LED street light penetration is less than 1% chance of market segments?

Northeast Group (Northeast Group) is the United States, a market research firm focus on smart energy, the company recently released U.S. LED street light public satisfaction surveys, SSL street lights have been installed in the United States city in a 95% satisfactiondegrees. Achieve an average 60% ​​reduction in overall energy consumption and maintenance costs.

According to statistics, the penetration rate is still less than 1% in the United States, LED street lights. The Northeast Group expects, in the United States, the 2025 LED and intelligent street lighting market will reach over $ 4.7 billion in Obviously, there are still a lot of opportunities in the market segments.

The study reported that law enforcement and public safety officials were particularly pleased LED street lights for better visibility. Looking to the future, the Northeast is expected to LED street lamp as technology advances will provide additional energy savings. Specifically, adaptive control and dimming can reduce energy consumption by 20-30%.

LED Road promotion adverse obstacle is the initial capital, the study reported that 45 percent of the survey cities are basically obtained from the American Recovery and Reinvestment Act (American Recovery And Reinvestment Act, ARRA) funds to pay for the entire street lighting works. In addition, 36% of the urban road lighting project using ARRA funds or other forms of financial assistance to provide part of the funds. In most cases, ARRA funds are gone, in addition to several ongoing projects. Fortunately, the SSL prices are falling, making the LED-based lighting more affordable, the payback period is shorter.