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Stock impact report

Artificial Lights Market Size Worth $133.2 Billion by 2033; Continuous Development in Lighting Technology to Propel Growth [Yahoo! Finance]

Koninklijke Philips N.V. NY Registry Shares (PHG) 
US:NYSE Investor Relations: philips.com/a-w/about/investor.html
Company Research Source: Yahoo! Finance
Asia Pacific region emerged as the largest global artificial light market, with a 41.2% market revenue share in 2023. Newark, April 15, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 95.4 billion artificial lights market will reach USD 133.2 billion by 2033. More people are becoming conscious of the need to save energy and the environment, which has resulted in strict laws encouraging energy-efficient lighting options. Artificial lighting is becoming more popular due to regulations and standards being implemented by governments worldwide to phase out inefficient lighting technologies. Artificial lighting solutions are in high demand in the commercial, industrial, and residential sectors due to rising urbanisation and infrastructure development initiatives in emerging nations. Download Report Sample (230+ Pages PDF with Insights) at: https://www.thebrainyinsights.com/enquiry/sample-request/14135 Applications for artificial lighting can be found in many differ Show less Read more
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