Warm red‐emitting praseodymium‐doped LiSrVO4 phosphors were synthesized via solid‐state reaction. The phase formation was verified using an X‐ray diffraction study and the morphology was investigated using a scanning electron microscope study. The LiSrVO4:Pr3+ phosphors emitted red light when exposed to ultraviolet light, indicating their possibility for use in warm white light‐emitting diodes (WLEDs). Furthermore, the effect of charge compensators on the luminescence characteristics was addressed. The decay time was investigated using time‐resolved photoluminescence. Furthermore, thermal quenching was analyzed through temperature‐dependent photoluminescence spectra. Their sensitivity was calculated using temperature‐dependent decay time analysis. The colour purity of the emitted light could be measured by photometric analysis. This comprehensive investigation provides a thorough understanding of the luminescence properties of phosphors for WLED applications.