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

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