NAMIBIA LED LIGHTING MARKET

INTRODUCTION

A Light Emitting Diode (LED) is a semiconductor device that produces light when an electric current flows through it.

To do this, light is created when holes from p-type semiconductors mix with electrons from n-type semiconductors.

NAMIBIA LED LIGHTING MARKETSIZE AND FORECAST

The Namibia LED Lighting Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

RECENT DEVELOPMENT

Black Gold Engineering's Inventions Make for a Brighter Namibian Future. With his innovative ideas and sharp business sense, the creator and owner of Black Gold Engineering (BGE), a fully-fledged Namibian LED light producer and distributor, is lighting up the world.

An electrical engineer by training, has created a new kind of LED light under the Namlux brand that is far more effective than standard light bulbs and actually consumes up to 70% less energy.

The primary distinction between his new ideas and ordinary LED lights is: "The power circuit is often separate from the printed board on which the lights are mounted.

The lights and power circuit are now combined into one printed circuit board in my design, which is a first for the business, especially one of this magnitude."

The dependability and efficiency of the LED light have significantly increased. The end result is a more powerful and long-lasting LED that uses just approximately a tenth of the energy required by a regular light bulb and is perfect for lowering homes' and the public and private sector's electricity costs.

A typical streetlight can consume up to 2,500 watts of power, but the ambitious and motivated businessman informed that LED creation only consumes 49 watts at 0.21 amps of current.

To put things in perspective, three amps are needed to charge a telephone. The Namlux streetlights, dubbed the "Rolls Royce" of streetlights and created especially for Namibia's circumstances, also feature high-grade aluminium,  which is very good at dissipating heat.

COMPANY PROFILE

• Daktronics Inc
•  Eaton Corporation
• LG Display Co., Ltd
•  Barco N.V
•  Luceco Ltd
•  LED Lighting SA
• Eagle Lighting

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per Namibia LED Lighting Market right now and how will it change in the next 5-6 years?
2. Average cost to set up a LED Lighting Market in Namibia ?
3. How many Namibia LED Lighting Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a Namibia LED Lighting Market and key vendor selection criteria
6. Where is the Namibia LED Lighting Market  manufactured? What is the average margin per equipment?
7. Market share of Namibia LED Lighting Market manufacturers and their upcoming products
8. The most important planned Namibia LED Lighting Market in next 2 years
9. Details on network of major Namibia LED Lighting Market and pricing plans
10. Cost advantage for OEMs who manufacture Namibia LED Lighting Market in-house
11. 5 key predictions for next 5 years in Namibia LED Lighting Market
12. Average B-2-B Namibia LED Lighting Market price in all segments
13. Latest trends in Namibia LED Lighting Market, by every market segment
14. The market size (both volume and value) of Namibia LED Lighting Market in 2022-2030 and every year in between?
15. Global production breakup of Namibia LED Lighting Market, by suppliers and their OEM relationship