UAE LED Lighting Market is Driven by the Ban on the Sale of Incandescent Lighting Products, Governmental Policies (such as Green Building Code, UAE Vision 2021) and Increase in Number of Real Estate Projects: Ken Research

Development of infrastructure, new construction projects, entrance of new lighting companies & increased marketing expenditure have been the key factors driving the growth in UAE LED Lighting Market.

The report titled “UAE LED Lighting Market Outlook to 2023 - By LEDs Lamps (LED Reflectors, LED Tubes, Others); Luminaires (Downlights, Troffers, Outdoor Area Lights, Roadway Fixtures, Spot Lights and Other Luminaires), By Usage (Indoor and Outdoor), By End Users” suggests that the growth in construction space and the government initiatives to reduce the CO2 emission and electricity consumption by installing LED lighting and banning incandescent lighting in the country in other applications as well. The market is further expected to grow registering a CAGR close to 12% in terms of sales value during the year 2018-2023.

Market Overview: UAE LED Lighting market is highly fragmented with more than 150 players present in the market. The market demand is driven principally by imports from various countries specially China and Malaysia. The market is highly dependent on the real estate industry in the region and witnessed a slow growth period from 2008-2012 as the construction industry was badly affected with the 2008 sub-prime crises. The market started to revive when the real estate industry caught some pace in 2012. In addition, there were major changes in the type of lighting products that were allowed to sell in the market in 2014. These changes in product specifications created a demand for a new product in the market; this helped in building the market for LED Lighting in UAE.

Market Segmentation: UAE LED Lighting industry revenue increased at a CAGR 12.8% during 2013-2018. The market was fuelled by increasing government expenditure on the upgradation of traditional lighting with the LED lighting products, increase in the construction of commercial and hospitality buildings, retrofitting of major areas and locations with the LED lighting lamps and luminaires. The distribution channel used by the companies are generally exclusive distributors, lighting showrooms, utilities and others where others includes channels such as direct sales and  small retailers. The major part of the total LED lighting sales in the country, consisted of the project sales. The commercial sector is the biggest end user of LED lighting and demands almost half of the LED lighting sales in the region. This was owing to factors such as the digitalization of the lighting technology with keen focus on adoption of new technology trends such as Internet of Things, Mobile Application Support etc.

Competition Landscape: With the ban of incandescent lighting in 2014, the market for LED lighting boomed in the region. The market is mainly dependent on imports. Companies generally import the raw material and assemble the product in the country or they directly import the finished product in the region. The market has the presence of some big global players such as Philips, Osram/Ledvance, Cree/Ruud Lighting Arabia but no single company is able to dominate the market and the biggest company doesn’t even have the market share of more than 10% in the region as of 2018. The sector demands investments which has restricted the growth of domestic companies. The market is also facing increasing competition from exporters in China, which are supplying the market with low cost products and are further reducing the profitability for the present players.

Keywords:-

UAE LED Lamps Market

UAE LED Lighting Market

UAE LED Luminaires Industry

UAE LED Lighting Revenue

UAE LED Lights Imports

UAE LED Reflector Market

UAE LED Tubes Market

UAE LED Downlight Market

UAE Spot Light Market

GCC LED Lighting Market

GCC LED Lamp Revenue

GCC LED Luminaires Market

Best Seller LED Lamps UAE

Philips LED Lamps UAE

Philips LED Luminaires UAE

Osram LED Lamps UAE

Osram LED Luminaires UAE

Ledvance LED Lamps UAE

GE LED Lamps UAE

GE LED Luminaires UAE

Tungsram LED Lamps UAE

Cree LED Lamps UAE

Cree LED Luminaires UAE

Zumbotel LED Lamps UAE

Nikkon LED Lamps UAE

Nikkon LED Luminaires UAE

Cooper LED Lamps UAE

Residential LED lighting UAE

Hospitality LED lighting UAE

Outdoor LED lighting UAE

Indoor LED lighting UAE

Key Segments Covered:-

By LED Luminaires

Downlights

Troffers

Outdoor Area Lights

Roadway Fixtures

Spot Lights

Other Luminaires

LED Lamps

LED Reflectors

LED Tubes

Other LED Lamps

By Usage

Indoor

Outdoor

By End User

Commercial

Hospitality

Residential

Healthcare

Industrial

Others

By Distribution Channel

Electric Wholesalers

Lighting Showrooms

Utilities

Others

By Retail and Project Sales

Key Target Audience:-

Existing LED Lighting Manufacturers in UAE

New Market Entrants- Domestic OEMs

New Market Entrants- Foreign OEMs

Real Estate Companies

Government Bodies

Investors & Venture Capital Firms

Lighting Equipment Manufacturers and Importers

LED Lighting Retail Chains

Lighting Equipment Distributors

Lighting Equipment Associations

Time Period Captured in the Report:-

2013-2018 – Historical Period

2013-2023 – Future Forecast

Companies Covered: Philips, Osram/Ledvance, Cree/Ruud Lighting Arabia, Zumbotel, GE/Tungsram, Felio Sylvania, Success Electronics & Transformer Manufacturer Pvt. Ltd (Nikkon Lighting), NVC Lighting, Istanbul Lighting (Confirm About Cooper and Designo)

To know more, click on the link below:-

UAE LED Lighting Market

Related Reports:-

Indonesia LED Lighting Market by Type (Lamps & Luminaires), By Usage (Indoor and Outdoor) and By Sector - Outlook to 2021

US LED Lighting Market Outlook to 2021- Demand for Energy Efficient Lighting and Government Initiatives to Lighten the Future

India LED Lighting Market Outlook to 2019 - Next Wave of Growth Driven by Government Initiatives

South Korea LED Lighting Market Outlook to 2018 - Backlighting Units to Drive LED Growth

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