Led Bulb Market Size Share Analysis Outlook 2024 2032 Global led bulb market outlook. the global led bulb market was valued at usd 7.80 billion in 2023. the market is further estimated to grow at a steady cagr of 9.7% during the forecast period of 2024 2032 to reach usd 17.99 billion by 2032. read more about this report request free sample copy in pdf. Led lighting market size. led lighting market was valued at usd 85.97 billion in 2023 and is anticipated to grow at a cagr of over 10% between 2024 and 2032. the market is experiencing robust growth driven by increasing global awareness of energy efficiency and environmental sustainability. to get key market trends. download free sample.
Led Bulb Market Size Share Analysis Outlook 2024 2032 Led lighting market analysis. the led lighting market size is estimated at 46.54 billion usd in 2024, and is expected to reach 65.13 billion usd by 2030, growing at a cagr of 5.76% during the forecast period (2024 2030). 46.54 billion. The global led lighting market size was valued at usd 86.86 billion in 2023 and is projected to grow from usd 97.07 billion in 2024 to usd 272.44 billion by 2032, exhibiting a cagr of 13.8%. north america dominated the global market with a share of 22.14% in 2023. leds are semiconductor devices that emit light when an electric current passes. Download sample. global led market is predicted to reach approximately usd 132.53 billion by 2032, at a cagr of 8.38% from 2024 to 2032. the global led lighting market has experienced remarkable growth in recent years, driven by advancements in technology, increasing environmental awareness, and the pursuit of energy efficiency. Fig. 12 led lighting market: industry value chain analysis fig. 13 led lighting market: market dynamics fig. 14 led lighting market: porter’s analysis fig. 15 led lighting market: pestel analysis fig. 16 led lighting market share by product, 2023 & 2030 (usd billion) fig. 17 lamps market estimates & forecasts, 2018 2030 (revenue, usd billion).
Led Lighting Market Size Share Trends Forecast 2032 Download sample. global led market is predicted to reach approximately usd 132.53 billion by 2032, at a cagr of 8.38% from 2024 to 2032. the global led lighting market has experienced remarkable growth in recent years, driven by advancements in technology, increasing environmental awareness, and the pursuit of energy efficiency. Fig. 12 led lighting market: industry value chain analysis fig. 13 led lighting market: market dynamics fig. 14 led lighting market: porter’s analysis fig. 15 led lighting market: pestel analysis fig. 16 led lighting market share by product, 2023 & 2030 (usd billion) fig. 17 lamps market estimates & forecasts, 2018 2030 (revenue, usd billion). The market is further estimated to grow at a cagr of 5.3% during 2024 2032 to reach a value of usd 19.38 billion by 2032. united states led lighting market outlook the state legislative bodies across the country are determined to phase out the sales of 4 foot linear fluorescents by 2024, which is likely to create greater opportunities for led. Imarc group. id: 5656607. the global led bulb market size reached us$ 9.2 billion in 2023. looking forward, the market is projected to reach us$ 23.5 billion by 2032, exhibiting a growth rate (cagr) of 10.98% during 2023 2032. the emerging smart lighting trends, the launch of favorable policies by government bodies promoting energy saving.
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