Global LED outdoor lighting will usher in the replacement tide

According to a research report on intelligent street lamps by Navigant, it is predicted that around 203.8 global LEDs will be LEDs in 2023. Today, this data just exceeds 53. From 2014 to 2017, global LED outdoor lighting will usher in a replacement tide. The global popularity of LED streetlights is due to the global push for energy efficiency, falling prices and technological upgrades of LED street lights. However, as the price of LEDs continues to erode and the replacement rate of LED products declines, the overall revenue of street lighting will begin to decline over time. According to Navigant's forecast, global street lamp revenue will fall from $2.5 billion in 2014 to $2.3 billion in 2023. 2014~2017 will be the global era of LED outdoor lighting replacement. Since 2014, the global LED outdoor lighting dressing tide has accelerated. More than 600 cities in the United States are planning LED street light reloading plans. New York will replace 250,000 street lamps in the city in 2017, and then replace the decorative lighting fixtures in the urban commercial district with LED lamps, which will be the largest in North America. LED street light reloading plan. In addition, there are varying degrees of dressing movements in Europe, China, and Japan. It is expected that the annual growth rate of LED outdoor lighting will exceed 20 in 2014-2017. Other emerging market countries such as Thailand, Russia, Latin America and Africa will also be In 2014, we ushered in a large-scale street light dressing tide. Until 2015, the penetration rate of LED street lamps gradually became flat, and the growth rate began to decline. The annual scale of LED street lamp replacement and new LED street lamps will remain at around 10 million baht per year.

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