Recessed Lighting Fixtures: Market Trends and Forecast Analysis...

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2024-09-23 12:49:04 - Translate -

Recessed Lighting Fixtures: Market Trends and Forecast Analysis (2024-2032)

The recessed lighting fixtures market has seen substantial growth in recent years, with the market size estimated at approximately $10.58 billion in 2023. This upward trajectory is expected to continue, with projections indicating an increase to $10.96 billion in 2024 and reaching around $14.5 billion by 2032. This represents a compound annual growth rate (CAGR) of approximately 3.56% during...

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