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European LED Lighting Market to Cross $30 BN by 2024

Commercial applications in the European LED lighting market will gain traction in the coming years due to a high implementation of the modern & stylish lighting systems in hospitality centers, commercial buildings & offices, and healthcare facilities across Europe.

LED Lighting Market in Europe is expected to surpass a revenue of USD 30 billion by 2024 when the global industry shipments are predicted to register 18% growth rate; according to a new research report by Global Market Insights.

European LED lighting market is anticipated to grow over the forecast timeframe due to the factors such as increasing demand for energy efficient lighting solutions, need to cut-down electricity-related costs, high disposable income, rising investments in infrastructure which include roadways, construction of new offices, residential complexes, parks, hotels, etc. among others.

Market Insights.

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Jyoti Gazmer

A Mass Comm. graduate believes strongly in the power of words. A book lover who dreams to own a library some day. An introvert but will become your closest friend if you share mutual feelings about COFFEE. I prefer having more puppies over humans.

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