Future Market Insights (FMI) delivers key insights on the Middle East LED & OLED lighting products and displays in its latest report titled, “LED & OLED Lighting Products and Displays Market: Middle East Industry Analysis and Opportunity Assessment 2015-2025”. Middle East LED & OLED lighting products and displays market is projected to register a healthy CAGR of 14.3% and 4.9% respectively in terms of value during the forecast period (2015–2025). This mainly attributed to various factors, regarding which FMI offers detailed insights in its report.
The report presents an in-depth analysis of key growth drivers and trends that are likely to impact the market in upcoming years. With the adoption of cloud computing and artificial intelligence, the technology industry is expected to witness a healthy growth over the forecast period. Increasing competitive pressure and advanced digital transformation in the area of data analytics and artificial intelligence are likely to improve the growth outlook for the LED & OLED Lighting Products and Displays market in the upcoming decade.
To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-eu-1253
According to the FMI’s report, Changes in consumer behavior, robust product innovations, and expanding distribution networks continue to influence growth of the LED & OLED Lighting Products and Displays market. FMI’s analysts rely on unique research methods and comprehensive data study of the current and upcoming trends of the LED & OLED Lighting Products and Displays market report and gather data from a wide range of primary and secondary sources.
On the basis of product type, Middle East LED & OLED lighting products market has been segmented into solar and conventional. Solar segment accounted for 6.5% value share of the market in 2014 and is expected to register a CAGR of 17.8% over the forecast period. By product type, Middle East LED & OLED display market has been segmented into mobile displays, consumer TV displays and outdoor LED displays. Mobile displays segment accounted for 15.4% value share in 2014 and is expected to register a CAGR of 7.8% over the forecast period. However, in terms of value, consumer TV segment is projected to be dominant by 2025, accounting for market share of 75.7%, as compared to mobile displays segment, with 20.7% share.
On the basis of end use, Middle East LED and OLED lighting products market is segmented into residential and commercial; among these, commercial segment accounted for a value share of 67.1% in 2014, which is projected to decrease to 65.2% by 2025. In Middle East LED & OLED lighting products market, residential segment is projected to exhibit the highest CAGR of 14.8% over the forecast period.
In Middle East LED and OLED displays market, outdoor LED displays segment is further segmented on the basis of product type and colour display. On the basis of product type, outdoor LED display segment is further sub-segmented into LED Billboards, LED mobile panels, LED video walls and LED traffic lights displays.
Growth of the Middle East LED & OLED lighting products and displays market is mainly driven by rising demand due to government regulations, increasing focus on R&D activities and increasing quality construction projects, including shopping malls and multiplexes. Other trends driving growth include increasing shift from AMOLED display technology to OLED display technology and increasing investments by key players in developing regions.
This report covers trends driving each segment and respective sub-segments and offers analysis of and insights on the potential of the Middle East LED & OLED lighting products and displays market in specific countries. KSA (The Kingdom of Saudi Arabia) dominated the Middle East lighting products market with over 32.6% market share in GCC region in 2014 and is anticipated to remain dominant by 2025, followed by UAE and Qatar. Among all countries in GCC region, KSA market is anticipated to register the highest CAGR over 2015–2025, followed by UAE. This is mainly attributed to increasing investments in green infrastructure in the Middle East. Turkey dominated the Middle East lighting products market with over 53% market share in the Levant region in 2014, and is anticipated to remain dominant by 2025, followed by Israel and Egypt. Among all countries in Levant region, Turkey market is anticipated to register the highest CAGR over 2015–2025, followed by Egypt, due to decreasing cost and enhanced performance of LED products.
Key players in the Middle East LED & OLED lighting products and displays market include GE Lighting, LLC, OSRAM Licht AG, Daktronics Inc., and Samsung Electronics Co. Ltd. Major participants are focusing on R&D activities to provide innovative and environment-friendly products to attain sustainability. These key players are also focusing on expansion and strategic acquisitions to strengthen their product portfolio.
“Industry Expert from LUCECO (Nexus Industries Ltd.) stated that increasing investment in green infrastructure in the Middle East is expected to offer lucrative opportunities to providers of environmentally friendly and energy-efficient products such as LED lighting solutions”.
Get An Exclusive Discount On This Report@ https://www.futuremarketinsights.com/request-discount/rep-eu-1253
Key Questions Addressed in the LED & OLED Lighting Products and Displays Market Report
The report presents an in-depth analysis of key growth drivers and trends that are likely to impact the market in upcoming years. With the adoption of cloud computing and artificial intelligence, the technology industry is expected to witness a healthy growth over the forecast period. Increasing competitive pressure and advanced digital transformation in the area of data analytics and artificial intelligence are likely to improve the growth outlook for the LED & OLED Lighting Products and Displays market in the upcoming decade.
To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-eu-1253
According to the FMI’s report, Changes in consumer behavior, robust product innovations, and expanding distribution networks continue to influence growth of the LED & OLED Lighting Products and Displays market. FMI’s analysts rely on unique research methods and comprehensive data study of the current and upcoming trends of the LED & OLED Lighting Products and Displays market report and gather data from a wide range of primary and secondary sources.
On the basis of product type, Middle East LED & OLED lighting products market has been segmented into solar and conventional. Solar segment accounted for 6.5% value share of the market in 2014 and is expected to register a CAGR of 17.8% over the forecast period. By product type, Middle East LED & OLED display market has been segmented into mobile displays, consumer TV displays and outdoor LED displays. Mobile displays segment accounted for 15.4% value share in 2014 and is expected to register a CAGR of 7.8% over the forecast period. However, in terms of value, consumer TV segment is projected to be dominant by 2025, accounting for market share of 75.7%, as compared to mobile displays segment, with 20.7% share.
On the basis of end use, Middle East LED and OLED lighting products market is segmented into residential and commercial; among these, commercial segment accounted for a value share of 67.1% in 2014, which is projected to decrease to 65.2% by 2025. In Middle East LED & OLED lighting products market, residential segment is projected to exhibit the highest CAGR of 14.8% over the forecast period.
In Middle East LED and OLED displays market, outdoor LED displays segment is further segmented on the basis of product type and colour display. On the basis of product type, outdoor LED display segment is further sub-segmented into LED Billboards, LED mobile panels, LED video walls and LED traffic lights displays.
Growth of the Middle East LED & OLED lighting products and displays market is mainly driven by rising demand due to government regulations, increasing focus on R&D activities and increasing quality construction projects, including shopping malls and multiplexes. Other trends driving growth include increasing shift from AMOLED display technology to OLED display technology and increasing investments by key players in developing regions.
This report covers trends driving each segment and respective sub-segments and offers analysis of and insights on the potential of the Middle East LED & OLED lighting products and displays market in specific countries. KSA (The Kingdom of Saudi Arabia) dominated the Middle East lighting products market with over 32.6% market share in GCC region in 2014 and is anticipated to remain dominant by 2025, followed by UAE and Qatar. Among all countries in GCC region, KSA market is anticipated to register the highest CAGR over 2015–2025, followed by UAE. This is mainly attributed to increasing investments in green infrastructure in the Middle East. Turkey dominated the Middle East lighting products market with over 53% market share in the Levant region in 2014, and is anticipated to remain dominant by 2025, followed by Israel and Egypt. Among all countries in Levant region, Turkey market is anticipated to register the highest CAGR over 2015–2025, followed by Egypt, due to decreasing cost and enhanced performance of LED products.
Key players in the Middle East LED & OLED lighting products and displays market include GE Lighting, LLC, OSRAM Licht AG, Daktronics Inc., and Samsung Electronics Co. Ltd. Major participants are focusing on R&D activities to provide innovative and environment-friendly products to attain sustainability. These key players are also focusing on expansion and strategic acquisitions to strengthen their product portfolio.
“Industry Expert from LUCECO (Nexus Industries Ltd.) stated that increasing investment in green infrastructure in the Middle East is expected to offer lucrative opportunities to providers of environmentally friendly and energy-efficient products such as LED lighting solutions”.
Get An Exclusive Discount On This Report@ https://www.futuremarketinsights.com/request-discount/rep-eu-1253
Key Questions Addressed in the LED & OLED Lighting Products and Displays Market Report
- How will the LED & OLED Lighting Products and Displays market expand through 2031?
- Which are the major key growth drivers and opportunities driving the market growth?
- What are the recent technological developments in the LED & OLED Lighting Products and Displays market?
- What are key challenges and competition threats faced by LED & OLED Lighting Products and Displays market players?
- Which region is the most lucrative in the LED & OLED Lighting Products and Displays market?
