Switching from older lighting technology in public and commercial buildings to the latest devices could save up to AED 33 billion in the Middle East and Africa region, according to a recent study by Philips Electronics.
The study also predicts potential savings of AED 293.6 billion worldwide if a switch was made to newer lighting technology and devices.
Growing demand for energy-efficient and ecologically friendly lighting solutions is positively affecting the market for LED (light emitting diode) and CFL (compact fluorescent lamps) powered lamps and installations. In addition, there is government legislation making the use of LED and CFL technology in public sector outfits, public spaces, utility services and offices and factories necessary in many parts of the world.
According to recent figures by strategyr.com, a global business strategy and market intelligence source, the global market for lamps using CFL and LED technology is predicted to reach around $24 billion by 2015.
“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, Epoc Messe Frankfurt.
“Awareness of the need for energy conservation is spreading across markets in the Middle East and leading to great potential demand,” said Pauwels.
The Yas Hotel in Abu Dhabi has a 5,000 LED panel gridshell that drapes the hotel in vibrant lights. This allows the hotel to act as a light show providing different shades and colours, including animations. It is the largest colour LED display in the world, and the use of such a fixture instead of the more conventional lighting contributes to conserving a huge amount of energy.
According to experts, countries in the GCC could potentially save around $400m 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 fewer replacements over time.
The future may see replacement of incandescent lamps by LEDs across all regional markets. Another trend in the lamps market includes advancements in next-generation light sources, such as organic light-emitting diodes (OLEDs).
OLEDs are eventually expected to become core components of lighting applications, including architectural lighting, general-purpose lighting, industrial lighting, and backlighting.
In addition, the latest figures recently mentioned by Dr. Nasser Saidi, chief economist, Dubai International Financial Centre said the total spend on GCC infrastructure projects is currently $2.3 trillion (compared to $1 trillion in the United States and $475 billion in India).
With UAE leading the pack with $926 billion, Saudi Arabia with $614 billion, followed by Kuwait ($271 billion), Qatar ($230 billion), Oman ($104 billion) and Bahrain ($66 billion), the demand for lighting in the region seems like it will be positively affected.
Lighting has become an important part of interior design with sustainability being an important factor. Commercial Interior Design speaks to lighting suppliers you cannot afford to miss.