According to the media report that revenues in the street lights market are expected to grow at a compound annual growth rate (CAGR) of 12% between 2010 and 2015.
In 2010, it was a $327 million market, which is not huge, but street lights are sort of a gateway technology. When street lights become feasible, the markets for area lights, parking-lot lights, flood lights, wall packs, billboard lights and other lighting applications become available to LEDs.
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