Industrial Lighting Market Set for Steady Growth, Projected to Reach USD 1.99 Billion by 2030
The global industrial lighting market was valued at USD 1,261 million in 2021 and is anticipated to generate USD 1,990 million by 2030, growing at a CAGR of 5% during the forecast period (2022–203. The market is driven by the increasing adoption of LED lighting, energy efficiency regulations, and advancements in smart lighting technologies.
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