Press release
GCC LED Lighting Market 2017 - Philips, General Electric, Osram
The GCC LED lighting market has witnessed a robust growth over the past few years. Some of the major driving factors include growing population, energy- and cost-efficiency of LED lights, government support and increased construction activities in the region.Request a free sample copy of the report: http://www.imarcgroup.com/request?type=report&id=721&flag=B
IMARC Group’s latest report, titled “GCC LED Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the GCC LED lighting market reached a value of more than SAR 1,170 Million in 2016, growing at a CAGR of around 21% during 2009-2016. Light Emitting Diodes (LEDs) are semiconductor devices which emit visible light when an electric current is passed through them. These devices have exceptionally long life and significant potential to reduce electricity consumption, leading to financial savings for the consumers. Apart from this, LED lighting products also reduce greenhouse gas emissions, thereby contributing to a greener environment. As a result, LED lights are rapidly replacing incandescent and fluorescent lights, especially in the commercial and residential sectors in the GCC region.
Highlights of the GCC LED Lighting Market:
Government policies and advantages offered by LED lights represent the primary growth-inducing factors.
Based on product type, panel lights hold the majority of the market share.
Saudi Arabia holds the majority of the total share, representing the largest market.
Legislations by the governments mandating the use of LED lights on account of their energy-efficient characteristics as well as the growing environmental concerns among the consumers have facilitated the expansion of the LED lighting market in the GCC region. Despite the higher initial cost of LED lighting fixtures, people’s inclination towards long-term financial benefits is also boosting the demand for LED lighting solutions. Further, the upcoming UAE World Expo in 2020 and the FIFA World Cup in 2022 have been positively influencing the market, resulting in an increased demand for LED lights in the region. Some of the other factors driving the growth of the GCC LED lighting market include growing population, rising disposable incomes, increased construction activities and rapid urbanisation. According to the report, the market is further expected to reach a value of around SAR 2,953 Million by 2022.
The market has been segmented on the basis of product type. Currently, panel lights account for the majority of the market share. Based on application, commercial sector dominates the market followed by industrial and residential sectors. Further, LED lights are primarily used for indoor applications over outdoor applications in the GCC region. Region-wise, Saudi Arabia represents the biggest consumer of GCC LED lighting, accounting for the majority of the total share. The other major markets include UAE, Qatar, Oman, Kuwait and Bahrain. Top three key players operating in the market are Philips, General Electric (GE) and Osram.
Read full report with TOC @ http://www.imarcgroup.com/gcc-led-lighting-market
The report has examined the GCC LED lighting market on the basis of:
Type:
Panel Lights
Down Lights
Street Lights
Others
Application:
Commercial Sector
Industrial Segment
Residential Segment
Region:
Saudi Arabia
UAE
Qatar
Oman
Kuwait
Bahrain
Major Manufacturers:
Philips
General Electric
Osram
Browse related reports :
UAE LED Lights Market @ http://www.imarcgroup.com/led-lights-market-uae
Saudi Arabia LED Lights Market @ http://www.imarcgroup.com/saudi-arabia-led-lights-market
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.
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.
Contact us
IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
This release was published on openPR.
Permanent link to this press release:
Copy
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 GCC LED Lighting Market 2017 - Philips, General Electric, Osram here
News-ID: 727474 • Views: …
More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The India seafood…

India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025:
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 2.50 Billion
Market Size in 2033: USD 5.90 Billion
Market Growth Rate (CAGR) 2025-2033: 10.03%
How Big is the India Mutual Funds Industry?
The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033.
Request…

Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview:
The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC…

Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay.
IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
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…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…