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LED Lighting Market Set to Rise at 7.8% CAGR during 2024–2034 – TMR Report

The global LED lighting market is anticipated to expand at a CAGR of approximately 7.8% between 2024 and 2034. By the end of the forecast period, the market is projected to exceed a valuation of US$ 211.6 billion, fueled by increasing investments in smart classrooms and the accelerating pace of corporate digital transformation.

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