United Arab Emirates lighting market demand rapid growth LED lighting is welcome

After the real estate bubble crisis for several years, the United Arab Emirates and other GCC country's construction industry finally get rid of dilemma, has entered the stage of complete recovery. In many engineering launched a large number of the occasion, Spring is in the air. lighting market. Among them, the United Arab Emirates and Saudi Arabia, the largest lighting equipment market in Arabia.

According to the UAE "Gulf News" reported in July 23rd, the rapid growth of the lighting market in GCC countries, and between the UAE and Saudi Arabia is the pioneer in this market. In 2013, the total market share of the two countries accounted for 70% of the total lighting market in the region, up to $2 billion 500 million.

Now, the Gulf's construction market is fully recovered, the area lighting equipment market demand in the years 2014 -2018 annual growth of about 8%-10%, will provide a broad development stage for the global lighting equipment manufacturers and design companies.

UAE Industry Research Center released a report shows that the United Arab Emirates lighting market is expected to grow by 15% in 2014. In recent years, with the rapid increase of population and the rapid development of urbanization, in order to control the carbon dioxide emissions and save energy, the United Arab Emirates state-owned enterprises began to pay attention to the advantages of intelligent lighting system and pay attention to environmental protection products.

LED lighting technology is energy saving and environment-friendly lighting technology, energy saving 70%, carbon dioxide emissions can be reduced by 90%. LED lighting technology can be used in the main roads, tunnels, bridges and public facilities and other places of lighting equipment. Therefore, LED lighting equipment in the UAE market is very popular.

At the same time, the UAE emirate of Dubai plans to build Sheikh Mohamed bin Rachid 2030 solar power station, installed capacity of up to 1000 megawatts, this power station will be built to become the world's largest solar power station. In addition, Dubai installed solar panels at the top of the building, in 2030 the power output of up to 2500 mw.

It is understood that, with the rapid development of the bay area economy, the rapid growth of population, the Middle East countries in terms of infrastructure investment continued to increase, the vigorous development and the new demand led lighting, electricity and new energy market.

Relying on rich oil, Middle East economic development rapidly in recent years, driven by the construction industry is booming, especially the cooperation committee of the United Arab Emirates, Qatar and other Gulf countries, Saudi Arabia (GCC) members of the construction industry the most prosperous. According to ZawyaProjectsMonitor statistics show that by 2037, the total value of GCC construction projects is expected to reach $10850. The prosperity of the construction industry is bound to give birth to the booming demand for lighting equipment.

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