News Article
Future of LEDs in Lighting in India to be discussed
Frost & Sullivan to host event on 16th June 2010, at Hyatt Regency Hotel, New Delhi, India
Light Emitting Diode (LED) Lighting is a key emerging segment in the Indian lighting market, driven partly by the move towards energy efficient lighting solutions. LEDs are poised to replace conventional lamps in many key applications like street lighting, indoor and outdoor lighting, apart from other niche industrial applications. LEDs have also found increasing adoption among automobile manufacturers in the country due to their small form factor and high lumen/watt ratio.
However, LED lighting has its share of challenges. LED lighting installations require more complicated designs, spanning the optical, thermal, and electronics domains. LED lamps continue to be quite expensive compared to conventional lamps, thus hindering penetration in the price sensitive Indian market.
Furthermore, the advent of cheaper LED lamps from countries such as China and Taiwan, which account for a key portion of the unorganized market in the country, has also hindered the penetration of multinational brands in the Indian market. Frost & Sullivan is confident that LED lighting is expected to grow significantly in the future, cannibalizing on traditional lighting technologies but its penetration largely depends on how affordable LED lighting products become for Indian consumers in the future.
Keeping in perspective the challenges faced by the LED lighting suppliers and end users, Frost & Sullivan’s Automation and Electronics Practice is organizing an exclusive executive congress titled ‘LED Lighting – Towards a Bright Future’ on 16th June 2010, at Hyatt Regency, New Delhi, India.
This event will bring together LED and other conventional suppliers and leading end users of LED lighting from key industry sectors such as Government (State and Central), NGOs, Industrial and Automotive, as well as value chain partners such as Building Contractors, Consultants, and Architects in India, for a specific and definite purpose of brainstorming on the future and strategies for LED lighting penetration in these key industry sectors.
The event will provide insights and specific tools for actionable strategies for the challenges faced by the LED lighting suppliers, value chain partners as well as end users across industries. LED lighting suppliers and end-user industries will be presenting their views on the current status and path ahead for LED lighting and adoption in their respective industries. They will also ideate and evaluate the requirements from the different segment of end users, and evolve a roadmap for the technological and commercial developments in LED lighting deployment across the country to arrive at the best suitable future strategies for growth of the LED lighting industry.
