In 2023, the import of lamp and lighting fitting parts except glass or plastic to India stood at approximately 151.67 million USD. Forecasted data from 2024 to 2028 indicates a steady increase, with values growing from 158.01 million USD in 2024 to 187.9 million USD in 2028. The year-on-year growth rates for these years are around 4.87% in 2025, 4.56% in 2026, 4.27% in 2027, and 4.00% in 2028. This represents a compound annual growth rate (CAGR) of approximately 4.38% from 2024 to 2028.

Key future trends to watch for include:

An increasing shift towards energy-efficient lighting solutions, likely driving demand for advanced parts.
Potential impacts of policy changes related to import tariffs and domestic production incentives.
Technological advancements in lighting and smart home integration influencing import patterns.