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Identification of key factors affecting growth of led lighting solutions : a case study based on Colombo district of Sri Lanka

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dc.contributor.advisor Dassanayaka, S.W.S.B. Kondasinghe, B.S.B 2019-01-15T00:05:18Z 2019-01-15T00:05:18Z
dc.description.abstract The main purpose of this study is to identify the key factors affecting growth of Light Emitting Diodes (LED) lighting solutions in Sri Lanka and recommend appropriate policies to develop them in a sustainable manner to improve the market acceptance for these products. This research was earned out a situational analysis of the Sri Lankan market through literature and an in-depth questionnaire survey mainly in Colombo district. The questionnaire survey was carried-out to identify key factors which effect the growth of LED business with further analysis of the qualitative aspects. This was cross checked through the structured interviews with industry experts, consumers, technical and financial decision makers, financial institutes and government regulators. The situational analysis of clusters shows that in overall there is high electricity cost in Sri Lanka. Therefore, both government and private sectors are searching low cost, low power consumption lighting solution to reduce their daily power costs and consumption. Even though there are alternative products available in the market to reduce the cost, literature shows that there is high environmental impact with those solutions. Survey responses show that there are main five key factors that are critical for the development of LED business clusters with reaming sub factors. This study only covers private and government institutes in Colombo district cluster but there are more clusters available in Sri Lanka therefore generalization of this specific sector results for other clusters may have some limitations. Compare with the benefits of LED with incandescent bulb and CFL bulbs they seem like more advantages over the traditional lighting systems. The low power consumption is the key benefit of LED solution. The efficacy of this bulb is 88% compare to traditional bulbs. But SMEs and large corporates will try to recover their investment from short period of time such as two years. Due to these issues popularizing High Bright LED lighting solution has become such a challenge in Sri Lanka. This is the first time this type of scientific study carryout in Sri Lanka to identify the key success factors affecting the increase the market acceptance of the LED business and its products. Even though there are multiple benefits of LEDs, customer acceptance for LED bulbs was identified as lagging compare to other new energy technologies. The methodology employed and the policies derived can be used as guides to similar types of green concept biased research in other countries as well. en_US
dc.language.iso en en_US
dc.subject Light Emitting Diodes en_US
dc.subject LED en_US
dc.subject Environmental Impact en_US
dc.subject Key success factors en_US
dc.subject Market Acceptance en_US
dc.subject Sri Lanka en_US
dc.title Identification of key factors affecting growth of led lighting solutions : a case study based on Colombo district of Sri Lanka en_US
dc.type Thesis-Abstract en_US
dc.identifier.faculty Engineering en_US Master of Business Administration in Management of Technology en_US
dc.identifier.department Department of Management of Technology en_US 2011-11
dc.identifier.accno 104438 en_US

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