LED luminaire shipments for outdoor and parking applications to reach 14 million by 2023, says Navigant

Outdoor lighting systems are a major contributor to global energy use. Today, the market segment is dominated by fluorescent, high-pressure sodium, and metal halide lamps. Over the next 10 years, however, LEDs will become the leading lamp type for outdoor installations. According to Navigant Research, 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.

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via Yuichun