Global Lighting Market Growth Outlook (2025–2032) | 2.2% CAGR
Global Lighting Market, valued at USD 129.73 billion in 2024, is expected to reach USD 150.19 billion by 2032, growing at a CAGR of 2.2% (2025–2032). Growth is fueled by the widespread adoption of energy-efficient LED lighting, advancements in smart and connected lighting systems, and government initiatives promoting sustainable illumination.
Global Lighting Market, valued at USD 129.73 billion in 2024, is expected to reach USD 150.19 billion by 2032, growing at a CAGR of 2.2% (2025–2032). Growth is fueled by the widespread adoption of energy-efficient LED lighting, advancements in smart and connected lighting systems, and government initiatives promoting sustainable illumination.
Global Lighting Market Growth Outlook (2025–2032) | 2.2% CAGR
Global Lighting Market, valued at USD 129.73 billion in 2024, is expected to reach USD 150.19 billion by 2032, growing at a CAGR of 2.2% (2025–2032). Growth is fueled by the widespread adoption of energy-efficient LED lighting, advancements in smart and connected lighting systems, and government initiatives promoting sustainable illumination.
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