THINKLIGHT conference at Light + Intelligent Building Middle East to spotlight future of light and buildings

  • Date: 12-Jan-2024
  • Source: The Gulf Time
  • Sector:Oil & Gas
  • Country:UAE
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THINKLIGHT conference at Light + Intelligent Building Middle East to spotlight future of light and buildings

DUBAI / WAM 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 ...

DUBAI / WAM

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 percent 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