INDUSTRY STORY
An overview of the Smart Lighting Industry Owing to the Indian government’s initiatives like ‘Smart City Mission’, ‘Digital India’ programs, growing awareness, global exposure and availability of smart devices at pocket-friendly prices are constantly fuelling the Smart Lighting Industry
Primarily to conserve energy, Smart Lights are briskly replacing conventional lights like incandescent bulbs, CFLs, halogens etc with energy-efficient LED lights and sensors. India is one of the highly populated countries in the world and hence one of the largest electricity consumers. In the last few decades, the country has been observing an increasing gap in the demand-supply chain of electricity. As a result, regular power cuts/ shortages and blackouts are often witnessed all over the country. Eyeing the current lighting sector, which is approximately 18% of the entire nation’s electricity consumption, the government has taken purposeful initiatives to introduce more energyefficient products to the lighting industry. This has considerably aided the lighting industry and is expected to fuel it in the near future. Smart lights not only reduce energy consumption but also offer convenience and a feel of opulence.
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I SMARTHOME WORLD I JULY 2021
