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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. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Light emission diode (LED) lighting system includes a semiconductor device that emits light when the electric current is passed through a microchip. LED lighting products offer numerous advantages, including compact size, high durability, low heat output, minimum radiation emissions, and lesser power consumption. Furthermore, LED lights exhibit higher efficiency in comparison to conventional light bulbs, owing to which incandescent and fluorescent lights are being replaced by LED lighting systems. In Egypt, these lighting systems are widely installed across residential buildings, retail centers, hospitals, education institutions, etc.
The increasing demand for energy-efficient lighting systems along with a significant decline in the price of LEDs is primarily augmenting the market growth in the country. Additionally, the elevating levels of urbanization and the rising number of modern housing projects are also propelling the adoption of LED lighting systems. Furthermore, improving consumer living standards in Egypt have led to the increasing expenditures of high-end home decor items, including LED-based table lamps, pendant lights, floor lights, etc. Besides this, the growing installations of LED lighting systems in commercial spaces for reflectors, downlights, projectors, etc., are also catalyzing the market growth in the country. Additionally, the implementation of favorable government regulations for reducing carbon emissions has led to the replacement of incandescent bulbs with LED lighting systems. Furthermore, the Egyptian government is continuously focusing on standardization programs for proper illumination in mills and warehouses to ensure workforce safety, thereby augmenting the demand for LED lights in the industrial sector. In the coming years, the rising investments by the government to lessen the peak power demand and overall power consumption will continue to further drive the market for LED lighting systems in Egypt.
IMARC Group provides an analysis of the key trends in each sub-segment of the Egypt LED lighting market, along with forecasts for the period 2022-2027. Our report has categorized the market based on product type, application, end-user, import and domestic and distribution channel.
Breakup by Product Type:
Breakup by Application:
Breakup by End-User:
Breakup by Import and Domestic:
Breakup by Distribution Channel:
The competitive landscape of the industry has also been examined with some of the key players being 3Brothers For Lighting & Engineering, Aimex, Delta Egypt Lighting, EGREEN, EM-Electrical, Evergreen Solar Inc., Inter IKEA Systems B.V., Koninklijke Philips N.V. and Siraj Lighting Company.
|Base Year of the Analysis||2021|
|Segment Coverage||Product type, Application, End-User, Import and Domestic, Distribution Channel|
|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. and Siraj Lighting Company|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option|
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The Egypt LED lighting market was valued at US$ 406.3 Million in 2021.
We expect the Egypt LED lighting market to exhibit a CAGR of 4.5% during 2022-2027.
The rising number of modern housing projects, along with the increasing demand for energy-efficient
lighting systems, such as LED lights, is currently driving the Egypt LED lighting market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across the nation resulting in temporary closure of numerous manufacturing units and
disruptions in supply chain of LED lights.
Based on the product type, the Egypt LED lighting market can be segmented into LED lamps and
modules and LED fixtures. Currently, LED lamps and modules hold the largest market share.
Based on the application, the Egypt LED lighting market has been divided into residential, commercial,
industrial, and others. Among these, the commercial sector exhibits a clear dominance in the market.
Based on the end-user, the Egypt LED lighting market can be categorized into indoors and outdoors.
Currently, indoors account for the majority of the total market share.
Based on the import and domestic, the Egypt LED lighting market has been segregated into import and
domestic, where import currently holds the largest market share.
Based on the distribution channel, the Egypt LED lighting market can be bifurcated into online and
offline. Currently, offline exhibits a clear dominance in the market.
Some of the major players in the Egypt LED lighting 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., and Siraj Lighting Company.
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