The LED street light market may reach tens of billions this year
BENWEI LED street light manufacturers: In recent years, LED street lights have been upgraded all over the world, and large, medium and small cities in China are also frequently upgrading street lights. It is estimated that China's LED street light market may reach tens of billions this year.
According to reports, the New Zealand Transport Agency plans to install LED lighting on the Wellington National Road. The project is worth $7.6 million. Installation began in July and a total of 3,400 street lights will be installed. New LED street lights promise to reduce road crime and improve driver safety across the region. In addition, more cost-effective LED street lights can save taxpayers about $10 million (about 63.16 million yuan) per year. The Chicago 1 billion project is also in full swing. Recently, Chicago officials in the United States confirmed that they plan to replace 85% of street lights with LED street lights in the next four years, making Chicago one of the largest cities in the world to convert street lighting to LED. The plan is to replace 270,000 high-pressure sodium lamps with more energy-efficient and longer-lasting LED street lights. The transformation of LED street lamps has entered a peak period.
