India Off-highway Vehicle Lighting Market Size & Outlook
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India off-highway vehicle lighting market highlights
- The India off-highway vehicle lighting market generated a revenue of USD 66.7 million in 2024 and is expected to reach USD 103.0 million by 2030.
- The India market is expected to grow at a CAGR of 7.6% from 2025 to 2030.
- In terms of segment, halogen was the largest revenue generating product in 2024.
- LED is the most lucrative product segment registering the fastest growth during the forecast period.
Off-highway vehicle lighting market data book summary
| Market revenue in 2024 | USD 66.7 million |
| Market revenue in 2030 | USD 103.0 million |
| Growth rate | 7.6% (CAGR from 2025 to 2030) |
| Largest segment | Halogen |
| Fastest growing segment | LED |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LED, Halogen, HID, Incandescent |
Other key industry trends
- In terms of revenue, India accounted for 5.7% of the global off-highway vehicle lighting market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China off-highway vehicle lighting market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 40.4 million by 2030.
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Off-highway Vehicle Lighting Market Scope
Off-highway Vehicle Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Peterson Manufacturing | View profile | 11-50 | Plainfield, Illinois, United States, North America | https://peterson-mfg.com |
| ABL Lights | View profile | - | Caen, Basse-Normandie, France, Europe | http://www.abllights.com/ |
| WESEM | View profile | - | Wieliczka, Malopolskie, Poland, Europe | http://www.wesem.com/ |
| J.W. Speaker Corporation | View profile | 251-500 | Germantown, Wisconsin, United States, North America | https://www.jwspeaker.com/ |
| ECCO Safety Group | View profile | 501-1000 | Boise, Idaho, United States, North America | http://eccosafetygroup.com |
| Truck-Lite | View profile | 1001-5000 | Falconer, New York, United States, North America | https://www.truck-lite.com/ |
| Grote Industries | View profile | 1001-5000 | Indianapolis, Indiana, United States, North America | http://grote.com |
| HELLA GmbH & Co KGaA | View profile | 37743 | Rixbecker Strasse 75, Lippstadt, NW, Germany, 59552 | https://www.hella.com |
India off-highway vehicle lighting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to off-highway vehicle lighting market will help companies and investors design strategic landscapes.
Halogen was the largest segment with a revenue share of 64.77% in 2024. Horizon Databook has segmented the India off-highway vehicle lighting market based on led, halogen, hid, incandescent covering the revenue growth of each sub-segment from 2018 to 2030.
India off-highway vehicle lighting market is expected to experience substantial growth over forecast period. This market is mainly driven by the increasing demand for construction machinery and earthmoving equipment associated with large infrastructure developments ongoing in the country. Increasing urbanization and a growing number of commercial construction projects in India are expected to add growth to this market. Focus of multiple manufacturers to enhance market presence in India is projected to add lucrative opportunities.
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Target buyers of India off-highway vehicle lighting market databook
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Our clientele includes a mix of off-highway vehicle lighting market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India off-highway vehicle lighting market , including forecasts for subscribers. This country databook contains high-level insights into India off-highway vehicle lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India Product - Off-highway Vehicle Lighting Market size, 2024 - 2030 (US$M)
India Off-highway Vehicle Lighting Market Outlook Share, 2024 & 2030 (US$M)
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