UAE Smart Lighting Market By Offering (Hardware, Software and Service), By Installation Type (New Installations and Retrofit Installations), By End-Use Application (Indoor, Outdoor), By Communication Technology (Wired, Wireless), By Region, Competition Forecast & Opportunities, 2027
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationUAE Smart Lighting Market By Offering (Hardware, Software and Service), By Installation Type (New Installations and Retrofit Installations), By End-Use Application (Indoor, Outdoor), By Communication Technology (Wired, Wireless), By Region, Competition Forecast & Opportunities, 2027
UAE smart lighting market is anticipated to grow at an impressive CAGR in the forecast period, 2023-2027. The growing demand for energy-efficient lighting systems and the surge in popularity of LED bulbs and lighting are driving the demand for the UAE smart lighting market. Also, the development of the smart city and the advancements in wireless communication technology, and the increased use of
Surge in Demand for Energy-efficient lighting systems Drives the Market Growth
Consumers are becoming more aware of the benefits of having an energy-efficient system in the residential space, accelerating the demand for technologies that operate on low energy. The smart lighting system considerably uses less power in comparison to the traditional lighting system. The majority of the smart lighting systems are electronic or electrical and usually operate on power and energy sources. The rapid depletion and increased burden on energy sources coupled with soaring electrical bills make the market players develop energy-efficient smart lighting systems. Therefore, the growing construction of residential and commercial spaces and increased awareness about the advantages of using smart lighting system is expected to boost the demand for UAE smart lighting market over the next five years.
Increased Installation of Smart Street Lighting System Fuels the Market Growth
Leading authorities are continuously working to improve the existing infrastructure by allocating considerable funds to research and development activities. The outdoor lighting systems are also changing from on and off systems to smart luminescence. Market players have started to adopt technologies like the internet of things and artificial intelligence, which can help consumers attain real-time updates and information and make informed decisions. Based on UAE Vision 2021, the government aims to install smart lighting products for all airports, ports, roads, and other public infrastructure. Such as, in Abu Dhabi, the government authorities are working on plans to replace thousands of streetlights as a part of its major energy-efficiency drive. The municipality has awarded the contract to Tatweer to install 43,000 LED lights across the United Arab Emirates. This project is expected to deliver energy savings of about 900 million kilowatts over the course of its 12-year agreement. Also, in Dubai, as a part of its Dubai Clean Energy Strategy, the government authorities have set a target to produce 75 percent of energy through clean sources by 2050. An energy-saving system is installed at Jumeirah Corniche, which switches on when it detects cyclists and pedestrians. This project is on a trial basis and is operated by Philips Lighting and Dubai’s Roads and Transport Authority. The upcoming and ongoing energy-saving projects in UAE are expected to significantly contribute to the UAE smart lighting market in the forecast period.
Emergence of Online Sales Channel Supports the High Market Demand
The availability of high-speed internet connections and the proliferation of smart devices boost the popularity of e-commerce channels among the tech-savvy youth population. Market players are also shifting toward the online sales channel to expand their consumer base and improve their brand’s visibility. They offer advanced and wireless smart lighting products at affordable rates on online platforms. Quick doorstep delivery, easy exchange options, and lucrative discounts are the other facilities the market players offer to attract customers to buy smart lighting products from their respective brands.
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Market Segmentation
The UAE
Market Players
Trans Light Electricals, Eco smart light TRDG, Global Light & Power LLC, Schneider Electric, Philips Lighting N.V., General Electric Company, Honeywell International Inc., Eaton Corporation, Legrand SA, OSRAM Light AG, are the major market players operating in the UAE smart lighting market.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Offering · Installation Type · End-Use Application · Communication Technology |
| Regional scope | Dubai, Abu Dhabi, Sharjah, Rest of UAE |
| Key companies profiled | Trans Light Electricals, Eco smart light TRDG, Global Light & Power LLC, Schneider Electric, Philips Lighting N.V., General Electric Company, Honeywell International Inc., Eaton Corporation, Legrand SA, OSRAM Light AG |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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