The Latin America, Middle East and Africa Energy Efficient Lighting Market would witness market growth of 10.3% CAGR during the forecast period (2022-2028).
Energy efficient lighting comprises getting more light from fewer lights by replacing high-power lights like incandescent and high-displacement lamps with low-power lights. Traditional lighting (such as incandescent lamps) is replaced with energy efficient lights such as fluorescent lamps, CFL lighting, and LED lamps. It also comes with the necessary extra illumination, such as timers, sensors, and so on. It includes attempting to switch off lights that are not in use automatically, especially during the day. External lighting, interior lighting in residential buildings, and interior lighting in commercial buildings can all benefit from these energy-saving solutions.
Not only do these programmers save energy, but they also increase illumination quality. Incandescent lamps squander 90% of their electricity as heat instead of light, and they use 3-5 times more energy. As a result of replacing these bulbs with energy-saving bulbs, an energy-efficient lighting system is created. Energy-saving lights, sometimes known as blubs, come in two varieties.
The building sector in the UAE is expected to grow moderately after the pandemic in the following years. The UAE government prioritizes energy and infrastructure investments, such as transportation, decarbonization, utilities, renewable and nuclear energy generation, and tackling the country's persistent water scarcity. The government's strong dedication and resources have resulted in the establishment of a number of mega-project prospects for UAE construction and engineering firms. The Al-Nouf seawater treatment plant of the Abu Dhabi National Oil Company (ADNOC), the Dubai Municipality's plan to build a strategic sewerage tunnel, and other mega construction projects like the redevelopment of Mina Rashid in Dubai and the Dubai International Financial Centre Expansion 2.0 have all recently been announced.
Over the next decade, the utilities energy infrastructure sector is expected to grow to fulfill the rising demand for power, improve the UAE's water security, and diversify the economy away from oil. The increase of water and renewable energy capacity will drive growth in energy and utility infrastructure in the next years, in keeping with the UAE's acute water scarcity and the government's low-carbon energy plan.
The Brazil market dominated the LAMEA Energy Efficient Lighting Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,483.5 Million by 2028. The Argentina market is estimated to grow at a CAGR of 10.8% during (2022 - 2028). Additionally, The UAE market would witness a CAGR of 10% during (2022 - 2028).
Based on Type, the market is segmented into Light Emitting Diodes (LED), Linear Fluorescent Lamps (LFL), High-Intensity Discharge Lamps (HID) and Others. Based on Application, the market is segmented into Commercial, Industrial, and Home. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Energy Efficient Lighting Market is Predict to reach $42.6 Billion by 2028, at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ams-OSRAM AG, Signify N.V., Savant Systems, Inc., Toshiba Corporation, ABB Group, Schneider Electric SE, Advanced Lighting Technologies Australia, Inc., Nichia Corporation, Bridgelux, Inc., and Digital Lumens, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Light Emitting Diodes (LED)
- Linear Fluorescent Lamps (LFL)
- High-Intensity Discharge Lamps (HID)
- Others
By Application
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- ams-OSRAM AG
- Signify N.V.
- Savant Systems, Inc.
- Toshiba corporation
- ABB Group
- Schneider Electric SE
- Advanced Lighting Technologies Australia, Inc.
- Nichia Corporation
- Bridgelux, Inc.
- Digital Lumens, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Energy Efficient Lighting Market, by Type
1.4.2 LAMEA Energy Efficient Lighting Market, by Application
1.4.3 LAMEA Energy Efficient Lighting Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2022, May) Leading Players
Chapter 4. LAMEA Energy Efficient Lighting Market by Type
4.1 LAMEA Light Emitting Diodes (LED) Market by Country
4.2 LAMEA Linear Fluorescent Lamps (LFL) Market by Country
4.3 LAMEA High-Intensity Discharge Lamps (HID) Market by Country
4.4 LAMEA Others Market by Country
Chapter 5. LAMEA Energy Efficient Lighting Market by Application
5.1 LAMEA Commercial Market by Country
5.2 LAMEA Industrial Market by Country
5.3 LAMEA Home Market by Country
Chapter 6. LAMEA Energy Efficient Lighting Market by Country
6.1 Brazil Energy Efficient Lighting Market
6.1.1 Brazil Energy Efficient Lighting Market by Type
6.1.2 Brazil Energy Efficient Lighting Market by Application
6.2 Argentina Energy Efficient Lighting Market
6.2.1 Argentina Energy Efficient Lighting Market by Type
6.2.2 Argentina Energy Efficient Lighting Market by Application
6.3 UAE Energy Efficient Lighting Market
6.3.1 UAE Energy Efficient Lighting Market by Type
6.3.2 UAE Energy Efficient Lighting Market by Application
6.4 Saudi Arabia Energy Efficient Lighting Market
6.4.1 Saudi Arabia Energy Efficient Lighting Market by Type
6.4.2 Saudi Arabia Energy Efficient Lighting Market by Application
6.5 South Africa Energy Efficient Lighting Market
6.5.1 South Africa Energy Efficient Lighting Market by Type
6.5.2 South Africa Energy Efficient Lighting Market by Application
6.6 Nigeria Energy Efficient Lighting Market
6.6.1 Nigeria Energy Efficient Lighting Market by Type
6.6.2 Nigeria Energy Efficient Lighting Market by Application
6.7 Rest of LAMEA Energy Efficient Lighting Market
6.7.1 Rest of LAMEA Energy Efficient Lighting Market by Type
6.7.2 Rest of LAMEA Energy Efficient Lighting Market by Application
Chapter 7. Company Profiles
7.1 ABB Group
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.1.5.3 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Toshiba Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research and Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Schneider Electric SE
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental And Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Acquisition and Mergers:
7.3.6 SWOT Analysis
7.4 Signify N.V.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisition and Mergers:
7.4.5.3 Product Launches and Product Expansions:
7.5 ams-OSRAM AG
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.6 Nichia Corporation
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Product Launches and Product Expansions:
7.7 Savant Systems, Inc.
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.7.2.2 Product Launches and Product Expansions:
7.7.2.3 Acquisition and Mergers:
7.8 Advanced Lighting Technologies Australia, Inc.
7.8.1 Company Overview
7.9 Bridge lux, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.9.2.2 Product Launches and Product Expansions:
7.10. Digital Lumens, Inc.
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Product Launches and Product Expansions:
TABLE 1 LAMEA Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Energy Efficient Lighting Market
TABLE 4 Product Launches And Product Expansions– Energy Efficient Lighting Market
TABLE 5 Acquisition and Mergers– Energy Efficient Lighting Market
TABLE 6 LAMEA Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 7 LAMEA Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 8 LAMEA Light Emitting Diodes (LED) Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Light Emitting Diodes (LED) Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA Linear Fluorescent Lamps (LFL) Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA Linear Fluorescent Lamps (LFL) Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA High-Intensity Discharge Lamps (HID) Market by Country, 2018 - 2021, USD Million
TABLE 13 LAMEA High-Intensity Discharge Lamps (HID) Market by Country, 2022 - 2028, USD Million
TABLE 14 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 15 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 16 LAMEA Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 17 LAMEA Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 18 LAMEA Commercial Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Commercial Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Industrial Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Industrial Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Home Market by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA Home Market by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA Energy Efficient Lighting Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA Energy Efficient Lighting Market by Country, 2022 - 2028, USD Million
TABLE 26 Brazil Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 27 Brazil Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 28 Brazil Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 29 Brazil Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 30 Brazil Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 31 Brazil Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 32 Argentina Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 33 Argentina Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 34 Argentina Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 35 Argentina Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 36 Argentina Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 37 Argentina Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 38 UAE Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 39 UAE Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 40 UAE Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 41 UAE Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 42 UAE Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 43 UAE Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 44 Saudi Arabia Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 45 Saudi Arabia Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 46 Saudi Arabia Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 47 Saudi Arabia Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 48 Saudi Arabia Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 49 Saudi Arabia Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 50 South Africa Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 51 South Africa Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 52 South Africa Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 53 South Africa Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 54 South Africa Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 55 South Africa Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 56 Nigeria Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 57 Nigeria Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 58 Nigeria Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 59 Nigeria Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 60 Nigeria Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 61 Nigeria Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 62 Rest of LAMEA Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 63 Rest of LAMEA Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 64 Rest of LAMEA Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 65 Rest of LAMEA Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 66 Rest of LAMEA Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 67 Rest of LAMEA Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 68 Key Information – ABB Group
TABLE 69 Key Information – Toshiba Corporation
TABLE 70 Key information – Schneider Electric SE
TABLE 71 Key Information – Signify N.V.
TABLE 72 Key Information – ams-OSRAM AG
TABLE 73 key information – Nichia Corporation
TABLE 74 Key Information – Savant Systems, Inc.
TABLE 75 Key Information – Advanced Lighting Technologies Australia, Inc.
TABLE 76 Key Information – Bridgelux, Inc.
TABLE 77 Key Information – Digital Lumens, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2022, May) Leading Players
FIG 6 Recent strategies and developments: ABB Group
FIG 7 SWOT Analysis: ABB Group
FIG 8 SWOT Analysis: Toshiba Corporation
FIG 9 Recent strategies and developments: Schneider Electric SE
FIG 10 Swot analysis: Schneider Electric SE
FIG 11 Recent strategies and developments: Signify N.V.
FIG 12 Recent strategies and developments: Savant Systems, Inc.
FIG 13 Recent strategies and developments: Bridgelux, Inc.