Middle East Energy Saving & Fluorescent Market (2020-2026) | Analysis, COVID-19 IMPACT, Value, Industry, Forecast, Growth, Companies, Trends, Share, Size, Revenue & Outlook

Middle East Energy saving & fluorescent market is expected to gain momentum during the forecast period on account of surge in the construction activities, government initiative towards sustainable energy and set up of funds to cater to energy-efficient lighting programs. Further, governments concern over environmental protection and carbon footprint and GHGs emission are some of the key factors affecting the growth of energy saving & fluorescent market in the Middle East. Additionally, government initiatives such as “Abu Dhabi street light project 2020”, “Saudi smart city project 2030 would give a remarkable thrust to the demand and production of smart lights, fluorescent and LED lamps, thereby generating huge revenues in energy saving & fluorescent market in Middle East region. However, sluggish growth is expected in the market on account of imposed Lockdown due to the Covid-19 pandemic in the year 2020.

According to 6Wresearch, the Middle East Energy saving & fluorescent Market size is projected to witness substantial growth during 2020-2026. During the forecast period, Saudi Arabia is anticipated to generate the highest revenue in the energy saving & fluorescent market for the Middle East region on account of rapid development in modern urbanization, initiatives towards the construction & infrastructure sector to align development with Saudi Vision 2030. Further, the country aims to install smart lighting build on advanced technology and work upon set norms of sustainable development to be carried out across the country, which would ultimately push demand for energy-saving lights and lamps and act as the major factor responsible for the growth of energy saving & fluorescent products during the forecast period.

Based on sources, the LED lamp segment dominates the market owing to the account of easy disposal system of LED lights, Cheap manufacturing cost which leads to a less costly LED product, longer lifespan of LED are some of the key factors contributing to major revenue share in energy saving & fluorescent markets in the overall Middle East. Similar growth in the market is expected owing to wide commercialization schemes in the region, smart city set up and increased need for lighting products.

The Middle East energy saving & fluorescent market report comprehensively covers the market by sources, applications, and country including Saudi Arabia, UAE, Qatar, Bahrain, and the rest of the Middle East. The Middle East energy saving & fluorescent market outlook provide an unbiased and detailed analysis of the ongoing Middle East energy saving & fluorescent market trends, opportunities/high growth areas, drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights

• Middle East Energy Saving & Fluorescent Market Outlook
• Middle East Energy Saving & Fluorescent Market Overview
• Middle East Energy Saving & Fluorescent Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Middle East Energy Saving & Fluorescent Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Sources
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Application
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for UAE Energy Saving & Fluorescent Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Saudi Arabia Energy Saving & Fluorescent Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Qatar Energy Saving & Fluorescent Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Bahrain Energy Saving & Fluorescent Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Rest of Middle East Energy Saving & Fluorescent Market
• Market Drivers and Restraints
• Middle East Energy Saving & Fluorescent Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Middle East Energy Saving & Fluorescent Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

• By Application:
• Commercial
• Residential
• Government
• By Sources:
• High-intensity Discharge Lamps (HID)
• Linear Fluorescent Lamps (LFL)
• Light Emitting Diodes (LED)
• By Countries:
• UAE
• Saudi Arabia
• Qatar
• Bahrain
• Rest of Middle East

Frequently Asked Questions About the Market Study (FAQs):