Egypt Energy Retrofit Systems Market Size & Outlook
Egypt energy retrofit systems market, 2018-2030 (US$B)
Related Markets
Egypt energy retrofit systems market highlights
- The Egypt energy retrofit systems market generated a revenue of USD 0.1 billion in 2022 and is expected to reach USD 0.2 billion by 2030.
- The Egypt market is expected to grow at a CAGR of 4.2% from 2023 to 2030.
- In terms of segment, envelope was the largest revenue generating product in 2022.
- LED Retrofit Lighting is the most lucrative product segment registering the fastest growth during the forecast period.
Energy retrofit systems market data book summary
| Market revenue in 2022 | USD 0.1 billion |
| Market revenue in 2030 | USD 0.2 billion |
| Growth rate | 4.2% (CAGR from 2022 to 2030) |
| Largest segment | Envelope |
| Fastest growing segment | LED Retrofit Lighting |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Envelope, LED Retrofit Lighting, HVAC Retrofit, Appliances |
| Key market players worldwide | Daikin Industries Ltd, Eaton Corp PLC, AECOM, Johnson Controls International PLC, Ameresco Inc Class A, Siemens AG, Trane Technologies PLC Class A, Orion Group Holdings Inc, Orion Energy Systems Inc, Signify NV, Engie SA, GE Aerospace, Schneider Electric SE |
Other key industry trends
- In terms of revenue, Egypt accounted for 0.1% of the global energy retrofit systems market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE energy retrofit systems market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 0.3 billion by 2030.
Envelope was the largest segment with a revenue share of 100% in 2022. Horizon Databook has segmented the Egypt energy retrofit systems market based on envelope, led retrofit lighting, hvac retrofit, appliances covering the revenue growth of each sub-segment from 2018 to 2030.
Demand for energy retrofit systems in Egypt is experiencing robust growth due to the increasing stringency of the global energy regulations. The country is the 3rd contributor to the Middle East and Africa’s market revenue owing to increased modernization of envelopes, HVACs, and LEDs for optimizing energy usage and reducing carbon footprint.
Rising customer inclination toward comfort has increased the demand for HVAC systems. In addition to addressing the customer’s comfort demands, companies are developing products that offer several added benefits. The government in 2015 decided to build a new capital city, 40 km from Cairo, for which it has been deploying smart city criteria and in 2020, the building of new capital was completed.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Energy Retrofit Systems Market Scope
Energy Retrofit Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Egypt energy retrofit systems market size, by product, 2018-2030 (US$B)
Egypt Energy Retrofit Systems Market Outlook Share, 2022 & 2030 (US$B)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
