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Halogen bulbs, considered to be the efficient version of energy-inefficient traditional incandescent bulbs witnessed impressive growth over the last decade, driven primarily by the replacement opportunities offered as a result of phasing out of incandescents. The share of halogen bulbs in the global lighting market is expected to shrink over the next few years. As stated by the new market research report, that profiles 84 companies, Western Europe and the United States dominate the market worldwide. Asia-Pacific, which emerged as a key market over the past decade, is projected to witness a CAGR of 6.6% over the analysis period.