UAE Smart Lighting Market to Reach US$ 398.7 Million by 2032, Stimulated by Rising Focus on Energy Conservation

July 28, 2023 | Electronics and Semiconductors

According to the latest report by IMARC Group, titled “UAE Smart Lighting Market Report by Offering (Hardware, Software, Services), Communication Technology (Wired Technology, Wireless Technology), Installation Type (New Installation, Retrofit Installation), Light Source (LED Lamps, Fluorescent Lamps, Compact Fluorescent Lamps, High Intensity Discharge Lamps, and Others), Application (Commercial, Residential, Public Infrastructure, and Others) 2024-2032,” the UAE smart lighting market size reached US$ 75.8 Million in 2023. Smart lighting is an advanced lighting technology designed for energy efficiency and convenience. It comprises various components, such as sensors, wireless technology, and control systems that communicate with each other to optimize lighting performance. It is controlled remotely by using devices, such as smartphones, tablets, and smart speakers, using WiFi, Bluetooth, and other wireless communication technology. It allows automation and control over the intensity and color of lights and uses energy-efficient fixtures to make adjustments based on conditions and respond to environmental factors like daylight availability or room occupancy. It finds extensive applications, including residential, commercial, public infrastructure, and outdoor lighting across the UAE.

UAE Smart Lighting Market Trends:

The increasing investments in infrastructure projects represent one of the key factors catalyzing the demand for advanced and sustainable lighting systems in the UAE. Moreover, the rising awareness about energy conservation and sustainability, coupled with the need to reduce electricity consumption, is driving the demand for smart lighting solutions in the country. Moreover, technological advancements, including the Internet of Things (IoT) and artificial intelligence (AI), are enabling more sophisticated, autonomous lighting systems, contributing to the market growth. Additionally, the adoption of smart lighting in commercial sectors, such as retail, hospitality, and entertainment, is positively influencing the market. Besides this, the implementation of stringent regulations imposed by governing authorities to promote energy conservation is impelling the market growth in the country. Looking forward, the market value is projected to reach US$ 398.7 Million by 2032, expanding at a CAGR of 19.6% during 2024-2032.

Market Summary:

Based on the offering, the market has been segmented into hardware (lights and luminaires and lighting controls); software; and services (design and engineering, installation, and post-installation). The hardware segment currently dominates the market.
On the basis of communication technology, wired technology represents the largest segment, followed by wireless technology.
Based on the installation type, new installation accounts for the largest market share, followed by retrofit installation.
On the basis of the light source, the market has been divided into LED, fluorescent, compact fluorescent, high intensity discharge, and other lamps. At present, LED lamps exhibit a clear dominance in the market.
Based on the application, the market has been categorized into commercial, residential, public infrastructure, and others. The commercial sector presently represents the largest market segment.
The competitive landscape of the market has also been examined, with some of the key players operating in the industry.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Offering, Communication Technology, Installation Type, Light Source, Application
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
Post-Sale Analyst Support	10-12 Weeks
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UAE Smart Lighting Market to Reach US$ 398.7 Million by 2032, Stimulated by Rising Focus on Energy Conservation

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