The GCC smart lighting market exhibited strong growth during 2015-2020. Looking forward, the market expects to grow at a CAGR of 21.6% during 2021-2026, according to the latest report by IMARC Group.
Smart lighting refers to the lighting technology that functions through software solutions. It requires the users to connect to a smart home assistant application to control the lighting remotely. It is widely utilized in commercial, residential and industrial spaces as it offers a longer service life and saves energy significantly.
Request to get sample report: https://www.imarcgroup.com/gcc-smart-lighting-market/requestsample
Market Trends
The market in the GCC region is primarily driven by the increasing investments by public and private agencies in infrastructural development projects. Along with this, substantial growth in the tourism sector is also providing a boost to the demand for smart lighting across the region. Additionally, continual technological advancements in the GCC region, such as the integration of the Internet of Things (IoT) with these lighting solutions, are providing an impetus to the market growth further. Other factors, including rapid urbanization, inflating disposable incomes of the masses and numerous government initiatives toward smart city development, are also contributing to the market growth.
GCC Smart Lighting Market Segmentation:
Breakup by Offering
- Hardware
- Lights and Luminaires
- Lighting Controls
- Software
- Services
- Design and Engineering
- Installation
- Post-Installation
Breakup by Communication Technology:
- Wired Technology
- Wireless Technology
Breakup by Installation Type:
- New Installation
- Retrofit Installation
Breakup by Light Source:
- LED Lamps
- Fluorescent Lamps
- Compact Fluorescent Lamps
- High Intensity Discharge Lamps
- Others
Breakup by Application:
- Commercial
- Residential
- Public Infrastructure
- Others
Breakup by Region:
- Saudi Arabia
- UAE
- Oman
- Kuwait
- Bahrain
- Qatar
Browse full report with TOC’s: https://www.imarcgroup.com/gcc-smart-lighting-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
30 N Gould St Ste R
Sheridan, WY 82801 USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
