The development of LED lighting, OLED lighting and display in the African continent is actually quite fast, which is more than the average person's perception. In 2015, Africa's LED, OLED display and lighting market output value has reached $685 million. The composite growth rate (CAGR) from 2016 to 2026 is expected to be 17.8%. Because of the gradual warming of policy support, the new LED lighting government signs are gradually emerging, which together support the growth of the African lighting market. The IFC Lighting and the World Bank launched the Lighting Africa project to grow steadily. This is the benefit of energy saving in Africa's electricity market through the lighting of Africa, which brings positive stimulation to the African lighting market. In addition, the growth of African LED backlight with LCD panels and OLED display market is mainly due to the gradual increase of smart phone users, and consumers are also more willing to spend more on TV related services. At the same time, the life of LED lighting products has been extended for about fifty thousand hours. Compared with traditional bulbs and cold cathode tube lamps, LED lighting products have the following advantages: higher efficiency, less power consumption, longer life, more environmental protection, durable, less hot, less space. Indoor and outdoor LED lighting has strong growth power. If the market is divided, the African LED and OLED market will be classified according to the display and lighting products. The display part can be divided into mobile device display, consumer TV, outdoor LED display /LED display. The parts of lighting products can be divided into two categories: product category and application type. Product categories can be divided into LED bulbs, LED lamps, LED fixtures, and solar LED lighting. As for other applications, they can be divided into street lamps, down lights, courtyard lighting, ceiling lamps, decorative and portable lighting, and other types. Future Market Insights, a research firm, said that the current market focus in Africa was 130 million in the year 2015, and the composite growth rate was expected to reach 18.8% in 2026 years. On the other hand, because of the gradual development of off-grid in the African market, it will help the development of the consumer TV market in the rural areas of Africa. As for lighting, the total market value of LED bulbs came to US $194 million in the African LED market in 2015. It is estimated that in the 2026 years, the annual composite growth rate of solar LED lighting market is expected to reach 28.6%. In terms of product application, street lamps accounted for the highest proportion of African lighting market in 2015, up to 37.6%. The regional outlook is the largest in the LED, OLED display and lighting market of key African countries in 2015. This is mainly due to the gradual development of NNP telecommunications infrastructure and network governance. At the same time, this factor will also promote the penetration of smart phones in Nye. Manufacturers of key African manufacturers in Africa's LED, OLED display and lighting market, including the US LED big plant CREE (Cree), Samsung Electronics, GE lighting, SHARP, OSRAM, Dakota electronics, Eaton, Le King display, Belgian Barker, Luceco Ltd, LED Lighting SA, Eagle Eagle and so on. It is a market with great potential. (LEDinside: Janet) Note 1: key countries in Africa: Nei and Leah, clothing, Sobia, Egypt, Congo, South Africa, Tanzania, Kenya, Algeria, Sultan, Morocco, Nigeria, Tunisia, Gabon.
Contact: mack
Phone: 13332979793
E-mail: mack@archled.net
Add: 3rd Floor, Building A, Mingjinhai Second Industrial Zone, Shiyan Street, Baoan, Shenzhen,Guangdong,China