Product Code: ETC4532921 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The concept of "lighting as a service" is gaining popularity in the UAE, driven by the country`s commitment to energy efficiency and sustainability. Lighting as a service involves providing energy-efficient lighting solutions to commercial and industrial customers on a subscription basis. This approach allows businesses to reduce energy consumption and operational costs while benefiting from advanced lighting technologies. The market for lighting as a service is thriving as organizations in the UAE seek to embrace eco-friendly lighting solutions.
The Lighting as a Service market in the UAE is thriving due to multiple factors. The government`s commitment to sustainable development and energy efficiency has led to various initiatives promoting LED lighting and efficient lighting solutions. Energy savings, reduced maintenance costs, and improved lighting quality are compelling reasons for both public and private sector entities to adopt Lighting as a Service. The move towards smart and connected lighting systems, which can be remotely controlled and optimized, adds another dimension to this market`s growth. Furthermore, the ability to avoid large upfront investments through subscription-based lighting services is an attractive proposition for businesses.
The Lighting as a Service Market in the UAE faces challenges related to technology adoption, energy efficiency, and customer awareness. Encouraging widespread adoption of energy-efficient lighting solutions while ensuring cost savings remains a key challenge.
The Lighting as a Service market in the UAE witnessed challenges during the COVID-19 pandemic, affecting commercial and industrial lighting projects. Lockdowns and economic uncertainties initially impacted market growth. However, the post-pandemic period saw increased adoption of lighting as a service due to its cost-effectiveness and energy efficiency. The market adapted by offering flexible financing models and advanced lighting solutions with smart controls and sustainability features.
Key players in the UAE Lighting as a Service market include Signify N.V. (formerly known as Philips Lighting) and General Electric Company. Signify N.V., a global leader in lighting, has played a significant role in providing lighting as a service solutions for energy-efficient and sustainable lighting in the UAE. General Electric Company, known for its expertise in lighting and energy solutions, has also significantly contributed to the Lighting as a Service market by offering innovative and cost-effective lighting solutions for various applications in the UAE.
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 United Arab Emirates (UAE) Lighting as a Service Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Lighting as a Service Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Lighting as a Service Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Lighting as a Service Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Lighting as a Service Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Lighting as a Service Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Lighting as a Service Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 United Arab Emirates (UAE) Lighting as a Service Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Lighting as a Service Market Trends |
6 United Arab Emirates (UAE) Lighting as a Service Market, By Types |
6.1 United Arab Emirates (UAE) Lighting as a Service Market, By End-User |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Lighting as a Service Market Revenues & Volume, By End-User, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Lighting as a Service Market Revenues & Volume, By Commercial, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Lighting as a Service Market Revenues & Volume, By Municipal, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Lighting as a Service Market Revenues & Volume, By Industrial, 2021-2031F |
6.2 United Arab Emirates (UAE) Lighting as a Service Market, By Installation |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Lighting as a Service Market Revenues & Volume, By Indoor, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Lighting as a Service Market Revenues & Volume, By Outdoor, 2021-2031F |
6.3 United Arab Emirates (UAE) Lighting as a Service Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Lighting as a Service Market Revenues & Volume, By Luminaires, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Lighting as a Service Market Revenues & Volume, By Software & Communication Systems, 2021-2031F |
6.3.4 United Arab Emirates (UAE) Lighting as a Service Market Revenues & Volume, By Maintenance Services, 2021-2031F |
7 United Arab Emirates (UAE) Lighting as a Service Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Lighting as a Service Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Lighting as a Service Market Imports from Major Countries |
8 United Arab Emirates (UAE) Lighting as a Service Market Key Performance Indicators |
9 United Arab Emirates (UAE) Lighting as a Service Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Lighting as a Service Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Lighting as a Service Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Lighting as a Service Market Opportunity Assessment, By Component, 2021 & 2031F |
10 United Arab Emirates (UAE) Lighting as a Service Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Lighting as a Service Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Lighting as a Service Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |