Global Revenues for LED's Used in Outdoor and Parking Applications to Reach $1.4B by 2021
Navigant Research, via DigiTImes, reports worldwide revenues from LED luminaires used in outdoor and parking applications will grow to $1.4 billion, from the current $921 million annually in 2014 by the year 2021. A substantial decline in energy bills and better lighting quality are benefits of LED use, according to the report.
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