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Interior Lighting Market

Global Interior Lighting Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Lighting Effect Coverage, By End Use Coverage, By Type Coverage, By Product Coverage, By Geographic Coverage and By Company)

Published Date: Sep 2023 | Format: | No. of Pages: 310

Industry: Consumer Goods & Services | Author Name: Harshad

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Report Description Research Methodology

FAQ : Interior Lighting Market

The global interior lighting market achieved a market size of approximately US$79 Bn in 2022 and is likely to reach a valuation of around US$120 Bn toward the end of 2030.

The worldwide interior lighting market is projected to develop at an average CAGR of roughly 5.5% during the forecasted period, 2023 - 2030.

Asia Pacific holds the largest share of the global interior lighting market.

The major factors driving the expansion of this market are the government initiatives and policies for energy savings, the growing consumer preferences for better interior design with energy-efficient lighting systems, and the upcoming smart city projects in developing economies.

In 2022, the ambient lighting category held a significant share of the global market for interior lighting. On the other hand, recessed light products also constitute a major share in terms of revenue.
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