Wide-Area Lighting Market
Wide-Area Lighting Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Wide-Area Lighting Market Size and Growth
The Wide-Area Lighting market is experiencing significant growth, driven by increased urbanization and infrastructure development. The market size is projected to reach approximately $15 billion by 2026, reflecting a CAGR of around 9%. Key factors include advancements in LED technology and rising demand for energy-efficient lighting solutions in public spaces.
Companies Covered
(Covid 19 Impact Covered)
◍ Molex
◍ Ericson
◍ Philips Lighting
◍ Western Technology
◍ AEC Galileo Oudoor
◍ WESCO
The Wide-Area Lighting Market features key players like Molex, Ericsson, Philips Lighting, Western Technology, AEC Galileo Outdoor, and WESCO. These companies enhance market growth through innovative lighting solutions, smart technologies, and sustainable designs. Sales revenues for select companies are as follows: Philips Lighting - $7 billion, WESCO - $7.8 billion.
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