The Future is Bright: The Unstoppable Rise of LED in Today’s Market
The LED lighting market is undergoing a remarkable transformation. As Wilumi, we are at the forefront of this change, driving innovation in industrial and commercial LED lighting. The global market is projected to reach a staggering $91.5 billion by 2028, growing at a CAGR of 17.6%. This surge is driven by the increasing demand for energy-efficient solutions and a significant shift away from traditional lighting systems. At the heart of this revolution, LED lights stand out for their exceptional performance, reliability, and reduced environmental footprint. COVID-19’s Silver Lining Despite initial …
