The global lighting market was valued at approximately USD 151.7 billion in 2024 and is forecasted to grow significantly, reaching an estimated USD 223.3 billion by 2030. This growth is expected to occur at a compound annual growth rate (CAGR) of 7.2% during the period from 2025 to 2030. The steady expansion of the market is largely fueled by a rising demand for energy-efficient...