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Last Updated: Apr 25, 2025 | Study Period: 2022-2030
An extremely energy-efficient lighting technology called LED has the potential to completely alter how Americans will light their homes in the future.
Residential LEDs, especially those with the ENERGY STAR label, use at least 75% less energy and can outlast incandescent lighting by up to 25 times.
LED lights may now affordably and efficiently replace 40, 60, 75, and even 100 Watt incandescent bulbs thanks to advancements in performance and falling prices. To ensure that the product is the proper brightness and colour for its intended application and location, it is crucial to.
The South Africa 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.
Following the launch of Africa's largest energy-saving lighting arrangement, a joint endeavor between local power provider Eskom and global electronics giant Philips, South Africa is poised for a boom in the use of LED lighting.
Philips executive VP stated that the company's objective is to focus on emerging trends in society, particularly in terms of coping with population increase and supporting good health, in his remarks at the launch event in Johannesburg.
Following the launch of Africa's largest energy-saving lighting arrangement, a joint endeavour between local power provider Eskom and global electronics giant Philips, South Africa is poised for a boom in the use of LED lighting.
Philips executive VPRonald de Jong stated that the company's objective was to focus on emerging trends in society, particularly in terms of coping with population expansion and supporting good health.
He was speaking at the launch event in Johannesburg.
The stated agreement was timed to the COP17 climate change summit, which is taking place in Durban right now.
Eskom was involved in the conference preparations, particularly in the conversion of the streetlights near the venue from halogen to LED.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2030 |
21 | Product installation rate by OEM, 2022 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |