Egypt LED Lighting Market Growth, Upcoming Trends, Companies Share, Structure and Regional Analysis by 2021-2026 – The Sabre – The Sabre
According to IMARC Group’s latest report, titled “Egypt LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market exhibited strong growth during 2015-2020. Light emission diode or LED is a lighting system, which consists of a semiconductor device that emits light when electricity is passed through a microchip. The products offer umpteen advantages, which include high durability, compact size, minimum radiation emissions, low heat output, and low power consumption. LED lights also exhibit higher efficiency when compared with conventional light bulbs. Currently, fluorescent and incandescent lights are increasingly being replaced with LED lighting across retail centers, residential buildings, hospitals, and educational institutes in Egypt.
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The increasing number of modern housing projects and the cost-efficiency of LED lighting are key factors driving the market growth in Egypt. Additionally, the rising awareness regarding the availability of energy-efficient lighting systems and increasing environmental consciousness are contributing to the market growth. Moreover, the growing number of modern housing projects, increasing standard of living, and stringent government regulations to reduce carbon emissions are factors creating a positive outlook for the market in Egypt. Looking forward, IMARC Group expects the Egypt LED lighting market to continue its strong growth during 2021-2026.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- 3Brothers For Lighting & Engineering
- Delta Egypt Lighting
- Evergreen Solar Inc.
- Inter IKEA Systems B.V.
- Koninklijke Philips N.V.
- Siraj Lighting Company.
Breakup by Product Type:
- LED Lamps and Modules
- LED Fixtures
Breakup by Application:
Breakup by End-User:
Breakup by Import and Domestic:
Breakup by Distribution Channel:
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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