Global Smart Lighting and Control Systems Market to 2027: Market is Forecast to Recover and Reach $93.2 Billion
Share this article Share this article ResearchAndMarkets.com's offering. A Decimated Global Economy Leave Smart Lighting & Control Systems Market High & Dry. Revenues Shrink by -11.9% The global market for Smart Lighting & Control Systems is expected to decline by -11.9% in the year 2020 and thereafter recover and grow to reach US$93.2 billion by the year 2027, trailing a post COVID-19 CAGR of 14.7% over the analysis period 2020 through 2027. COVID-19 has pushed the global economy into the steepest recession ever with GDP growth nosediving by -4.9%, shaving off over US$7 trillion in value. A...
Source: prnewswire.com