Lamp Market World Technology, Development, Trends and Opportunities Market Research Report to 2030

Global Lamp Market was valued at USD 50.91 Bn. in 2023. Global Lamp Market size is expected to grow at a CAGR of 4.67 % through the forecast period. Lamp Market Overview: High-intensity and fluorescent lamps are the two types of lamps. Fluorescent lamps are mercury vapor lamps that emit visible light through fluorescence. They include a glass tube, mercury, a small amount of inert gas, phosphorus coating, and a pair of electrodes. Fluorescent lamps save between 25 and 35 % of electricity. Furthermore, as compared to incandescent or halogen bulbs, they emit less heat.