Report

Egypt LED Lighting Market Report and Forecast

167 pages Sep 2024
Egypt LED Lighting Market Repo

Egypt LED Lighting Market Report and Forecast 2032

Egypt LED Lighting Market - By Product Type (LED Lamps and Modules, LED Fixtures), By Application (Residential, Commercial, Industrial, and Others), By End-User (Indoors, Outdoors)..., By Source (Import, Domestic), By Sales Channel (Online, Offline), and Others Read more

  • Energy & Natural Resources
  • Pages : 167
  • Sep 2024
  • Report Format :  

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Egypt LED Lighting Market Insights & Analysis

The Egypt LED Lighting Market is anticipated to register a CAGR of around 4% during the forecast period, i.e., 2024-32. The market is growing at an exponential rate owing to energy efficiency, government initiatives, and greater consumer awareness. A semiconductor device that creates light when an electric current passes through a microchip is part of an LED lighting system. Several benefits come with LED lightning goods, such as their small size, great durability, low heat output, low radiation emissions, and lesser power usage.

Additionally, LED lighting systems are replacing fluorescent & incandescent lighting due to their superior efficiency when compared to traditional light bulbs. These lighting systems are extensively deployed in Egyptian homes, shopping malls, medical facilities, educational institutions, etc. The primary aspects driving the country’s market growth are the rising demand for energy-efficient lighting systems and the notable drop in LED prices.

Furthermore, the increasing rates of urbanization & the growth in the quantity of contemporary housing developments are driving the use of LED lighting systems. Moreover, the rising cost of luxury home décor items, such as floor lamps, pendant lights, table lamps, and LED-based floor lamps is a result of Egypt’s growing consumer living standards. In addition, the upgrading number of LED lighting systems being installed in commercial areas for projectors, downlights, reflectors, and other purposes is propelling the expansion of the market across the country.

Moreover, LED lighting systems have replaced incandescent bulbs owing to the adoption of favorable government policies aimed at lowering carbon emissions. Also, the Egyptian government is consistently emphasizing standardization initiatives for adequate lighting in warehouses & mills in order to guarantee worker safety, which is driving up the demand for LED lights across the industrial sector as well. Along with this, the government’s increasing efforts in reducing peak power demand & total power consumption would aid in upscaling the Egypt LED Lighting Market in the following years.

GCC Electric Vehicle Market FY32

Description of Image
  • Study Period: 2024- 2032

  • Base Year: 2022

  • CAGR(2024-2032): 4%

  • Market Value 2024: XX

  • Major Players: 3Brothers For Lighting & Engineering, Aimex, Delta Egypt Lighting, EGREEN, EM-Electrical, Koninklijke Philips N.V, Siraj Lighting Company, Others

Egypt LED Lighting Market Dynamics

  • Rising Demand for Smart Lighting Solutions to Add up to the Egypt LED Lighting Market Revenue Growth

The rising demand for smart home technology presents numerous opportunities for manufacturers of LED lighting. With features like voice assistant integration, dimming functionality, and remote control, smart lighting systems improve convenience & energy efficiency. Initiative for the construction of infrastructure, Egypt places a great deal of attention on developing its infrastructure, which includes constructing buildings, roads, and industrial facilities.  Hence, this creates a huge demand for lightening solutions. Furthermore, LED lighting producers can capitalize on this profitable opportunity by offering reasonably priced & energy-efficient lighting solutions.

  • High Initial Cost & Presence of Low-quality or Counterfeit Products to Hamper the Market

When considering purchasing options, traditional lighting solutions may be costlier than LED products, even with the long-term cost savings provided by LED illumination. As LED lighting can be expensive, some consumers might be deterred from buying them, which would restrict the market growth. Additionally, there is a presence of counterfeit & low-quality LED lights in the market, and the sellers are selling them at a lower cost. However, these low-quality products might not live up to the required standards of quality, leading to poor performance & shortened lives. Hence, the existence of such items could cause consumers to become suspicious & lose faith in the original brands, further hindering the Egypt LED Lighting Industry.


Egypt LED Lighting Market Report and Forecast 2032

Egypt LED Lighting Market Segment-wise Analysis

By Product Type:

  • LED Lamps & Modules
  • LED Fixtures
  • Luminaries

During the forecast period, the LED Fixtures segment is predicted to capture the largest share of the Egypt LED Lighting Market. With nearly 72% to 80% cost saving, LED fixtures are designed to last up to 25 times longer than conventional bulbs like halogen, and 8 to 10 times longer than CFL. Also, some of the major companies in the Egypt LED Lighting Market, including 3Brothers For Lighting & Engineering, 7Lights Company, and others provide these LED light types across the country.

By End User:

  • Outdoor Lighting
  • Indoor Lighting

The Indoor Lighting segment is envisioned to lead the Egypt LED Lighting Market, by capturing the potential market share during 2024-32. The rising cost of high-end home décor goods, such as floor lights, table lamps, and pendant lights with LED bases, has been driven by rising living standards. Furthermore, the country’s need for interior lighting has escalated owing to the growing urbanization & new housing patterns. This, in turn, would aid in creating a demand for more and more indoor lighting, thereby infusing the market expansion.

What Does Our Egypt LED Lighting Market Research Study Entail?

  • Egypt LED Lighting Market Research Report highlights the forecast growth rate or CAGR by anticipating the market size & share.
  • The market analysis puts light upon the primary industry trends, driving aspects, potential opportunities, growth challenges, and other major factors.
  • Egypt LED Lighting Market Research Report entails details about the most critical shifts in market share in the prominent regions.
  • Considering the statistics & the developments by the primary market competitors, our report also strives to demonstrate the most sought-after strategies of the key players.


Table of Contents

  1. Introduction
    1. Objective of the study
    2. Product Definition
    3. Market Segmentation
    4. Study Variables
  2. Research Methodology
    1. Secondary Data Points
      1. Companies Interviewed
    2. Primary Data Points
      1. Break Down of Primary Interviews
  3. Executive Summary
  4. Market Dynamics
    1. Drivers
    2. Challenges
    3. Opportunity Assessment
  5. Recent Trends and Developments
  6. Policy and Regulatory Landscape
  7. Egypt LED Lighting Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Share, By Product Type
      1. LED Lamps and Modules
      2. LED Fixtures
      3. Luminaries
    3. Market Share, By Application
      1. Residential
      2. Commercial
      3. Industrial
      4. Others
    4. Market Share, By End-User
      1. Indoors Lighting
      2. Outdoors Lighting
    5. Market Share, By Source
      1. Import
      2. Domestic
    6. Market Share, By Sales Channel
      1. Offline
      2. Online
    7. Market Share, By Region
      1. Western Desert
      2. Eastern Desert
      3. Sinai Peninsula
      4. Nile Valley
      5. Delta
    8. Market Share, By Competitors
      1. Competition Characteristics
      2. Revenue Shares
  8. Egypt LED Lamps and Modules LED Lighting Market Overview, 2020-2032F
    1. By Value (USD Million)
    2. By Application- Market Size & Forecast 2019-2030, USD Million
    3. By End-User- Market Size & Forecast 2019-2030, USD Million
    4. By Source- Market Size & Forecast 2019-2030, USD Million
    5. By Sales Channel- Market Size & Forecast 2019-2030, USD Million
  9. Egypt LED Fixtures LED Lighting Market Overview, 2020-2032F
    1. By Value (USD Million)
    2. By Application- Market Size & Forecast 2019-2030, USD Million
    3. By End-User- Market Size & Forecast 2019-2030, USD Million
    4. By Source- Market Size & Forecast 2019-2030, USD Million
    5. By Sales Channel- Market Size & Forecast 2019-2030, USD Million
  10. Competitive Outlook (Company Profile - Partila List)
    1. 3Brothers For Lighting & Engineering
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    2. Aimex
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    3. Delta Egypt Lighting
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    4. EGREEN
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    5. EM-Electrical
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    6. Evergreen Solar Inc.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    7. Inter IKEA Systems B.V.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    8. Koninklijke Philips N.V
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    9. Siraj Lighting Company
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
  11. Contact Us & Disclaimer

Companies Mentioned

  • 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 

Frequently Asked Questions

   A. The Egypt LED Lighting Market is anticipated to witness a rise at a CAGR of around 4% during the forecast period, i.e., 2024-32.

   A. The rising demand for smart lighting solutions to act as a profitable opportunity for the Egypt LED Lighting Market through 2032.

   A. The high initial cost & presence of low-quality or counterfeit products to negatively impact the Egypt LED Lighting Market.

   A. The leading companies in the Egypt LED Lighting Market are 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