The global LED lighting market is expected to reach a size of USD 134.71 billion by 2030, as reported by Grand View Research, Inc. This market is forecast to grow at a compound annual growth rate (CAGR) of 7.8% from 2025 to 2030. The demand for LED lighting products, such as A-lamps and T-lamps, is anticipated to rise, driven by the growing consumer preference for energy-efficient...

The North America LED lighting market size is expected to reach USD 21.08 billion by 2030, registering a CAGR of 8.8% over the forecast period, according to a new report by Grand View Research, Inc. Increase in the need to use sustainable energy sources among residential, industrial, and commercial end uses across U.S. and Canada is driving the market. Furthermore, benefits such as...