The Global Lighting Market is expected to grow by $ 9.77 bn during 2020-2024, progressing at a CAGR of 1% during the forecast period

·2 min read

Global Lighting Market 2020-2024 The analyst has been monitoring the lighting market and it is poised to grow by $ 9. 77 bn during 2020-2024, progressing at a CAGR of 1% during the forecast period.

New York, Dec. 03, 2020 (GLOBE NEWSWIRE) -- announces the release of the report "Global Lighting Market 2020-2024" -
Our reports on the lighting market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by strong government support and incentive programs and stringent regulations on road safety. In addition, strong government support and incentive programs are anticipated to boost the growth of the market as well.
The lighting market analysis includes type segment, application segment and geographical landscapes.

The lighting market is segmented as below:
By Type
• LED technology
• Traditional technology

By Application
• General lighting
• Automotive lighting
• Backlighting

By Geographical Landscapes
• Europe
• North America
• South America

This study identifies the declining manufacturing cost of LEDs as one of the prime reasons driving the lighting market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our lighting market report covers the following areas:
• Lighting market sizing
• Lighting market forecast
• Lighting market industry analysis

Read the full report:

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.


CONTACT: Clare: US: (339)-368-6001 Intl: +1 339-368-6001