Category Archives: LED

Why is LED Lighting Market so Lucrative in the GCC Region

LED LightingCurrently, LEDs are the most energy-efficient and one of the rapidly developing lighting technologies in the world. They offer numerous benefits over the conventional lighting technologies. LED lights have a longer lifespan, consumes up to 90% less electricity than the traditional lighting sources and are highly efficient with minimum radiation or heat emission. As a result, LED lights are rapidly replacing incandescent and fluorescent lights in the commercial, industrial and residential sectors in the GCC region.

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LED lighting market in the GCC region has grown at a CAGR of 20.6% during 2009-2016. Factors like growing urbanization rates, infrastructural development and concerns over emission of greenhouse gases are currently driving the growth of the LED lighting market in the GCC countries. Other factors like the new UAE regulations which restrict the imports and sales of incandescent lamps; upcoming events like the World Expo in 2020 and the FIFA World Cup in 2022, the ongoing green building movement, increasing government support and a ban on inefficient lighting technologies are further expected to create a massive demand for LED lighting in the major GCC markets. Currently, Saudi Arabia and UAE represent the two biggest markets for LED lights in the region.

“GCC LED Lighting Market – Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022” provides a techno-commercial roadmap for setting up an LED manufacturing plant in the GCC region. The study covers all the requisite aspects of the LED market. This ranges from macro overview of the market to micro details of the industry performance, manufacturing requirements, project cost, project funding, project economics including expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the GCC LED industry in any manner.

Products Manufactured:
Panel Lights
Flood Lights
Down Lights
Street Lights
Tube Lights
Bulbs

Technical and Financial Analysis:
Manufacturing Process
Raw Material Requirements
Land Requirements
Construction Requirements
Manpower Requirements
Utility Requirements

Key Questions Answered in This Report:

How has the GCC LED lighting market performed so far and how will it perform in the coming years?
What are the key regional markets in the global GCC LED lighting industry?
Which are the key end-use industries in the GCC LED lighting industry?
What are the various stages in the value chain of the GCC LED lighting industry?
What are the key driving factors and challenges in the GCC LED lighting industry?
What is the structure of the GCC LED lighting industry and who are the key players?
What is the degree of competition in the GCC LED lighting industry?
What are the profit margins in the GCC LED lighting industry?
What are the key requirements for setting up LED lights manufacturing plant?

Related Market Research Reports:

Global OLED Lighting Sales Market Report 2017

China OLED Lighting Market Research Report 2017

Global LED Lighting Controllers Market Professional Survey Report 2017

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LEDs Used in Signage/Professional Displays Global Market Review & Forecast (2011-2017)

NEWS RELEASE

 LEDs Used in Signage/Professional Displays Global Market Review & Forecast (2011-2017)

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Upper Lake, CA (USA) – June 8, 2012  — ElectroniCast Consultants, a leading market research consultancy, today announced the release of a new market forecast of the global market consumption of packaged Light Emitting Diodes (LEDs) used in signage and professional displays.  The consumption value will increase with rising quantity growth largely offset by declining average prices.

According to the study results, the global consumption value LEDs used in signage & professional displays in 2011 was over $1.63 billion, up from $1.5 billion in 2010. In the year 2017, consumption is forecast to reach $3.3 billion. In terms of consumption value, high brightness (HB) LEDs holds a relative market share of nearly 67 percent in 2012.

 The American region (South, Central and North America) and the Asia Pacific region (APAC) are even in market share (2012); however, the APAC region is forecast to expand at a faster pace.

 The Europe, Middle East and African region (EMEA) holds over 20 percent share of global consumption value in 2012; however, is forecast for relatively flat growth for the next few years.

 This 2011-2017 market review and forecast is presented for Standard-type versus High Brightness- (HB) type LEDs used in signage and professional displays. High Brightness (HB) light emitting diodes (LEDs), defined by ElectroniCast, are component-level bulbs with a Lumens/Watt rating of 30lm/W and above (>30lm/W); Standard-type LEDs have a Lumen/Watt rating of less than 30lm/W (<30lm/W).

This application category includes covers LEDs that are used signs and displays. LEDs are used in building facades, large outdoor video screens, digital billboards, sport/stadium displays, small indoor retail displays, food displays (restaurants/ supermarkets), signs on taxis and destination signs on mass-transit vehicles, channel-lettering/light-boxes, LED/LCD TV screens (used exclusively for professional purposes), and the list continues.

The market share leader, in terms of volume (the quantity/number of LEDs), are the standard-type LEDs, with over 95 percent last year in 2012; however, since there is a huge difference in average selling prices between HB-LEDs and standard LEDs, the HB-LEDs hold the consumption value leadership position.

The High-Brightness (HB) category also includes Ultra-High Brightness (UHB) light emitting diodes (LEDs with a Lumen/Watt rating of over 70lm/W).  The ASP for both conventional (standard) and HB LEDs will decrease annually; however, Ultra High Brightness LEDs (UHB-LEDs) prices have a substantial premium over the HB-LEDS, and although currently there is a relatively small use of UHB-LEDs in this application, as the use of UHB-LEDs increase, the over-all effect shows the HB-LED category with only a slight annual decrease, in terms of average selling prices (2011-2017).

 Note: Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

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Light Emitting Diode (LED) Used in Signage & Professional Display
Global Market Forecast ($, Billion)

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