PRTODAY / NewswireToday press release distribution service network
More news: Energy
Written by / Agency / Source: Frost & Sullivan
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Emerging LED Lighting Market in India to Push Urban Planning Towards Eco-Efficiency and Low-carbon Trajectory - Indian construction market expected to grow to USD 500 billion by 2025. It was USD 100 billion in 2010
Emerging LED Lighting Market in India to Push Urban Planning Towards Eco-Efficiency and Low-carbon Trajectory


NewswireToday - /newswire/ - Mumbai, India, 2012/11/29 - Indian construction market expected to grow to USD 500 billion by 2025. It was USD 100 billion in 2010.

Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


An "energy" revolution akin to the Green and White revolutions that occurred few years ago altering the agriculture and dairy sectors, is the need of the hour in India. And, Light Emitting Diode (LED) lighting will be at the heart of such a revolution. Mandatory norms of energy efficiency for new buildings/facilities, incentive support for energy-efficient projects, Integrated Lighting Management Systems (ILMS) for street lighting, and phasing out of energy-guzzling lighting products could trigger an energy-efficiency revolution in India.

The LED lighting market in India is at a nascent stage and these lighting systems are yet to make inroads into the market, which is currently dominated by compact fluorescent lamps (CFLs) and T5 fluorescent lamps (T-FL). Poor penetration is due to high upfront cost of LED lighting systems, absence of standards, testing, measurement and verification protocols, and low level of awareness.

LED lighting systems are anticipated to play significant role in reducing India's overall energy requirements. Energy consumption can be reduced by usage of LED lighting for street lighting, in conjunction with ILMS. Implementing energy saving performance contracts (ESPC) for residential and commercial segments and integrating LED lighting controls and systems with building management systems will further lower energy costs of a building. Some LED lighting suppliers are bundling ESPC services along with their lighting products and energy-saving solutions, to diversify their revenue stream.

Current policies on energy efficiency might become redundant considering the construction sector's growth rate in India. The construction market is booming again and has been forecast to increase from USD 100 billion in 2010 to USD 154 billion by 2015, and USD 500 billion by 2025. Investments in green buildings are projected to increase to USD 30 billion by 2015.

Currently, seven mega cities are proposed to be built along the 1,500-km long Delhi-Mumbai Industrial Corridor (DMIC) with the help of Japanese government and Japanese corporations such as Matsushita, Hitachi, and Mitsubishi. A total of 24 mega cities have been planned - along the line of states like Uttar Pradesh, Haryana, Rajasthan, Madhya Pradesh, Gujarat, and Maharashtra - with the seven proposed cities to be completed by 2018-19 in the first phase. The whole DMIC project cost is estimated at USD 90 billion.

Prices of LED lighting systems have fallen by more than 30 percent in the past 2-3 years due to increasing adoption and manufacturing technology improvements. Mass commercialization and acceptance will lead to a further fall in prices, which will make these products more affordable for commercial segments as well as low and middle-income households in the residential segment. With 20 percent of electricity consumption in a building attributed to lighting systems, there is indeed a great potential for LED lighting to gain prominence in India. One of the major schemes that the Bureau of Energy Efficiency (BEE) is implementing during the 11th Five Year Plan (FYP) (2007-12) includes - Bachat Lamp Yojana, an ongoing program to promote energy-efficient and high-quality CFLs as replacement for incandescent bulbs. Going forward, in the 12th and 13th FYPs, the Government must make efforts to replace these CFLs with LEDs.

Energy Conservation Building Code (ECBC), which sets minimum energy performance standards for new commercial buildings, has stipulated energy use of 110 kWh/m2/year as against the national benchmark of 180 kWh/m2/year. BEE is also targeting to reduce energy consumption by municipal street lighting systems, which currently adopt energy-guzzling lamps.

The Indian market is highly driven by the principle of ‘value for money'. Offerings in future will be aimed at providing better quality and durable LEDs at low prices. The LED market in India was completely import-dependent in the past. However, few companies in India are now entering into joint ventures with foreign companies. Cheap imports from China, Taiwan, and Korea by distributors and dealers have been found to be of poor quality that has hurt the confidence of genuine users. Absence of regulations and standards form a conducive market environment for such unorganized sectors to thrive. Today, India being a growing market for LEDs, many overseas companies are setting up manufacturing plants to cater to the growing needs of commercial, municipal (street lighting), and residential customers.

Cities of the future will most certainly witness dramatic changes in urban planning. It is thus imperative to incorporate smart concepts and greater information technology (IT) usage to monitor usage, reduce leaks/slippages, and aid in efficient delivery mechanism through effective demand management. This means that going forward, lighting companies would have to work in sync with software companies, and energy service companies (ESCOs), building management solution providers, and public agencies/urban local bodies, to bring various "smart" concepts to fruition.

If you are interested in knowing more about the topic, please send an email to Ravinder Kaur/Priya George, Corporate Communications, at ravinder.kaur[.] / priyag[.], with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country.

About Frost & Sullivan
Frost & Sullivan (, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation

Media Contact:
Nimisha Iyer, Corporate Communications - South Asia, Middle East & North Africa
M: +91 98200 50519 / P: +91 22 6607 2004 - E: niyer[.]

Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Written by / Agency / Source: Frost & Sullivan


Availability: All Regions (Including Int'l)


Traffic Booster: [/] Quick NewswireToday Visibility Checker


Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

# # #
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!

Emerging LED Lighting Market in India to Push Urban Planning Towards Eco-Efficiency and Low-carbon Trajectory

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
Publisher Contact: Ravinder Kaur / Priya George 
+91 99401 41714 / +91 98403 55432 ravinder.kaur[.] / priyag[.]
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Read Latest Articles From Frost & Sullivan / Company Profile

Read Energy Most Recent Related Newswires:

ABB Partners with Vigor to Pave the Way for Washington State Ferries’ Shift Towards Zero-emission Fleet
Global Energy Storage to Rebound and Witness Strong Capacity Additions Despite Pandemic Finds Frost & Sullivan
Uniper Lauded by Frost & Sullivan for Optimally Extracting Actionable Insights from Available Data with its IIoT-based Platform, Enerlytics
ABB to Install Control Solution for the Automation of Lhyfe’s First Green Hydrogen Clean Energy Production Project
ABB and Metsä Fibre Sign Agreement to Supply Electrification and Drive Technology for New Finnish Bioproduct Mill
Pilot Project on Innovative Cavitation Monitoring in Hydropower Plants Launched in Iceland
ANDRITZ to Perform Complete Modernization and Digitalization of Sobradinho HPP in Brazil
European Research Institutes and Industry Partners Join Forces to Develop High-performance Solar Panels with Improved Environmental Profiles
ABB Wins 0 Million Framework Contract to Strengthen South America’s Power Grid
Global Focus on Renewable Energy Creates Tremendous Growth Prospects for Wind Turbine Materials Finds Frost & Sullivan
ABB Partners with China’s State Grid to Integrate Large-scale Renewables
Iskraemeco Lauded by Frost & Sullivan for Expanding Rapidly in the Global Market by Employing Solid Multi-tiered Growth Strategies
Large Wind-power Plant with Yokogawa Control System Comes Online in Japan
Technology-led Solutions Help Onshore Wind Turbine Manufacturers Tap Additional Revenue Opportunities Finds Frost & Sullivan
ABB Completes Acquisition of Chinese EV Charging Provider Chargedot

Boost Your Social Network
& Crowdfunding Campaigns

NewswireToday Celebrates 10 Years in Business


Visit Apex Watercraft

Visit  La Bella Bakery Artisan Bakery Arizona

  ©2020 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (