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Global LED Lighting Market Research Report:

The latest report by IMARC, titled “ LED Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-202

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” " finds that the global LED lighting market size reached US$ 75.7 Billion in 2022. LEDs, short for lightemitting diodes, are tiny semiconductor devices that emit light when electric current flows through them.Theyareusedasalightingsourceinhomes,businesses,andindustrialsettingsduetotheirsmall size, long lifespan, quick switching capability, and low energy consumption. They also produce very little heat and have minimal radiation emissions, making them a superior alternative to traditional incandescent and fluorescent lights. As a result, LED lighting solutions are gaining immense traction acrosstheglobeastheyoffernumerousbenefitsoverconventionallightingsystems.

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