LED
lighting is considered to be an optimum solution to the energy crisis faced by
Brazil due to droughts as well as over consumption of power in cities.
Brazil is among
the top ten consumers of electricity globally, with hydro-power being its main
source for power. Rise in energy prices as well as over consumption of
power convinced Brazil to make the switch to more energy-efficient solutions
like LED lights. Public lighting accounted for nearly 4% of the country’s
energy consumption. This number is likely to reduce due to minimal maintenance
and longer lifespan compared to other light sources. Large-scale
street-lighting projects undertaken by the
Lighting Group and its partners is expected to save more than 50% in energy
expenses.
Impact of LEDs in Cities
A
common proposal agreed upon by major cities in Brazil has pushed the onus of
energy efficiency on local government heads in municipalities and towns. Commitment
toward LED adoption can increase the country’s energy efficiency by 10% by
2030. Cities are engaging in public-private partnerships to accelerate modernization
of infrastructure.
The
city of Bauru has enlisted the aid of GE Lighting’s GTx LED traffic signals to
reduce accident rates. The lights are expected to save nearly USD 2 million in
energy expenses till 2023. They offer better visibility and reduce sun-phantom
effect that sends a wrong signal to drivers. Rise of smart cities have led to
favelas in Brazil adopting LEDs in their football pitches. The LEDs are powered
by the kinetic tiles that are charged by players’ constant movement on the
pitch.
Market Outlook
The
Brazil LED lighting market is estimated to expand at a CAGR above 14% during
the forecast period (2017–2021), according to a report on Radiant Insights,
Inc. Need to curb energy expenses and rising carbon emissions are key factors
driving market demand. Demand for LED lights is expected to exhibit an uptick
due to ban on incandescent light bulbs in Brazil. Technologies such as smart
street lighting, smart grids, and smart parking are also expected to drive
market volume growth.
The
general LED lighting segment is expected to be the biggest market application
due to rise in infrastructural projects. The need for Brazil to be recognized
as a smart city can also attribute to rising sales in this segment. Notable
market players include Osram Opto Semiconductors, Nichia Corporation, Philips
Lighting, and GE Lighting.
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