Press release
UAE Smart Lighting Market To Hit US$ 180.6 Million by 2027, At a CAGR of 24.4% | Latest Research Report by IMARC Group
UAE Smart Lighting Market Report
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.
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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.
Browse Related Reports:
UAE LED Lights Market Report 2023-2028: https://www.imarcgroup.com/led-lights-market-uae
High-End Lighting Market 2023-2028: https://www.imarcgroup.com/high-end-lighting-market
Smart Pole Market: https://www.imarcgroup.com/smart-pole-market
China LED Market: https://www.imarcgroup.com/china-led-market
Saudi Arabia Solar PV Module Market: https://www.imarcgroup.com/saudi-arabia-solar-pv-module-market
Indian Smart Lighting Market: https://www.imarcgroup.com/indian-smart-lighting-market
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
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State: NY
Country: United States
Website: https://www.imarcgroup.com
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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