Monday, July 22, 2019

Increasing Trends In The UAE Led Lighting Market Outlook: Ken Research


However unsurprisingly, the UAE LED lighting market has a boomed industry sponsored by the government initiatives. Whereas, the legal authorities of this region banned the sales of incandescent bulbs in 2014 which generated an opportunity for the LED lighting market to increase. The initiatives of the government namely UAE Vision 2021, Green Building Code and several others, all aims on the sustainability where the surroundings protection is a mainstream concern. This led to the main transformation in the variety of product proposing by the companies in the economies. Moreover, the increasing consciousness for the benefits of LED lighting namely no mercury utilization, low emission of CO2, the savings in the electricity bill is creating the product attractive to the masses.

Furthermore, the effective and large enterprises are adopting the profitable strategies for generating the high amount of revenue and increasing the demand for LED lightings throughout the short span of time. According to the report analysis, ‘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 Usersstates that there are several large and small enterprises which recently operating in the UAE LED lighting market more enormously for leading the fastest market growth and registering the high value of market share across the UAE during the short span of time while spreading the information related to the applications and increasing the specification of the production technology includes Philips/Signify, Osram/Ledvance, Cree/Ruud Lighting Arabia, Zumtobel, GE/Tungsram, Felio Sylvania, Success Electronics & Transformer Manufacturer Pvt. Ltd (Nikkon Lighting), NVC Lighting, Istanbul Lighting Enterprise, Cooper Lighting, LED World and Disano Illuminazione.

UAE LED Lighting market recorded a CAGR of 12.8% in terms of sales value during 2013-2018. Whereas, the UAE LED lighting market is segmented into different sector which majorly involves, LED, Usage, Sector, Distribution Channel and sales. However, based on the usage, the LED lighting products are effectively utilized for the indoor and outdoor lighting determinations. The Indoor lighting involves the application of LED in buildings such as Residential, Commercial, and Hospitality. The outdoor lighting is functional in areas which mainstream involves Façade lighting, Street lighting, Parking and Garage lots. The market is registered by indoor lighting products with commercial segment contributing the highest in the overall requirement.

Additionally, on the basis of sector, the LED lighting is utilized in the Commercial, Hospitality, Residential, Healthcare and several other sector. The other sector involves the Government Buildings, Airports, Public Spots, and Educational Institutions. Commercial sector registered the market in terms of requirement, followed by the hospitality sector and residential sector. Whereas, the segment of type is majorly registered by the sales of LED luminaires as these are prevalent for the commercial utilization. Lamps are favored by the government for retrofitting the traditional lighting system with the LED lamps. Therefore, in the coming years, it is predicted that the market of UAE LED lighting market will increase more enormously over the decades with the rise in the infrastructure and growth in the population.

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)

Keywords:-
UAE LED Lamps Market
UAE LED Lighting Market
LED Lighting Market In UAE
UAE LED Lighting Market Growth
Major Players UAE LED Lighting
GCC LED Lighting 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
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
Outdoor LED lighting UAE
Indoor LED lighting UAE

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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

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