Egypt LED Lighting Market to Reach US$ 532.3 Million by 2027, Exhibiting a CAGR of 4.5%

According to IMARC Group's latest report, titled "𝐄𝐠𝐲𝐩𝐭 𝐋𝐄𝐃 𝐋𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟐-𝟐𝟎𝟐𝟕", the Egypt LED lighting market reached a value of US$ 406.3 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 532.3 Million by 2027, exhibiting a CAGR of 4.5% during 2022-2027.

Light emission diode (LED) is a semiconductor device that produces light when electricity is passed through a microchip. It is a lighting system that offers several advantages, including low power consumption, compact size, minimum radiation emissions, high durability, and low heat output.
When compared with standard light bulbs, these lights have higher efficiency, which is why incandescent and fluorescent lights are now replaced with LED lighting systems. In Egypt, LED lighting systems are witnessing a massive demand across hospitals, educational institutes, retail centers, and residential buildings.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/egypt-led-lighting-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

𝐄𝐠𝐲𝐩𝐭 𝐋𝐄𝐃 𝐋𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The rising consumer awareness regarding the availability of energy-efficiency lighting systems represents one of the primary factors creating a positive outlook for the market in Egypt. The growing environmental consciousness and the surging number of modern housing projects are further bolstering the market growth.
Additionally, the Politics of Egypt is undertaking various initiatives to reduce carbon emissions, which, in turn, is accelerating the market growth. 

Moreover, the inflating consumer per capita income has surged the expenditure of high-end home decor items, such as LED-based table lamps, floor lights, and pendant lights, which is positively contributing to the market growth. Other factors, such as increasing installations of LED lighting systems in commercial spaces and rising cost-efficiency of LED lighting, are boosting the market growth.

𝐘𝐨𝐮 𝐜𝐚𝐧 𝐛𝐮𝐲 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐝𝐢𝐫𝐞𝐜𝐭𝐥𝐲 (𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐨𝐟𝐟𝐞𝐫 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭): https://www.imarcgroup.com/checkout?id=3285&method=1

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:

The competitive landscape of the industry has also been examined with some of the 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.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The report has categorized the market based on product type, application, end-user, import and domestic and distribution channel.

Breakup by Product Type:
• LED Lamps and Modules
• LED Fixtures

Breakup by Application:
• Residential
• Commercial
• Industrial
• Others

Breakup by End-User:
• Indoors
• Outdoors

Breakup by Import and Domestic:
• Import
• Domestic

Breakup by Distribution Channel:
• Online
• Offline

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/request?type=report&id=3285&flag=C

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:

Led Lighting Market: https://www.imarcgroup.com/led-manufacturing-plant

Smart Lighting Market: https://www.imarcgroup.com/smart-lighting-market

Architectural Lighting Market: https://www.imarcgroup.com/architectural-lighting-market

Disconnect Switch Market: https://www.imarcgroup.com/disconnect-switch-market

Smart Irrigation Market: https://www.imarcgroup.com/smart-irrigation-market

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This release was published on openPR.