The growth of the African lighting market has been growing rapidly thanks to the support of policy support and the expansion of the project

The development of the African continent LED lighting, OLED lighting and display is actually quite rapidly, more than the general human cognition. In 2015, Africa's LED, OLED display and lighting market output has reached $685 million. The CAGR is expected to be 17.8% between 2016 and 2026 (CAGR). As the policy support gradually warming, the new LED lighting government targets gradually pour out, these factors support the African lighting market growth. International financial company (IFC) and the World Bank launched lighting / Lighting Africa Africa (Lighting Africa) project steady growth, it is through the LED lighting, let the electricity market in Africa can benefit from such benefits, it also brings forward the stimulation of the lighting market in africa. In addition, the growth of African LED backlit LCD panel and OLED display market is mainly due to the increasing number of smart phone users, and consumers are becoming more willing to spend more on television related services. At the same time, continue to extend the life of LED lighting products, up to about fifty thousand hours. Compared to traditional light bulbs and cold cathode tube lamps, LED lighting products have the following advantages: higher efficiency, less power consumption, longer life, more environmental protection, durable, less hot, less space. Outdoor LED lighting if the growing strength of strong market segment, LED and OLED in the African market displays and lighting products. The display part can be divided into mobile devices, monitors, consumer TV, outdoor LED display, /LED display. Part of lighting products can be divided into two categories: product category and application. Product categories can be divided into LED bulbs, LED tubes, LED fixtures, solar LED lighting. As for the other part, can be divided into street lamp, downlight, ceiling lamps, garden lighting, decorative lighting, portable and other types. Research company Future Market Insights said that the current market focus on Africa, 2015 years is consumer TV market size of $130 million, estimated to 2026 years, compound annual growth rate will come to 18.8%. On the other hand, due to the gradual development of the solar power market outside the African market (off-grid), this will help the development of the consumer TV market in rural areas of africa. As for the lighting Africa LED market in 2015, the overall market capitalization of $194 million to the LED bulb. By 2026, the annual compound growth rate of solar LED lighting market is expected to reach 28.6%. In terms of product applications, in 2015, street lamps accounted for the highest proportion of African lighting market, as high as 37.6%. Regional outlook 2015 Africa national key (1) LED, OLED display and lighting market, the largest proportion of Monet and Leah. This is mainly due to the gradual development of telecommunications infrastructure and network governance in nigeria. At the same time, this factor will also promote the penetration of smart phones in nigeria. African market key manufacturers in Africa LED, OLED display and lighting market sprint manufacturers, including American LED giant CREE (Cree), Samsung, GE, OSRAM, SHARP lighting, electronics, Dakota Eaton, LG display, Belgium Barco, Luceco Ltd, LED Lighting SA, Eagle Lighting and so on, is a development the market potential is still large. (text: LEDinside, Janet) Note: a key country in Africa: Monet and Leah, Ethiopia, Egypt, Congo, South Africa, Tanzania, Kenya, Algeria, Sultan, Morocco, Nigeria, Tunisia, gabon.