Led lights have been growing at such a big rate all over the world… certainly, India is no exception here. In reality, LED lighting has vast potential in India owing to power shortages and high electricity costs. Nowadays, India struggles to meet the increasing electricity demand with its exceptional growth in the economy. Also, this country plans to build more power plants for sustaining the higher electricity demand of its widely growing population.
But… here is a very simple solution; just change light bulbs to the new LED technology and this can surprisingly reduce the country’s electricity demand by as much as 40 percent. It really…really works great! With the biggest benefit of energy saving, long lamp life and environment friendly technology; LEDs would notably lessen the lighting load, peak demand and overall energy consumption of India, even without compromising on the environment safety (like many Indians protested against dangerous Kudankulam Nuclear Power Plant). As India has been declared as one of the polluted countries in the world, such eco-friendly aspect of led lighting would definitely add more strength to the future growth of Indian LED light segment. So, SAVE ENERGY… SAVE ENVIRONMENT… and thereby SAVE INDIA with LED development.
Ever since Thomas Edison made electrical lighting popular and viable in 1880, most homes have been lit using incandescent light bulbs. Of course, these bulbs have very low initial cost, but they are highly inefficient by converting only 10% of the energy consumed into light and releasing the other 90% as heat. Even, they have very short lifespan – 1,200 hours. Afterwards, CFLs (Compact fluorescent lamps) were introduced as a more energy efficient alternative to traditional incandescent lights in the lighting market. CFLs use 3-4 times less energy than incandescent lights and they have much longer lifespan – 8,000 hours. The latest lighting solution on the market is LEDs…however they cost much more expensive than other two options; they offer longest lifespan – 50,000 hours, being 2-3 times more efficient than CFLs and up to 10 times more efficient than incandescent lights.
For lighting, we are familiar with five basic types: Incandescent, Fluorescent, High intensity discharge, Low pressure sodium and Compact fluorescent lamp (CFL). Among these, Compact fluorescent lamps (CFLs) are considered to be the most significant lighting devices for homes in the near past. But sadly, these lights are sensitive to the fluctuation and inconsistent power supply in India. When it comes to country like India, it may not find another great option like LED as LEDs are rocky, sustain power surges, shocks and vibrations. Plus, they are easy to install and have long span of life.
LED tube light is considered to be the green lighting in the twenty-first century. LED is supposedly the more eco friendly option to CFL bulbs. LED and CFL roughly give off the same amount of lumens per Watt, but Incandescent lamps and CFLs are slow poison for you, for your family and for the environment. Actually, they contain dangerous substances – mercury and lead, which poses large environmental hazard when being disposed of. LED has no mercury and no heavy metal content; and most importantly they are easily recyclable. What is more, it helps to cutback the emission of greenhouse gases. With all of these, LEDs show a promising future in the Green India… even with the improvement in technology; it may be possible to incorporate these lights into almost all lighting applications.
Before four to five years, LED lighting had applications only for the exit signs, architectural lighting, decorative lighting, forming numbers on digital clocks, lighting cell phones, traffic lights, entertainment lighting and large outdoor television screens. Now technology advancement in LEDs has open doors for applications like consumer portable lighting (flashlights, headlamps), solar landscape lighting, retail display lighting, commercial and industrial lighting, and outdoor area lighting. Due to their small form factor and high lumens-to-watts ratio, LEDs have also found increasing adoption among automobile manufacturers in the country.
Now they are penetrating into homes and businesses, but mostly as a decorative lighting solution. It means there is lot to do for regular indoor lighting yet, and what it is required to ride on this new wave of lighting technology are innovation and availability of LED-based products for regular indoor lighting at an affordable price.
LED market in India is totally import-dependent. Big corporations like Usha Shriram Ltd, Philips, GE, Osram, and so on, are either active or venturing into this market. These bud-like lights consume very little power, give out very little heat and have a long life; all these make them so popular and compel manufacturers to look at various lighting applications.
In India, LED lighting has been in use for a couple of years now, but LED lighting market is still at a nascent stage. Its slow acceptance and adaptation are just because of its higher price. Compared to conventional lamps, LED lamps are expensive hence obstruct penetration in the price-sensitive Indian market.
Although it is believed that as and when there is oversupply of LED packages, the price of LEDs will fall. However, other important aspects like increase in awareness, increase in applications, rural push and growing competition are expected to drive the successful growth of this market. Moreover, Lighting Industry analysts predict that LEDs will capture the Indian lighting market in a big way in the next couple of years, and this is mainly because LED light sources not only save energy but also cut electricity bills.
You can also say that the stage is already set for LEDs to take over as the next big thing in the lighting industry. As per the recent reports, the demand for LED lighting in India was worth US $ 49.6 million in 2009, the same is likely to go up to US $ 400 million by 2015. This would be surely higher in the next five years, because India is in the initial stage of the product’s lifecycle.
Experts of Indian lighting market believe that LED lighting system is expected to play major role in reducing India’s overall energy requirements than other two alternatives. They also stated that the replacement speed of LED lighting will be very fast and the growth rate can be expected up to 80 percent for the next four years. According to them, the percentage of changeovers from traditional lighting to LED lighting depends on improvements in LED chip technology and manufacturing costs. However, they have already noted that this shift is in progress from 2010, and expected to move quicker from this year onwards.
In the Indian economy, LED is still an expensive initial investment as compared to CFL technology. At the moment, CFL rules the market by providing cost efficient lighting. About 200 million CFL bulbs are sold in India every year. But, it is also true that the cost of LED products is now more economical as compared to a year back, and it is expected that the cost would sharply drop with more market penetration.
Actually, Indian market is not completely aware of LEDs benefits yet, but as more and more people realize the benefits of LED lights, this scenario could be changed faster. Moreover, reduction in the price of semiconductor materials has made use of LEDs possible for everyday home applications, thereby tempting energy-efficient lighting options.
On the other hand, due to the durability, efficiency, longevity and reliability; LED lighting is rising as well tempting many international players to venture in the Indian market, for example – the electronics and LED expos are being organized in the country at regular basis. As we know that companies like Wipro and Philips are banking big on the Indian market, they have also chosen to invest in this sector. LED tube light can save electricity as much as 80%; with this biggest benefit, LED light will gradually take over the whole lighting market of India.
Industry penetration to LED Business
- 12 large, 15 Medium and about 600 small manufacturers in LED business
- All major chip manufacturers have based offices in India
- Binning and Packaging being started in India
- Tie up with major Global Luminaire manufacturers by most of large companies to start manufacture in India