The LED lighting market in the GCC is a high-growth market, which is driven primarily by increased functionality, energy efficiency targets, and increasing awareness among customers. Currently, LED lighting accounts for only 37.6% of the total lighting market in the GCC region; however, it is expected to be a high-demand lighting technology across the region by 2020, accounting for approximately 56.8% of the total lighting market. This study presents a detailed analysis of growth opportunities by country and by end-user segments or applications. The study also broadly discusses the macro-economic scenario, regulations, and other factors impacting the LED lighting market in the GCC.

Key Questions
  • What will be the market trend for LED products in GCC?
  • Which end-user segments will have a major scope in the region?
  • What are the factors impacting growth of the market?
  • Is the market growing, how long will it continue to grow and at what rate?
  • Are existing LED products in the market meeting customer needs or is additional development needed?