When European Union (EU) banned the use of incandescent and halogen lamps in street lights, an increased growth in LED sales has been recorded. Proven to be highly efficient, the new energy source of light is in high demand. In achieving energy efficiency by 20%, share of renewable energy by 20% and reducing greenhouse gas emissions by 20%, the EU has taken a strong step in implementing and meeting its 20-20-20 target by 2020. With the implementation of LEDs, around 70% of energy currently used in street lighting would be saved, reveals the report.
For more information, visit: LED Street Lights in Europe: A Bright Tomorrow
Many European countries are replacing their conventional street lights by Compact Fluorescent Lamps (CFLs) and Light-Emitting Diodes (LEDs) following the ban. As the prices of LEDs are constantly declining with improved energy efficiency, longer life span and low Operational and Maintenance (O&M) costs, LED market is thriving with success. European countries including the UK, Germany, Spain, Poland, France, the Netherlands, Croatia, Portugal, Italy, Belgium, and the Czech Republic have proven its benefits and has accelerated the LED market.
Spanning over 11 pages, and 4 tables, “LED Street Lights in Europe: A Bright Tomorrow” report covers key factors that are influencing the growth of installation of LED street lights in Europe, the role of EU and national governments in the promotion of LED street lights, and future prospects of LED lights in Europe. With Gain insights on the growth potential of LED street light sector in Europe, the report also focuses on forecasts of LED street light installations and factors impacting the growth of LED lights.
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