UAE LED Lights Market Share, Size, Price Trends And Forecast (2018-2023) - PowerPoint PPT Presentation

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UAE LED Lights Market Share, Size, Price Trends And Forecast (2018-2023)

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Get more information about the market: IMARC Group’s latest report titled, “UAE LED Lights Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the market reached a value of SAR 472 Million in 2017, growing at a CAGR of more than 18% during 2010-2017. Request a sample report: Browse more reports on Technology & Media Industry: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

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Title: UAE LED Lights Market Share, Size, Price Trends And Forecast (2018-2023)


1
UAE LED Lights Market Facilitated by Booming
Infrastructural Projects
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
UAE LED Lights Market Facilitated by Booming
Infrastructural Projects Over the recent years,
the UAE LED lights market has been witnessing a
strong growth. Some of the factors driving the
growth of the market include rapid urbanisation,
escalating disposable incomes, government
support, flourishing tourism sector, increasing
infrastructural developments, etc. LED or Light
Emitting Diode was first developed in 1962 by
integrating three key elements which include
gallium, arsenic and phosphorus. Since then, it
has emerged as one of the rapidly-developing
technologies. In UAE, LED lights are continuously
replacing traditional sources of light owing to
their numerous advantages which include
affordability, recyclability, low power
consumption and heat output, longer lifespan and
minimal maintenance. A new research report
titled UAE LED Lights Market Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2018-2023 by IMARC Group estimates that the UAE
LED lights market was worth SAR 472 Million in
2017. The report further expects the market to
reach around SAR 998 Million by 2023, at a
projected CAGR of nearly 13 over the forecast
period.
4
Report Description and Highlights
Report Description
  • UAE LED Lights Market Drivers/Constraints
  • The major factor which has fostered the demand
    for LED lights in UAE includes rising
    infrastructural developments in retail,
    industrial and commercial sector. As LED lights
    do not emit any greenhouse gases like carbon
    dioxide, methane, nitrous oxide and
    chlorofluorocarbons, they are witnessing a
    surging demand in the ongoing as well as upcoming
    green-building projects in the country.
  • The UAE government has undertaken Initiatives for
    promoting the sales of energy-efficient lighting
    products, such as LED lights, and prohibiting the
    use of inefficient light bulbs. This represents
    another factor which has bolstered the demand for
    LED lights in the country.
  • Some of the other factors positively propelling
    the growth of the UAE LED lights market include
    rising population, elevating disposable incomes,
    rapid urbanisation, expanding tourism,
    establishment of malls and massive construction
    boom.
  • Blue LEDs and cool-white LEDs often surpass the
    safe zone of the blue light hazard that is stated
    in the eye safety specifications. This may act as
    a hindrance for the overall growth of the market.
  • Read more here https//www.imarcgroup.com/led-
    lights-market-uae

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Report Description and Highlights
Report Description
Product Type Insights On the basis of product
type, the market is segmented as panel lights,
downlight, street lights, bulbs and tubes,
weather proof batten, spotlight, highbay fitting,
flood lights and others. Amongst these, bulb and
tubes account for the largest market share in
UAE. Application Insights Based on
application, the market is segregated as high
rise commercial buildings, supermarkets and
malls, mid-rise commercial building, low rise
residential building, residential colonies
labour cramps, and others. Currently, high rise
commercial buildings exhibit a clear dominance in
the UAE LED lights market, followed by
supermarkets and malls, and mid-rise commercial
building Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
814flagB
6
Report Description and Highlights
  • Competitive Landscape
  • The market is highly concentrated in nature with
    the presence of three manufacturers which
    together account for the largest share in the
    market and compete in terms of quality as well as
    prices. There is a rigid competition in the
    market which makes it difficult for small players
    to enter. Some of the leading players operating
    in the market are
  • Philips
  • General Electric
  • Osram
  • Browse more related reports 
  • Xenon Lights Market https//www.imarcgroup.com/xe
    non-lights-market
  • Saudi Arabia LED Lights Market
    https//www.imarcgroup.com/saudi-arabia-led-lights
    -market

7
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.
8

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