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.
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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