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GCC LED Lighting Market | Industry Trends, Share, Size, Growth and Forecast Report 2017 - 2022

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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. According to IMARC Group, the GCC LED Lighting Market has grown at a CAGR of around 21% during 2009–2016. With the modernisation of lighting technologies, the global lighting sector has witnessed various changes over the past few years. Read more about the market @ Request for sample report @ Browse more reports on technology & media industry @ Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

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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
Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report 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
Report http//www.imarcgroup.com/request?typerep
ortid721flagB
4
Report 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

5
Report Description and Highlights
Report Description
6
Report 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

7
Report 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

8
Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
9

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