Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
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According to the latest report by IMARC Group, titled “UAE LED Lights Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the UAE LED Lights Market reached a value of AED 2,736 Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 12% during 2021-2026.
We
are regularly tracking the direct effect of COVID-19 on the market, along with
the indirect influence of associated industries. These observations will be
integrated into the report.
Request Free Report Sample: https://www.imarcgroup.com/led-lights-market-uae/requestsample
A light-emitting diode (LED) is a cost-effective
and energy-efficient lighting device that illuminates when an electric current
pass through it. LEDs provide energy-efficient lighting, which significantly
helps in reducing electricity bills. Also, LED lights offer a longer lifespan,
greater durability, better light quality, etc., compared to incandescent or
halogen lamps. Besides this, they are cost-effective and are available in a
broad range of colors. As a result, these lighting systems are used in various
industrial and home products, such as display boards, modular lighting,
recessed downlights, task lighting, etc.
The rising requirements for energy-efficient
lighting systems and increasing infrastructural developments are primarily
driving demand for LEDs in the UAE. Furthermore, the increasing concerns
towards greenhouse gas emissions have bolstered the use of LED lighting
products for reducing the carbon emissions from traditional fluorescent lights.
Moreover, the escalating installation of LED lights in automobiles, mobile
devices, signal and signage, etc., is also propelling the market growth.
Besides this, various regulations by the UAE government have restricted the
import and sales of incandescent bulbs, which are expected to further bolster
the demand for LED lights over the forecasted period.
UAE
LED Lights Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key
Players:
The competitive
landscape of the uae led lights market has been studied in the report with the
detailed profiles of the key players operating in the market.
Key Market Segmentation:
The
report has segmented the uae led lights market on the basis of manufacturing process.
Breakup by Manufacturing Process:
·
Panel Light
·
Down Light
·
Flood Light
·
Street Light
·
Tube Light
·
Bulb
Explore Full Report with TOC
& List of Figure: https://www.imarcgroup.com/led-lights-market-uae
Key highlights of the report:
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:
Saudi Arabia LED Lights Market Report
UAE Smart Lighting Market Growth
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.
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