The replacement rate of LED street light more than 9% after 10 years

　　According to study by Navigant intelligent lights, street lamps predicted in 2023 about 93.8% of the global LED, today, this data is just over 53%. The 2014 ~ 2017 global LED outdoor lighting will usher replace tide.

　　Global popularity of LED lights that benefit from the global push for energy prices fell and the LED streetlight technology upgrades. However, LED prices continue to erode, and the change of the rate of decline in LED product replacement, street lighting will lead to overall revenue began to decline after a period of time. Navigant forecast global revenue in 2023 will be reduced to street lights in 2014 $ 2.5 billion $ 2.3 billion. 2014 ~ 2017 global LED outdoor lighting will be replaced boomers.

　　Since entering in 2014, the global LED outdoor lighting facelift tide acceleration. There are more than 600 American cities are planning to LED lights facelift plan, which the city of New York will replace 250,000 streetlights in 2017, after the city's business district will be replaced with LED decorative lighting fixtures, which will be the largest in North America LED lights facelift plan. Plus Europe, China, Japan has varying degrees of dress action, expected 2014 ~ 2017 LED outdoor lighting compound annual growth rate of over 20%.

　　Other new market countries, such as Thailand, Russia, Latin America and Africa will usher in massive street dress tide in 2014. Until 2015, LED street light penetration steadily improve, the growth rate began to decline, the global annual scale facelift LED lights and new LED lights will remain at around 10 million / year.