Egypt LED Lighting Market Size US$ 553.4 Million by 2028, Exhibiting a Growth Rate (CAGR) of 4.3% | Forecast Report

According to IMARC Group's latest report, titled "𝐄𝐠𝐲𝐩𝐭 𝐋𝐄𝐃 𝐋𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖", the Egypt LED lighting market size reached US$ 427.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 553.4 Million by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.

Light emission diodes or LED lighting systems represent semiconductor devices that emit light when the electric current passes through a microchip illuminating the tiny light sources. They are commonly categorized into lamps, modules, fixtures, and other product categories. These LED lighting products offer multiple advantages, such as higher durability, compact size, low heat output, reduced power consumption, minimum radiation emissions, etc. They even exhibit higher efficiency in comparison to conventional light bulbs. As a result, LED lighting solutions find extensive applications across several sectors in Egypt, including healthcare, residential, education, commercial, industrial, etc.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/egypt-led-lighting-market/requestsample

Egypt LED Lighting Market Trends:

The escalating demand for energy-efficient and cost-effective lighting systems is primarily driving the Egypt LED lighting market. In addition to this, the growing urbanization and the increasing number of modern housing projects are acting as significant growth-inducing factors. Furthermore, the shifting consumer preferences toward high-end home decor items, which include LED-based table lamps, floor lights, and pendant lights, and the emerging trend of installing LED lights in commercial spaces for reflectors, projectors, downlights, etc., are also positively influencing the market across the country. Apart from this, the implementation of numerous stringent regulations by government bodies aimed at reducing carbon emissions and the escalating focus of regulatory authorities on standardization programs of replacing incandescent bulbs with LED lighting systems for proper illumination in mills and warehouses are further bolstering the Egyptian market. Moreover, the inflating need for decreasing the peak power requirements and overall power consumption is expected to fuel the Egypt LED lighting market over the forecasted period.

𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=3285&method=1

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

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

Key Highlights of The Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• 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:

Architectural Lighting Market: https://bit.ly/3g0qnak

Led Lighting Market Report: https://bit.ly/3Hb1YZL

Smart Lighting Market Report: https://bit.ly/41zKcrt

Grow Light Market Report: https://bit.ly/4400FXi

Media Contact:

Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com/

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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