AFRICA LED & OLED DISPLAYS AND LIGHTING PRODUCTS MARKET ANALYSIS

Africa LED & OLED Displays and Lighting Products Market, By Display Products (Mobile Displays(LED, OLED, AMOLED),Consumer TV Displays(LED, OLED, AMOLED),Outdoor LED Displays(Product Type(LED Billboards, Perimeter LED Boards, LED Mobile Panels, LED Traffic Lights, LED Video Walls),Color Type(Monochrome, Tri-color, Full-color))), By Lighting Products (Product Type(LED Bulbs, Bare LED Tubes, Lighting Fixtures, Solar LED Lighting), Application(Street Lighting, Down Lighting, Garden Lighting, Ceiling Lighting, Decorative & Portable Lighting, Others)), and By By Geography - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Key Developments & Strategy

Key players in the market are adoption growth strategies such as mergers and acquisitions, in order to gain competitive edge in the market. For instance, in July 2016, OSRAM GmbH, acquired Novità Technologies, a manufacturer of electronic control systems for automotive lighting applications, in order to expand its specialty lighting business in the U.S. market. The company is involved various growth strategies such as capacity expansion, in order enhance its market presence
Major companies in the market are focused on various growth strategies such as entering to agreement, in order to enhance their market presence. For instance, in September 2015, GE Lighting and SST, Inc. entered into a memorandum of understanding (MoU), in order to integrate SST’s Shotstopper technology with GE’s intelligent LED street lights.