The global lighting fixture market size is expected to reach USD 140.76 billion by 2027, expanding at a CAGR of 4.5% over the forecast period, according to a new report by Grand View Research, Inc. Rapidly growing demand for energy-efficient products in the residential and commercial sectors is majorly driving the market for light fixture. Furthermore, introduction of technologically...

Residential Lighting Fixtures Industry The global residential lighting fixtures market size is expected to reach USD 22.41 billion by 2030, expanding at a CAGR of 6.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rapid replacement of traditional lights with more energy-efficient and economical lighting fixtures is expected to remain a prominent trend....