LED & OLED Lighting Products and Displays Market Market to Grow at a Remarkable Pace in the Coming Years
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<strong>LED</strong> & O<strong>LED</strong> <strong>Light<strong>in</strong>g</strong> <strong>Products</strong> <strong>and</strong> <strong>Displays</strong> <strong>Market</strong><br />
<strong>Market</strong> <strong>to</strong> <strong>Grow</strong> <strong>at</strong> a <strong>Remarkable</strong> <strong>Pace</strong> <strong>in</strong> <strong>the</strong> Com<strong>in</strong>g <strong>Years</strong><br />
Future <strong>Market</strong> Insights (FMI) delivers key <strong>in</strong>sights on <strong>the</strong> Middle East <strong>LED</strong> & O<strong>LED</strong> light<strong>in</strong>g<br />
products <strong>and</strong> displays <strong>in</strong> its l<strong>at</strong>est report titled, “<strong>LED</strong> & O<strong>LED</strong> <strong>Light<strong>in</strong>g</strong> <strong>Products</strong> <strong>and</strong> <strong>Displays</strong><br />
<strong>Market</strong>: Middle East Industry Analysis <strong>and</strong> Opportunity Assessment 2015-2025”. Middle East <strong>LED</strong><br />
& O<strong>LED</strong> light<strong>in</strong>g products <strong>and</strong> displays market is projected <strong>to</strong> register a healthy CAGR of 14.3%<br />
<strong>and</strong> 4.9% respectively <strong>in</strong> terms of value dur<strong>in</strong>g <strong>the</strong> forecast period (2015–2025). This ma<strong>in</strong>ly<br />
<strong>at</strong>tributed <strong>to</strong> various fac<strong>to</strong>rs, regard<strong>in</strong>g which FMI offers detailed <strong>in</strong>sights <strong>in</strong> its report.<br />
On <strong>the</strong> basis of product type, Middle East <strong>LED</strong> & O<strong>LED</strong> light<strong>in</strong>g products market has been<br />
segmented <strong>in</strong><strong>to</strong> solar <strong>and</strong> conventional. Solar segment accounted for 6.5% value share of <strong>the</strong> market<br />
<strong>in</strong> 2014 <strong>and</strong> is expected <strong>to</strong> register a CAGR of 17.8% over <strong>the</strong> forecast period. By product type,<br />
Middle East <strong>LED</strong> & O<strong>LED</strong> display market has been segmented <strong>in</strong><strong>to</strong> mobile displays, consumer TV<br />
displays <strong>and</strong> outdoor <strong>LED</strong> displays. Mobile displays segment accounted for 15.4% value share <strong>in</strong><br />
2014 <strong>and</strong> is expected <strong>to</strong> register a CAGR of 7.8% over <strong>the</strong> forecast period. However, <strong>in</strong> terms of<br />
value, consumer TV segment is projected <strong>to</strong> be dom<strong>in</strong>ant by 2025, account<strong>in</strong>g for market share of<br />
75.7%, as compared <strong>to</strong> mobile displays segment, with 20.7% share.<br />
S<strong>amp</strong>le With L<strong>at</strong>est Advancements @<br />
https://www.futuremarket<strong>in</strong>sights.com/reports/s<strong>amp</strong>le/rep-eu-1253<br />
On <strong>the</strong> basis of end use, Middle East <strong>LED</strong> <strong>and</strong> O<strong>LED</strong> light<strong>in</strong>g products market is segmented <strong>in</strong><strong>to</strong><br />
residential <strong>and</strong> commercial; among <strong>the</strong>se, commercial segment accounted for a value share of<br />
67.1% <strong>in</strong> 2014, which is projected <strong>to</strong> decrease <strong>to</strong> 65.2% by 2025. In Middle East <strong>LED</strong> & O<strong>LED</strong><br />
light<strong>in</strong>g products market, residential segment is projected <strong>to</strong> exhibit <strong>the</strong> highest CAGR of 14.8%<br />
over <strong>the</strong> forecast period.<br />
In Middle East <strong>LED</strong> <strong>and</strong> O<strong>LED</strong> displays market, outdoor <strong>LED</strong> displays segment is fur<strong>the</strong>r<br />
segmented on <strong>the</strong> basis of product type <strong>and</strong> colour display. On <strong>the</strong> basis of product type, outdoor<br />
<strong>LED</strong> display segment is fur<strong>the</strong>r sub-segmented <strong>in</strong><strong>to</strong> <strong>LED</strong> Billboards, <strong>LED</strong> mobile panels, <strong>LED</strong>
video walls <strong>and</strong> <strong>LED</strong> traffic lights displays.<br />
Browse Our Press Releases For More Inform<strong>at</strong>ion @<br />
https://www.futuremarket<strong>in</strong>sights.com/press-release/middle-east-led-oled-light<strong>in</strong>g-productsdisplays-market<br />
<strong>Grow</strong>th of <strong>the</strong> Middle East <strong>LED</strong> & O<strong>LED</strong> light<strong>in</strong>g products <strong>and</strong> displays market is ma<strong>in</strong>ly driven<br />
by ris<strong>in</strong>g dem<strong>and</strong> due <strong>to</strong> government regul<strong>at</strong>ions, <strong>in</strong>creas<strong>in</strong>g focus on R&D activities <strong>and</strong> <strong>in</strong>creas<strong>in</strong>g<br />
quality construction projects, <strong>in</strong>clud<strong>in</strong>g shopp<strong>in</strong>g malls <strong>and</strong> multiplexes. O<strong>the</strong>r trends driv<strong>in</strong>g<br />
growth <strong>in</strong>clude <strong>in</strong>creas<strong>in</strong>g shift from AMO<strong>LED</strong> display technology <strong>to</strong> O<strong>LED</strong> display technology<br />
<strong>and</strong> <strong>in</strong>creas<strong>in</strong>g <strong>in</strong>vestments by key players <strong>in</strong> develop<strong>in</strong>g regions.<br />
Browse <strong>the</strong> full "<strong>LED</strong> & O<strong>LED</strong> <strong>Light<strong>in</strong>g</strong> <strong>Products</strong> <strong>and</strong> <strong>Displays</strong> <strong>Market</strong>: Middle East<br />
Industry Analysis <strong>and</strong> Opportunity Assessment 2015-2025" market research report <strong>at</strong><br />
https://www.futuremarket<strong>in</strong>sights.com/reports/middle-east-led-oled-light<strong>in</strong>g-productsdisplays-market<br />
This report covers trends driv<strong>in</strong>g each segment <strong>and</strong> respective sub-segments <strong>and</strong> offers analysis of<br />
<strong>and</strong> <strong>in</strong>sights on <strong>the</strong> potential of <strong>the</strong> Middle East <strong>LED</strong> & O<strong>LED</strong> light<strong>in</strong>g products <strong>and</strong> displays<br />
market <strong>in</strong> specific countries. KSA (The K<strong>in</strong>gdom of Saudi Arabia) dom<strong>in</strong><strong>at</strong>ed <strong>the</strong> Middle East<br />
light<strong>in</strong>g products market with over 32.6% market share <strong>in</strong> GCC region <strong>in</strong> 2014 <strong>and</strong> is anticip<strong>at</strong>ed <strong>to</strong><br />
rema<strong>in</strong> dom<strong>in</strong>ant by 2025, followed by UAE <strong>and</strong> Q<strong>at</strong>ar. Among all countries <strong>in</strong> GCC region, KSA<br />
market is anticip<strong>at</strong>ed <strong>to</strong> register <strong>the</strong> highest CAGR over 2015–2025, followed by UAE. This is<br />
ma<strong>in</strong>ly <strong>at</strong>tributed <strong>to</strong> <strong>in</strong>creas<strong>in</strong>g <strong>in</strong>vestments <strong>in</strong> green <strong>in</strong>frastructure <strong>in</strong> <strong>the</strong> Middle East. Turkey<br />
dom<strong>in</strong><strong>at</strong>ed <strong>the</strong> Middle East light<strong>in</strong>g products market with over 53% market share <strong>in</strong> <strong>the</strong> Levant<br />
region <strong>in</strong> 2014, <strong>and</strong> is anticip<strong>at</strong>ed <strong>to</strong> rema<strong>in</strong> dom<strong>in</strong>ant by 2025, followed by Israel <strong>and</strong> Egypt.<br />
Among all countries <strong>in</strong> Levant region, Turkey market is anticip<strong>at</strong>ed <strong>to</strong> register <strong>the</strong> highest CAGR<br />
over 2015–2025, followed by Egypt, due <strong>to</strong> decreas<strong>in</strong>g cost <strong>and</strong> enhanced performance of <strong>LED</strong><br />
products.<br />
Browse Our Table of Content @ https://www.futuremarket<strong>in</strong>sights.com/reports/middle-eastled-oled-light<strong>in</strong>g-products-displays-market/<strong>to</strong>c<br />
Key players <strong>in</strong> <strong>the</strong> Middle East <strong>LED</strong> & O<strong>LED</strong> light<strong>in</strong>g products <strong>and</strong> displays market <strong>in</strong>clude GE<br />
<strong>Light<strong>in</strong>g</strong>, LLC, OSRAM Licht AG, Daktronics Inc., <strong>and</strong> Samsung Electronics Co. Ltd. Major<br />
participants are focus<strong>in</strong>g on R&D activities <strong>to</strong> provide <strong>in</strong>nov<strong>at</strong>ive <strong>and</strong> environment-friendly<br />
products <strong>to</strong> <strong>at</strong>ta<strong>in</strong> susta<strong>in</strong>ability. These key players are also focus<strong>in</strong>g on expansion <strong>and</strong> str<strong>at</strong>egic<br />
acquisitions <strong>to</strong> streng<strong>the</strong>n <strong>the</strong>ir product portfolio.<br />
“Industry Expert from LUCECO (Nexus Industries Ltd.) st<strong>at</strong>ed th<strong>at</strong> <strong>in</strong>creas<strong>in</strong>g <strong>in</strong>vestment <strong>in</strong> green<br />
<strong>in</strong>frastructure <strong>in</strong> <strong>the</strong> Middle East is expected <strong>to</strong> offer lucr<strong>at</strong>ive opportunities <strong>to</strong> providers of<br />
environmentally friendly <strong>and</strong> energy-efficient products such as <strong>LED</strong> light<strong>in</strong>g solutions”.
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