North America Led Lighting MarketSHERIDAN, WY, UNITED STATES, June 21, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled “North America LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the North America LED lighting market reached a value of US$ 17 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 29.8 Billion by 2027, exhibiting a CAGR of 9.8% during 2022-2027. As compared to conventional lighting technologies, LED lighting is more long-lasting, efficient, inherently controllable, and environment friendly. Request Free Sample Report: https://www.imarcgroup.com/north-america-led-lighting-market/requestsampleNorth America Led Lighting Market Trends:One of the key factors driving the LED lighting market in North America is the increasing demand for smart lighting solutions to conserve energy. Additionally, the rising awareness toward the benefits associated with LED lighting solutions, such as higher operational life and lower maintenance, is further facilitating the overall product sales across the region.
Source: The North Africa Journal June 22, 2022 07:00 UTC