Exploring the Dual Benefits of Outdoor LED Lighting for Safety and Aesthetic Appeal

The Global Outdoor LED Lighting Market is projected to grow significantly, from an estimated USD 29.5 billion in 2024 to USD 136.5 billion by 2031, achieving a compound annual growth rate (CAGR) of 21.1%. According to a recent report by CoherentMI, which delves into market trends, size, and competitive landscape, this expansion is driven by increasing demand, technological advancements, and a growing consumer base. The report provides a thorough analysis of market segments, including installation types, offerings, sales channels, wattage categories, and applications. Key players in the market include industry giants such as General Electric, Philips Lighting, and Osram. The study outlines future growth opportunities and strategic insights aimed at stakeholders looking to capitalize on this booming sector.

Exploring the Dual Benefits of Outdoor LED Lighting for Safety and Aesthetic Appeal

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