The Evolution of Clean Energy Tax Incentives Over the Last Decade

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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 to Reach USD 150.19 Billion by 2032, Growing at a 2.2% CAGR Driven by LED Adoption & Smart Lighting Expansion
Global Lighting Market, valued at USD 129.73 billion in 2024, is projected to reach USD 150.19 billion by 2032, expanding at a CAGR of 2.2% (2025–2032). Growth is driven by the global shift toward energy-efficient LED solutions, rapid urbanization, and government regulations phasing out inefficient lighting technologies.The market spans residential, commercial, industrial, and outdoor applications, offering a wide range of products including LED lights, energy-saving lamps, fluorescent lighting, and specialty illumination systems. LED technology continues to dominate due to its superior efficiency, longer lifespan, reduced environmental impact, and strong compatibility with smart and connected lighting ecosystems.

Global Atomizing Iron Powder Market (2025–2032): USD 971M to USD 1.234B Growth at 3.6% CAGR
Global Atomizing Iron Powder Market is experiencing steady growth, rising from USD 971 million in 2025 to USD 1.234 billion by 2032, driven by a 3.6% CAGR. Atomized iron powder—produced through high-pressure water atomization of molten iron—offers high purity, superior compressibility, excellent sintering performance, and uniform spherical particle structure, making it the preferred material in powder metallurgy, automotive components, aerospace engineering, and industrial machinery.Demand continues to increase as industries shift toward advanced manufacturing technologies, including metal injection molding (MIM), additive manufacturing, and precision-engineered parts. The market benefits from sustainability trends, as atomized iron powder supports material recycling, waste reduction, and circular economy goals. However, high production energy consumption and raw material supply chain volatility pose challenges.Asia-Pacific dominates the market due to its strong manufacturing base, while North America and Europe maintain stable demand driven by innovation, automotive production, and high-value industrial applications. Supported by technological advancements and expanding industrialization across emerging regions, the atomizing iron powder market presents significant opportunities for manufacturers, investors, and industry stakeholders.