Global Lighting Market Growth Outlook (2025–2032) | 2.2% CAGR

Global Lighting Market, valued at USD 129.73 billion in 2024, is expected to reach USD 150.19 billion by 2032, growing at a CAGR of 2.2% (2025–2032). Growth is fueled by the widespread adoption of energy-efficient LED lighting, advancements in smart and connected lighting systems, and government initiatives promoting sustainable illumination.