LED Lighting to Brighten Up Streets in Brazil

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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Laser Cutting Machine Market is Expected to Reach USD 6.72 Billion by 2024

The global laser cutting machines market is expected to reach USD 6.72 billion by 2024. Increasing use of fiber, CO2 and Yttrium Aluminum Garnet (YAG) lasers in the cutting applications such as consumer electronics and industrial sectors is expected to augment the demand for the laser cutting machines market.

Consumer electronics is anticipated to be the fastest-growing sector owing to the rising implementation of lasers in material processing applications such as cutting, welding, and engraving. Moreover, the need for high power input and efficiency-based cutters are driving the demand for laser cutting machines over the forecast period.

Developments of novel process lasers to optimize the production of customized three-dimensional glass components and a shift from conventional semiconductor lasers to quantum cascade lasers are expected to increase the demand for these machines.

Continuous technological advancements in the laser technology are enabling manufacturers to invest in research and development to gain a competitive advantage. Moreover, the end-use industry is replacing the conventional cutting technology with laser cutting owing to the demand for high-speed cutting and drilling.

Further Key Findings from the Study Suggest:

• Gas lasers are estimated to grow at a CAGR of over 9.4% from 2016 to 2024. These lasers have an increasing demand for improved machine tools and equipment in making holograms, dye laser pumping, barcode reading, and laser printing.

• The fusion cutting process is estimated to be the fastest-growing segment at a CAGR of over 9.4% from 2016 to 2024. Fusion cutting offers the benefit of producing a virtually oxide-free cutting edge suitable for thin sheets cutting.

• The industrial sector is expected to dominate the market over the forecast period. The growing trend of automation in the manufacturing process is increasing the demand for laser cutting machines. These machines precisely cut parts and patterns at high speeds with consistent results.

• The Asia Pacific laser cutting machines industry is expected to remain the largest market owing to the rising GDP and rapid expansion of the regional manufacturing sector. Moreover, the regional growth is strong in industries that use laser cutting to produce semiconductors, consumer electronics, and automotive components. As these sectors are expanding, the need for laser cutting machines in this region is also increasing.
  

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• Key players in the laser cutting machines market include Trumpf Laser GmbH + Co. KG, IPG Photonics Corporation, Coherent Inc., and Rofin-Sinar Technologies Inc. The market is highly competitive owing to the presence of numerous manufacturers' incorporating innovative technologies to offer product differentiation.