LED Street Light Market to Touch US$ 19.4 Billion by 2027 Registering a CAGR of 13.86% - Report by IMARC Group
According to IMARC Group’s latest report, titled “LED Street Light Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” The global LED street light market size reached US$ 9 Billion in 2021 . Looking forward, IMARC Group expects the market to reach US$ 19.4 Billion by 2027, exhibiting a CAGR of 13.86% during 2022-2027. Light-emitting diode (LED) street light refers to a highly efficient and environment-friendly lighting fixture installed on poles that illuminates a large area. It consists of a cooling body, a tempered glass cover, an LED module, a constant current driver, and an optical lens for asymmetric light distribution. An LED street light is widely used to illuminate primary and secondary roads, highways, public spaces, tunnels, school yards, commercial buildings, walkways, parking areas, and residential complexes. Download free sample brochure: https://www.imarcgroup.com/led-street-light-manufacturing-plant/requestsample...