Showing posts with label UAE LED Reflector Market. Show all posts
Showing posts with label UAE LED Reflector Market. Show all posts

Monday, April 8, 2019

UAE LED Lighting Market Outlook to 2023: Ken Research


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:-
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)

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:-

Related Reports:-



Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com
+91-9015378249