LED & OLED Lighting Products and Displays Market Poised to Expand at CAGR of 14.3% by value During 2015 - 2025
On the basis of product type, Middle East LED & OLED lighting products market has been segmented into solar and conventional. Solar segment accounted for 6.5% value share of the market in 2014 and is expected to register a CAGR of 17.8% over the forecast period. By product type, Middle East LED & OLED display market has been segmented into mobile displays, consumer TV displays and outdoor LED displays. Mobile displays segment accounted for 15.4% value share in 2014 and is expected to register a CAGR of 7.8% over the forecast period. However, in terms of value, consumer TV segment is projected to be dominant by 2025, accounting for market share of 75.7%, as compared to mobile displays segment, with 20.7% share.
Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-eu-1253
On the basis of end use, Middle East LED and OLED lighting products market is segmented into residential and commercial; among these, commercial segment accounted for a value share of 67.1% in 2014, which is projected to decrease to 65.2% by 2025. In Middle East LED & OLED lighting products market, residential segment is projected to exhibit the highest CAGR of 14.8% over the forecast period.
In Middle East LED and OLED displays market, outdoor LED displays segment is further segmented on the basis of product type and colour display. On the basis of product type, outdoor LED display segment is further sub-segmented into LED Billboards, LED mobile panels, LED video walls and LED traffic lights displays.
Growth of the Middle East LED & OLED lighting products and displays market is mainly driven by rising demand due to government regulations, increasing focus on R&D activities and increasing quality construction projects, including shopping malls and multiplexes. Other trends driving growth include increasing shift from AMOLED display technology to OLED display technology and increasing investments by key players in developing regions.
This report covers trends driving each segment and respective sub-segments and offers analysis of and insights on the potential of the Middle East LED & OLED lighting products and displays market in specific countries. KSA (The Kingdom of Saudi Arabia) dominated the Middle East lighting products market with over 32.6% market share in GCC region in 2014 and is anticipated to remain dominant by 2025, followed by UAE and Qatar. Among all countries in GCC region, KSA market is anticipated to register the highest CAGR over 2015–2025, followed by UAE. This is mainly attributed to increasing investments in green infrastructure in the Middle East. Turkey dominated the Middle East lighting products market with over 53% market share in the Levant region in 2014, and is anticipated to remain dominant by 2025, followed by Israel and Egypt. Among all countries in Levant region, Turkey market is anticipated to register the highest CAGR over 2015–2025, followed by Egypt, due to decreasing cost and enhanced performance of LED products.
Key players in the Middle East LED & OLED lighting products and displays market include GE Lighting, LLC, OSRAM Licht AG, Daktronics Inc., and Samsung Electronics Co. Ltd. Major participants are focusing on R&D activities to provide innovative and environment-friendly products to attain sustainability. These key players are also focusing on expansion and strategic acquisitions to strengthen their product portfolio.
Request For Report Table of Content (TOC): https://www.futuremarketinsights.com/askus/rep-eu-1253
“Industry Expert from LUCECO (Nexus Industries Ltd.) stated that increasing investment in green infrastructure in the Middle East is expected to offer lucrative opportunities to providers of environmentally friendly and energy-efficient products such as LED lighting solutions”.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release LED & OLED Lighting Products and Displays Market Poised to Expand at CAGR of 14.3% by value During 2015 - 2025 here
News-ID: 1028313 • Views: 169
More Releases from Future Market Insights
Ferrovanadium Market to Witness Robust Expansion throughout the Forecast 2018-20 …
Future Market Insights (FMI) analyses the global ferrovanadium market in its new publication titled “Ferrovanadium Market: Global Industry Analysis (2013 – 2017) & Opportunity Assessment (2018 – 2028)”. This study provides data for 2017 along with the forecast for the period (2018–2028). The main objective of the report is to identify the dynamics of the market and provide recent updates and insights pertaining to various segments of the global ferrovanadium
Automotive Lighting Market is expected to grow at a CAGR of ~6% during the forec …
In a recent publication, Future Market Insights (FMI) provides a perspective on the growth trajectory of automotive lighting market for the period between 2019 and 2029. According to the study, worldwide sales of automotive lighting reached ~2 billion units, equating a value of ~US$ 36.5 billion in 2018. Gains remain driven by growing popularity of luxury cars and high purchasing power of middle class demographic in developing countries that increased the
Motorcycle Suspension System Market Size, Share, Industry Analysis, Future Growt …
Future Market Insights has released a new market study on "Motorcycle Suspension System Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028", which studies the global Motorcycle Suspension System market and offers deep dive analysis for the next ten years. The report evaluates all the key macro-economic factors projected to support the growth of the global as well as regional markets. The report on Motorcycle Suspension System also presents the
Clinical Trials Market Survey Report 2021 Along with Statistics, Forecasts till …
The study offers a long-term forecast of the clinical trials landscape for the period between 2019 and 2029. The clinical trials landscape is projected to record a 4.5% CAGR through 2029. Collaboration at Its Peak: Key Strategy of Manufacturers in Clinical Trials Market For reducing economic burden, many companies are planning to shift their focus towards on-core business activities, thereby outsourcing their clinical trials activities to the CROs (contract research organizations). This
More Releases for LED
LED Supply Chain
This report covers market size and forecasts of LED Supply Chain, including the following market information: Global LED Supply Chain Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) Global LED Supply Chain Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) Global LED Supply Chain Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) Global LED Supply Chain Market Size by Company, 2019-
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=68754 Table of Contents: Table of Contents Global LED Driver (LED Lighting Driver) Market Research Report
Global LED Packaging Market
Global LED Packaging Market is expected to reach US$ 34.29 Bn by 2026 from US$ 18.2 Bn in 2016 at a CAGR of 6.54%. The factors such as increasing demand for high power grade LED packages for lighting applications, rising demand for LED packages in the display panel market, growing government initiatives and regulations for adoption of energy-efficient LED lighting and increasing demand for smart LED lighting solutions are responsible
LED Lighting Optics Market
“Global LED Lighting Optics Market Insights, Forecast to 2025” This report researches the worldwide LED Lighting Optics Market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategies. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor
LED Flashlight Market 2017 - SureFire, LED Lenser, Pelican, NovaTac
Apex Research, recently published a detailed market research study focused on the "LED Flashlight Market" across the global, regional and country level. The report provides 360° analysis of "LED Flashlight Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LED Flashlight industry, and estimates the future trend of LED Flashlight market on