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Decorative Lamps Industry Report

LED Lighting Market Size was valued at USD 57.9 billion in 2021. The LED lighting market industry is projected to grow from USD 64.38 Billion in 2022 to USD 135.36 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 11.20% during the forecast period (2022 – 2030). Benefits of LED lights, and rising adoption of alternative fuel cell vehicles are the key market drivers enhancing the market growth.


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