The “LED Flood Light Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering.
The global LED flood light market soared to a staggering US$ 7.1 Billion in 2022, and prospects continue to shine brightly as the market is anticipated to reach US$ 13.2 Billion by 2028, boasting a remarkable Compound Annual Growth Rate (CAGR) of 11% during the period from 2023 to 2028.
LED flood lights, renowned for their ability to illuminate vast spaces, including stadiums, yards, stages, private gardens, and home living areas, have revolutionized the lighting industry. These fixtures offer a myriad of advantages over traditional lighting sources, such as fluorescent and CFL systems.
Dialight plc (LON:DIA) is the world leader in LED industrial lighting technology with millions of LED fixtures installed worldwide.