GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

GCC LED lighting market estimated to comprise about 38% of the total lighting market in 2015

Dubai, U.A.E: The increase in global demand for lighting solutions, with an emphasis on energy efficient sources, is reshaping the lighting industry, while the continued market expansion in the region puts the Middle East in the spotlight as global majors target Light Middle East 2017.

The leading trade, networking and business generating event for the lighting design and technology industry in the region, Light Middle East returns to Dubai later this year, larger and more representative than ever before. Organisers Messe Frankfurt Middle East, are expecting the show to open at least 10% larger than the previous edition in terms of both area and number of exhibitors, underlining the increasing appeal of the region to global players.

According to analysts Frost & Sullivan, the global lighting industry is at a crucial tipping point, with new technology driving innovative solutions and energy efficient lighting solutions. Solid state lighting solutions powered by LED is expected to form as much as 50% of the total global lighting market, which is expected to grow at a CAGR of 5% till 2020 from the 2015 value of US$ 87 billion.

In the GCC, the LED lighting market was estimated to comprise about 38% of the total lighting market in 2015. It is expected to clock a CAGR of 16-17% and cross 50% of the total market by 2019-2020. Growth of the LED lighting market is largely driven by Greenfield investments in the real estate and infrastructure sectors in the Gulf Cooperation council, which is still an attractive market for the construction sector.

Ambitious plans by governments are also driving the progress towards energy efficient and integrated lighting systems, with Dubai's retrofitting of its public lighting systems with LED lighting, expected to same about 300 gwh of energy consumption by 2030.

'The latest in innovative technology and cutting-edge developments as well as key insights into the road ahead for lighting technology and design, will all be on offer at the upcoming edition of Light Middle East, which is expected to be even more comprehensive in reach and content than before,' said Ahmed Pauwels, CEO of Messe Frankfurt Middle East. 'The exhibition continues to be the premier launching platform for global players looking to engage with this promising region, as well as the most diverse sourcing destination for traders and buyers looking for the latest in lighting technology.'

Leading provider of intelligent and sustainable lighting components, Fulham sees LED lighting the way ahead. Srinivasan P.S, General Manager of Fulham said: 'The LED market today is about 50% new construction and 50% retrofit. Customers are increasingly aware that LED lamps and tubes that use existing fluorescent, HID or Induction power systems are not the best way to reduce energy use. Therefore, we are seeing more and more use of complete retrofits – either via the luminiaire (which come from Fulham OEMs) or from retrofit kits that go in existing luminaires. While the market continues to grow at 20%, we see emergency lighting systems and controls are our next growth areas.'

Also returning to Light Middle East are PUK Italia Group, leading manufacturers of outdoor lighting fixtures. Simone Ferrari, Export Manager of PUK Italia said: 'The Middle East market is more and more important for us, we have so many clients in the Gulf area that our business volume is increasing year after year. We will display a selection of our new items 2017, some prototypes that will enter into production in 2018 and some of our most significant products into regular production.'

Among the other key exhibitors who will be returning to Light Middle East 2017 include: 3S International (Canada), Al Zubair General Trading Establishment (UAE), Bjb (Germany), Decolight (UAE), ERCO (UAE), FIVEP (Italy), Forma Lighting (Italy), LEDS-C4 Lighting (UAE), Light Factor Enterprise (UAE), SLV Middle East (UAE) and Switch Made (UAE)

Hoping to make a big splash in the Middle East market on their debut include: Elettrico Lighting (UAE), ELT Especialidades Luminotecnicas (Spain), Opple Lighting (UAE) and TCI Middle East (UAE).

Supplier to the Kuwait Government for their street lighting components, ELT Especialidades Lunimotecnicas from Spain are hoping to capture the market's imagination with their range of products at their Dubai debut. Export Manager, Sergio Vilalta said: 'By meeting with the core market actors at Light Middle East, we'll gain an insight into how to make it in the industry according to trends, competitors offer, buyer demands and tailor-made requests while also meeting new potential partners to identify new incoming perspectives and challenges to gain, transforming our exhibition into a successful investment.'

Also returning in Light Middle East 2017, will be the Future Zone, a showcase of innovative technology, cutting edge design and trends; Ready, Steady, Light a competition that invites manufacturers, lighting designers and students to install an exterior lighting scheme under time, budget and equipment constraints; Light.ication, which promotes lighting design through education; and the popular Light Middle East Awards gala ceremony, celebrating the region's outstanding projects, products and lighting design.



Posted by : GoDubai Editorial Team
Viewed 11791 times
Posted on : Wednesday, July 19, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : ENEC Progresses Delivering Barakah Nuclear Energy Plant Completing Significant Tests of Unit 2
Next Story : Beat The Heat – Six Tips to Save Energy and Reduce Bills During Summer
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Michael Kors Presents Spring 2018 Jewelry
Max Fashion #ForgetFilters Campaign Celebrates Living for the Moment
Malabar Gold & Diamonds makes historic gain Opens 11 showrooms in a day across 6...
IKEA Welcomes Children in-store to Spread Love for the Arabic Language as Part o...
Sports Bras Banishing Bounce by 83% arrive in store
LG Exploring New Commercial Opportunities With Expanding Robot Portfolio
Transform Your Lips With Glitter Flip Liquid Lipsticks from Ciaté London
We Sheet You Not! Foreo Announces End of Face Mask Epidemic
Transform Your Skin In 2018 with QNET's Revolutionary Elixa Skincare
Experience the ultimate beauty extravaganza as MyBeautyFest kicks off with the i...
Qabala joins Air Arabia's Azerbaijan network
Golden Bridge Rectangle Diamonds designed to dazzle
Michael Kors Presents Spring 2018 Watches
AIGNER Love
New Year, New Skincare!
Bubble Clown by Matt Barnes
Coach presents the Grand Stainless Steel Bracelet Watch Collection
OMEGA and Pyeongchang 2018
Land Rover's 70th Anniversary Begins With Restoration of ‘Missing' Original 4x4
Garden Party Style and Cult Classics: Swatch Launches Spring-summer 2018 Collection
Corum Bubble Art For Those Who Appreciate A Work Of Art
Shimmering Gilda takes on a silvery sheen
Marine Torpilleur Military made for men who chart their own destiny
Joyalukkas grows presence in Singapore with new showroom on Serangoon Road
New Year – New Savings now with Al-Futtaim Honda
Spring/Summer 18' Beauty Picks from Missha Cosmetics
Samsung Delivers Vision for Open and Intelligent IoT Experiences to Simplify Eve...
Samsung Electronics' 2018 Smart TVs Become First to be Industry-Certified for En...
Scuderia Ferrari presents the latest RedRev Watch Collection
Dubai Culture Organises ‘Carnival of Ideas'
EUROSTAR presents seven global tech majors at CABSAT 2018
Signature Scents for Your Home
Malabar Gold & Diamonds strengthens its global position as a leading jewellery r...
Nissan and NASA extend research into autonomous mobility services
Nissan reaffirms importance of electrification at World Future Energy Summit
World Future Energy Summit's inaugural Mobility Conference to discuss future of ...
Dubai Tour team line-up announced: 16 teams of seven riders at the start
Abu Dhabi Quality and Conformity Council Completes Verification of Fuel Meters a...
Mashreq Bank offering credit cards for every passion
Renault-Nissan-Mitsubishi Launches a Venture Capital Fund to Invest Up to $1 Bil...
Panasonic Jaguar Racing Set Their Sights on Marrakesh E-Prix
HP Fuels the Future of Computing at CES 2018
Mido's Baroncelli Prisma - A sparkling play of prisms enhanced by 51 diamonds'
Governments to Signal Support for IRENA Key Role in Global Energy Transformation
ZAKK Air specialised headset for athletes launched in UAE
LG's Award-winning 4k Uhd Projector to Debut at CES 2018
HH Sheikh Hasher Bin Maktoum Al Maktoum opens CABSAT 2018
Dallas Picks Ericsson for Smart Cities Traffic Solution
Property Remains Preffered 2018 Investment Asset for UAE Residents
His Highness Sheikh Hasher bin Maktoum bin Juma Al Maktoum Visits du's Stand on ...