The artificial lights market includes different lighting products that are used for indoor and outdoor lighting needs. These include LED bulbs, CFL bulbs, fluorescent tubes, high intensity discharge lamps, and other lighting fixtures. Artificial lights offer various advantages over natural lighting such as brightness consistency, energy efficiency, longevity, and ability to be operational throughout the day and night. They help illuminate indoor and outdoor areas for visibility, safety, security, and aesthetic purposes.

Artificial lights market is estimated to be valued at USD 99.89 Bn in 2024 and is expected to reach USD 123.69 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 3.1% from 2024 to 2031.

The growing construction industry has increased the installation of Artificial Lights Market fixtures in various infrastructure projects such as buildings, roads, railways, ports, and airports. Rapid urbanization and rising disposable income in developing regions have also boosted the sales of lights and lighting fixtures for residential and commercial purposes.

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