However when I played a HD video using VLC player, it seemed that HW acceleration in VLC didn't work.
I executed vainfo command to check the vaapi status and got some error messages.
[root@student ~]# vainfo
error: XDG_RUNTIME_DIR not set in the environment.
libva info: VA-API version 0.36.0
libva info: va_getDriverName() returns 0
libva info: Trying to open /usr/lib64/dri/i965_drv_video.so
libva info: va_openDriver() returns -1
vaInitialize failed with error code -1 (unknown libva error),exit
After searching google for a solution, I found that installing "libva-intel-driver" package fixes the issue.
[root@student ~]# vainfo
error: XDG_RUNTIME_DIR not set in the environment.
libva info: VA-API version 0.36.0
libva info: va_getDriverName() returns 0
libva info: Trying to open /usr/lib64/dri/i965_drv_video.so
libva info: Found init function __vaDriverInit_0_36
libva info: va_openDriver() returns 0
vainfo: VA-API version: 0.36 (libva 1.4.1)
vainfo: Driver version: Intel i965 driver
for Intel(R) Haswell Desktop - 1.4.1
vainfo: Supported profile and entrypoints
VAProfileMPEG2Simple : VAEntrypointVLD
VAProfileMPEG2Simple : VAEntrypointEncSlice
VAProfileMPEG2Main : VAEntrypointVLD
VAProfileMPEG2Main : VAEntrypointEncSlice
VAProfileH264ConstrainedBaseline: VAEntrypointVLD
VAProfileH264ConstrainedBaseline: VAEntrypointEncSlice
VAProfileH264Main : VAEntrypointVLD
VAProfileH264Main : VAEntrypointEncSlice
VAProfileH264High : VAEntrypointVLD
VAProfileH264High : VAEntrypointEncSlice
VAProfileH264MultiviewHigh : VAEntrypointVLD
VAProfileH264MultiviewHigh : VAEntrypointEncSlice
VAProfileH264StereoHigh : VAEntrypointVLD
VAProfileH264StereoHigh : VAEntrypointEncSlice
VAProfileVC1Simple : VAEntrypointVLD
VAProfileVC1Main : VAEntrypointVLD
VAProfileVC1Advanced : VAEntrypointVLD
VAProfileNone : VAEntrypointVideoProc
VAProfileJPEGBaseline : VAEntrypointVLD
VAProfileH264MultiviewHigh : VAEntrypointVLD
VAProfileH264MultiviewHigh : VAEntrypointEncSlice
VAProfileH264StereoHigh : VAEntrypointVLD
VAProfileH264StereoHigh : VAEntrypointEncSlice
Now VLC player uses HW acceleration and the CPU utilization is well under 10% when a HD video is played.
I tried selecting "VA-API video decoder via X11" and "VA-API video decoder via DRM" options available under "Hardware-accelerated decoding" in "Input & Codecs Settings" of VLC. It seemed the CPU utilization is almost same for both the methods.