Comfort & Lighting - Sudan

  • Sudan
  • Revenue in the Comfort & Lighting market is projected to reach US$6.1m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 14.98%, resulting in a projected market volume of US$12.2m by 2029.
  • In the Comfort & Lighting market, the number of active households is expected to amount to 406.9k users by 2029.
  • Household penetration will be 2.5% in 2024 and is expected to hit 4.2% by 2029.
  • The average revenue per installed Smart Home currently is expected to amount to US$28.59.
 
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Analyst Opinion

The Comfort & Lighting market in Sudan has experienced significant growth in recent years, driven by changing customer preferences and local special circumstances. Customer preferences in Sudan have shifted towards more modern and energy-efficient lighting solutions.

Consumers are increasingly looking for products that not only provide comfort but also help them save on energy costs. This has led to a growing demand for LED lighting solutions, which are known for their energy efficiency and long lifespan. Additionally, there is a rising interest in smart lighting systems that can be controlled remotely through smartphones or voice assistants.

These customer preferences align with global trends in the Comfort & Lighting market, where energy efficiency and smart technology are becoming increasingly important. Trends in the Comfort & Lighting market in Sudan are also influenced by local special circumstances. Sudan is a country with a high poverty rate and limited access to electricity in many areas.

As a result, there is a growing demand for affordable lighting solutions that can operate without a reliable electricity supply. This has led to an increased adoption of solar-powered lighting systems, which can provide a reliable and affordable source of light in off-grid areas. The government and international organizations have also been promoting the use of solar-powered lighting as a way to improve living conditions in rural communities.

Underlying macroeconomic factors have also contributed to the development of the Comfort & Lighting market in Sudan. The country has been experiencing economic growth in recent years, which has led to an increase in disposable income and consumer spending. This has allowed more households to invest in comfort and lighting products, driving the demand for these products in the market.

Additionally, the government has implemented policies to promote the use of energy-efficient lighting solutions, such as LED lights, as a way to reduce energy consumption and carbon emissions. These policies have further stimulated the growth of the Comfort & Lighting market in Sudan. In conclusion, the Comfort & Lighting market in Sudan is developing in response to changing customer preferences, local special circumstances, and underlying macroeconomic factors.

Customers in Sudan are increasingly looking for energy-efficient and smart lighting solutions, which align with global trends in the market. The demand for affordable lighting solutions in off-grid areas has also led to the adoption of solar-powered lighting systems. Economic growth and government policies promoting energy efficiency have further stimulated the growth of the market.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the sales of smart home products, excluding taxes.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market category. As a basis for evaluating markets, we use the Statista Global Consumer Survey, market data from independent databases and third-party sources, and Statista interviews with market experts. In addition, we use relevant key market indicators and data from country-specific associations, such as household internet penetration and consumer spending for households. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting innovative products due to the non-linear growth of technology adoption. The main drivers are GDP/capita, level of digitization, and consumer attitudes toward smart home integration.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated once a year, in case market dynamics change we do more frequent updates.

Overview

  • Revenue
  • Key Players
  • Product Types
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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