UAE Smart Lighting Market to be dominated by Abu-Dhabi and Dubai region till 2027
Modernization of the
existing infrastructure and growing environmental concerns are expected to
drive the demand for the UAE smart lighting market in the forecast period,
2023-2027.
According to TechSci Research
report, “UAE Smart Lighting
Market By Region, Competition Forecast & Opportunities, 2027”, the UAE smart lighting market is
expected to witness robust growth in the forecast period, 2023-2027. Smart
lighting is used to manage the LED lighting in the space from a remote
distance. The installation of smart lighting is beneficial for homes as it is
highly energy-efficient and has high-cost savings. Smart lighting products
provide sufficient light and are available in various color tones. As per
requirement, smart lighting can be switched on and off by the consumers, connected
via ZigBee, Z-Wave, wi-fi, Bluetooth, and SmartThings can monitor the energy
usage. When integrated with platforms like Google Assistant, Microsoft Cortana,
Amazon’s Alexa, and other smart platforms, they can be controlled by voice
commands.
Integration of advanced wi-fi
communication modules in smart lighting systems and innovations in smart
lighting systems are the primary factors driving the demand for the UAE smart
lighting market. Smart lights can easily connect with IoT devices and can be
operated or controlled by using smart devices. They are gaining popularity in
residential and commercial spaces. Also, the government is releasing policies
like UAE Energy Strategy 2050 for energy conservation and environment
protection which is expected to boost the demand for smart lighting products in
the forecast period.
However, the high maintenance
and installation cost of smart lighting systems may restrain the UAE smart
lighting market growth in the forecast period.
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The UAE smart lighting market
is segmented into offering, installation type, end-use application,
communication technology, regional distribution, and competitive landscape.
Based on offering, the market
is divided into hardware, software, and service. The hardware segment is
anticipated to capture the highest market share in the forecast period. The
surge in demand for high-input powered devices and the improved standards of
living are driving the demand for the segment demand. The market players are
coming up with advanced products integrated with advanced solutions. Such as,
the smart LED luminaires are cost-effective and offer a high return on
investment. Smart lighting products have low installations and are safer to use
as metal cladding and conduits are not required.
Based on installation type, the
market is divided into new installations and retrofit installations. The new
installation type is expected to account for a significant market share in the
next five years owing to the several ongoing smart city projects and the
implementation of energy-efficient policies across the country.
Based on end-use application,
the market is bifurcated into indoor and outdoor. The indoor system is expected
to hold the largest market share over the forecast period due to the rise in
the construction of industrial, residential, and commercial buildings. Also,
the growing consumer awareness about the advantages of smart lighting and the
adoption of energy-efficient products in the smart lighting market is
influencing the market demand.
Based on communication technology,
the market is divided into wired and wireless. The wireless segment is expected
to witness the fastest incremental growth in the forecast period. The wireless
smart lighting system is more convenient than a wired lighting system as it can
be easily installed, which is the major driver for their high demand.
Major market players
operating in the UAE smart lighting market are:
·
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
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“According to the Smart City
Index 2021, Dubai and Abu Dhabi have been ranked the smartest cities in the
Middle East and North African region. Abu Dhabi and Dubai's leading authorities
aim to develop several sustainable smart cities to enhance the living standards
of their citizens. The concept of a smart city is synonymous with a smart
lighting system, as the main aim of smart cities is to use energy more
efficiently. The advancements in digital technologies and the optimum
utilization of the existing resources are expected to increase the
opportunities for the smart lighting market. Zayed Smart City Project, Masdar
City, Dubai Silicon Oasis, Desert Rose City, Dubai South District are some of
the projects undertaken by the leading authorities which are expected to propel
the growth of the UAE smart lighting market till 2027” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“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”, has evaluated the future
growth potential of UAE smart lighting market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and analyzes
the emerging trends along with essential drivers, challenges, and opportunities
in UAE smart lighting market.
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