One of the key reasons projected to drive the global lighting fixtures market during the forecast period is the steep rise in smart city initiatives. One of the most complex smart city applications has developed over the past several years is smart lighting. Lighting Fixtures Market solutions are being used by an increasing number of enterprises. When used with LEDs, such intelligent lighting solutions save about 30% of energy. The demand for the development of smart buildings has also increased as a result of increased government spending on smart cities and the introduction of the idea. Therefore, it is anticipated that the increased need for smart buildings will increase demand for energy-saving infrastructure like LED lighting fixtures, leading to the global rise of the lighting industry.
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