Africa Energy Saving & Fluorescent Market (2020-2026) | Growth, Industry, COVID-19 IMPACT, Share, Companies, Trends, Analysis, Value, Size, Revenue, Outlook & Forecast

Africa energy saving & fluorescent market projects considerable growth primarily due to the government initiatives of zero carbon emission, set up of funds for construction and infrastructural development, the initiative of aligning economic conditions with UN sustainability goal 2030 in the region. The government smart lighting project assistance fund has attracted several private investors to cater to the untamed energy sector of Africa. Private investors such as Ned bank, Phillips and Eskom are going to invest in smart city development and smart lighting installation projects. Additionally, the rising adoption of technologically advanced energy-efficient lighting has further driven the growth of Africa energy saving & fluorescent market for the forecasted period.

According to 6Wresearch, Africa Energy Saving & Fluorescent Market size is likely to register substantial growth during 2020-2026. Growing awareness about cost-efficient lighting and government initiatives towards the development of the smart city are some of the key growth drivers of Africa energy saving & fluorescent market. Further, the government concern over greenhouse gas emission, reducing energy consumption from the urban sector and the setup of energy-efficient lighting manufacturing units in the region is expected to drive revenue in the energy-saving & fluorescent market in Africa region. However, Africa energy saving & fluorescent markets are expected to witness a sluggish growth in the initial month of 2020 owing to the closure of factories and unavailability of raw material due to imposed Lockdown on account of the outbreak of the Covid-19 pandemic. The market is expected to project a slow and gradual recovery over the next coming years.

In terms of sources, the LED segment is registering significant growth in the region due to the less costly and easily available raw material of the product, the environment-friendly attribute of the product, longer lifespan compared to incandescent lights and similar usage as an incandescent light but cost-efficient source. Based on Application, the Commercial segment dominates on account of government initiatives towards the construction of the smart city and modern infrastructure such as gaming arena, trade centres.

Some of the leading players in Africa energy saving & fluorescent market are OSRAM, Acquity Brands, ABB Ltd, Signify Lightings (Phillips), GE, SORAA, LEDVANCE.

Africa energy saving & fluorescent market report thoroughly covers the market by sources, application, countries including South Africa, Kenya, Nigeria, Ghana and the rest of Africa. The  Africa energy saving & fluorescent market outlook report provides an unbiased and detailed analysis of the on-going Africa energy saving & fluorescent market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights

• Africa Energy Saving & Fluorescent Market Outlook
• Africa Energy Saving & Fluorescent Market Overview
• Africa Energy Saving & Fluorescent Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Africa Energy Saving & Fluorescent Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Sources
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Application
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for South Africa Energy Saving & Fluorescent Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Kenya Energy Saving & Fluorescent Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Ghana Energy Saving & Fluorescent Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Nigeria Energy Saving & Fluorescent Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Rest of Africa Energy Saving & Fluorescent Market
• Market Drivers and Restraints
• Africa Energy Saving & Fluorescent Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Africa Energy Saving & Fluorescent Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

• By Application:
• Commercial
• Residential
• Government
• By Sources:
• High-intensity Discharge Lamps (HID)
• Linear Fluorescent Lamps (LFL)
• Light Emitting Diodes (LED)
• By Countries:
• South Africa
• Kenya
• Ghana
• Nigeria
• Rest of Africa

Frequently Asked Questions About the Market Study (FAQs):