Gearing up for an Illuminating Future: Growth Potential of Global Lighting Fixture Market
Tuesday, 12 March 2024, 13:37
Global Sales of Lighting Fixtures
Global sales of lighting fixtures ascend as the demand for efficient and aesthetically pleasing lighting solutions grows.
Commercial Sector Surge
The commercial sector stands out with surging demand for LED lighting modules.
Market Projection
- The global lighting fixtures market is set to soar from US$125.3 billion in 2022 to US$233.6 billion by the end of 2030.
- Anticipating an impressive CAGR of 8.1%, the market is driven by the growing need for energy-efficient lighting solutions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.