Boulder, Colorado-based Navigant Research recently published
a report that the market share of Light-Emitting Diode (LEDs) lighting in street lighting worldwide will grow
from 53.3% in 2014 to 93.8% in 2023, as falling prices for LED street lights
are spurring a global transition from older lamp technologies to newer, more
efficient, and more controllable LEDs.
The report, entitled ‘Smart
Street Lighting: LEDs, Communications Equipment, and Network Management
Software for Roadway and Highway Lighting: Global Market Analysis and
Forecasts’, said that the whiter light of LED street lights offers city residents
improved nighttime visibility, while the greater energy efficiency and
longevity offer city managers cost savings from reductions in both energy
consumption and maintenance costs.
The report notes that as LED prices continue to erode and the
long lifespan of LED lamps results in fewer replacements, overall revenue from
street lighting will begin to fall. Navigant forecasts that global street
lighting revenue will decline from $2.5 Billion in 2014 to $2.3 Billion in
2023.
“The increase in sales of LED street lights has been
surprisingly swift, with some companies reporting that more than half their
sales are LEDs and others already planning to discontinue their non-LED product
lines,” said Navigant Senior Research Analyst Jesse Foote. “At the same time, a
rising number of cities are deploying networked control systems along with
their new LED street lights, and the range of features available from those
systems is expanding.”
Although LED street lights appear to be on track for a nearly
complete takeover of the market, the adoption of networked control systems for
street lights has followed a somewhat slower path. Navigant Research points out
that one critical challenge for the networked control industry is a lack of
standardization and the large number of diverse players competing in this
space.
Closer to home, the Guam Power Authority appears to fall
farther behind with integration of the modern street light technology. Earlier this year, GPA bid out a small
quantity of LED lighting while simultaneously bidding the inefficient and aging
High Pressure Sodium (HPS) Luminaires. While
expected to award the HPS contract, the island utility decided to issue another
bid for an LED IDIQ with brand, technology and warranty specifications that have not kept
up with the market-some three years following a pilot project that has shown
significant failures across the island.
Maybe GPA should take a read of this Navigant Report-and as
soon as possible.
The report analyzes the global market for roadway and highway
lighting. It provides an analysis of the market issues, including drivers and
trends, barriers, and ownership models, associated with lamps, luminaires, and
lighting controls in these street lighting applications. Global market
forecasts for unit sales and revenue, segmented by region, application, and
equipment and construction type, extend through 2023. The report also examines
the key codes, standards, and technologies related to street lighting, as well
as the competitive landscape.
Such due diligence would have been a better use of government
resources and time.
To learn more about the lighting products that GET,LLC provides, including the LED lines of our partners, Independence LED
Lighting and Deco Lighting Inc., please check out our website at
www.get-guam.com or call us at 671-483-0789 to discuss solutions for your
important lighting needs-All Made in America!!!