UAE, Saudi lighting market value hits USD2.5b in 2013


(MENAFN) Lighting sector in the UAE and Saudi Arabia accounted for 70 percent of the GCC lighting market in 2013, which worth USD2.5 billion, according to Gulf News.

The significant rise in the sector resulted from the growing demand from the fully revived construction sector.

The Gulf lighting fixtures market is expected to grow between 8-10 percent annually during the years 2014-2018, creating major opportunities for global manufacturers and designers to capitalize on renewed investment across the region.


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