DUBLIN--(BUSINESS WIRE)--The "UAE LED Lights Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022" report has been added to ResearchAndMarkets.com's offering.
The UAE LED Lights market reached a value of SAR 400 Million in 2016, growing at a CAGR of more than 18% during 2009-2016.
The increasing investments for infrastructural developments in the retail, industrial and commercial sectors, and the emergence of entertainment sector are providing impetus to the growth of the LED market in the region. Apart from this, an active participation by the government of UAE is also contributing in encouraging the market for LED lights. In 2014, the government prohibited the sale of inefficient light bulbs and issued regulations promoting the use of energy-efficient lighting products. Owing to these factors, the market is further expected to reach a value of around SAR 900 Million by 2022.
The report has segmented the UAE LED light market on the basis of type, covering panel lights, downlight, street lights and others. Currently, panel lights account for the largest market share in the country. The report has also segmented the market on the basis on application. The key applications of LED lights include commercial, residential, industrial and others.
The report has further analysed the competitive landscape of the market, with some of the key players being Philips, General Electric and Osram.
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 GCC LED Lighting Industry
6 United Arab Emirates LED Lighting Industry
7 Competitive Landscape
8 LED Lights Manufacturing Process
9 Project Details, Requirements and Costs Involved
10 Loans and Financial Assistance
11 Project Economics
12 Key Player Profiles
For more information about this report visit https://www.researchandmarkets.com/research/dfvbc4/uae_led_lights?w=4