Electrical product, system and services provider CG of Mumbai, India has entered into a technology licensing agreement with LED chip and lighting array maker Bridgelux Inc of Livermore, CA, USA for its LED light engine, optics and luminaire expertise. The deal will enable CG to deliver solid-state lighting (SSL) products to business, government and mass-market consumers.
CG has licensed proprietary technology developed by Bridgelux for LED streetlights, luminaires, LED arrays, drivers, optics, and other components. Bridgelux will provide technology and support on design, and application engineering for commercial and industrial lighting products such as streetlights, down-lights, high bays and medium bays, and well glass.
The agreement will drive synergistic benefits for both firms, it is reckoned. CG will become a completely vertically integrated company, delivering a broad range of lighting solutions – from the semiconductor through to LED luminaires. The technology transfer should strengthen CG’s product portfolio and enable it to penetrate lighting markets in India and elsewhere. CG says it will continue to ramp up and align its capacity to meet the growing demand for SSL products.
The Indian LED market is projected to grow to Rs1400 crore ($257.4m) by 2016. CG currently commands a 30% share of India’s street-lighting market, which is rapidly adopting LED technology. Bridgelux should also enable CG’s entry into the retail indoor lighting product segment, while CG’s brand image and reach will help Bridgelux to gain access to the fast-growing Indian market.
According to the International Energy Agency, demand for electric lighting will increase by 80% in 2030. With electric lighting illuminating new cities and replacing diesel generators in rural areas, demand for lighting products is set to accelerate in emerging nations like India, Brazil and China.
“Not only will the company’s LED streetlights and other fixtures save its customers tremendous amounts of energy, but LEDs also provide a way to economically integrate networking and communications into homes and buildings,” says Bridgelux’s CEO Brad Bullington.
“As India’s leading supplier of street-lights, the technology agreement with Bridgelux further strengthens CG’s position, while simultaneously bringing down overall costs and promoting energy savings,” comments CG’s CEO & managing director Laurent Demortier.
