In 10 Years, LEDs Will Be the Leading Lamp Type for Outdoor Lighting

A new report from Navigant Research anticipates that light-emitting diodes (LEDs) will be the leading lamp type for outdoor lighting systems in just 10 years. This isn’t a big surprise, given LED prices continue to fall and cities are starting to see that investing in LEDs as part of a networked lighting system can provide multiple advantages. Navigant’s report – Outdoor and Parking Lighting Systems – forecasts that worldwide shipments of luminaires with LED lamps for outdoor and parking applications will grow from 4.1 million annually in 2014 to nearly 14 million in 2023.