South Africa Lighting Fixture Market Size & Outlook
The lighting fixture market in South Africa is expected to reach a projected revenue of US$ 1,093.3 million by 2027. A compound annual growth rate of 6.3% is expected of South Africa lighting fixture market from 2020 to 2027.
Revenue, 2019 (US$M)
$669.8
Forecast, 2027 (US$M)
$1,093.3
CAGR, 2020 - 2027
6.3%
Report Coverage
South Africa
South Africa lighting fixture market, 2016-2027 (US$M)
Related Markets
South Africa lighting fixture market highlights
- The South Africa lighting fixture market generated a revenue of USD 669.8 million in 2019 and is expected to reach USD 1,093.3 million by 2027.
- The South Africa market is expected to grow at a CAGR of 6.3% from 2020 to 2027.
- In terms of segment, fluorescent was the largest revenue generating source in 2019.
- LED & OLED is the most lucrative source segment registering the fastest growth during the forecast period.
Lighting fixture market data book summary
| Market revenue in 2019 | USD 669.8 million |
| Market revenue in 2027 | USD 1,093.3 million |
| Growth rate | 6.3% (CAGR from 2019 to 2027) |
| Largest segment | Fluorescent |
| Fastest growing segment | LED & OLED |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Incandescent, Fluorescent, LED & OLED |
| Key market players worldwide | Koninklijke Philips NV, Wolfspeed Inc, Portland General Electric Co, Acuity Brands Inc, Panasonic Holdings Corp, OSRAM Licht AG, Nichia Corporation, Hubbell Lighting, Eaton Corp PLC, Everlight Electronics |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.7% of the global lighting fixture market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Middle East & Africa, South Africa lighting fixture market is projected to lead the regional market in terms of revenue in 2027.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,093.3 million by 2027.
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Lighting Fixture Market Scope
Lighting fixture market segmentation & scope
Lighting Fixture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa lighting fixture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lighting fixture market will help companies and investors design strategic landscapes.
Fluorescent was the largest segment with a revenue share of 65.06% in 2019. Horizon Databook has segmented the South Africa lighting fixture market based on incandescent, fluorescent, led & oled covering the revenue growth of each sub-segment from 2016 to 2027.
- South Africa Lighting Fixture Source Outlook (Revenue, USD Million, 2016-2027)
- Incandescent
- Fluorescent
- LED & OLED
- South Africa Lighting Fixture Product Outlook (Revenue, USD Million, 2016-2027)
- Ceiling
- Pendant & Chandeliers
- Wall Mounted
- Portable
- Others
- South Africa Lighting Fixture Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
- Offline
- Online
- South Africa Lighting Fixture Application Outlook (Revenue, USD Million, 2016-2027)
- Residential
- Commercial
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Our clientele includes a mix of lighting fixture market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa lighting fixture market , including forecasts for subscribers. This country databook contains high-level insights into South Africa lighting fixture market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa lighting fixture market outlook size, by source, 2016-2027 (US$M)
South Africa Lighting Fixture Market Outlook Share, 2019 & 2027 (US$M)
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