There are many various companies that sell products of all shapes and sizes on the global lighting market. The lamp market is being driven forward by the rising use of lamps in numerous domestic and international uses, including: commercial, residential, industrial, cars, and highways. The following variables affect the demand for and expansion of the global LED lamp market:
- Higher energy efficiency with low maintenance cost
- Less energy consumption than conventional lamps
- Increasing the average lifespan of LED lamps (between 6 and 12 years) compared to conventional lamps
- Easy availability of LED lamps in various color combinations and high consumer interest
In Iraq, LED light use is also very prevalent. Due to the numerous wars and sanctions, this nation lacks the infrastructure necessary to supply electricity, which causes frequent power outages both during the day and at night. As a result, consumers prefer to use lamps because energy is so expensive. Use LEDs with minimal power consumption. Additionally, the sellers also advise purchasing LED lights with voltages of 40 to 60 watts, which account for more than 80% of those used in Iraq.
The following are the top sellers and suggestions for home lighting products, as determined by the findings of different studies: