Egypt LED Lighting Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities 2022-2027 – Political Beef – Political Beef

April 18, 2022 by No Comments

According to IMARC Group’s latest report, titled “Egypt LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the market reached a value of US$ 406.3 Million in 2021. A light-emitting diode (LED) is a semiconductor component that generates visible light when an electric current transmits through it. As compared to incandescent bulbs and compact fluorescent lamps (CFLs), LED lighting solutions offer various benefits, including energy efficiency, longer lifespan, high brightness and intensity, low radiated heat and directional illumination. In Egypt, these solutions are employed to illuminate retail centers, education institutions, residential buildings and hospitals.

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A rapid rise in energy consumption and the rising demand for energy-efficient lighting solutions are primarily driving the Egypt LED lighting market. Other than this, the Government of Egypt has been making efforts to escalate the installation of LED lights across the country, which is further supporting the market growth. It is upgrading the country’s lighting system by replacing traditional lightings with energy-efficient LED products in government buildings and residential and commercial spaces. Moreover, the market growth is being positively influenced by the increasing establishment of manufacturing plants with LED lighting solutions in the country. Looking forward, IMARC Group expects the Egypt LED lighting market to reach US$ 532.3 Million by 2027, exhibiting a CAGR of 4.5% during 2022-2027.

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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
  • Aimex
  • Delta Egypt Lighting
  • EGREEN
  • EM-Electrical
  • 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:

  • Residential
  • Commercial
  • Industrial
  • Others

Breakup by End-User:

Breakup by Import and Domestic:

Breakup by Distribution Channel:

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Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                    

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • 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.

Related Reports by IMARC Group:

United States Probe Station Market: https://www.imarcgroup.com/united-states-probe-station-market</…….

Source: https://politicalbeef.co.uk/2022/04/egypt-led-lighting-market-trends-and-dynamics-drivers-competitive-landscape-and-future-opportunities-2022-2027/

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