GCC’s $900m LED lighting market on growth track

GCC’s $900m LED lighting market on growth track
The 11th edition of the three-day event is expected to feature more than 425 exhibitors from 30 countries.
Updated 24 July 2016
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GCC’s $900m LED lighting market on growth track

GCC’s $900m LED lighting market on growth track

Increased demand for energy efficient lighting solutions in the GCC is spurring fresh growth for the LED market as the sustainable and long-lasting luminaire looks to dominate the regional architectural and public lighting landscape.
Analysts Frost & Sullivan estimate that the GCC’s LED (light-emitting diode) market was worth $900 million in 2015, comprising 38 percent of the region’s total $2.4 billion lighting fixtures market for the year.
The 11th edition of the three-day event will take place from Oct. 31-Nov. 2, at the Dubai International Convention and Exhibition Centre, and is expected to feature more than 425 exhibitors from 30 countries.
“As the Middle East continues to switch to sustainable lighting solutions, the dynamics of the regional market is transforming rapidly,” said Ahmed Pauwels, CEO of Messe Frankfurt Middle East, the organizer of Light Middle East.
The exhibitor turnout at Light Middle East 2016 will be spearheaded by brands such as Targetti, acdc, Linea Light, Osram, Martin, and Reggiani.
Huda Lighting’s MD Khaled Alami, said: “The major development for Huda Lighting this year is that we’ve expanded our operations into Kuwait and Egypt.”
Another returning exhibitor in 2016 is QLT Group from Italy with its companies Qualitron and Qualiko among Europe’s leading producers of lighting electronics and LED fixtures. Gilberto Cantoni, export manager for the Middle East at Qualitron/Qualiko, reported a “massive increase of action” in the regional lighting market in the last 12 months.
Other exhibitors include Cinmar Lighting Systems, Ruud Lighting Arabia, and Swiss LED.
The annual showpiece event returns with its headline features, including the Light Middle East Conference, bringing together key leaders to analyze innovative technologies, changing global trends and evolving regulations impacting the lighting industry.
The 4th Light Middle East Awards will be held on Oct. 31.