East Africa LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

East Africa LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

  • June 2019 •
  • 112 pages •
  • Report ID: 5783196 •
  • Format: PDF
East Africa LED market reached a value of US$ 482.4 Million in 2018. 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. This 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. Looking forward, the analyst expects the market to reach a value of US$ 968.1 Million by 2024, exhibiting at a CAGR of around 12% during 2019-2024.

Report Scope

Market Breakup by Country

Kenya
Tanzania
Uganda
Ethiopia
Others

Market Breakup by Application

Commercial
Industrial
Residential
Others

Market Breakup by Product Type

Street Lights
LED Bulbs
Panels
Others

Market Breakup by Distribution Channel

Retail Stores
Supermarkets/Hypermarkets
Specialty Stores
Others

Competitive Landscape:
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.

Key Questions Answered in This Report:
How has the East Africa LED Lighting market performed so far and how will it perform in the coming years?
What are the key regional markets in the East Africa LED lighting industry?
Which are the key applications in the East Africa LED Lighting market?
Which are the key product types in the East Africa LED Lighting market?
Which are the major distribution channels in the East Africa LED Lighting market?
What are the various stages in the value chain of the East Africa LED Lighting market?
What are the key driving factors and challenges in the East Africa LED Lighting market?
What is the structure of the East Africa LED Lighting market and who are the key players?
What is the degree of competition in the East Africa LED Lighting market?