PUBLISHER: IMARC | PRODUCT CODE: 1450888
PUBLISHER: IMARC | PRODUCT CODE: 1450888
The East Africa LED lighting market size reached US$ 811.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,944.1 Million by 2032, exhibiting a growth rate (CAGR) of 14.9% during 2024-2032.
The market is currently being driven by several factors such as strong government support, declining prices of LED products, infrastructure growth, rising consumer awareness, etc. IMARC Group's latest report provides a detailed insight into the East Africa LED lighting market covering a comprehensive analysis on Kenya, Tanzania, Uganda, Ethiopia and other East African markets. The report finds that Kenya is currently the largest market for LED products in the region. A key reason behind this is that Kenya has the highest electricity access rate in East Africa with total access being an estimated 75% from both grid and off-grid solutions. The report has also analysed the market in terms of application and has found that out of commercial, industrial, residential and other application sectors, the commercial sector accounts for the largest share. Based on the product type, the report found that street lights accounted for the largest market share. Other major products types were LED bulbs and LED panels. The report has also analysed the key distribution channels for LED products in East Africa and has found that LED products are mainly distributed through retail stores in the region.
IMARC Group provides an analysis of the key trends in each segment of the East Africa LED lighting market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on application, product type and distribution channel.
Ethiopia
Kenya
Tanzania
Uganda
Sudan
Rwanda
Others
Commercial
Industrial
Residential
Others
LED Bulbs
LED Lanterns and Torches
LED Solar Panels and Fixtures
LED Street Light
Others
Retail Stores
Supermarkets/Hypermarkets
Specialty Stores
Others
The report has also analysed the competitive landscape of the East Africa LED lighting market along with the profiles of the key players operating in the market.