GCC Lighting Control System Market Forecast Report 2020 – 2027 – Top Key Players Analysis

1. GCC Lighting Control System Market

2. The market report offers a comprehensive business study that analyses innovative ways for business growth and describes necessary factors such as leading players, market revenue, and growth rate. This report also focusses on market volume and value in the GCC region

3. Competitive Landscape of the GCC Lighting Control System Market The Saudi Arabia cool roofs market report scans the competitive landscape and profiles of the major players operating in the market, including Philips Lighting Holding B.V, Honeywell International Inc., Schneider Electric SE, Eaton Corporation Plc, SMKA Electric LLC, Legrand UAE, Acuity Brands Lighting Inc., Greentec Automation DMCC, Quantran Systems (Gulf) LLC, Armiti Trading (L.L.C),  TAC UAE, and General Electric Company, among others.

4. Key Drivers of the GCC Lighting Control System Market The GCC lighting control system market is expected to witness strong demand due to the increasing consumer awareness about the lighting control system, the rising number of favorable government initiatives to promote energy efficiency, and the growing emphasis on smart cities development in the GCC region. Various economies such as Dubai has launched the “Dubai Plan 2021” to convert the city into a “smart city” by using innovative technology, digital tools, and smart policies. The accelerating demand for smart cities will positively influence the growth of the market.

5. In addition to this, the rising usage of the LED lights and luminaries in the outdoor applications and the increasing modernization and infrastructural development are expected to propel the demand for lighting control systems during the forecast period. The growing penetration of smartphones, the emerging trends of luxurious homes, and the increasing implementation of the Internet of Things (IoT) will accelerate the demand for the market. The drop in the LED light prices and the rising investments in the R & D activities by numerous global giants to develop green technology based lighting systems to reduce carbon emissions will attract many end-users to opt for lighting control system. According to the GCC lighting control system market report, the emergence of the COVID-19 pandemic will hamper the market's growing demand, especially in 2020. The strict lockdown has led to the temporary shutdown of factories and brought disruption in the raw materials’ supply chain from different countries. These factors will hinder the market growth. However, the market is projected to bounce back in 2021, while growing at a faster rate from 2022 onwards.

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