UAE “Gulf News” reported on July 23, the lighting market’s rapid growth in the GCC countries, and the United Arab Emirates and Saudi Arabia are two countries in the vanguard of this market. In 2013, the sum of the two markets accounted for 70% of the total lighting market in the region, amounting to $ 2.5 billion (approximately RMB 15.478 billion yuan). Today, the country’s construction market in the Gulf state of complete recovery, lighting equipment market in the region around 2014 -2018 demand will grow by about 8% -10% per year, will provide vast global lighting equipment manufacturers and design companies development stage.
Emirates Industrial Research Center released a report, the UAE lighting market in 2014 is expected to grow by 15%. In recent years, the UAE growing population, urbanization and rapid development to control carbon dioxide emissions, energy conservation, the UAE state-owned enterprises began to attach importance to the advantages of intelligent lighting systems and focus on environmentally friendly products.
LED lighting technology is energy saving lighting technology, 70% energy saving, carbon dioxide emissions can be reduced by 90%. LED lighting technology can be applied to roads, tunnels, bridges and public facilities and other places of lighting devices. Therefore, LED lighting equipment in the UAE market is most welcome.
It is understood that, with the rapid development of the Gulf region’s economy, rapid population growth, the Middle East countries to promote investment in infrastructure continues to increase, while the new leadership of the booming demand for power, lighting and new energy markets.