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Improvement in the living standards of consumers in developing countries like India and China has shifted the preference of consumers towards packaged
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The growth of the market is attributed to the growing number of smart homes along with decreasing average selling price (ASP) of LED bulbs and drivers
Since a few years, online purchasing and transactions have drastically increased.
Market Size – USD 816.5 million in 2019, Market Growth - CAGR of 14.8%, Market Trends – Higher usage of blue hydrogen in the power generation
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