Lighting Fixture Market to Reach USD 191.80 Billion by 2032, Driven by Smart Technologies and Sustainability Trends
Market Overview The global lighting fixture market is poised for robust expansion over the next decade, reaching a projected value of USD 191.80 billion by 2032, up from USD 109.65 billion in 2023. The market is expected to grow at a compound annual growth rate (CAGR) of 6.40% from 2024 to 2032, propelled by the widespread adoption of LED