Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Type (Sodium Thallium Indium, Scandium Sodium, Tin Halide), By Application (Station, Street Lighting, Other) And Competitive Landscape
Product Code: ETC390778 | Publication Date: Oct 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
The Africa Metal Halide Light Market is driven by the growing demand for energy-efficient lighting solutions, rising awareness about the benefits of metal halide lighting, and favourable government policies. However, the high initial cost of investment and lack of proper infrastructure are some of the key factors restraining the market growth.
According to 6Wresearch, the Africa Metal Halide Light Market size is expected to grow during 2022-2028. The major factors driving the growth of the market are increase in demand for electricity, growing population, and rapid industrialization & urbanization. Metal halide lamps are efficient light sources that consume less power and last longer than traditional incandescent bulbs. They emit a bright white light that is similar to natural sunlight, making them ideal for indoor applications such as commercial establishments, warehouses, factories, and sports facilities.
Metal halide lamps are widely used for general lighting applications such as streetlights, parking lots, and area lighting. These lamps offer high efficiency and long-life span, which makes them an ideal choice for outdoor lighting applications. Moreover, metal halide lamps provide excellent colour rendition and are available in a wide range of wattages and sizes.
The construction industry is anticipated to be one of the major consumers of metal halide lights in Africa due to growing infrastructural development across various countries in the region. The growing construction industry in Africa is one of the major factors driving the demand for metal halide lamps. The region has witnessed a surge in construction activities due to the increasing population and urbanization. This has led to an increase in the demand for metal halide lamps for indoor applications such as office spaces, retail stores, hotels, and restaurants.
There are high entry barriers such in the Africa Metal Halide Light Market Share as the need for expensive research and development, manufacturing, and marketing capabilities is very high. And the bargaining power of buyers is moderate as there are a few large buyers who can influence prices. And there are no good substitutes for metal halide lights. Which makes the competitive rivalry high in the Africa metal halide light market because there are many small players competing for market share.
However, the high cost of installation and maintenance is restraining the growth of the market to some extent.
Report Name | Africa Metal Halide Light Market |
Base Year | 2021 |
Historical Period | 2018-2021 |
Forecast Period | 2022-2028 |
Market Size | XXXX |
Revenue Forecast | XXXX |
Growth Rate | XXXX |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Type, By Application |
Countries Covered | South Africa, Nigeria, Kenya, Rest Of Africa |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
The growing demand for lighting in Africa is driven by a number of factors. First, the population is growing and there is an increasing need for infrastructure development. Second, electrification rates are low and many people still do not have access to electricity. This means that there is a large potential market for off-grid lighting solutions such as metal halide lights. Third, the economic growth in Africa is resulting in an increase in demand for lighting from both commercial and industrial customers.
This growth is attributed to the rising demand for metal halide lights in various applications, such as street lighting, indoor lighting, and others. Moreover, the growing construction industry in Africa is also fuelling the Global Metal Halide Market growth.
The rise in environmental concerns is another factor driving the Africa Metal Halide Light Market growth. Metal halide lamps emit lesser greenhouse gases than traditional incandescent bulbs, making them an eco-friendlier option. The growing awareness about the harmful effects of greenhouse gases is leading to a shift in preference towards energy-efficient lighting solutions such as metal halide lamps.
However, the high initial cost of metal halide lamps is a major restraint for the growth of the market. Moreover, difficulty in recycling and disposal of these lamps is another challenge faced by the manufacturers affecting the Africa metal halide light market revenue.
COVID-19 has majorly affected the market, as it reduced already low purchasing power of the continent. Major population of the continent lives in rural area and below poverty line, with very little money to spend, the pandemic increased the population below poverty line. COVID-19 also weaken the political dimension of the country.
Based on Countries, South Africa is expected to be the largest market for metal halide lights due to increasing demand from various end-use industries such as construction, automotive, and manufacturing. Nigeria is also expected to witness significant growth in the coming years owing to increasing population and rapid urbanization.
Major players operating in this market include:
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Metal Halide Light Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Metal Halide Light Market Revenues & Volume, 2021 & 2028F |
3.3 Africa Metal Halide Light Market - Industry Life Cycle |
3.4 Africa Metal Halide Light Market - Porter's Five Forces |
3.5 Africa Metal Halide Light Market Revenues & Volume Share, By Countries, 2021 & 2028F |
3.6 Africa Metal Halide Light Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.7 Africa Metal Halide Light Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 Africa Metal Halide Light Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Metal Halide Light Market Trends |
6 Africa Metal Halide Light Market, 2018 - 2028 |
6.1 Africa Metal Halide Light Market, Revenues & Volume, By Type, 2018 - 2028 |
6.2 Africa Metal Halide Light Market, Revenues & Volume, By Application, 2018 - 2028 |
7 South Africa Metal Halide Light Market, 2018 - 2028 |
7.1 South Africa Metal Halide Light Market, Revenues & Volume, By Type, 2018 - 2028 |
7.2 South Africa Metal Halide Light Market, Revenues & Volume, By Application, 2018 - 2028 |
8 Nigeria Metal Halide Light Market, 2018 - 2028 |
8.1 Nigeria Metal Halide Light Market, Revenues & Volume, By Type, 2018 - 2028 |
8.2 Nigeria Metal Halide Light Market, Revenues & Volume, By Application, 2018 - 2028 |
9 Kenya Metal Halide Light Market, 2018 - 2028 |
9.1 Kenya Metal Halide Light Market, Revenues & Volume, By Type, 2018 - 2028 |
9.2 Kenya Metal Halide Light Market, Revenues & Volume, By Application, 2018 - 2028 |
10 Rest of Africa Metal Halide Light Market, 2018 - 2028 |
10.1 Rest of Africa Metal Halide Light Market, Revenues & Volume, By Type, 2018 - 2028 |
10.2 Rest of Africa Metal Halide Light Market, Revenues & Volume, By Application, 2018 - 2028 |
11 Africa Metal Halide Light Market Key Performance Indicators |
12 Africa Metal Halide Light Market - Opportunity Assessment |
12.1 Africa Metal Halide Light Market Opportunity Assessment, By Countries, 2021 & 2028F |
12.2 Africa Metal Halide Light Market Opportunity Assessment, By Type, 2021 & 2028F |
12.3 Africa Metal Halide Light Market Opportunity Assessment, By Application, 2021 & 2028F |
13 Africa Metal Halide Light Market - Competitive Landscape |
13.1 Africa Metal Halide Light Market Revenue Share, By Companies, 2021 |
13.2 Africa Metal Halide Light Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |