Thursday, June 12, 2025

2025 Forecast: Size, Share, and Trends in the LED Lighting Market

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The Global LED Lighting Market is projected to grow at a compound annual growth rate (CAGR) of 10.55% from 2024 to 2031, as detailed in a new report by DataM Intelligence. This market encompasses energy-efficient, durable, and eco-friendly lighting solutions suitable for various settings, from homes to public spaces. Key players, including Philips, General Electric, and Samsung Electronics, focus on new product launches to tap into emerging markets. The shift from traditional lighting technologies to LEDs is accelerating due to their superior energy efficiency, long lifespan, and environmental benefits. The report offers valuable insights, analyzing market dynamics, competitive strategies, and regional trends across North America, Europe, Asia Pacific, and more.

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