Market Mirror Wire

India Lighting Market Outlook According to a new report by Expert Market Research titled “ India Lighting Market Size , Share, Growth, Analysis, Report, Demand, Forecast 2024-2032″, the India lighting market is projected to grow at a CAGR of 9.8% between 2024 and 2032. Aided by nation’s swift urbanisation, governmental electrification schemes, and the proliferating trend of smart homes, the market is expected to grow significantly by 2032. The domain of lighting in India encompasses a spectrum ranging from traditional incandescent bulbs to advanced LED lights and smart lighting solutions. Lighting is not just an essential utility in households and industries, but also a prominent facet of architectural designs, street infrastructure, and festive celebrations. A primary driving force for the India lighting market growth is the central government’s ambitious initiatives, like the UJALA scheme, which focuses on promoting energy-efficient lighting solutions. This scheme has notably amplifi...

IMARC Group, a leading market research company, has recently releases report titled  “Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028, ” The study provides a detailed analysis of the industry, including the  global lighting market size, share, trends, and growth forecasts . The report also includes competitor and regional analysis and highlights the latest advancements in the market. Report Highlights: How big is the lighting market ? The global lighting market size reached US$ 127.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 179.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028. What are the growth prospects and trends in the lighting industry? The increasing demand for energy-efficient lighting solutions represents one of the key factors influencing the market growth. Moreover, with a growing emphasis on sustainability and environmental conservation, t...