Albany, NY -- (SBWire) -- 10/27/2016 --LED light is a light-emitting diode product which is used in lighting fixtures. It is a semiconductor lighting source that finds wide applications such as 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 offered by the former such as long life cycle, high energy efficiency, environmental friendliness, superior durability, low thermal emission and relatively small size.
In the section that follows, the report covers the LED & OLED lighting products and displays market performance in terms of revenue split in order to provide in-depth analysis of the market. This section also includes FMI's analysis of key trends, drivers and restraints from supply, demand and economy sides that are influencing the Middle East LED & OLED lighting products and displays market. Impact analysis of key growth drivers and restraints, based on the weighted average model, is included in the report to better equip clients with crystal clear decision-making insights.
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The next section of the report highlights adoption of LED and OLED lighting products and displays by regions namely Middle East. It provides market outlook for 2015-2025 and sets the forecast within the context of the LED & OLED lighting products and displays market ecosystem. This study discusses key regional trends contributing to growth of the LED & OLED lighting products and displays market across Middle East regions, as well as analyses the degree to which drivers are influencing this market in each region. Countries assessed in this report include KSA (The Kingdom of Saudi Arabia), UAE, Qatar, Oman, Bahrain, Kuwait, Turkey, Israel, Egypt, Jordan, Lebanon, Cyprus, Iraq, Palestine and Syria.
All the above sections-by end-use industry, by product type and by region-evaluate the present scenario and growth prospects of the LED & OLED lighting products and displays market for 2015-2025. We have considered 2014 as the base year and provided data for all 12 months of the year.
To calculate the LED & OLED lighting products and displays market size, we have considered revenue generated from sales of LED & OLED lighting products and displays as well as adoption of products. The forecast presented here assesses total revenue across the Middle East LED & OLED lighting products and displays market. In order to offer an accurate forecast, we start by sizing the current market, which forms the basis of how the LED & OLED lighting products and displays market is expected to develop in the future. Given the characteristics of the market, we triangulated the outcome of three different types of analysis based on consumer spending, supply side and economic envelope. However, forecasting the market in terms of various LED & OLED lighting products and displays market segments and regions is more a matter of identifying opportunities and quantifying expectations rather than rationalising them after the forecast has been completed.
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It is imperative to note that in an ever-fluctuating economy of Middle East countries, we not only forecast the market in terms of CAGR but also analyse the basis of key parameters such as year-on-year (Y-o-Y) growth to understand predictability of the market to identify the right opportunities across the LED and OLED lighting products and displays market.
Key Companies
OSRAM Licht AG
GE Lighting, LLC
Cree, Inc.
Sharp Corporation
Eaton Corporation (Cooper Industries PLC)
LG Display Co., Ltd.
Daktronics Inc.
Barco N.V
Samsung Electronics Co. Ltd.
Toshiba Lighting & Technology Corporation
Zumtobel Group AG
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LED & OLED Lighting Products and Displays Market Detailed Study and Forecast by 2025
Its primary objective is to offer updates on advancements in LED & OLED lighting products and displays that have given rise to high demand for both LED & OLED lighting products and displays.