Lighting the Future: Understanding the LED Downlight Market
LED Downlight Market Introduction
The global LED downlight market is experiencing rapid growth, driven by the increasing demand for energy-efficient and sustainable lighting solutions. According to recent statistics, the LED downlight market was valued at approximately USD 24.08 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.6% over the forecast period of...
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