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According to a recent market report published by Future Market Insights titled, “LED & OLED Displays and Lighting Products Market: Africa Industry Analysis and Opportunity Assessment, 2016-2026,” the Africa LED & OLED displays and lighting products market was valued at US$ 684.9 Mn in 2015 and is expected to register a CAGR of 17.8% from 2016 to 2026.
“Increasing government backing and the launch of new government projects for LED lighting is boosting the growth of the lighting goods market in Africa,” according to researchers at Future Market Insights. Constant work on ‘Lighting Africa’ (an IFC and World Bank effort) is fueling the region’s lighting goods industry growth.” A growing smartphone subscriber base and increased consumer spending on television services are driving the growth of the LED and OLED display market in Africa.
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Displays and lighting goods are divided into two categories in the Africa LED and OLED products market. The market is divided into three segments based on display types: mobile displays, consumer TV displays, and outdoor LED displays. The Africa market for lighting goods is divided into two categories: product type and applications.
The market is divided into LED bulbs, bare LED tubes, LED fixtures, and solar LED lighting based on product type. The market is categorised into street lighting, down lighting, garden lighting, ceiling lighting, decorative and portable lighting, and others based on their uses.
This report also covers trends driving each segment and offers analysis and insights regarding the potential of the Africa LED and OLED displays and lighting products market in some key countries including Nigeria, Ethiopia, Egypt, Congo, South Africa, Tanzania, Kenya, Algeria, Sudan, Morocco, Niger, Tunisia, and Gabon. Among these countries, Nigeria accounted for the largest market share in 2015, owing to development of telecommunications infrastructure and increasing internet governance, which in turn is driving the smartphones penetration in the country.
Key players in the Africa LED and OLED displays and lighting products market include Cree Corporation, Samsung Electronics Limited, GE Lighting, LLC, Sharp Corporation, OSRAM Licht AG, Daktronics Inc., Eaton Corporation, LG Display Co., Ltd., Barco N.V., Luceco Ltd., LED Lighting SA and Eagle Lighting.
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By LED and OLED Displays
https://www.spoke.com/topics/aerial-imaging-market-current-and-future-demand-analysis-2032-627ee69f04532cf5de03c285
https://www.zupyak.com/p/3122429/t/aerial-imaging-market-current-and-future-demand-analysis-2032
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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The post Africa LED & OLED Displays and Lighting Products Market Key Players 2026 appeared first on Future Market Insights.
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