Forecast of Global Trunking System Players Market 2023

Global Trunking System Market will register a 7.6% CAGR in terms of revenue, reach US$ 160 million by 2023, from US$ 100 million in 2017. Trunking System here refers to LED Trunking Systems. Trunking System is an energy‐efficient, low maintenance alternative to traditional linear fluorescent in a variety of industrial, commercial and light assembly applications. It is the optimal solution for conventional lighting systems and also excellent for new installations due to its low installation cost ‐ everything in one box and installation is tool‐less.