The global led lighting market size is estimated to grow by USD 34.82 bn from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 7.35% during the forecast period. APAC held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of  43%. 

Major Players in the Market
Numerous companies are capitalizing on this growing trend by implementing strategic measures such as alliances, partnerships, mergers, and acquisitions. Among the notable players in the cheese based snacks market are:
Acuity Brands Inc., ams OSRAM AG, Bridgelux Inc., Dialight Plc, Digital Lumens Inc., Eaton Corp. Plc, Ennostar Inc., General Electric Co., GrowRay Lighting Technologies, Hubbell Inc., IDEAL INDUSTRIES Inc., Koninklijke Philips NV, LSI Industries Inc, Lumileds Holding BV, OSRAM GmbH, Panasonic Holdings Corp., Sharp Corp., Signify NV, SMART Global Holdings Inc., Toyoda Gosei Co. Ltd.
Key Market Drivers

Source prnewswire