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Smart Bulb
Smart Bulb
Smart Light
PESTEL Analysis of Smart Light.
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1. Political Factors:
Governments are adopting smart lighting projects to save energy and money.
As per a report by the US Energy Information Administration, around 39%
of total energy cost is incurred through lighting. It has been observed that
smart LED lighting has the ability to reduce energy costs in office buildings
and industrial installations by 90%.
Factors such as high demand for cost-effective and energy-saving LED
lighting, government campaign towards LED adoption, and the need for
replacing traditional lighting are expected to fuel the growth of the industrial
and commercial LED lighting market. However, voltage sensitivity and
temperature dependence are expected to hinder the market growth. On the
contrary, surge in need for smart lighting is expected to offer lucrative
opportunities for industrial and commercial LED lighting market expansion
Other factors that are propelling the growth of the global Bluetooth LED
bulb market include declining prices of LED lights and supportive
government initiatives.
In India, the government supported the plan of deploying cost-effective
LED’s across the end-users has received a warm response. According to the
government, LED adoption was driving an annual energy savings of over
3,340 crore kWh and resulting in avoidance of over 6,725 MW of peak
demand. Also, the growing smart homes market in India is expected to
increase the demand for Bluetooth LED lights.
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2. Economic Factors:
Because smart lights are LEDs, they are highly efficient and use much less
energy than incandescent lights. So, if you compare smart lights to
incandescent, then yes. They do save considerable energy and — thus —
money!
However, when you compare smart lights to regular LEDs, the cost
outweighs the money savings you get from switching to LEDs. Smart lights
cost considerably more than regular LED lights. Plus, they’re a vampire
appliance, meaning they suck energy when the lights are off.
If you have only a few smart lights, you most likely won’t even notice it on
your bill. However, if you’ve installed several smart lights because you
enjoy on-demand mood lighting or many of your appliances are on standby
mode throughout your home, their combined energy usage can prevent you
from saving money — which no one ever wants to hear.
With rapid urbanization and rapid economic growth, the lighting industry is
expected to grow exponentially over the next two decades, resulting in more
high demand for LED-based lighting. Thus, the need for more LED-based
lighting for effective energy saving and cost saving is expected to drive the
Industrial and commercial LED lighting market growth in the coming years.
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LED lights use 40–80% less electricity and have at least 5 times the life
expectancy than regular High Pressure Sodium (HPS) fixtures. LED lamps are 7
times more energy efficient than incandescent and twice as efficient as
fluorescent lamps.
LED lights with a lower lumen output can replace conventional lamps with a
higher output. For example, a 30 W LED street light can often replace an 80 W
High Pressure Sodium lamp. The reason for this is directionality. LED street
lamps are very directional and the light output is much more than other street
lamps. Also there is little or no hot spot under the LED lamp. The light emitted
from the LED lamp is directed downwards, spread throughout the entire area it
covers. This means that a lower amount of light is needed to properly illuminate
the area. This also dramatically reduces glare and light pollution which affects
the mood of human beings, navigation in birds and insects, mating behavior in
animals and flowering in plants.
Long life: up to 100.000 hours
LED lights last much longer than conventional lamps (4 to 8 times longer). This
result in less expense in replacing the lights themselves but also the labor to
replace the lamp is needed less often. This provides a great cost savings by
itself.
Also the loss of brightness or lumen depreciation is slower over the life of an
LED lamp than that of sodium or other lamp. So not only does the LED have a
longer life span than the conventional lamp, but it stays brighter longer than
other lamps. The long life span reduces maintenance expenses and makes these
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lights particularly suitable for difficult to reach locations and for streetlights
where maintenance costs can be significant.
Lifetime and Lumen maintenance compression between LED and HID lights is
illustrated in Figure 1. The comparison shows that relamping of HID fixture is
required to be done 5 times to achieved one base life time of LED, considering
the relamping is required when the Lumen reduces to 70% of
initial lamp Lumen.
Easily controllable
The light is easily controllable with intelligent systems. The light can be turned
on and off instantly and can be dimmed for added energy savings at dawn, dusk,
and also during hours of low traffic. Switching on–off and dimming does not
affect the life-time of the luminaire as in the case of fluorescent lights.
The carbon footprint of LED street lights is smaller than other lights due to
lower energy usage. Moreover, LEDs last 4 to 8 times longer than any other
lights, further reducing the carbon footprint of manufacture over the life time.
From another angle, wide range application of LED in a country my give better
chance to sale there international quota in CO2 emission to other countries.
Dark-sky friendly
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It is worth to mention here that for example LED street lamps with colour
temperature 3.500–4.200 K are rendering more natural light than the yellow of
sodium lamps or green of fluorescent streetlights. Also no UV or IR radiation is
emitted from the LED street lamps. Colour rendering index (CRI) is high (80–
90) and displays natural colours of illuminated objects. This reflect actual
colour of the objects.
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3. Social Factors:
Home upgrades: Due to innovation of smart lights, people now prefer to
upgrade their homes by installing such lights to make it more convenient to
use.
Add More with Interior Design: One can go the extra level by using the
smart lights to decorate the home. We can change the décor and appearance
of our rooms at the drop of a hat with smart lighting. For family gatherings,
parties, and hangouts with the friends, smart lighting makes setting the mood
even easier.
Social status: By installing such lights, social status of people as well as
their use in high-end hotels improves the overall status of a country.
Easy to use: Instead of physically operating the switches of lights, smart
lights can be operated from the mobile app from anywhere at anytime.
Wallet friendly: Smart lights have a simple install and the price is easier on
the wallet than other smart home upgrades. These lights can be six times
more energy efficient than incandescent lighting.
Personalized Scenes for Every Occasion: Gives even more control of our
rooms with smart lighting “scenes.” These scenes can change the colors
subtly but still have an impact. If one is big into reading, changing the
shading of the light could ease eye strain.
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4. Technological Factors:
LED Lighting: LED lighting is the most common type of lighting used in
Bluetooth Smart Lights. LED lighting is energy efficient and has a long
lifespan, reducing the need for frequent bulb replacements.
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Durability: The lights are designed to last for up to 25,000 hours, making
them more durable than traditional lights. This makes them a cost-effective
lighting solution for your home.
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5.
Environmental Factors:
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While CFLs are pretty efficient in how they use energy, the LEDs in smart
lights can actually boast an 80% improvement over incandescent energy
consumption. This is partially due to the fact that LEDs have a solid-state
structure, meaning there aren’t really any moving parts to it. A current is simply
sent through a semi-conductor which forces electrons to jump from one place to
another, a process which results in the creation of light.
These energy savings will not only help reduce your monthly electric bill,
they’ll also contribute to cutting back on global energy production, making our
footprint on this Earth just a little bit smaller. In 2012 alone, for example, U.S.
consumers saved over $675 million by switching to LEDs and switching over
completely to LEDs by 2032 could save our country over $250 billion in energy
costs alone!
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LEDs on the other hand don’t contain any mercury. And although it’s still
important to be mindful of a broken smart bulb, you won’t have to worry about
breathing in any mercury while you clean up.
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6. Legal Factors:
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Reference:
https://straitsresearch.com/report/smart-lighting-market#:~:text=Based
%20on%20application%20type%2C%20the,market%20during%20the
%20forecast%20period.
https://www.smlease.com/entries/automation/what-is-smart-lighting-
technology/
https://www.fluxsmartlighting.com/blogs/news/how-smart-lighting-saves-
the-environment
https://www.azocleantech.com/article.aspx?ArticleID=1616
https://www.exclara.com/?page_id=7668
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