LED Lighting Industry The global LED lighting market size was estimated at USD 88.17 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 7.8% from 2025 to 2030. This market growth is largely attributed to the rising volume of construction projects taking place across both developing and developed countries. As urban infrastructure expands and commercial...

Allied Market Research, titled, “LED Market Size," the global LED Market size was valued at $78.69 billion in 2020, and is projected to reach $192.68 billion by 2030, growing at a CAGR of 8.2% from 2021 to 2030. Asia-Pacific is expected to be the leading contributor to the global LED Market, followed by Europe and North America. A light-emitting diode (LED) is a semiconductor...

The global String Lights Market is witnessing substantial growth, fueled by increasing demand for aesthetic outdoor and indoor lighting solutions, energy-efficient LED technology, and smart lighting systems. The growing trend of decorative lighting for residential, commercial, and hospitality sectors is further driving market expansion. According to the latest market research, the global String...