Future Market Insights (FMI) conveys key experiences on the Middle East LED & OLED lighting products and displays in its most recent report titled, “LED & OLED Lighting Products and Displays Market: Middle East Industry Analysis and Opportunity Assessment 2015-2025”. Center East LED & OLED lighting products and displays market is projected to enlist a solid CAGR of 14.3% and 4.9% separately regarding esteem during the estimate time frame (2015-2025). This predominantly credited to different elements, with respect to which FMI offers detailed bits of knowledge in its report.
Based on item type, Middle East LED & OLED lighting products market has been divided into sun oriented and traditional. Sun based portion represented 6.5% worth portion of the market in 2014 and is supposed to enlist a CAGR of 17.8% over the gauge period.
Result type, Middle East LED & OLED show market has been portioned into versatile displays, buyer TV displays and open air LED displays. Versatile displays section represented 15.4% worth offer in 2014 and is supposed to enroll a CAGR of 7.8% over the figure 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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LED & OLED Lighting Products
- By Product Type
- Linear and Strips
- Lamps and Bulbs
- By End Use
Key Regions/Countries Covered
LED & OLED Display Market
- By Product Type
- Mobile display
- Consumer TV display