Global Specialty Lighting Market to Reach $8.1 Billion by 2027

Apr 19, 2021 | 0 comments |

Global Specialty Lighting Market to Reach $8.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Specialty Lighting estimated at US$5.5 billion in the year 2020, is projected to reach a revised size of US$8.1 billion by 2027, growing at aCAGR of 5.6% over the period 2020-2027.  
LED is projected to record 6.1% CAGR and reach US$5.9 billion by the end of the  analysis period. After an early analysis of the business implications of the  pandemic and its induced economic crisis, growth in the Other Light Sources  segment is readjusted to a revised 4.5% CAGR for the next 7-year period. 
Click here to read the full article, posted on March 23rd, 2021 on LED News.  

Schedule a Call

Author

0 Comments

Blogs You Might Be Interested In

News You Might Be Interested In

Join Our Community

Thousands of business professionals rely on Action Services Group for the latest in Lighting,
Signage, and Electrical news. Add yourself to our community and receive timely updates on
safety, new products, energy savings, rebates, and so much more.
You can select what information you would like to receive.

Join Our Community