Lighting Control Market Size, Share, Trends | Global Report

The Global Lighting Control Market is expected to reach USD 70 Billion by 2030, at a CAGR of 17% during the forecast period 2022 to 2030. The COVID-19 pandemic outbreak has adversely affected economies and industries in several nations owing to lockdowns, travel bans, and business shutdowns which in order have affected the lighting control market size. In Addition, the lockdown in the Asia Pacific which is the highest growing region led to the undersupply of various parts used in electronics as most of the raw materials and spare parts are procured from this region's local market.