The Northeast Group is a US-based market research firm focused on smart energy. Recently, the company released a survey on the satisfaction of LED street lamps in the United States, showing that 95% of the cities in the US have installed SSL street lights. degree. On average, the overall energy and maintenance costs are reduced by 60%.
According to statistics, in the United States, the penetration rate of LED street lamps is still less than 1%. The Northeast Group expects that in the United States, the LED and smart street lighting market will reach a total of $4.7 billion by 2025. Obviously, there are still plenty of opportunities in the market segment.
The study notes that law enforcement and public safety officials are particularly pleased with the better visibility of LED street lights. Looking ahead, the Northeast Group expects LED street lights to provide additional energy savings as technology advances. In particular, adaptive control and dimming can additionally reduce energy consumption by 20% to 30%.
However, the unfavorable obstacle to the promotion of LED roads is the initial funds. According to the research report, 45% of the cities in the survey basically receive funds from the American Recovery and Reinvestment Act (ARRA) to pay for the entire street lighting project. . In addition, 36% of urban road lighting projects use ARRA funds or other forms of funding to provide partial funding. In most cases, ARRA funds are gone forever, with the exception of several projects currently underway. Fortunately, the price of SSL is declining, making LED-based lighting more affordable and with a shorter payback period.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
According to statistics, in the United States, the penetration rate of LED street lamps is still less than 1%. The Northeast Group expects that in the United States, the LED and smart street lighting market will reach a total of $4.7 billion by 2025. Obviously, there are still plenty of opportunities in the market segment.
The study notes that law enforcement and public safety officials are particularly pleased with the better visibility of LED street lights. Looking ahead, the Northeast Group expects LED street lights to provide additional energy savings as technology advances. In particular, adaptive control and dimming can additionally reduce energy consumption by 20% to 30%.
However, the unfavorable obstacle to the promotion of LED roads is the initial funds. According to the research report, 45% of the cities in the survey basically receive funds from the American Recovery and Reinvestment Act (ARRA) to pay for the entire street lighting project. . In addition, 36% of urban road lighting projects use ARRA funds or other forms of funding to provide partial funding. In most cases, ARRA funds are gone forever, with the exception of several projects currently underway. Fortunately, the price of SSL is declining, making LED-based lighting more affordable and with a shorter payback period.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
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