According to a study by Navigant intelligent lights, street lamps forecast to 2023 approximately 93.8% of the global LED, and now, just over 53% of this data.
Thanks for saving the world, driven by falling prices and technical upgrading of LED lights, however, due to the continued price erosion LED, long life LED products will result in fewer alternatives, and overall income from the beginning of the street lighting decline. Navigant forecast global streetlights revenue in 2014 will be reduced to $ 2.5 billion in 2023 for $ 2.3 billion.
