Future Market Insights (FMI) delivers key insights on the Middle East LED & OLED lighting products and displays in its latest report titled, “LED & OLED Lighting Products and Displays Market: Middle East Industry Analysis and Opportunity Assessment 2015-2025”. Middle East LED & OLED lighting products and displays market is projected to register a healthy CAGR of 14.3% and 4.9% respectively in terms of value during the forecast period (2015–2025). This mainly attributed to various factors, regarding which FMI offers detailed insights in its report.
On the basis of product type, Middle East LED & OLED lighting products market has been segmented into solar and conventional. Solar segment accounted for 6.5% value share of the market in 2014 and is expected to register a CAGR of 17.8% over the forecast period. By product type, Middle East LED & OLED display market has been segmented into mobile displays, consumer TV displays and outdoor LED displays. Mobile displays segment accounted for 15.4% value share in 2014 and is expected to register a CAGR of 7.8% over the forecast period.
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However, in terms of value, consumer TV segment is projected to be dominant by 2025, accounting for market share of 75.7%, as compared to mobile displays segment, with 20.7% share.
On the basis of end use, Middle East LED and OLED lighting products market is segmented into residential and commercial; among these, commercial segment accounted for a value share of 67.1% in 2014, which is projected to decrease to 65.2% by 2025. In Middle East LED & OLED lighting products market, residential segment is projected to exhibit the highest CAGR of 14.8% over the forecast period.
In Middle East LED and OLED displays market, outdoor LED displays segment is further segmented on the basis of product type and colour display. On the basis of product type, outdoor LED display segment is further sub-segmented into LED Billboards, LED mobile panels, LED video walls and LED traffic lights displays.
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. 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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Key Segment
LED & OLED Lighting Products
- By Product Type
- Solar
- Conventional
- Linear and Strips
- Lamps and Bulbs
- By End Use
- Residential
- Commercial
Key Regions/Countries Covered
- GCC
- UAE
- KSA
- Qatar
- Oman
- Bahrain
- Kuwait
- Levant
- Turkey
LED & OLED Display Market
- By Product Type
- Mobile display
- AMOLED
- OLED
- LCD
- Consumer TV display
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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