PUBLISHER: IMARC | PRODUCT CODE: 1378906
PUBLISHER: IMARC | PRODUCT CODE: 1378906
Egypt LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
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 4.4% during 2022-2028.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Egypt LED lighting market report, along with forecasts for the period 2023-2028. Our 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
Competitive Landscape:
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.
Key Questions Answered in This Report
- 1. What was the size of the Egypt LED lighting market in 2022?
- 2. What is the expected growth rate of the Egypt LED lighting market during 2023-2028?
- 3. What are the key factors driving the Egypt LED lighting market?
- 4. What has been the impact of COVID-19 on the Egypt LED lighting market?
- 5. What is the breakup of the Egypt LED lighting market based on the product type?
- 6. What is the breakup of the Egypt LED lighting market based on the application?
- 7. What is the breakup of the Egypt LED lighting market based on the end-user?
- 8. What is the breakup of the Egypt LED lighting market based on the import and domestic?
- 9. What is the breakup of the Egypt LED lighting market based on the distribution channel?
- 10. Who are the key players/companies in the Egypt LED lighting market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Egypt LED Lighting Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 LED Lamps and Modules
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 LED Fixtures
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Application
- 7.1 Residential
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Commercial
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Industrial
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by End User
- 8.1 Indoors
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Outdoors
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Import and Domestic
- 9.1 Import
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Domestic
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Distribution Channel
- 10.1 Online
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Offline
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
- 12.1 Overview
- 12.2 Primary Raw Material Suppliers
- 12.3 LED Chip Manufacturers
- 12.4 LED Package and Module Manufacturers
- 12.5 Lighting/Electronic/Automotive Products Manufacturers
- 12.6 Product Distribution/Export
- 12.7 End User
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 3Brothers For Lighting & Engineering
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Aimex
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Delta Egypt Lighting
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 EGREEN
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 EM-Electrical
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Evergreen Solar Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Inter IKEA Systems B.V.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Koninklijke Philips N.V
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Siraj Lighting Company
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.1 3Brothers For Lighting & Engineering
List of Figures
- Figure 1: Egypt: LED Lighting Market: Major Drivers and Challenges
- Figure 2: Egypt: LED Lighting Market: Sales Value (in Million US$), 2017-2022
- Figure 3: Egypt: LED Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 4: Egypt: LED Lighting Market: Breakup by Product Type (in %), 2022
- Figure 5: Egypt: LED Lighting Market: Breakup by Application (in %), 2022
- Figure 6: Egypt: LED Lighting Market: Breakup by End User (in %), 2022
- Figure 7: Egypt: LED Lighting Market: Breakup by Import and Domestic (in %), 2022
- Figure 8: Egypt: LED Lighting Market: Breakup by Distribution Channel (in %), 2022
- Figure 9: Egypt: LED Lighting (LED Lamps and Modules) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Egypt: LED Lighting (LED Lamps and Modules) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Egypt: LED Lighting (LED Fixtures) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Egypt: LED Lighting (LED Fixtures) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Egypt: LED Lighting (Residential) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Egypt: LED Lighting (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Egypt: LED Lighting (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Egypt: LED Lighting (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Egypt: LED Lighting (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Egypt: LED Lighting (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Egypt: LED Lighting (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Egypt: LED Lighting (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Egypt: LED Lighting (Indoors) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Egypt: LED Lighting (Indoors) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Egypt: LED Lighting (Outdoors) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Egypt: LED Lighting (Outdoors) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Egypt: LED Lighting (Import) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Egypt: LED Lighting (Import) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Egypt: LED Lighting (Domestic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Egypt: LED Lighting (Domestic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Egypt: LED Lighting (Online) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Egypt: LED Lighting (Online) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Egypt: LED Lighting (Offline) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Egypt: LED Lighting (Offline) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Egypt: LED Lighting Industry: SWOT Analysis
- Figure 34: Egypt: LED Lighting Industry: Value Chain Analysis
- Figure 35: Egypt: LED Lighting Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Egypt: LED Lighting Market: Key Industry Highlights, 2022 and 2028
- Table 2: Egypt: LED Lighting Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Egypt: LED Lighting Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Egypt: LED Lighting Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 5: Egypt: LED Lighting Market Forecast: Breakup by Import and Domestic (in Million US$), 2023-2028
- Table 6: Egypt: LED Lighting Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 7: Egypt: LED Lighting Market: Competitive Structure
- Table 8: Egypt: LED Lighting Market: Key Players
