Egypt LED Lighting Market Size to Reach US$ 532.3 Million by 2027, Exhibiting a CAGR of 4.5%
Egypt LED lighting market size to reach US$ 532.3 Million by 2027, exhibiting a CAGR of 4.5% during 2022-2027.
BROOKLYN, NEW YORK, UNITED STATES, February 14, 2023 /EINPresswire.com/ -- According to IMARC Groupโs latest report, titled โ๐๐ ๐ฒ๐ฉ๐ญ ๐๐๐ ๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐โ, the Egypt LED lighting market size 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) refers to any sort of semiconductor device that produces light when an electric current passes through a microchip. It is considered as the most efficient lighting technology with associated benefits, such as compact size, high durability, low heat output, minimum radiation emissions, and lesser power consumption. These lighting systems are extensively installed across residential buildings, hospitals, retail centers, education institutions in Egypt.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐ ๐ซ๐๐ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/egypt-led-lighting-market/requestsample
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
๐๐ ๐ฒ๐ฉ๐ญ ๐๐๐ ๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The extensive application of LED lighting in the construction sector represents one of the key factors driving the market growth in Egypt. In addition to this, the introduction of product variants with features, such as occupancy sensors, Wi-Fi, and daylighting, are facilitating product sales, which is acting as another major growth-inducing factor. The market is also being driven by the rising need for energy-efficient lighting solutions and reducing the overall electricity bills.
The rising urbanization and an increasing number of housing projects are further contributing to the market growth. Other factors, such as the rising environmental consciousness and the easy product availability across both the offline and online retail at affordable price points, along with rising consumer expenditure capacities, are creating a positive outlook for the LED lighting market in the country.
๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: 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.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
The competitive landscape of the industry has also been examined with some of the key players.
โข 3Brothers For Lighting & Engineering
โข Aimex
โข Delta Egypt Lighting
โข EGREEN
โข EM-Electrical
โข Evergreen Solar Inc.
โข Inter IKEA Systems B.V.
โข Koninklijke Philips N.V.
โข Siraj Lighting Company.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The report has categorized the market based on product type, application, end-user, import and domestic and distribution channel.
Breakup by Product Type:
โข LED Lamps and Modules
โข LED Fixtures
Breakup by Application:
โข Residential
โข Commercial
โข Industrial
โข Others
Breakup by End-User:
โข Indoors
โข Outdoors
Breakup by Import and Domestic:
โข Import
โข Domestic
Breakup by Distribution Channel:
โข Online
โข 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
๐๐๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
โข Market Performance (2016-2021)
โข Market Outlook (2022-2027)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข 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.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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