That's traded off against the increase efficiency of LED lighting, at least compared to incandescent lighting. An LED "equivalent replacement" for a typical incandescent globe is down around 1/10th of the power. A 7Watt LED bulb is typically marketed as "60W equivalent". If that configured as a bunch of LEDs in series (or series/parallel) that need 12VDC, it's right about the same current draw as the 120V 60W incandescent equivalent. (Or perhaps double the current for those of us who get 220VAC out of our walls.)

(Am I just showing my age here? How many of you have ever bought incandescent globes for house lighting? I vaguely recall it may be illegal to sell them here in .au these days. I really like quartz halogen globes, and use them in 4 or 5 desk lamps I have, but these days I need to get globes for em out of China instead of being able to pick them up from the supermarket like I could 10 or 20 years ago.)