LED Bulb Production Line in Egypt and Market Analysis

Egypt is the third-largest economy in Africa, the Middle East and Africa's largest consumer market, is also one of the fastest-growing emerging market economies. Egypt and the Middle East and Africa have a free trade agreement, after entering the Egyptian market, but also cover the product into the surrounding Middle East and Africa markets, a total of more than one billion consumers.

In addition, there is a lot of cheap labor in Egypt and can achieve a relatively low cost of production or processing.

Regarding market size, the Egyptian government plans to retrench RMB 20 billion in energy subsidies by 2020. The proposed subsidies are used to lower down costs, and to make facilities more energy efficient. Energy consumption of lighting accounts for 25% of the country’s energy consumption, while commercial and home lighting consumption takes up the majority of 73%s.

The country expects to choose more professional lighting solutions to reduce energy rather than traditional lighting.

In addition, LED lighting manufacturers that set up LED assembly line plants in Egypt will be able to tap into a market with approximately 1.6 billion users, since the country has signed tariff free agreements with countries in Africa, Middle East and Europe.

Therefore, there are more and more new inquiries about the establishment of LED light assemble line in Egypt in recent years.

Customers AVENA, they contacted us in 2018, we helped them to establish the LED bulb SMT production line and DIP line in 2019, and the overseas engineer Peter went to the Avena factory to do production training for their engineers.