GCC LED Lighting Market | Share, Size, Growth, Price Trends, Outlook And Research 2017 - 2022

1. GCC LED Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022 Copyright © IMARC. All Rights Reserved

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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 Group’s 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 2009–2016. 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?type=report&id=721&flag=B

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, people’s 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 @ http://www.imarcgroup.com/gcc-led-lighting-market • Get Sample of Report: http://www.imarcgroup.com/request?type=report&id=670&flag=B

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 @ http://www.imarcgroup.com/categories/technology-market-reports

8. Report Description and Highlights Report Description © 2017 IMARC All Rights Reserved This Publication and all it’s 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.

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