26 Jumada I 1446 - 27 November 2024
    
Sign up for newsletter
Eye of Riyadh
Business & Money | Saturday 13 January, 2024 3:26 pm |
Share:

Responsible lighting to be showcased at Light + Intelligent Building Middle East as LED market in the region to top $5.94 billion by 2029

Energy efficiency, sustainability, safety, inclusivity and functionality will be the key areas discussed at the forthcoming THINKLIGHT conference, part of  Light + Intelligent Building Middle East, the leading exhibition for lighting, electrical engineering, and building technology when it returns to the Dubai World Trade Centre next week. 

 

According to the latest statistics from market research specialists, Mordor Intelligence, the Middle East light emitting diode (LED) market is expected to reach over US$4 billion this year, with this figure set to rise to US$5.94 billion by 2029, a CAGR of 8.17% during the forecast period.

 

LED lighting has been a game changer within the industry, offering a range of benefits, from energy efficiency and improved environmental performance to design flexibility and directionality. One of the significant benefits, particularly from a commercial perspective, is the potential multi-billion-dollar savings due to reduced energy consumption.

 

As part of the THINKLIGHT conference, a range of international speakers will take to the stage to discuss the importance of Corporate Social Responsibility, and Environmental, Social and Corporate Governance within the lighting industry under six key themes of cities, art and entertainment, the business of lighting design in the Middle East region, circularity, darkness, and smart, intelligent and integrated.

 

The highly anticipated Enlightened Futures: Darkness session, will addressed reducing light pollution and, in turn, helping to save energy, reduce greenhouse gas emissions and protect wildlife that relies on natural darkness. 

 

Organised by Messe Frankfurt Middle East, the event is part of the international Light + Building brand and will be held under the theme, “Enlightened Futures: How responsibility will guide the future of buildings”. 

 

Other key event features include the highly anticipated Smart Building Summit, which will feature professionals from diverse fields, including government, development, architecture, engineering, facilities management, technology, and sustainability. 

 

This summit is a forum for in-depth discussions on industry trends and best practices. With emphasis on innovation and collaboration, visitors will delve into the transformative impact of advanced technology, data analytics, and intelligent systems, unveiling how these elements optimise energy consumption, elevate comfort levels, and champion sustainability within smart buildings.

 

Adding an interactive dimension to the event, Light + Intelligent Building Middle East will introduce InSpotLight – a platform to showcase the brightest minds alongside the latest lighting, design, and technology innovations. The inaugural day of the exhibition will witness the live pitch and judging process for the prestigious Light Middle East Award's Product of the Year category. 

 

Abdul Muhsin, Show Director of Light + Intelligent Building Middle East, said: “In line with our overall theme, all our conferences this year will focus on the importance of responsibility now and for the future. As professionals in the lighting and smart building sector, there is an opportunity to shape how people experience the world and consider energy efficiency, sustainability, safety, inclusivity, and functionality. 

 

“We will address these factors and develop and deliver a roadmap for the future, which will deliver exceptional results for clients and the environment.”

                                                                    

Light + Intelligent Building Middle East will be held in conjunction with Intersec, the world’s leading trade fair for emergency services, security and safety, to create the region’s leading trade fair for the building services industry.

Ends

Share:
Print
Post Your Comment
ADD TO EYE OF Riyadh
RELATED NEWS
MOST POPULAR