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Market Overview

The LED Lighting Market was valued at USD 75.81 billion in 2020 is expected to reach USD 160.03 billion by 2026 at a CAGR of 14.25% over the forecast period 2021 - 2026. By transitioning to energy-efficient LEDs, an estimated savings of USD 18 billion in electricity costs can be achieved. Furthermore, more than 160 million metric tons of carbon dioxide emissions can be avoided every year
20 / Jan

Key Market Trends

Commercial Segment Expected to Witness Significant Growth Rate
20 / Jan

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