UAE lighting rapidly growing market demand for LED lighting popular - (AddTime：2014-07-29)

After several years after the real estate bubble crisis, the UAE and other GCC countries construction was finally out of the woods, has entered a recovery phase. In many projects launched on the occasion of a large number of lighting market spring. Among them, the lighting equipment market is the United Arab Emirates and Saudi Arabia's largest. According to the UAE "Gulf News" reported on July 23, the lighting market, the rapid growth of the GCC countries, and the United Arab Emirates and Saudi Arabia are the two countries in the vanguard of this market. In 2013, the sum of the two markets accounted for 70% of the total lighting market in the region, reaching $ 2.5 billion.

Today, the country's construction market in the Gulf state of complete recovery, lighting equipment market in the region around 2014 -2018 demand will grow by about 8% -10% per year, will provide vast global lighting equipment manufacturers and design companies development stage. Emirates Industrial Research Center released a report, the UAE lighting market in 2014 is expected to grow by 15%. In recent years, the UAE growing population, urbanization and rapid development to control carbon dioxide emissions, energy conservation, the UAE state-owned enterprises began to attach importance to the advantages of intelligent lighting systems and focus on environmentally friendly products. LED lighting technology is energy saving lighting technology, 70% energy saving, carbon dioxide emissions can be reduced by 90%. LED lighting technology can be applied to roads, tunnels, bridges and public facilities and other places of lighting devices. Therefore, LED lighting equipment in the UAE market is most welcome. Meanwhile, the UAE emirate of Dubai plans to build the Sheikh • • • Rashid Mohamed solar power plants, installed capacity of up to 1,000 MW by 2030, the plant will be built into the world's largest solar power plant. In addition to Dubai to install solar panels on top of buildings, electricity production in 2030 up to 2500 MW. It is understood that, with the rapid development of the Gulf region's economy, rapid population growth, the Middle East countries to promote investment in infrastructure continues to increase, while the new leadership of the booming demand for power, lighting and new energy markets.

Rely on oil-rich Middle East in recent years, rapid economic development and growing prosperity driven by the construction industry, especially in the construction industry UAE, Saudi Arabia, Qatar and other Gulf Cooperation Council (GCC) member states the most prosperous. According to statistics ZawyaProjectsMonitor provided, to 2037, GCC worth of construction projects is expected to reach $ 1.085 trillion. Construction boom boom spawned the inevitable demand for lighting equipment.