According the media report,the market for street lights is growing and dynamic, fueled by quality luminaires and a city’s ability to reduce operating costs. But all is not rosy in the street lights market worldwide.
The market research firm expects a compound annual growth rate (CAGR) of 26% from 2010 to 2015 in unit growth. This includes street lights and tunnel lights; as well as area lights including parking lot lights, canopy lights, flood lights and wall packs.
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