Shipments of LED-Based Street Lights will Surpass 17 Million by 2020
Shipments of LED-Based Street Lights will Surpass 17 Million by 2020, According to Pike Research
BOULDER, Colo.–(BUSINESS WIRE)– The market for street lighting is in a period of dramatic transformation. New lamp options have recently become available for street lights, most notably light-emitting diodes (LEDs), and the advent of networked systems for central monitoring and control is enabling a range of intelligent management and energy savings options. According to a new report from Pike Research, a part of Navigant’s Energy Practice, unit shipments of LED lamps for street lights will rise from fewer than 3 million in 2012 to more than 17 million in 2020.