The global smart buildings market is poised for solid growth and is expected to increase in value from $96 billion in 2023 to an estimated $408 billion by 2030, said an expert at the Light + Intelligent Building Middle East expo being held in Dubai.
Middle East LED market set for solid growth; to hit $5 9bln by 2029 zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
The light emitting diode (LED) market in the Middle East is poised for solid growth over the next five years to hit $5.9 billion by 2029 with a CAGR of 8.2%, said a report released ahead of a major industry event being held in Dubai.
Light + Intelligent Building Middle East, the leading exhibition for lighting, electrical engineering and building technology, will take place from January 16 to 18 in Dubai with 350 exhibitors, an 88% increase from last year.