclaimer: While Electronics Bazaar’s editorial team has taken the utmost care to contact all possible sources to make this list comprehensive, we may have inadvertently left out a few companies. Information contained in the following report has been obtained from sources deemed reliable, and Electronics Bazaar makes no claims with respect to its accuracy. Neither Electronics Bazaar, nor its affiliates, officers, directors, employees, owners and representatives, nor any of its data or content providers, shall be liable for any errors or for any actions taken by any entity on the basis of this information.
Top 10 LED bulb brands in India (in alphabetical order) |
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Brands |
Companies |
|
1 |
Bajaj |
Bajaj Electricals Ltd |
2 |
Fiem |
Fiem Industries Ltd |
3 |
GE |
General Electric |
4 |
Havells |
Havells India Ltd |
5 |
HPL |
HPL Electric & Power Pvt Ltd |
6 |
Osram |
Osram Opto Semiconductors |
7 |
Pharox |
NTL Lemnis India Pvt Ltd |
8 |
Philips |
Philips India Ltd |
9 |
Surya |
Surya Roshini Ltd |
10 |
Syska |
SSK Group (Syska LED) |
Rank 1
Bajaj Electricals Ltd (Brand Name: Bajaj)
Shekhar Bajaj, chairman and managing director
Bajaj Electricals Ltd is one of the oldest business conglomerates in India focusing on lighting solutions and domestic appliances. It manufactures LED lights for home decoration under the brand name Bajaj LEDZ and iLED. It is a strong player in the lighting sector including solar lighting. Bajaj Electricals is part of a group of 25 companies that has over 36,000 employees.
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Year of establishment: 1938
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Year operations began in India: 1938
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Headquarters located in: Mumbai, Maharashtra
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Manufacturing facility located in: Ranjangaon, Pune
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Products manufactured: Lighting solutions, appliances, fans, etc
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Sectors it caters to: Lighting, domestic and consumer industries
Contact details: Ph: 022-2406 4431, 22043780, [email protected], www.bajajelectricals.com
Rank 2
Fiem Industries Ltd (Brand Name: Fiem)
J K Jain, chairman and managing director
Fiem Industries Ltd is a reputed name in the automotive lighting industry with eight state of the art manufacturing units located across India. The company subsequently added additional facilities for the production of automotive lighting and signalling equipment. It currently has a workforce of around 5500 employees in India. It sells its LED lights under the brand name, Fiem.
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Year of establishment: 1989
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Year operations began in India: 1989
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Headquarters located in: Haryana
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Manufacturing facilities located in: Two in Haryana, three in
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Tamil Nadu and one each in Mysore, Nalagarh (HP) and Rajasthan
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Products manufactured: Automotive lights, solar lighting products, LED lights, solar panels, PV models, street lights
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Sectors it caters to: Automotive lighting, solar, LED
Contact details: +91-130-2367905/907, [email protected], www.fiemindustries.com
Rank 3
General Electric (Brand Name: GE)
Jeff Immelt, CEO
General Electric evolved from the merger between Edison General Electric Company and Thomson-Houston Company, both prominent manufacturers of electric lights. GE offers a variety of LED lamps ranging from decorative lamps and downlights to LED strip lights. Its Maple series of lights is for commercial applications and the Palm series is for street light applications. The company now has a presence in over 170 countries with an employee strength of 504,000 worldwide and 15,000 in India. GE has set up many research centres across India with over 6000 engineers in Bengaluru, Mumbai, Hyderabad and Chennai.
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Year of establishment: 1892
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Year operations began in India: 1902
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Headquarters located in: Connecticut, US
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Manufacturing facilities located in: R&D facilities in Bengaluru, Mumbai, Hyderabad and Chennai
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Products manufactured: Consumer, lighting and industrial
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Sectors it caters to: Aviation, power, oil and gas, lighting, energy management
Contact details: Ph: +91 124 4808123, [email protected], www.ge.com
Rank 4
Havells India Ltd (Brand Name: Havells)
Sunil Sikka, president
Havells India Ltd is a billion dollar electrical equipment company with its own global LED brands like Sylvania, Concord, Crabtree, Luminance, Endura, Joy, White Wall, Adore, Astral and Matrix. It has 94 branches and registered offices in more than 50 countries. In the year 2014, Havells was ranked 25th among 1200 of India’s most trusted brands, as per Brand Trust Report 2014.
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Year of establishment: 1958
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Year operations began in India: 1958
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Headquarters located in: Noida, Uttar Pradesh
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Manufacturing facilities located in: Haridwar, Baddi, Noida, Sahibabad, Faridabad, Alwar, Neemrana
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Products manufactured: Switchgear, cables and wires, motors, fans, power capacitors, compact fluorescent lamps, LED lights,
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Sectors it caters to: Lighting and consumer
Contact details: Ph: 1020-4771000, [email protected], [email protected], www.havells.com
Rank 5
HPL Electric & Power Pvt Ltd (Brand Name: HPL)
Lalit Seth, chairman and managing director
HPL Electric & Power Pvt Ltd is a première company that manufactures an array of electrical equipment and lighting solutions. It offers LED lights under the brand names LED Glo, Aries LED, Castle LED, Glitz LED table lamps, etc. The company has a large workforce of 5400 people, comprising highly skilled engineers and technicians. It has two high tech R&D facilities in Gurgaon and Kundli with more than 100 engineers. The company is present in more than 20 countries across the globe.
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Year of establishment: 1956
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Year operations began in India: 1956
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Headquarters located in: Delhi
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Manufacturing facilities located in: Five units in Haryana and two each in Himachal Pradesh and Noida
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Products manufactured: Switchgear and protection devices, metering and energy management systems, CFL luminaires, wires and cables, LED lights
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Sectors it caters to: Industrial and consumer electronics, lighting, etc
Contact details: Ph: 91-11-23234411, [email protected], www.hplindia.com
Rank 6
Osram Opto Semiconductors (Brand Name: Osram)
Aldo Kamper, CEO
Osram Opto Semiconductors is a wholly owned subsidiary of Osram GmbH. The company is a joint venture between Osram and Infineon Technologies. Solerio, Oslon, Duris, Displix, etc are some of the LED lights from Osram. It is one of the leading players in the global optoelectronic semiconductor market. The company has no manufacturing facility in India but its products are present through a network of distributors, some of the prominent ones are Rabyte Electronics, Avnet Asia, etc. The company is the world’s second largest manufacturer of optoelectronic semiconductors and employs over 6000 people worldwide.
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Year of establishment: 1999
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Year operations began in India: 1999
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Headquarters located in: Germany
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Products manufactured: LED lights, displays, laser diodes, LED bulbs, infrared emitters, optoelectronic semiconductors, etc
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Sectors it caters to: Automotive industry, domestic lighting, architectural lighting
Contact details: Ph: +91 20 6606 2800, +91-80-4110 8712, [email protected], www.osram-os.com
Rank 7
NTL Lemnis India Pvt Ltd (Brand Name: Pharox)
Arun Gupta, managing director
The parent companies of NTL Lemnis India Pvt Ltd are NTL Electronics, India and Lemnis Lighting, the Netherlands. Helio, Blaze, Nicole White, Quad, Vega and Pharox are the major lighting offerings from the company. It exclusively focuses on the manufacture of LED lighting technologies, apart from innovations in the field of LED. The company primarily concentrates on the European, African and Indian markets. NTL-Lemnis’ lighting brand Pharox is one of the best buys in the market, saving up to 85 per cent of energy and has a lifetime of around 15 years.
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Year of establishment: 1993
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Year operations began in India: 2012
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Headquarters located in: The Netherlands
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Manufacturing facility located in: Noida, Uttar Pradesh
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Products manufactured: LED lights, retrofit lamps, street lights, flood lights, spot lights, flexible LED strips, etc
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Sectors it caters to: Lighting and industrial electronics
Contact details: Ph: +91-0120-400 8888, info,@ntl-lemnis.com, www.ntl-lemnis.com
Rank 8
Philips India Ltd (Brand Name: Philips)
Krishna Kumar Ananthasubramanian, CEO
Philips India Ltd is a subsidiary of Royal Philips, which is based in the Netherlands. With over 120 years of experience, Philips is among the leaders in the lighting industry. Endura LED, GreenLED and Master LED lamps are among the major LED products from Philips. The company manufactures an array of LED lights including accent/effect lights, flood lighting, general lighting and more. Philips offers complete lighting solutions for homes, shops, hotels, factories and hospitals. Philips Lighting employs approximately 47,900 people worldwide.
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Year of establishment: 1891
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Year operations began in India: 1930
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Headquarters located in: Amsterdam, The Netherlands
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Manufacturing facility located in: Chakan (Pune)
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Products manufactured: Accent/effect lights, flood lights, LED lamps, contour lights, solar LED street lights, etc
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Sectors it caters to: Lighting, automotive lighting and consumer luminaires, industrial and consumer electronics
Contact details: Ph:0120-6611094, 0124-4606246, www.philips.com
Rank 9
Surya Roshni Ltd (Brand Name: Surya)
Jai Prakash Agarwal, chairman
Surya Roshni Ltd is one of the largest Indian multinational companies. It has a share of around 25 per cent of the Indian market, in terms of lighting. The company exports its products to over 44 countries and its turnover is close to Rs 40 billion. It is the only company with 100 per cent backward integration, which means that all its products are made in India itself.
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Year of establishment: 1973
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Year operations began in India: 1973
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Headquarters located in: New Delhi
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Manufacturing facilities located in: Uttarakhand, Madhya Pradesh
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Products manufactured: LED lights, PVC fans, LED downlighters, LED lamps, energy savers, etc.
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Sectors it caters to: Consumer, industrial electronics and lighting, etc
Contact details: Ph: +91-11-25810093-96, [email protected], www.surya.co.in
Rank 10
SSK Group (Syska LED) (Brand Name: Syska)
Sunil Gaikwad, vice president
SSK Group’s Syska LED is another leading name in the LED lighting market. Syska LED globe lamps, LED candle lights, and LED par lamps are among the prominent offerings of the company. Syska LED lights are manufactured keeping in mind all global standards. The company offers a vast range of lighting solutions, applicable to almost every segment.
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Year of establishment: 1989
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Year operations began in India: 1989
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Headquarters located in: Maharashtra
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Products manufactured: LED strip lights, tube lights, bulbs, panel lights, flood lights, street lights, etc.
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Sectors it caters to: Industrial and commercial lighting
Contact details: Ph: +91 20 40131000, [email protected], syskaledlights.com