Executive Summary LED Lighting Market : The global LED lighting market size was valued at USD 81.77 billion in 2024 and is expected to reach USD 230.02 billion by 2032, at a CAGR of 13.80% during the forecast period. This growth is driven by factors such as the increasing adoption of energy-efficient lighting solutions, supportive government policies...

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...

Linear LED Strip Fixture Market Summary The global linear LED strip fixture market was valued at USD 2.13 billion in 2022 and is expected to reach USD 4.97 billion by 2030, growing at a robust compound annual growth rate (CAGR) of 12.0% from 2023 to 2030. The growing market is driven by the rising demand for energy-efficient and smart lighting solutions, largely fueled by an increase...