GCC LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

GCC LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The GCC LED lighting market reached a value of US$ 689.2 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,452.1 Million by 2027, exhibiting a CAGR of 14.1% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Currently, LEDs are the most energy-efficient and one of the rapidly developing lighting technologies in the world. They offer numerous benefits over the conventional lighting technologies. LED lights have a longer lifespan, consumes up to 90% less electricity than the traditional lighting sources and are highly efficient with minimum radiation or heat emission. As a result, LED lights are rapidly replacing incandescent and fluorescent lights in the commercial, industrial and residential sectors in the GCC region.

Factors like growing urbanization rates, infrastructural development and concerns over emission of greenhouse gases are currently driving the growth of the LED lighting market in the GCC countries. Other factors like the new UAE regulations which restrict the imports and sales of incandescent lamps; upcoming events like the FIFA World Cup in 2022, the ongoing green building movement, increasing government support and a ban on inefficient lighting technologies are further expected to create a massive demand for LED lighting in the major GCC markets. Currently, Saudi Arabia and UAE represent the two biggest markets for LED lights in the region.

This report provides a deep insight into the GCC LED lights industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a LED lights manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the GCC LED lights industry in any manner.

Markets Analysed:

Global LED lighting market
GCC region LED lighting market
Saudi Arabia LED lighting market
UAE LED lighting market
Qatar LED lighting market
Bahrain LED lighting market
Kuwait LED lighting market
Oman LED lighting market

Products Manufactured:

Panel Lights
Flood Lights
Down Lights
Street Lights
Tube Lights
Bulbs

Technical and Financial Analysis:

Manufacturing Process
Raw Material Requirements
Land Requirements
Construction Requirements
Manpower Requirements
Utility Requirements
Packaging Requirements
Capital Investments
Operating Expenses
Incomes
Profit Margins
Return on Investment

Key Questions Answered in This Report:

How has the GCC LED lighting market performed so far and how will it perform in the coming years?
What are the key regional markets in the GCC LED lighting industry?
What has been the impact of COVID-19 on the GCC LED lighting industry?
Which are the key end-use industries in the GCC LED lighting industry?
What are the various stages in the value chain of the GCC LED lighting industry?
What are the key driving factors and challenges in the GCC LED lighting industry?
What is the structure of the GCC LED lighting industry and who are the key players?
What is the degree of competition in the GCC LED lighting industry?
What are the profit margins in the GCC LED lighting industry?
What are the key requirements for setting up LED lights manufacturing plant?
How LED panel lights are manufactured?
How LED flood lights are manufactured?
How LED down lights are manufactured?
How LED street lights are manufactured?
How LED tube lights are manufactured?
How LED bulbs are manufactured?
What are the various unit operations involved in an LED lights manufacturing plant?
What is the total size of land required for setting up an LED lights manufacturing plant?
What are the machinery requirements for setting up an LED lights manufacturing plant?
What are the raw material requirements for setting up an LED lights manufacturing plant?
What are the packaging requirements for LED lights?
What are the transportation requirements for LED lights?
What are the utility requirements for setting up an LED lights manufacturing plant?
What are the manpower requirements for setting up an LED lights manufacturing plant?
What are the infrastructure costs for setting up an LED lights manufacturing plant?
What are the capital costs for setting up an LED lights manufacturing plant?
What are the operating costs for setting up an LED lights manufacturing plant?
What will be the income and expenditures for an LED lights manufacturing plant?
What is the time required to break-even?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global LED Lighting Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Market Breakup by Region
5.4 Market by LED Products: LED Lamps, Modules and Fixtures
5.4.1 Market Trends
5.4.2 Market Forecast
5.5 Market Breakup by Application
5.6 Market Forecast
6 GCC LED Lighting Industry
6.1 Market Overview
6.2 Market Performance
6.3 Impact of COVID-19
6.4 Comparative Analysis of CFL and LED
6.5 Market Breakup by Product Type
6.6 Market Breakup by Application
6.7 Market Breakup by Country
6.8 Market Breakup by Import and Domestic Manufacturing
6.9 Market Breakup by Public and Private Sectors
6.10 Market Breakup by Indoor and Outdoor Segment
6.11 Market Forecast
6.12 SWOT Analysis
6.12.1 Overview
6.12.2 Strengths
6.12.3 Weaknesses
6.12.4 Opportunities
6.12.5 Threats
6.13 Value Chain Analysis
6.13.1 Primary Raw Material Suppliers
6.13.2 LED Chip Manufacturers
6.13.3 LED Package and Module Manufacturers
6.13.4 Lighting/Electronic Products Manufacturers
6.13.5 Product Distributors
6.13.6 End Users
6.14 Porter’s Five Forces Analysis
6.14.1 Overview
6.14.2 Bargaining Power of Buyers
6.14.3 Bargaining Power of Suppliers
6.14.4 Degree of Competition
6.14.5 Threat of New Entrants
6.14.6 Threat of Substitutes
6.15 Key Success Factors and Risk Factors for LED Manufacturers
6.16 Price Analysis
6.16.1 Key Price Indicators
6.16.2 Price Structure
7 GCC LED Lighting Industry: Key Demand Drivers
7.1 Government’s Push for Sustainable Development in the Region
7.2 Upcoming Events in the GCC Region Demanding Efficient Lighting Solutions
7.3 Government’s Ban on Inefficient Incandescent Bulbs
7.4 Increasing Awareness of LEDs
8 Saudi Arabia LED Lighting Industry
8.1 Market Overview
8.2 Market Performance
8.3 Market Breakup by Application
8.4 Market Breakup by Product Type
8.5 Market Forecast
9 UAE LED Lighting Industry
9.1 Market Overview
9.2 Market Performance
9.3 Market Breakup by Application
9.4 Market Breakup by Product Type
9.5 Market Forecast
10 Other Markets in the GCC Region
10.1 Qatar LED Lighting Market
10.2 Oman LED Lighting Market
10.3 Kuwait LED Lighting Market
10.4 Bahrain LED Lighting Market
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
12 LED Lights Manufacturing Process
12.1 Panel Light
12.1.1 Product Overview
12.1.2 Manufacturing Process and Process Flow
12.1.3 Raw Material Requirements
12.1.4 Major Machinery Pictures
12.1.5 Suppliers of Raw Materials and Delivery Time
12.2 Down Light
12.2.1 Product Overview
12.2.2 Manufacturing Process and Process Flow
12.2.3 Raw Material Requirements
12.2.4 Major Machinery Pictures
12.2.5 Suppliers of Raw Materials and Delivery Time
12.3 Flood Light
12.3.1 Product Overview
12.3.2 Manufacturing Process and Process Flow
12.3.3 Raw Material Requirements
12.3.4 Major Machinery Pictures
12.3.5 Suppliers of Raw Materials and Delivery Time
12.4 Street Light
12.4.1 Product Overview
12.4.2 Manufacturing Process and Process Flow
12.4.3 Raw Material Requirements
12.4.4 Major Machinery Pictures
12.4.5 Suppliers of Raw Materials and Delivery Time
12.5 Tube Light
12.5.1 Product Overview
12.5.2 Manufacturing Process and Process Flow
12.5.3 Raw Material Requirements
12.5.4 Major Machinery Pictures
12.5.5 Suppliers of Raw Materials and Delivery Time
12.6 Bulb
12.6.1 Product Overview
12.6.2 Manufacturing Process and Process Flow
12.6.3 Raw Material Requirements
12.6.4 Major Machinery Pictures
12.6.5 Suppliers of Raw Materials and Delivery Time
13 Project Details, Requirements and Costs Involved
13.1 Land Requirements and Expenditures
13.2 Construction Requirements and Expenditures
13.3 Plant Machinery
13.4 Raw Material Requirements and Expenditures
13.5 Packaging Requirements and Expenditures
13.6 Transportation Requirements and Expenditures
13.7 Utility Requirements and Expenditures
13.8 Manpower Requirements and Expenditures
13.9 Other Capital Investments
14 Loans and Financial Assistance
15 Project Economics
15.1 Capital Cost of the Project
15.2 Techno-Economic Parameters
15.3 Product Pricing and Margins Across Various Levels of the Supply Chain
15.4 Taxation and Depreciation
15.5 Income Projections
15.6 Expenditure Projections
15.7 Financial Analysis
15.8 Profit Analysis
16 Key Player Profiles

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