Global LED street lamp market will reach $1 billion 40 million

LED according to the manufacturer's Everlight chairman RobertYeh said, at present 8 meters LED street is better than high voltage sodium lamp price is three times higher than the price of NT $6000 (US $186), when the two power consumption and maintenance cost into account, the overall cost of high pressure sodium solution the equivalent of the LED lamps cost.

Taiwan Optical Industry Technology Development Association expects global LED street market scale will reach $1 billion 40 million this year, China market accounted for about $560 million. The number of new LED street lights in China will reach 500 thousand this year, the U.S. and European markets will follow in the next three years.

Source: China Lighting Trade Network