UAE Smart Lighting Market To Hit US$ 180.6 Million by 2027, At a CAGR of 24.4% | Latest Research Report by IMARC Group

IMARC Group has recently released a new research study titled "UAE Smart Lighting Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

Market Outlook:

The UAE smart lighting market size reached US$ 50 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 180.6 Million by 2027, exhibiting a growth rate (CAGR) of 24.4% during 2022-2027. Smart lighting is a new generation of lighting technology that allows for advanced control and automation of lights. It consists of sensors, lighting nodes, and other smart devices connected via an internet platform over a wired or wireless network, such as Wi-Fi, Bluetooth, or Zigbee. Smart lighting includes energy-efficient and long-lasting LED lights that enable lighting to be customized, scheduled, and controlled remotely from smartphones, smart devices, or voice-activated devices.

These systems can also be integrated into smart home systems, such as Amazon Alexa or Google Home, to provide convenience. Smart lighting offers various benefits, including energy savings, improved convenience, greater flexibility and automation to a lighting infrastructure for controlling a multitude of lighting features, and increased safety and security. Currently, smart bulbs, smart switches, and smart light strips are some of the commonly available product variants in the market.  

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/uae-smart-lighting-market/requestsample

Market Trends: 

The increasing adoption of smart homes and home automation systems in the UAE represents one of the key factors bolstering the market growth. Additionally, the regional governments are launching several initiatives aimed at promoting energy-efficient lighting solutions, including smart lighting, which is providing a considerable boost to the market growth. Furthermore, the rising awareness of the benefits of smart lighting, such as energy savings and improved convenience, and increasing consumer expenditure power are accelerating the market growth. Other factors, such as the rapid upgradation of lighting equipment in retail establishments, digital billboards, shopping centers, and other commercial projects and the significant expansion of the construction industry, are positively contributing to the market growth.

Explore Full Report Description At: https://www.imarcgroup.com/uae-smart-lighting-market

Report Segmentation:

The report has segmented the UAE smart lighting market on the basis of offering, communication technology, installation type, light source and, application region.

Based on Offering:

• Hardware
• Software
• Services

Based on Communication Technology:

• Wired Technology
• Wireless Technology

Based on Installation Type:

• New Installation
• Retrofit Installation

Based on Light Source:

• LED Lamps
• Fluorescent Lamps
• Compact Fluorescent Lamps
• High Intensity Discharge Lamps
• Others

Based on Application:

• Commercial
• Residential
• Public Infrastructure
• Others

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1269&flag=C

Key highlights of the report:               

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Industry Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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This release was published on openPR.