Global General Lighting Market Overview – Market Growth Analysis And Key Drivers

The General Lighting Global Market Report 2023, provides comprehensive information on the general lighting market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032

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As per The Business Research Company’s General Lighting Global Market Report 2023, the market size is expected to grow from $87.74 billion in 2022 to $93.93 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global general lighting is expected to grow to $119.85 billion in 2027 at a CAGR of 6.3%.

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The general lighting market is segmented:

1) By Product Type: LED, CFL, LFL, HID, Halogens, Incandescent, Other Products

2) By End User: Residential, Commercial, Outdoor, Industrial, Other End-Users

3) By Application: General Lighting, Automotive Lighting, Backlighting, Other Applications

Asia-Pacific was the largest region in the general lighting market in 2022.

The table of contents in TBRC’s general lighting market report includes:

  1. Executive Summary
  2. General Electrical Equipment And Component Market Characteristics
  3. General Electrical Equipment And Component Market – Macro Economic Scenario
  4. General Electrical Equipment And Component Market Size And Growth

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  1. Key Mergers And Acquisitions In The General Electrical Equipment And Component Market
  2. General Electrical Equipment And Component Market Trends And Strategies
  3. General Electrical Equipment And Component Market Future Outlook and Potential Analysis
  4. Appendix

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