The South African energy efficiency HVAC and lighting market is in its early growth stages and is currently driven by high energy prices and Eskom's demand side management (DSM) initiatives that are aimed at ensuring optimum energy use in South Africa. In 2009 this market generated revenues of approximately $272.0 million and achieved a growth rate of 8.6 percent. Between 2009 - 2016 this market is expected to achieved a compound annual growth rate (CAGR) of approximately 10.1 percent. Major challenges that characterise this market include highly price sensitive end users and a lack of skilled professionals.
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