Prospect of LED street lamp
On the 40th anniversary of UNEP and the year of international renewable energy sources, in the report of the climate group and Philip mentioned the following points on the rise of LED street lighting and the significance towards cities when speaking of its current situation and prospects.
1. Investigations from Calcutta, London, Sydney and Toronto show that citizens prefer LED lighting better. 68-90% interviewees support the promotion of this technology in the whole city. The growing safety and visuality brought by LED concern most.
2. Experience indicates the life cycle of LED lighting varies from 500 thousand to 1000 thousand hours, showing LED lighting investment a high return investment.
3. High durability and low maintenance of LED lighting technology. The defective rate of LED product used over 6000 thousand hours is only 1% while the traditional lighting product is about 10% within the same time.
4. LED market is now being at the critical point and the outdoor lighting employing white light LED is on the early stage. The market share is rapidly growing. It is estimated that the market share will increase by 60% by 2020. Recently, ILO summarized in a report that Green economy can create about 6 million jobs. Climate groups, Philips and its partners call on governments accelerating wide-use of LED in cities and promptly invest to realize capitalism and create large quantity of high-value jobs in the world.
5. Energy-saving test shows the maturity of LED technology and can be widely applied in outdoor lighting which can bring economic and social benefits for the public.
Supported by mainland LED street lamp standard and related policy, the LED street lamp market is expected to surmount 1 million, reaching 1.32 million and accounting 32% of the whole world. If do not distinguish the category of technology, the mainland street lamp only accounts 15%.