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 9998 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
Huawei unveils the long-awaited HUAWEI Mate 10 and HUAWEI Mate 10 Pro
Level Shoes Hosts Christian Louboutin for “Dear India”
Glamazle.com introduces Super Matte ‘Glambry' lip tints for the perfect pout
ICONIC Youth Fashion Show Experience
SCTDA ‘My Destination' Program Kicked Off with SUC Students
Diamonds Are Everyone's Best Friend! VOD Dubai International Jewellery Show 2017...
PUMA X Photographer Gunner Stahl For Autumn/Winter 2017
The Rado True Shadow - Limited edition timepiece co-created with Japanese design...
Beauty Night Is Back at Sheraton Dubai Creek
Reinventing Raymond Weil's Emblematic Chronograph - The Refined Swiss Watchmakin...
The Lacoste 12.12 Kids Collection
MICHAEL Michael Kors: Fall 2017 Sadie Large Leather Satchel
Dubai Chamber concludes high-level trade mission to Malta
Versace Fall/Winter 2017 Collection
GUESS Launches Stunning Array of Collections for Fall17
Glambox.me - Get Glam On The Go
Coffee at the touch of a button with ‘Quespresso'
Maserati Merchandise Products
Introducing FitFuse by COÉGA Sunwear
Humaid Mohammed Al Qatami, Director General, Dubai Health Authority Officially O...
More café re-opens its doors
Renault KOLEOS achieves five-star Euro NCAP rating
Regional Storytelling Takes Centre Stage at DIFF With Muhr Feature Category
‘brands4u', the biggest factory outlet opens in Reef Mall, Dubai
Career of Egyptian Writer Wahid Hamed to Be Honoured With Arab Lifetime Achievem...
RAYMOND WEIL'S Freelancer Ladies - The Ideal Ally for the Modern Active Woman
Airbus and Bombardier Announce C Series Partnership
CNN's Marketplace Middle East uncovers the DIFC's central role in Dubai's econom...
The Dubai Mall celebrates Diwali with a splash of colour
Seagal Shows Off the Stunning Jules Verne Instrument II from Louis Moinet.
Partnership between Roger Dubuis and Emirates Airline Foundation
Johnson's Baby Cleans Up the Clutter for Millennial Mums at Exclusive Event
Peugeot on the Podium at Rallye Du Maroc: Ready to Tackle Dakar 2018 After a Pro...
Celebrate festival of light at home with your loved ones
Kalimat Group Brings Arabic Literature to the Fore at Frankfurt Book Fair
Trend Alert: Think Pink
40 schools joined the 4th Young Business Talent Hunt 2017
F&B October Listings 2017 | Palace Downtown
Robinsons Launches the Hall of Fashion and Accessories
Dari Home opens in The Dubai Mall
Jafza named best free zone in the world for large companies
UAE to host the region's first women's only soccer tournament Global Goals World Cup
UAE Exchange Introduces Enhanced Lounge Experience to Deliver Premium Customer S...
Tissot, Official Timekeeper of the 18th Asian Games Jakarta Palembang 2018
Join Us if You Dare for a Halloween Scare at Tub of Butter
First A330neo successfully completes maiden flight
Fillerina's 14-day Dermo-Cosmetic Treatment Kit delivers quick and effective fix
Gulftainer Wins Port and Terminal Operator Award at Seatrade Maritime Awards 2017
World Green Economy Summit (WGES) 2017 to shed light on how smart cities have be...
World Green Economy Summit (WGES) 2017 underlines key initiatives and strategies...