Smart Lighting Market - UAE
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Size in 2023: USD 75.8 Million
Market Size in 2032: USD 398.7 Million
Market Growth Rate (CAGR) 2024-2032: 19.6%
According to IMARC Group's report titled "UAE Smart Lighting Market Report and Forecast 2024-2032," the market reached USD 75.8 million in 2023. Looking forward, IMARC Group expects the market to reach USD 398.7 million by 2032, exhibiting a growth rate (CAGR) of 19.6% during 2024-2032.
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UAE Smart Lighting Market Trends and Drivers
- Advanced, energy-saving technologies imported from other countries support the development of the smart lighting market.
- Government initiatives, including the UAE Energy Strategy 2050 and Dubai Smart City, drive smart lighting deployments for energy efficiency and CO2 reduction.
- Increasing construction of modern residential and commercial buildings boosts demand for smart lighting systems.
- Retrofitting aging buildings also contributes to market growth.
- Rising focus on environmental sustainability and green building rating schemes encourages the use of energy-efficient lighting solutions.
- Smart lighting systems offer automation, remote control, and real-time monitoring for greater convenience and energy savings.
- IoT-powered lighting systems enable natural adaptation and automation, optimizing performance and user experience.
- AI and ML technologies are driving the development of predictive and adaptive lighting that adjusts dynamically based on occupancy and ambient luminance.
- Intelligent outdoor lighting systems for public areas, streets, and parks enhance safety and reduce operational costs.
- Market trends include lighting solutions that adjust chromaticity and power to cater to consumer and commercial needs, such as in hotels.
- Wireless and app-based interfaces are making smart lighting more accessible to consumers.
- Solar-powered smart lighting solutions are being developed for urban and rural applications.
- Sustainability remains a central theme in driving the market forward.
- Continuous technological innovation and customization will support market growth in the coming years.
- Smart lighting systems are expected to play a pivotal role in achieving the UAE's smart city and sustainability goals.
UAE Smart Lighting Industry Segmentation:
We explore the factors propelling the UAE smart lighting market growth, including technological advancements, consumer behaviors, and regulatory changes.
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
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Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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