LED lights are light-emitting diode products used in lighting fixtures. It is a semiconductor lighting source that finds wide application such as in automotive lighting, general as well as backlighting.
The acceptance of LED lighting is escalating in almost all major end uses such as industrial buildings, residential and commercial buildings, as well as outdoor application areas.
LED lights are rapidly replacing conventional lighting products due to various features of the former such as long life span, high energy efficiency, environmental-friendly, high durability, low heat and small size.
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Middle East LED & OLED lighting products and displays market is anticipated to expand at a healthy CAGR during the forecast period. This growth is mainly driven by rising demand for LED products due to various supportive government regulations, increasing focus on R&D activities and rising commercial construction projects, including shopping malls and multiplexes.
Other trends driving growth include rising shift from OLED display technology to AMOLED display technology and increasing investments by key players in developing regions.
On the basis of product type, Middle East LED & OLED lighting products market is segmented into solar and conventional, while the LED and OLED displays market is segmented into mobile displays, consumer TV displays and outdoor LED displays.
Solar segment in Middle East LED & OLED lighting products market accounted for a value share of 6.5% in 2014, which is projected to increase to 9.0% by 2025. The solar segment in the Middle East LED & OLED lighting products market is projected to exhibit the highest CAGR of 17.8% over the forecast period (2015–2025).
Mobile displays 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, with a market share of 75.7%, as compared to mobile displays segment, with 20.7% share.
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On the basis of end use, Middle East LED & OLED lighting products market is segmented into residential and commercial. Among these, residential segment is expected to exhibit the highest CAGR of 14.8% over the forecast period.
KSA dominated the LED & OLED lighting products market in GCC region with over 32.0% market share in 2014 and is anticipated to retain its dominance through 2025, followed by UAE and Qatar. Among all countries in Levant region, Turkey market is anticipated to register the highest CAGR over 2015–2025, followed by Israel, due to the changing lifestyle and consumer preference within this region.
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, Barco N.V., Toshiba Lighting & Technology Corporation, Zumtobel Group AG and LG Display 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.
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LED & OLED Lighting Products:
Key Regions/Countries Covered:
LED & OLED Display Market:
The LED & OLED lighting products and displays market is predicted to grow at 4.8% CAGR through 2032.
Saudi Arabia LED & OLED lighting products and displays market holds the highest revenue potential.
The LED & OLED lighting products and displays market is expected to surpass US$ 3.37 Bn by 2032.
The LED & OLED lighting products and displays market size is anticipated to be over US$ 2.11 Bn in 2022.
1. Executive Summery 1.1. GCC & Levant LED & OLED Lighting Products Market 1.2. GCC & Levant LED & OLED Display Products Market 2. Research Methodology 3. Assumptions & Acronyms Used 4. GCC and Levant LED & OLED Lighting & Display Products Market Overview 4.1. GCC and Levant LED & OLED Lighting Products Market Taxonomy 4.2. GCC and Levant LED & OLED Display Products Market Taxonomy 4.3. GCC LED & OLED Lighting & Display Products Market Drivers 4.4. Levant LED & OLED Lighting & Display Products Market Drivers 4.5. Outdoor LED Displays Market: Restraints 4.6. LCD Market: Restraints 4.7. Plasma Displays Market: Restraints 4.8. OLED Displays Market: Restraints 4.9. Mobile Phone Displays Market: Restraints 4.10. Evolution of LED and OLED Lighting Products 4.11. Evolution of LED and OLED Displays 4.12. GCC and Levant LED Lighting Products and Displays Market: Opportunities 4.13. GCC and Levant LED Lighting products Market, Pricing Analysis, 2014 & 2025 4.14. GCC and Levant LED and OLED Displays Market Average Selling Price, By Region 2014 & 2025 4.15. GCC and Levant LED and OLED Lighting Products Market, Value Chain 4.16. GCC and Levant LED and OLED Display Market, Value Chain – Definition 5. GCC & Levant LED & OLED Lighting Products Market By Product Type 5.1. GCC & Levant LED & OLED Lighting Products Market Snapshot By Product Type 5.2. GCC & Levant LED & OLED Lighting Products By Product Type – BPS and Y-o-Y Growth Comparison 5.3. GCC & Levant LED & OLED Lighting Products Market Analysis & Forecast By Product Type 5.3.1. GCC & Levant Solar LED & OLED Lighting Market Value and Volume Analysis & Forecast, By Product Type 5.3.2. GCC & Levant Solar Segment Absolute $ Opportunity, 2015–2025 5.3.3. GCC & Levant Conventional LED & OLED Lighting Market Value and Volume Analysis & Forecast 5.3.4. GCC & Levant Conventional Segment Absolute $ Opportunity, 2015–2025 5.3.5. GCC and Levant LED & OLED Lighting Products Market Attractiveness By Product Type, 2015–2025 6. GCC & Levant LED & OLED Lighting Products Market By End Use 6.1. GCC & Levant LED & OLED Lighting Products Market Snapshot By End Use 6.2. GCC & Levant LED & OLED Lighting Products By End Use – BPS and Y-o-Y Growth Comparison 6.3. GCC & Levant LED & OLED Lighting Products Market Analysis & Forecast By End Use 6.3.1. GCC & Levant Solar LED & OLED Lighting Market Value and Volume Analysis & Forecast, By End Use 6.3.2. GCC & Levant Solar Segment Absolute $ Opportunity, 2015–2025 6.3.3. GCC & Levant Residential LED & OLED Lighting Products Market Value and Volume Analysis & Forecast 6.3.4. GCC & Levant Commercial LED & OLED Lighting Products Market Value and Volume Analysis & Forecast 6.3.5. GCC and Levant LED & OLED Lighting Products Market Attractiveness By End Use, 2015–2025 7. GCC & Levant LED & OLED Lighting Products Regional Market Analysis 7.1. GCC LED & OLED Lighting Products Market Analysis 7.1.1. GCC Economic Overview 7.1.2. GCC LED & OLED Lighting Products Market Value and Volume Analysis & Forecast 7.1.3. GCC LED & OLED Lighting Products Market Value and Volume Analysis & Forecast By Product Type 7.1.4. GCC LED & OLED Lighting Products Market Value and Volume Analysis & Forecast By End Use 7.1.5. GCC LED & OLED Lighting Products Regional Market Analysis By Country 7.1.5.1. Saudi Arabia LED & OLED Lighting Products Market Analysis & forecast 7.1.5.2. UAE LED & OLED Lighting Products Market Analysis & forecast 7.1.5.3. Qatar LED & OLED Lighting Products Market Analysis & forecast 7.1.5.4. Kuwait LED & OLED Lighting Products Market Analysis & forecast 7.1.5.5. Bahrain LED & OLED Lighting Products Market Analysis & forecast 7.2. Levant LED & OLED Lighting Products Regional Market Analysis 7.2.1. Levant Economic Overview 7.2.2. Levant LED & OLED Lighting Products Market Value and Volume Analysis & Forecast 7.2.3. Levant LED & OLED Lighting Products Market Value and Volume Analysis & Forecast By Product Type 7.2.4. Levant LED & OLED Lighting Products Market Value and Volume Analysis & Forecast By End Use 7.2.5. Levant LED & OLED Lighting Products Regional Market Analysis By Country 7.2.5.1. Turkey LED & OLED Lighting Products Market Analysis & forecast 7.2.5.2. Israel LED & OLED Lighting Products Market Analysis & forecast 7.2.5.3. Egypt LED & OLED Lighting Products Market Analysis & forecast 7.2.5.4. Lebanon LED & OLED Lighting Products Market Analysis & forecast 7.2.5.5. Jordon LED & OLED Lighting Products Market Analysis & forecast 7.2.5.6. Cyprus LED & OLED Lighting Products Market Analysis & forecast 7.2.5.7. Palestine LED & OLED Lighting Products Market Analysis & forecast 7.2.5.8. Syria & Iraq LED & OLED Lighting Products Market Analysis & forecast 8. GCC & Levant LED & OLED Display Products Market By Product Type 8.1. GCC & Levant LED & OLED Display Products Market Snapshot By Product Type 8.2. GCC & Levant LED & OLED Display Products By Product Type – BPS and Y-o-Y Growth Comparison 8.3. GCC & Levant LED & OLED Display Products Market Analysis & Forecast By Product Type 8.3.1. GCC & Levant Mobile LED & OLED Display Market Value and Volume Analysis & Forecast, By Product Type 8.3.2. GCC & Levant Mobile Segment Absolute $ Opportunity, 2015–2025 8.3.3. GCC & Levant Consumer TV LED & OLED Display Market Value and Volume Analysis & Forecast 8.3.4. GCC & Levant Consumer TV Segment Absolute $ Opportunity, 2015–2025 8.3.5. GCC & Levant Outdoor LED & OLED Display Market Value and Volume Analysis & Forecast 8.3.6. GCC & Levant Outdoor Segment Absolute $ Opportunity, 2015–2025 8.3.7. GCC and Levant LED & OLED Display Products Market Attractiveness By Product Type, 2015–2025 9. GCC & Levant LED & OLED Display Products Regional Market Analysis 9.1. GCC LED & OLED Display Products Market Analysis 9.1.1. GCC Economic Overview 9.1.2. GCC LED & OLED Display Products Market Value and Volume Analysis & Forecast 9.1.3. GCC LED & OLED Display Products Market Value and Volume Analysis & Forecast By Product Type 9.1.4. GCC LED & OLED Display Products Regional Market Analysis By Country 9.1.4.1. Saudi Arabia LED & OLED Display Products Market Analysis & forecast 9.1.4.2. UAE LED & OLED Display Products Market Analysis & forecast 9.1.4.3. Rest of GCC LED & OLED Display Products Market Analysis & forecast 9.2. Levant LED & OLED Display Products Regional Market Analysis 9.2.1. Levant Economic Overview 9.2.2. Levant LED & OLED Display Products Market Value and Volume Analysis & Forecast 9.2.3. Levant LED & OLED Display Products Market Value and Volume Analysis & Forecast By Product Type 9.2.4. Levant LED & OLED Display Products Regional Market Analysis By Country 9.2.4.1. Turkey LED & OLED Display Products Market Analysis & forecast 9.2.4.2. Israel LED & OLED Display Products Market Analysis & forecast 9.2.4.3. Egypt LED & OLED Display Products Market Analysis & forecast 9.2.4.4. Lebanon LED & OLED Display Products Market Analysis & forecast 9.2.4.5. Jordon LED & OLED Display Products Market Analysis & forecast 9.2.4.6. Cyprus LED & OLED Display Products Market Analysis & forecast 9.2.4.7. Palestine, Syria & Iraq LED & OLED Display Products Market Analysis & forecast 10. Competitive Landscape 10.1. Competition Dashboard 10.2. Company Profiles 10.2.1. OSRAM Licht AG 10.2.2. GE Lighting, LLC 10.2.3. Cree, Inc. 10.2.4. Sharp Corporation 10.2.5. Eaton Corporation (Cooper Industries PLC) 10.2.6. LG Display Co., Ltd. 10.2.7. Daktronics Inc. 10.2.8. Barco N.V. 10.2.9. Samsung Electronics Co. Ltd. 10.2.10. Toshiba Lighting & Technology Corporation 10.2.11. Zumtobel Group AG 10.2.12. LUCECO (Nexus Industries Ltd.)
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LED & OLED Lighting Products and Displays Market
