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

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UAE LED Lights Market Facilitated by Booming
Infrastructural Projects
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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.
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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
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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

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Report Description and Highlights
Report Description

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