LED Retrofit Market Shows Strong Momentum with Rapid Adoption in Aging Infrastructure
The global LED retrofit market is projected to grow at a compound annual growth rate (CAGR) of approximately 8.8% during the forecast period (2024-2034). By the end of 2034, the market is expected to surpass a valuation of $ 7.6 billion, driven by rising investments in smart classrooms and corporate digitalization.
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