Top Panel Light Brands for Brightening Your Spaces

Panel lights have rapidly gained popularity in both residential and commercial spaces due to their sleek design and efficient lighting capabilities. From offering consistent illumination to being energy-efficient, these lights have become a go-to choice for modern interiors. At the heart of their popularity are the brands that have mastered the art of producing high-quality panel lights, ensuring durability and innovation. If you're considering an upgrade or installation, you'll want to be familiar with some of the best brands in the market. Check out the list below to discover leading names in the industry.

Illustration of panel light

Best brands of panel light in 2025

Philips

Philips is a leading producer of LED panel lights, renowned for its innovative and energy-efficient solutions. The company has seen significant growth in LED lighting sales, with a 33% increase in the three months through September, accounting for 30% of their $2.85 billion in lighting sales for that quarter. Philips dominates the global lighting market, particularly in LED lighting, with a higher market share in LED than in conventional lighting. Their consumer LEDs are now available at affordable prices, such as $5 at Home Depot, contributing to rapid consumer adoption. Philips' strong market position is further reinforced by its extensive global market presence, leading technology, and trusted brand.

Osram

Osram, a leading brand in the LED lighting industry, is renowned for its high-quality panel lights, which are known for their energy efficiency, long lifespan, and durability. Osram's panel lights are widely used in various applications, including offices, retail, and hospitality sectors, driven by their advanced technologies and extensive distribution network. The company holds a significant market share, with the top five companies in the LED lighting market, including Osram, occupying 30.75% of the market. Osram's commitment to innovation and sustainability aligns with current market trends, enhancing its competitive edge. For instance, the global LED bulb market, in which Osram is a key player, is expected to grow from USD 8.2 billion in 2022 to USD 16.5 billion by 2028, exhibiting a CAGR of 12.3%.

Syska

Syska is a prominent player in the India Lighting Market, known for its high-quality LED panel lights. The company, along with other major players like Signify N.V., Havells India Limited, and Bajaj Electricals, contributes significantly to the market's growth, which is projected to register a CAGR of 15.70% from 2024 to 2029. Syska's products are favored for their energy efficiency and innovative designs, aligning with the increasing demand for LED lighting solutions. The Indian LED lighting market has seen substantial growth, partly due to government initiatives like UJALA, which has boosted the adoption of LED lights. Syska's presence in the market highlights the brand's commitment to providing reliable and efficient lighting solutions.

Wipro

Wipro is positioning itself as a leading producer in the lighting industry, particularly in panel lights, with ambitious growth targets to become one of the top three companies by FY2024-25. The company achieved a remarkable double-digit growth in its lighting business in FY2022-23, crossing Rs 1,000 crore in revenue. Wipro's lighting segment is divided into B2C and B2B, with the B2B segment performing well due to new infrastructure projects. The company is also solidifying its smart lighting business, offering a range of smart lighting products. Wipro's commitment to innovation and sustainability, including a goal to reach net-zero emissions by 2040, further enhances its market position. For more information about their lighting solutions, you can explore their lighting solutions document.

Havells

Havells India Ltd. is a leading producer of panel lights, boasting a 20% market share in switchgear and 15% in switches, with a strong focus on launching products with the latest technology. The company has seen significant growth in the smart products segment, particularly in urban areas, with a 10% increase in market share. Havells' lighting segment, including panel lights, has performed well, driven by geographical expansion into semi-urban and rural markets and a higher premium mix. In FY23, the lighting segment reported strong performance, with volume growth in the mid-teens despite a fall in LED prices. Havells' global expansion has also been successful, with a 20% increase in global sales within two years.

Panasonic

Panasonic is a leading producer of LED panel lights, known for its innovative and energy-efficient solutions. In the global LED panel light market, Panasonic, along with other major players like Signify Holding and Seoul Semiconductor, drives growth through technological advancements and strategic product launches, such as the Cync dynamic effects smart hexagon panels introduced in 2023. Panasonic's commitment to sustainability is evident in its business structure, with a significant focus on energy and industrial applications. The company's net sales in the energy sector contribute substantially to its overall revenue, reflecting its strong position in the market. With a history of investing heavily in research and development, Panasonic continues to enhance its LED panel light offerings. For more detailed insights, you can read their Integrated Sustainability Report.

Crompton

Crompton Greaves Consumer Electricals Limited is a leading producer of panel lights in India, known for its high-quality and innovative products. The company has a strong presence in the lighting segment, with a market leadership position and a significant share in the fan market, estimated at approximately 21% in FY 2020. Crompton's lighting business includes a wide range of products such as LED lamps, LED battens, LED panels, and high-intensity discharge lamps, with a focus on increasing the mix towards ceiling and decorative lighting. The company has also seen a reduction in price erosion intensity in the lighting segment, expected to be in the mid-to-high single digits in FY25. Crompton's commitment to innovation and quality has resulted in award-winning products and a robust financial performance. For more information, view their Integrated Annual Report for FY 2023-24.

Bajaj

Bajaj Electricals is a prominent player in the Indian lighting market, holding a 10% market share as of 2021, and is expected to benefit from the shift away from the unorganized sector. The company is renowned for its high-quality LED lighting products, which are energy-efficient and have a longer life expectancy. LED lighting, a high-growth segment, is projected to reach Rs259bn by FY23, with Bajaj Electricals being one of the key beneficiaries. The company's lighting segment has shown resilience despite market challenges, with expectations of volume growth in the next 4-6 quarters. Bajaj Electricals' commitment to energy efficiency and safety standards aligns with government initiatives, further solidifying its position in the market.

GE Lighting

GE Lighting is a prominent player in the LED panel light market, known for its innovative and energy-efficient lighting solutions. In 2022, the global LED panel light market, which includes GE Lighting, was valued at $20.1 billion and is projected to reach $90.1 billion by 2032, growing at a CAGR of 16.4%. GE Lighting's products, such as the Cync dynamic effects smart hexagon panels launched in August 2023, contribute significantly to the market's growth. These panels feature six individual segments with directional control, enhancing user experience. GE Lighting's commitment to quality and reliability has established it as a trusted brand in the industry.

Eveready

Eveready Industries, though not a primary player in the panel light market, is aggressively expanding its presence in the lighting solutions sector, aiming to increase its revenue from lighting to Rs 1000 crore in the next 4-5 years from the current Rs 300 crore. The company holds a 3% market share in the Rs 10,000 crore consumer lighting market in India and is targeting a mid 20% growth level in lighting and flashlights to constitute around 50% of its total sales in the next 3-4 years. Eveready is the market leader in dry cell batteries and flashlights, with a 60% share in battery-operated flashlights. The company is focusing on consumer lighting, which is growing at 10% annually, and is also emphasizing rechargeable flashlights as a growth area. Despite being a relatively new entrant in the lighting solutions market, Eveready is committed to developing a comprehensive portfolio of lighting solutions. For more details, visit their official press release.