Title: GCC LED Lighting Market | Industry Trends, Share, Size, Growth and Forecast Report 2017 - 2022
1 GCC LED Lighting Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2017-2022
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3Report Description and Highlights
Report Description
GCC LED Lighting Market Catalysed by Government
Initiatives Supporting the Use of Efficient
Lighting Systems The GCC LED lighting market is
currently witnessing a strong growth which can be
attributed to factors such as growing
environmental concerns, increasing
infrastructural investments along with government
initiatives focused on promoting the usage of
efficient lighting systems. IMARC Groups new
report titled, GCC LED Lighting Market Growth
Driven by Government Initiatives and Increasing
Infrastructure Investment Due to Upcoming Events
2017-2022, finds that the GCC LED Lighting
Market has grown at a CAGR of around 21 during
20092016. With the modernisation of lighting
technologies, the global lighting sector has
witnessed various changes over the past few
years. Light Emitting Diodes (LEDs) have emerged
as one of the advanced lighting solutions. In the
GCC region, in particular, the usage of LED
lights has gained immense popularity. This can be
attributed to their distinct properties as they
are long lasting, shock-resistant, affordable,
produce no UV radiations, facilitate easy digital
control and have an aesthetic appeal. Apart from
this, they also emit light in a specific
direction, thereby, utilise light and energy in
an efficient way. As compared to conventional
lights such as incandescent and fluorescent
lights which produce 12-15 lumens per watt, LED
lights produce 40-50 lumens per watt, thus, have
a better illuminating capacity. Get Sample of
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ortid721flagB
4Report Description and Highlights
Report Description
- Highlights of the GCC LED Lighting Market
- Government initiatives promoting the use of green
lighting products remain to be a major driving
factor. - Commercial sector represents the largest
application area of LED lights, followed by
industrial and residential sectors. - Saudi Arabia dominates the GCC lighting market,
followed by UAE. - The GCC LED lighting market is currently being
driven by a number of factors. As a result of
growing environmental concerns, governments in
various GCC countries have encouraged the use of
energy-efficient lighting solutions. For
instance, in countries like UAE, government
regulations which ban the sales of inefficient
lighting technologies have ultimately augmented
the demand for LED lighting products.
Furthermore, retrofitting of existing buildings
along with rising infrastructural investments in
the Middle East region, particularly in the Gulf
Cooperation Council (GCC) countries on account of
upcoming events such as the Dubai Expo in 2020
and FIFA World Cup in 2022 are also expected to
bolster the market growth. Some of the other
growth inducing factors include rising
population, increasing urbanisation and
industrialisation rates, peoples inclination
towards long-term benefits, diverse applications
of LEDs, etc. According to the report, the market
is further expected to reach a value of around
SAR 370 Billion by 2022. - Browse full report with TOC _at_ http//www.imarcgrou
p.com/gcc-led-lighting-market - Get Sample of Report http//www.imarcgroup.com/re
quest?typereportid670flagB
5Report Description and Highlights
Report Description
6Report Description and Highlights
Report Description
- On the basis of product type, panel lights
represent the most popular type of LED lights,
accounting for the majority of the total market
share. It is followed by down lights, street
lights and others which include bulbs, tube
lights, strips, flood Lights, high mast lights,
spot lights, etc. Based on end-use, the
commercial sector represents the largest end-use
sector of LED lights, followed by industrial and
residential sectors. On the basis of application,
the majority of LED lights are used for indoor
applications as compared to outdoor applications.
On the basis of key regions, Saudi Arabia
currently dominates the GCC LED lighting market,
followed by UAE and Qatar. The GCC LED market is
highly concentrated with the top three players
being Philips, General Electric (GE) and Osram. - The report by IMARC Group has examined the GCC
LED Lighting Market on the basis of - Type
- LED Panel Lights
- LED Down Lights
- LED Street Lights
- LED Tube Lights
- LED Flood Lights
- LED Bulbs
7Report Description and Highlights
Report Description
- Region
- Saudi Arabia
- UAE
- Qatar
- Oman
- Kuwait
- Bahrain
- Major Manufacturers
- Philips
- General Electric (GE)
- Osram
- Find more reports related to Technology Media
Industry _at_ http//www.imarcgroup.com/categories/te
chnology-market-reports
8Report Description and Highlights
Report Description
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