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Spotlight on sector at Light ME as global market expected to be worth US$ 24 Billion by 2015

Potential savings of US$ 400 MN and 5.1 Megatonnes of CO2 emissions annually across the GCC
Growing global demand for energy-efficient and ecologically friendly lighting solutions is positively impacting the market for LED (light emitting diode) and CFL (compact fluorescent lamps) powered lamps and installations. This demand is being further driven by government legislation mandating the use of LED and CFL technology in public sector outfits, common public spaces, utility services and offices and factories in many parts of the world.

According to recent figures by strategyr.com, the global market for lamps using CFL and LED technology is predicted to reach around US$ 24 billion by 2015*. This growing worldwide trend is seen across the Middle East too and has led to increasing focus by international majors on Light Middle East, the region's only dedicated trade show and conference for lighting design and technology. The event will run from September 12th to 14th, 2011, at the Dubai International Convention and Exhibition Centre.

"The trend towards utilising LED and CFL technology as a greener alternative lighting solution, is being increasingly employed in many of the large-scale infrastructure projects in the region like the Yas Hotel, the Sheikh Zayed Mosque and the upcoming Dubai Waterfront," said Ahmed Pauwels, Chief Executive Officer of organiser, Epoc Messe Frankfurt. "Awareness of the need for energy conservation is spreading across the markets of the Middle East and leading to great potential demand. Light Middle East enables the majors in global lighting solutions to easily research and tap into this promising market," Pauwels stated.

The Yas Hotel located in Abu Dhabi has an extraordinary 5000 LED panel gridshell that drapes the hotel in a vibrant shroud of lights. This enables the hotel to act as a light show providing different shades and colours, including animations. This is the largest colour LED display in the world and the use of the LEDs instead of more conventional lighting helps to conserve a huge amount of energy.

According to some experts, countries in the GCC could stand to save around US$ 400 million and 5.1 megatonnes of CO2 emissions annually by switching to LED lighting technology. LED lights not only are far more energy-efficient during use but are also far longer lasting leading to less replacements over time.**

The future may witness complete replacement of incandescent lamps by LEDs across all regional markets. Another prominent trend in the lamps market includes rapid advancements in next-generation light sources such as organic light-emitting diodes (OLEDs). OLEDs are expected to become core components of lighting applications, including architectural lighting, general-purpose lighting, industrial lighting, and backlighting.

Aside from public and domestic lighting, LED technology is being increasingly used in a multitude of ways in everyday life such as mobile phones, LED TVs, notebook and laptop computers, backlighting, landscaping and automotive lights.

Light Middle East is the premier trade event for the region's lighting industry. Over the years it has become a networking venue of choice for industry professionals to keep abreast of the latest trends, developments and technologies in use across the world.

-Ends-

* Lamps Market Report - Strategyr.com
**LED lighting to save GCC millions - Construction Week

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© Press Release 2011