How LED Ballasts Are Powering a New Era in Lighting Efficiency

According to Marketintelo, “The global LED lighting ballasts Market size was valued at approximately USD 3.2 billion in 2024 and is projected to reach USD 5.4 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.8% during the forecast period 2024–2032.

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LED Lighting Ballast Market Research Report 2033
marketintelo.com

LED Lighting Ballast Market Research Report 2033

As per our latest research, the global LED Lighting Ballast market size reached USD 5.8 billion in 2024, demonstrating robust momentum driven by the accelerating adoption of energy-efficient lighting solutions worldwide.