Product Maintenance

The benefit policy support is rising and the standard case is pouring out, and the lighting market in Africa is growing rapidly

The development of LED lighting, OLED lighting and display in the African continent is quite rapid, exceeding the general perception. In 2015, the output value of the LED, OLED display and lighting market in Africa has reached $685 million. The annual compound growth rate (CAGR) is expected to be 17.8% from 2016 to 2026. As the policy support is increasing, the new LED lighting government bid is coming out, which together support the growth of the African lighting market. In the steady growth of the IFC and the world bank's Lighting Africa project, this is through LED lighting, allowing the electricity shortage in Africa to benefit from energy saving, which also stimulates the African lighting market. In addition, the LED backlighting and OLED display panels in Africa have grown up because of the increasing number of smart phone users and consumers are becoming more willing to increase their spending on television related services. At the same time, the life of LED lighting products has been prolonged, up to about fifty thousand hours. Compared to traditional bulbs and cold cathode tube lamps, LED lighting products have the following advantages: higher efficiency, less power consumption, longer life, more environmentally friendly, durable, less perm, less space and so on. Indoor and outdoor LED lighting growth force is strong if the market is separated, and the LED and OLED markets in Africa are classified according to the display and lighting products. The part of the display can be divided into action device display, consumer TV, and outdoor LED display /LED display. The part of the lighting product can be divided into product category and two kinds of application. Product categories can be divided into LED bulbs, LED lamps, LED fixtures, and solar LED lighting. As for the application of other parts, it can be divided into street lamps, tube lights, courtyard lighting, ceiling light, decorative and portable lighting, and other types. Future Market Insights, a research firm, said that the focus of the current market in Africa is that the market size of consumer television in 2015 was 130 million dollars. It was estimated that in 2026 years, the annual growth rate would come to 18.8%. On the other hand, this will contribute to the development of the consumer television market in rural areas of Africa because of the gradual development of off-grid's solar power generation outside the African market. As for the 2015 LED market in Africa, the overall market value of LED bulbs came to $194 million. By 2026, the annual growth rate of the solar LED lighting market is expected to be up to 28.6%. In terms of product applications, the 2015 street lamps accounted for the highest proportion of the African lighting market, up to 37.6%. In the LED, OLED display and lighting market of key African countries (Note 1) in 2015, Nai and Leah accounted for the largest proportion. It is mainly because of the gradual development of the basic equipment and network governance of NNU Telecom. At the same time, this factor will also promote the penetration of smart phones in Nai. Manufacturers of African market key manufacturers in Africa's LED, OLED display, lighting market, including American LED CREE (Cree), Samsung Electronics, GE lighting, SHARP, OSRAM, Dako electronics, Eaton, music display, Belgian Barco, Luceco Ltd, LED Lighting SA, Eagle Lighting and so on It is a market with great potential for development. (LEDinside, Janet) Note 1: key countries in Africa: Nai and Leah, garment Sobia, Egypt, Congo, South Africa, Tanzania, Kenya, Algeria, Sultan, Morocco, Nigeria, Tunisia, Gabon.

Scan the qr codeclose
the qr code