SOURCE: Frost & Sullivan

April 28, 2011 03:31 ET

Improved Market Prospects Seen for Integrated Lighting Management Systems (ILMS) in Street Lighting Segment Under the Aegis of National Mission for Enhanced Energy Efficiency (NMEEE) in India

India Can Save INR 164.31 Billion ($3.54 Billion) in Running Cost, Through Energy-Efficient Lighting Each Year Says Frost & Sullivan

MUMBAI, INDIA--(Marketwire - Apr 28, 2011) - Lighting is the most effective tool to promote a city as a tourist destination and also provides safety and security to habitants. The crux of India's growth story lies in sustainable infrastructure development and energy efficient street lighting needs to be integrated well with the city master plan.

Street lighting management has hardly witnessed any improvement in the last century. Conventional control techniques can scarcely do more than transmitting on/off signals within the operational areas, and monitoring seldom exists. As a result, reporting faults depends on the conscience of the citizen, while authorities (state electricity board) have their hands-off for cost savings and energy efficiency improvements. Integrated Lighting Management System (ILMS) provides the authorities (state electricity board) with the ability to have complete control over street lighting and also ensure energy efficiency, security and remote lighting control.

Frost & Sullivan's estimates for the Indian market for lighting system which includes lamps, luminaires, gears, and control and automation was INR 77.8 billion ($1728 million), for the Y2010. The market is expected to grow at 12 to 15 percent per annum, over the next five years.

According to Frost & Sullivan Analyst, "The present scenario of poor street lighting management and growing emphasis for energy efficiency will augment the market for integrated lighting management system for street lighting in India. For street lighting, the potential savings can be enormous; India can save INR 164.31 billion ($3.54 billion) in running cost, through energy-efficient ILMS lighting each year, equivalent to the price of 105 million barrels of oil annually."

Lighting companies could derive growth through newer strategies by bundling offerings such as energy saving performance contracting (ESPC) and LED based lighting with ILMS for street-lighting segment. But there is a challenge to overcome, that is, conflicting interest of various entities involved in an energy efficiency project executed through performance contracting. Leveraging on the energy saving potential of ESPC, ILMS and LED based lighting, India can accelerate the National Mission for Enhanced Energy Efficiency (NMEEE) and spur an energy efficiency business.

Analysis of the Lighting Controls and Systems Market in India is part of the Environment & Building Technologies Growth Partnership Services program, which also includes research in the following markets: Indian Fire and Gas Detection Systems, Indian Fire Suppression System market, Strategic Analysis of the Mechanical, Electrical and Plumbing Services Market in Middle East, Analysis of Performance Contracting in Middle East (GCC). All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

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