Taiwan optical industry technology development association predicts LED Street will grow significantly

According to the LED manufacturer of photoelectron billion chairman Robert Yeh said the current 8 meters LED street is better than high voltage sodium lamp price is three times higher than the price of NT $6000 (US $186), when the two power consumption and maintenance cost into account, the overall cost of high pressure sodium solution is equivalent to the LED street lights the cost of.

Taiwan Optical Industry Technology Development Association expects the global market size of LED street lights will reach $1 billion 40 million this year, the Chinese market accounted for about $560 million. The number of new LED street lights in China will reach 500 thousand this year, the U.S. and European markets will follow in the next three years.

Source: China Lighting Trade Network