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| Feature | Value |
|---|---|
| Total Market Size (2023) | $1.5 Billion |
| Annual Growth Rate (CAGR) | 8.5% |
| Major Application Areas | Residential, Commercial, Industrial |
| Key Technologies | LED, Solar, Smart Lighting |
| Regions Leading the Market | North America, Europe, Asia-Pacific |
| Regulatory Standards | CE, RoHS, UL |