Product Code: ETC005583 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Oman Outdoor Led Lighting market currently, in 2023, has witnessed an HHI of 4335, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The global outdoor LED lighting market is expected to grow at a CAGR of 8.41% from 2020 to 2026. The increasing demand for energy-efficient lighting solutions, rapid urbanization, and the growing adoption of smart city initiatives are driving the growth of this market. Additionally, government incentives and regulatory mandates on energy efficiency are favoring the growth of this market during the forecast period as well.
Outdoor LED lighting helps reduce electricity bills by up to 50%, as compared to traditional methods such as fluorescent or incandescent bulbs, thus providing substantial savings in costs for various end-users. Furthermore, these lighting systems provide greater visibility at night with less light pollution than conventional lights due to their high luminous efficacy and uniform light distribution capabilities that help minimize skyglow effects caused by traditional lights present in many cities worldwide. This has increased their popularity among consumers who prefer green technologies with long lifespans and low maintenance costs over traditional sources of illumination such as HID lamps or halogen bulbs which need regular replacements after a few years usage span due to fading colors or reduced life expectancy altogether. Moreover, advancements made in sensor technology have promoted intelligent outdoor LED lighting solutions that can sense ambient conditions automatically and adjust brightness levels accordingly without any manual intervention or programming by users; this has opened up new avenues for growth within this sector due to its convenience factor offered along with minimized operating expenses associated with it thereby making it highly attractive amongst customers from both commercial as well residential sectors alike across all regions globally
Furthermore, efforts taken by several governments around the world in order replace existing streetlights with more efficient alternatives including LEDs are also playing an important role in promoting the use of this product line further boosting sales figures drastically during this period; especially so within developing countries where infrastructure initiatives undertaken recently have been leading contributors towards spurring domestic demand higher subsequently aiding regional expansion plans established by manufacturers previously operating here already through aggressive marketing strategies deployed targeting potential buyers located here directly too apart from overseas territories
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Oman Outdoor LED Lighting Market Overview |
3.1 Oman Country Macro Economic Indicators |
3.2 Oman Outdoor LED Lighting Market Revenues & Volume, 2019 & 2026F |
3.3 Oman Outdoor LED Lighting Market - Industry Life Cycle |
3.4 Oman Outdoor LED Lighting Market - Porter's Five Forces |
3.5 Oman Outdoor LED Lighting Market Revenues & Volume Share, By Installation Type, 2019 & 2026F |
3.6 Oman Outdoor LED Lighting Market Revenues & Volume Share, By Wattage Type, 2019 & 2026F |
4 Oman Outdoor LED Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Oman Outdoor LED Lighting Market Trends |
6 Oman Outdoor LED Lighting Market, By Types |
6.1 Oman Outdoor LED Lighting Market, By Installation Type |
6.1.1 Overview and Analysis |
6.1.2 Oman Outdoor LED Lighting Market Revenues & Volume, By Installation Type, 2016 - 2026F |
6.1.3 Oman Outdoor LED Lighting Market Revenues & Volume, By New, 2016 - 2026F |
6.1.4 Oman Outdoor LED Lighting Market Revenues & Volume, By Retrofit, 2016 - 2026F |
6.2 Oman Outdoor LED Lighting Market, By Wattage Type |
6.2.1 Overview and Analysis |
6.2.2 Oman Outdoor LED Lighting Market Revenues & Volume, By Less than 50W, 2016 - 2026F |
6.2.3 Oman Outdoor LED Lighting Market Revenues & Volume, By 50W to 100W, 2016 - 2026F |
6.2.4 Oman Outdoor LED Lighting Market Revenues & Volume, By More than 100W, 2016 - 2026F |
7 Oman Outdoor LED Lighting Market Import-Export Trade Statistics |
7.1 Oman Outdoor LED Lighting Market Export to Major Countries |
7.2 Oman Outdoor LED Lighting Market Imports from Major Countries |
8 Oman Outdoor LED Lighting Market Key Performance Indicators |
9 Oman Outdoor LED Lighting Market - Opportunity Assessment |
9.1 Oman Outdoor LED Lighting Market Opportunity Assessment, By Installation Type, 2019 & 2026F |
9.2 Oman Outdoor LED Lighting Market Opportunity Assessment, By Wattage Type, 2019 & 2026F |
10 Oman Outdoor LED Lighting Market - Competitive Landscape |
10.1 Oman Outdoor LED Lighting Market Revenue Share, By Companies, 2019 |
10.2 Oman Outdoor LED Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |