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Stock impact report

Growth Trends in the Commercial LED Lighting Market, 2025-2030: A Forecasted $27.38 Billion Industry by 2030 [Yahoo! Finance]

Acuity Brands, Inc. (AYI) 
Last acuity brands, inc. earnings: 4/2 08:39 am Check Earnings Report
US:NYSE Investor Relations: acuitybrands.com/investors
Company Research Source: Yahoo! Finance
Commercial LED Lighting Market Dublin, Dec. 12, 2024 (GLOBE NEWSWIRE) -- The "Commercial LED Lighting Market by Type, Installation, Application, End-user, Sales Channel - Global Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering. The Commercial LED Lighting Market grew from USD 15.85 billion in 2023 to USD 17.07 billion in 2024. It is expected to continue growing at a CAGR of 8.12%, reaching USD 27.38 billion by 2030. Influencing growth factors include accelerated urbanization, technological advancements in smart lighting solutions, and the global shift towards sustainable development. Potential opportunities lie in integrating LEDs with the Internet of Things (IoT) and smart control systems, which enhance energy efficiency and user convenience. Recommendations for harnessing these opportunities include adopting smart lighting features and focusing on customization and retrofitting solutions to cater to existing infrastructure. However, challenge Show less Read more
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