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” provides a comprehensive analysis of UAE LED
Lighting market including market evolution, overview, genesis, market size and
market segmentations. Extensive focus has been placed in quantifying the
industry revenue over the period, 2013-2023. The report
covers aspects such as trade scenario, cost analysis, decision making process,
trends and developments, issues and challenges, SWOT analysis, recent
technologies, manufacturing clusters, government initiatives. Competitive
landscape of major players including Philips, Osram/Ledvance, GE/Tungsram,
Cree/Ruud Lighting Arabia have been extensively covered including company
overview, major business strategies, USP, recent developments, major projects
and other parameters. The report also covers future industry analysis (by
revenue and upcoming technologies in UAE LED lighting.) The report is useful
for existing lighting equipment companies, potential entrants, investors and
other stakeholders to align their market centric strategies according to
ongoing and expected trends in the future.
Market Overview: The UAE LED Lighting market is a
booming industry backed by government initiatives. The government banned the
sales of incandescent bulbs in the region in 2014 which created an opportunity
for the LED lighting market to grow. The initiatives of government such as
Green Building Code, UAE Vision 2021 and others, all focuses on the
sustainability where the environment protection is a major concern. This led to
major changes in the type of product offering by the companies in the region.
The government investment to revamp the present lighting system with the LED
lighting is a huge booster for the market. There are various Private Public
Partnerships to support the cause. The growing awareness for the benefits of
LED lighting such as no mercury usage, less emission of CO2, the savings in the
electricity bill is making the product attractive to the masses. UAE LED
Lighting market recorded a CAGR of 12.8% in terms of sales value during
2013-2018.
Market Segmentation
By Type of LED: The market is
dominated by the sales of LED luminaires as these are popular for the
commercial usage. Lamps are preferred by the government for retrofitting the
traditional lighting system with the LED lamps.
By Usage: The LED
lighting products are used for indoor and outdoor lighting purposes. Indoor
lighting includes the application of LED in premises such as Residential,
Commercial, and Hospitality. The outdoor lighting is applied in areas such as
Façade lighting, Street lighting, Parking and Garage lots. The market is
dominated by indoor lighting products with commercial sector contributing the
highest in the overall demand.
By Sector: The LED
lighting is used in the Commercial, Hospitality, Residential, Healthcare and
other sector. Other sector includes Government Buildings, Airports, Public
Spots, and Educational Institutions. Commercial sector dominated the market in
terms of demand, followed by the hospitality sector and residential sector.
By Distribution Channel: The market has three major modes of
distributions which are: Electronic Wholesalers, Lighting Showrooms and
Utilities. The rising demand for LED lights in the UAE has been a major reason
for expansion of electrical wholesalers’ network across the country which
caters to the requirements of commercial, hospitality, and government sectors
in the market.
By Sales: One of the major reason for rising project sales are upcoming
events in and around UAE such as Dubai Expo 2020, UAE Vision 2021, Qatar Fifa
World Cup 2022, Abu Dhabi retrofitting all street lighting, Dubai retrofitting
30,000 buildings till 2030 which increased the demand for such products in the
market.
Competition Stage and Positioning:
The market is highly fragmented with more than 150 players present in
the market. The domestic companies in the market are not able to compete with
the international players because they lack in the resources for huge
investments in R&D, and marketing & promotion. The major competing
parameters for the players are diverse product portfolio, the energy
efficiency, the product life output, after sales services offered, brand name.
The top five major players present in the market are Philips, Osram/Ledvance, GE/Tungsram, Cree/Ruud Lighting Arabia and
Zumbotel.
Future Analysis and Projections: It is
estimated that the UAE LED
lighting market will register a CAGR of 12.1% from 2019 to 2023, driven on the
back of in the construction of commercial and hospitality space. This will be
supported by the retrofitting projects across the various emirates and increase
in the awareness for environment friendly lighting products in the region and
governments initiatives and investments to change the traditional lighting system
with LED products.
Key
Segments Covered:-
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)
Key
Topics Covered in the Reports:-
Overview
and Genesis For the UAE LED Lighting Market
UAE LED
Lighting Market Value Chain Analysis
Major
Entities Involved in Value Chain and their Strategies
UAE LED
Lighting Market Size, 2013-2018, By Sales Value
UAE LED Lighting Market Segmentation, By Type of LEDs
UAE LED
Lighting Market Segmentation, By Usage
UAE LED
Lighting Market Segmentation, By Sector
UAE LED
Lighting Market Segmentation, By Distribution Channel
UAE LED
Lighting Market Segmentation, By Sales
Cost
Analysis/ Cost Component for LED Lighting in the UAE Market
Decision
Making Process Before Purchasing LED Lighting in the UAE Market
Trends
and Developments in the UAE LED Lighting Market
Issues
and Challenges in UAE LED Lighting Market
SWOT
Analysis for the UAE LED Lighting Market
Recent
Technologies in UAE LED Lighting Market
Manufacturing
Clusters for LED and Component Manufacturers in the UAE
Government
Initiatives and Regulations in the UAE LED Lighting Market
Market
shares of major players in UAE LED Lighting Market
Competitive
Scenario in UAE LED Lighting Market
Competitive
Landscape of Major Players in UAE LED Lighting Market
UAE LED
Lighting Market Future Outlook and Projections, By Revenues, 2019-2023
UAE LED
Lighting Market Future Outlook and Projections, By upcoming Technologies in the
Lighting Market
Analyst
Recommendations
To know more, click on the link below:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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