Egypt LED Lighting Market Growth, Size, Trends, Demand, Revenue, Share and Future Competition
Egypt LED Lighting Market Size- By Product Type, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2023 | Report ID: IACT23167 | Pages: 1 - 101 | Formats*: |
| Category : Information & Communications Technology | |||
Egypt LED Lighting Market Introduction and Overview
According to SPER Market Research, the Egypt LED Lighting Market is estimated to reach USD 690.30 billion by 2033 with a CAGR of 4.52%.
The report includes an in-depth analysis of the Egypt LED Lighting Market, including market size and trends, product mix, Applications, and supplier analysis. A semiconductor component of a light emission diode (LED) lighting system emits light when an electric current is run through a microchip. Numerous benefits come with LED lighting solutions, including their small size, great durability, low heat production, low radiation emissions, and lower power usage. Additionally, LED lighting systems are replacing incandescent and fluorescent lighting because they are more energy-efficient than traditional light bulbs. These lighting systems are commonly used in residential buildings, shopping malls, hospitals, academic institutions, etc. in Egypt.
- 2021: A memorandum of understanding (MOU) between Siraj Lighting and the Electronics Research Institute (ERI) and Industrial Modernization Centre (IMC) was signed in 2021. The goal of the MoU is to deliver cutting-edge lighting solutions with the best technology to the local market through R&D.
- 2019: 2019 saw the implementation of Philips' new company name, Signify, in Egypt. Additionally, the business collaborated with the Egyptian Ministry of Antiquities to install more than 600 LED lights, 80 floodlights, and 80 uplights to brighten Cairo's Mohamed Ali Palace.
-005383011102023.jpg)
Market Opportunities and Challenges
Opportunities: Growing demand for smart lighting solutions: LED lighting producers have a lot of opportunities as a result of the growing popularity of smart home technology. Smart lighting solutions enhance convenience and energy economy by providing features like remote control, dimming capability, and voice assistant integration. Projects involving the development of infrastructure: Egypt's emphasis on infrastructure development, which includes the installation of new structures, highways, and industrial facilities, generates a significant need for lighting options. Manufacturers of LED lighting can take advantage of this chance by offering affordable and energy-efficient lighting alternatives.
Challenges: High initial outlay: Despite the long-term cost reductions offered by LED lighting, traditional lighting solutions may be more expensive to buy when compared to LED products. Some consumers may be discouraged from switching to LED lighting due to the expense.
Counterfeit and low-quality products: Products that are counterfeit and of poor quality are abundant on the market for LED lighting. These inferior goods might not meet the necessary quality requirements, which would result in subpar performance and shorter lifespans. The availability of such products may make customers sceptical.
-005530911102023.jpg)
Market Competitive Landscape
Egypt's LED lighting market is characterised by fierce competition between local and foreign firms. Major lighting producers, distributors, and retailers are important market players. To obtain a competitive edge, businesses are concentrating on product differentiation, aggressive pricing, and marketing tactics. Market penetration also heavily relies on partnerships and collaborations with infrastructure developers and governmental organisations. The major players in the market include: 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, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Application, By End User |
| Regions covered | The Western Desert, The Eastern Desert, The Sinai Peninsula, The Nile Valley, The Delta |
| Companies Covered | 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, Others |
COVID-19 Impact on Egypt LED Lighting Market
The COVID-19 epidemic has affected Egypt's market for LED lighting in both positive and negative ways. Positively, the epidemic has raised awareness of the value of cleanliness and hygiene, which has led to a greater emphasis on well-lit environments. Since then, the capability of LED lighting to deliver excellent illumination while lowering the risk of contamination has been acknowledged. The epidemic has however also caused supply chain interruptions and decreased economic activity, which have hampered market expansion. Due to limitations and economic ambiguity, the building industry, a key driver of the LED lighting business, experienced a pause. However, the LED lighting market is anticipated to revive and expand as the economy becomes better and economic activity picks back up.
Key Target Audience
- Architects and Lighting Designers
- Automotive Industry
- Commercial and Industrial Sectors
- Environmental and Sustainability Advocates
- Government and Municipalities
- Healthcare and Education Institutions
- Hospitality Industry
- Residential Consumers
- Retailers
- Technology and Electronics Companies
- Others
Our in-depth analysis of the Egypt LED Lighting Market includes the following segments:
| By Product Type: |
|
| By Application: |
|
| By End User: |
|
Key Topics Covered in the Report
- Egypt LED Lighting Market Size (FY’2023-FY’2033)
- Overview of Egypt LED Lighting Market
- Segmentation of Egypt LED Lighting Market By Product Type (LED Fixtures, LED Lamps and Modules, Luminaries)
- Segmentation of Egypt LED Lighting Market By Application (Commercial, Industrial, Residential, Others)
- Segmentation of Egypt LED Lighting Market By End User (Indoors, Outdoors)
- Statistical Snap of Egypt LED Lighting Market
- Expansion Analysis of Egypt LED Lighting Market
- Problems and Obstacles in Egypt LED Lighting Market
- Competitive Landscape in the Egypt LED Lighting Market
- Impact of COVID-19 and Demonetization on Egypt LED Lighting Market
- Details on Current Investment in Egypt LED Lighting Market
- Competitive Analysis of Egypt LED Lighting Market
- Prominent Players in the Egypt LED Lighting Market
- SWOT Analysis of Egypt LED Lighting Market
- Egypt LED Lighting Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Egypt LED Lighting Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Egypt LED Lighting Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Egypt LED Lighting Market
7. Egypt LED Lighting Market, By Product Type (USD Million)
7.1. Egypt LED Lighting Market Value Share and Forecast, By Product Type, 2023-20337.2. LED Fixtures7.3. LED Lamps and Modules7.4. Luminaries
8. Egypt LED Lighting Market, By Application (USD Million)
8.1. Egypt LED Lighting Market Value Share and Forecast, By Application, 2023-20338.2. Commercial8.3. Industrial8.4. Residential8.5. Others
9. Egypt LED Lighting Market, By End User (USD Million)
9.1. Egypt LED Lighting Market Value Share and Forecast, By End User, 2023-20339.2. Indoors9.3. Outdoors
10. Egypt LED Lighting Market Forecast, 2019-2033 (USD Million)
10.1. Egypt LED Lighting Market Size and Market Share
11. Egypt LED Lighting Market, By Product Type, 2019-2033 (USD Million)
11.1. Egypt LED Lighting Market Size and Market Share By Product Type (2019-2026)11.2. Egypt LED Lighting Market Size and Market Share By Product Type (2027-2033)
12. Egypt LED Lighting Market, By Application, 2019-2033 (USD Million)
12.1. Egypt LED Lighting Market Size and Market Share By Application (2019-2026)12.2. Egypt LED Lighting Market Size and Market Share By Application (2027-2033)
13. Egypt LED Lighting Market, By End User, 2019-2033 (USD Million)
13.1. Egypt LED Lighting Market Size and Market Share By End User (2019-2026)13.2. Egypt LED Lighting Market Size and Market Share By End User (2027-2033)
14. Egypt LED Lighting Market, By Region, 2019-2033 (USD Million)
14.1. Egypt LED Lighting Market Size and Market Share By Region (2019-2026)14.2. Egypt LED Lighting Market Size and Market Share By Region (2027-2033)14.3. The Western Desert14.4. The Eastern Desert14.5. The Sinai Peninsula14.6. The Nile Valley14.7. The Delta
15. Company Profile
15.1. 3Brothers For Lighting & Engineering
15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments
15.2. Aimex
15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments
15.3. Delta Egypt Lighting
15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments
15.4. EGREEN
15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments
15.5. EM-Electrical
15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments
15.6. Evergreen Solar Inc.
15.6.1. Company details
15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments
15.7. Inter IKEA Systems B.V.
15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments
15.8. Koninklijke Philips N.V
15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments
15.9. Siraj Lighting Company
15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments
15.10. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Egypt LED Lighting Market is projected to reach USD 690.30 billion by 2033, growing at a CAGR of 4.52% during the forecast period.
Egypt LED Lighting Market grew in market size from 2022. The Market is expected to reach USD 690.30 billion by 2033, at a CAGR of 4.52% during the forecast period.
Egypt LED Lighting Market CAGR of 4.52% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Egypt LED Lighting Market size is USD 690.30 billion from 2023 to 2033.
Egypt LED Lighting Market Segment is covered By Product Type, By Application, By End User.
The Middle East is anticipated to have the highest market share in the Egypt LED Lighting Market.
The key players in the market include Companies Covered 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, Others.
A semiconductor component of a light emission diode (LED) lighting system emits light when an electric current is run through a microchip.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
