Electroluminescent Lamp Market to Experience Steady Growth Amid Increasing Demand for Energy-Efficient Lighting

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The global electroluminescent lamp market is poised for substantial growth, driven by rising demand for energy-efficient, flexible, and aesthetically appealing lighting solutions. Valued at USD 650 million in 2023, the market is projected to reach USD 1.2 billion by 2032, expanding at a CAGR of 6.8% during the forecast period. Advancements in lighting technology and increasing adoption across various