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65% Penetration Rate of LED Street Lights Globally Will be Seen by 2018

Source:     Author: Lango    Click:

The market sees increasingly policy support on LED street lights from governments, the retrofit to LED street lights is fast growing. In 2017,

the LED street lights revenue is estimated to reach 3.29billion dollars, and Europe, North America are still the biggest regional markets. In

the view of goods delivered quantity, the increase rate could achieve up to 20% during year 2016 to 2018.

With the increasing of LED street lights penetration, and the growth of smart cities, the smart street lights will be demanded in increasing

trend. Though smart street lights are still in early stage of development, each government has started demonstrating model cases. The initial

installation cost is high, the fastest growth regions will still be developed Europe and America.

Lango Lighting will introduce more LED street lights in 2017, focusing on more about the designs, and the multi functions.