African LED Industry towards China

African tech experts 4.0 to China and rest of ASIA.

The LED transition is already underway for many local authorities and businesses. We’ve already seen some great best practice examples of upgrades, from large scale street lighting projects to coffee shops.

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African entrepeneurs 4.0 to China and rest of ASIA.

Walmart and GE started 10 years ago with refrigeration display lighting and has grown to include parking lot and interior lighting. Walmart is also moving aggressively to complete LED and controls retrofits in 100 percent of its distribution centers in the U.S. 

LED lighting has been around for a while now, and is far from purely the domain of the ‘deep green’ early adopter. And beyond cost savings, there are a number of additional benefits of the technology.

Global and Chinese Automotive Exterior LED Lighting Industry – 2017

Here the new report from Telecoms and Computing Market Reports

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LED Lighting Market, 2016 - 2022: Global Industry Share to Reach $54.28 Bn by 2022

New from GlobeNewsWire.com

LED lighting Market for Residential, Architectural and Outdoor Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 - 2022”. According to the report, the global LED lighting market accounted for USD 26.09 billion in 2016 and is expected to reach USD 54.28 Billion by 2022, growing at a CAGR of around 13% between 2017 and 2022. 

Asia Pacific is considered to be the fastest growing market for LED lighting and expected to hold significant market share in years to come. Developing infrastructure of roads, upcoming development projects, the booming construction industry in developing countries such as China, India, and Indonesia is expected to create massive demand for LED lighting for residential as well as outdoor application. It will include roadways, traffic lights, tunnels, parking lots and garages, lighting in bathrooms, hallways, dining rooms, and kitchens.

Latin America is comparatively new and is still open to new companies and brands. Brazil will take control of the leadership role in LED lighting implementation. It is aggressively picking up on the deployment of government-installed LED-based streetlights.

The Middle East and Africa are also forecasted to show significant growth in the coming years. U.A.E. and Saudi Arabia are predicted to hold noticeable market share in near future.