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Newstrail
Newstrail
The global LED street light market to grow at a CAGR of 13.5% during the forecast period (2021-2026). Looking forward, the market is expected to continue its moderate growth during the next five years., according to a new report by IMARC Group. The light-emitting diode (LED) street lights are one of the most energy-efficient lighting solutions for outdoor applications. These lights are compact and cost-effective and provide longer life and improved light. They are easy to install, produce less heat and require low maintenance as compared to their conventional counterparts. Moreover, they do no…