Impressive Global Transition to LED Streetlighting

 

 

Navigant Research’s report, ‘Smart Street Lighting: LEDs,  Communications Equipment, and Network Management Software for Roadway and  Highway Lighting: Global Market Analysis and Forecasts’, shows great projected global growth for the LED streetlight market.  Currently, approximately 53% of all global streetlights are LED.  According to the new report, that number will rise to 93.8% in less than ten years, a marked growth in a short period of time.

 

Falling LED prices are the main reason for the rise in installation.  Benefits of LED lighting include: whiter, brighter light offering, providing better visibility for drivers and pedestrians, greater energy efficiency, and lower maintenance costs as the bulbs last a good deal longer than older technologies.  Additionally, more and more options are becoming available for LED technology, making it easier to customize the lights to fit the needs of the customer.  With the increase in popularity of LED lighting, many lighting companies are completely discontinuing non-LED technology altogether.

 

Even with the massive expansion of the LED industry, it is forecasted that actual global revenue stemming from street lighting is going down due to the recent price decline of LEDs as well as the lowered maintenance costs because of fewer bulb replacements.

 

Learn more about LED and other efficient lighting options by browsing our Lighting and Controls page, and find out how your facility can begin to benefit from enhanced lighting options.

 

 

Source: Semi-Conductor Today

This entry was posted in Blog on by .

About Gaylen Davenport

Worldwide provides clients complete turnkey energy efficiency evaluation and solutions. Our focus is in energy saving measures that offer the most savings and financial incentives, creating a rapid return on investment. What sets Worldwide apart is our ability to design, install and certify our installations to qualify for the Federal tax incentives for energy efficiency, then provide the documentation necessary to secure the tax incentives. Worldwide has recently entered the renewable energy field at the request of several of our clients.