The key strength of LED lighting is reduced power consumption. LED’s are available with at the most Lumen efficiency of 110 Lum/Watt compared to 65-80 Lum/Watt of CFL and FTL, 45 Lum/Watt of Mercury vapour and 75 Lum/Watt of metal halide or 94 Lum/Watt of Sodium Vapour.
The operational life of current white LED lamps is 50,000-80,000 burning hours as compared to 5000-10000 hrs of CFL and FLT, 18000 hrs of T5 lamp, 5000 hrs of Mercury vapour, 8000 hrs of Metal halide and 8000 hrs HPSV lamp. While LEDs have the advantage over fluorescent lamps that they do not contain mercury, they may contain other hazardous metals such as lead and arsenic.
Lighting in India consumes 18% of overall power whereas in developed countries it is between 10 and 12%. Of the 18%, GLS consumes 65% of lighting. With the use of CFL lamps, upto 80% power used by GSL lamps can be saved.
The market size of organized GLS lamps, in India is about 650 mn units, while that for energy efficient CFLs is 52 mn units, thus making penetration of CFL over 9% of GLS. The market size of Indian LED industry may touch Rs 21,600 crore by 2020 on the back of government's decision to switch to LED for all street lamps and public space lighting, an industry official said. As a whole there is a good scope for new entrepreneur to invest in this business.
Few Indian Major Players are as under:
• Aver Software Technologies Ltd.
• Bajaj Electricals Ltd.
• Fiem Industries Ltd.
• Goldwyn Ltd.
• Havells India Ltd.
• I Q Infotech Ltd.
• M I C Electronics Ltd.
• Philips India Ltd.
• Sanco Industries Ltd.