Egypt LED Lighting Market

Egypt LED Lighting Market Size & Insights

Egypt LED Lighting Market size is forecast to grow at a CAGR of 7.1% between 2025 and 2032 primarily owing to growing focus on energy efficiency & sustainability, rapid urbanization and growth in infrastructure development, failing prices of led & energy saving, increasing cost of electricity across residential, commercial and industrial customers will lead to increasing demand for energy efficiency solutions, rising government initiatives encouraging the adoption of led lights, rapid adoption of smart lighting systems.

Egypt LED Lighting Market Trends

The LED lighting industry is developing speedily with continuous technological innovations, resulting in advanced effectiveness, extremely high-light quality, and developed features. The different variety of LED lighting choices, including smart and connected lighting systems, is fascinating to customers and propelling market growth.

Smart lighting systems offer wireless control, customizable, and automation lighting settings, improving both closeness and energy effectiveness. In addition, features such as motion sensors, remote control, and dimming capabilities via mobile apps are being incorporated into LED lighting systems, improving their complete functionality and appearance.

Continuous innovations in LED technology, including improved effectiveness and developed color rendering, are predicted to propel the market growth. Producers are unremittingly innovating, attempting to advance LED products with superior features and performance, underwriting the industry’s progress.

The importance of conserving energy and decreasing inefficient lighting is propelling a transformative move. The prevalent embrace of light-emitting diode technology, coupled with deducting illumination package costs, as well as trends such as adjustable white light, dynamic lighting, and wireless control systems, are fostering this change.

Egypt LED Lighting Market Drivers

Growing Focus on Energy Efficiency & Sustainability

The Egypt LED Lighting market factors due to high energy efficiency less heat, more light, and lower cost. It also uses low electricity for the same light output which is 85% less electricity compared to conventional lights and around 18% less electricity compared to CFL.

Moreover, saving more energy adds lower CO2 emissions, a win-win for consumers and the environment—these products are compliment to renewable energy sources such as solar panels or wind power. In addition, investment in R&D activities has made LED lighting more efficient for future lightings, such as LED strips, downlights, and luminaries.

Rapid Urbanization and Growth in Infrastructure Development

Egypt is witnessing rapid urbanization growth driving rapid growth of cities across Egypt, As per the World Bank, the urbanization rate in Egypt stood at 43.1% in 2023 with an urban growth rate of 1.9% between 2018 and 2013. With the current urban growth rates Egyptian cities need to accommodate around 1 million citizens per year. The rapid urbanization rate is driving demand for more housing and infrastructure and eventually driving demand for LED lightings in the country.

Failing Prices of LED & Energy Saving

With the falling prices of LED products, long-term increases in energy costs tied with improving the efficiency of LEDs, with more light for each unit of energy, the argument for switching to LED is now very compelling as payback periods become shorter. These factors will further grow the market for Egypt LED lighting. The Light-emitting diode (LED) is the most efficient and rapidly developing lighting technology. LED bulbs with quality that last longer are more durable and offer better-quality lighting than other types of lighting. A light is being produced by an LED bulb bypassing the electric current through a semiconducting material-the diode.

In Egypt, the electricity prices for have increased up to 50% for households and businesses, the price increase ranging from14.5% to 50%, depending on consumption levels. The price rise is part of a plan to phase out energy subsidies as part of an agreement Egyptian government had withthe International Monetary Fund (IMF). The objective of the price hikes is to reduce the burden of electricity subsidy on the government. The Egyptian government under a renewed agreement with the IMF, it has committed to completely eliminating electricity subsidies by December 2025.

Challenges Faced by Egypt LED Companies

However, the cost associated with the installation and the emergence of alternative technologies hamper the market growth.

Egypt LED Lighting Market Segment Analysis

Type Market Insights:

Based on the Product Type, the LED fixtures segment is expected to grow at the highest rate in the Egypt LED lighting market during the forecast period. LED fixtures are built to last up to 25 times longer than traditional bulbs such as halogen and 8 to 10 times longer than CFL with 72% to 80% saving. Companies such as 3Brothers For Lighting & Engineering, 7Lights Company and others are some of the key players in the LED lighting market in Egypt.

End-User Market Insights:

Based on the end-user, the indoor lighting segment is projected to be the fastest growing market share over the forecast period in the Egypt LED lighting market. The improving living standard have led to the increasing expenses on high-end home decor items, including LED-based table lamps, pendant lights, floor lights, and others have propelled the market growth. The increasing urbanization and rising modern house trends have raised the demand for indoor lighting in Egypt.

Egypt LED Lighting Market Major Players & Competitive Landscape

Several leading companies operating in the market are Signify NV, GE Lightings, AMS Osram AG, 3Brothers For Lighting & Engineering etc.

Recent Development & Market News

• • In 2021, Siraj Lighting has signed a memorandum of understanding with the Electronics Research Institute (ERI)and the Industrial Modernization Centre, (IMC). The objective of the MoU is to provide advance lighting solutions to the local market with highest technology through R&D.
  • In 2019, Philips implemented its new company name in Egypt called Signify. The company also partnered with the Egyptian Ministry of Antiquities to illuminate Cairo’s Mohamed Ali Palace with more than 600 LED lamps and 80 floodlights and up lights.

Egypt LED Lighting Market Scope of the Report

Egypt LED Lighting Market Research Report Segmentation

The Egypt LED Lighting market has been segmented on the basis of Product Type, End-User, and Application. Based on Product Type, the market is segmented into LED Lamps and Modules, LED Fixtures, Luminaries. Based on End-User, the market is segmented into Outdoor Lighting, Indoor Lighting. Based on Application, the market is segmented into Residential, Commercial, Industrial, Others.

Egypt LED Lighting Market by Product Type

• • LED Lamps and Modules
  • LED Fixtures
  • Luminaries

Egypt LED Lighting Market by End-User

• • Outdoor Lighting
  • Indoor Lighting

Egypt LED Lighting Market by Application

• • Residential
  • Commercial
  • Industrial
  • Others

Egypt LED Lighting Market Leading players

• • Signify NV
  • GE Lightings
  • AMS Osram AG
  • 3Brothers For Lighting & Engineering