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Get detailed insights regarding the impact of COVID-19 on the market.
According to the estimates by IMARC Group, the Egypt LED lighting market is expected to witness a strong growth during 2021-2026.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the country resulting in temporary closure of numerous production units and disruptions in supply chain of LED lights.
The increasing demand for energy-efficient lighting systems and significant decline in the price of LEDs represent some of the key drivers for the Egypt LED lighting market.
The Egyptian government is focusing on standardization programs for proper illumination in mills and warehouses to ensure workforce safety, thereby representing one of the key trends in the Egypt LED lighting market.
On the basis of the application, the market has been segregated into residential, commercial, industrial, and others. Among these, the residential sector represents the largest application.
On the basis of the import and domestic, the market has been divided into import and domestic. At present, import accounts for the majority of the market share.
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