LED Lighting Market Expected to Reach USD 183.7 Billion

The IMARC Group has released an extensive report projecting the global LED lighting market to grow from USD 90.3 billion in 2024 to USD 183.7 billion by 2033, reflecting a compound annual growth rate (CAGR) of 8.2% from 2025 to 2033. This surge is primarily driven by increasing demand for energy-efficient solutions, heightened environmental awareness, and supportive government initiatives. The report highlights significant trends such as the rise of smart lighting technologies and the expanding adoption in commercial and industrial sectors. Key players, including Nichia Corporation and Samsung Electronics, are also discussed, alongside a detailed analysis of market dynamics, segmentations, and regional insights.

LED Lighting Market Expected to Reach USD 183.7 Billion

Godox Introduces the KNOWLED M300R RGBWW LED Light

Updates and Announcements for Chino Hills

Eco-Friendly Recovery of Rare Earth Elements from Discarded LED Light Bulbs

Updates and Announcements for Chino Hills Community