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Global Lamp Market Projection
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The global lamp market is projected to reach USD 45.74 billion by 2030, driven by construction and development activities, rising income, and government initiatives for energy-efficient lighting. However, the ban on incandescent bulbs has led to a shift towards CFLs and LEDs.
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How might the projected growth of the global lamp market influence the development of smart lighting systems?
How will the shift towards CFLs and LEDs impact the traditional lighting industry?
What are the potential implications of the ban on incandescent bulbs for the environment and energy consumption?
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