Industry Update

Portfolio

2 MARCH 2023

(Source: Cision Distribution)

The growing urban population is driving up sales of smart LED lighting in India, according to the country's LED lighting market report for 2022 to 2027

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Portfolio

14 FEBRUARY 2023

(Source: Globe News Wire)

The market for smart lighting in the Asia Pacific region is anticipated to grow at a CAGR of 12.6% from 2023 to 2030, from an expected revenue of US$ 4,332.0 million in 2022 to US$ 11,159.4 million by 2030.

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Portfolio

14 FEBRUARY 2023

(Source: EMR)

The India lighting market is expected to expand at a CAGR of 9.8% between 2023 and 2028, with a target value of USD 5.51 billion by 2027.

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