Artificial Lights Market Size

Market Size in USD Bn

CAGR3.3%

Study Period	2025-2032
Base Year of Estimation	2024
CAGR	3.3%
Market Concentration	High
Major Players	General Electric (GE Lighting), Panasonic Corporation, Osram Licht AG, Schneider Electric SE, Cree, Inc. and Among Others

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Artificial Lights Market Analysis

Artificial lights market is estimated to be valued at USD 103.39 Bn in 2025 and is expected to reach USD 129.52 Bn by 2032. It is projected to grow at a compound annual growth rate (CAGR) of 3.3% from 2025 to 2032. The artificial lights market has been witnessing significant growth driven by various factors. They include growth in construction and infrastructure development activities and demand for artificial lights for interior and exterior illumination.