Lighting fixtures sales set to boom

Regional investment growing faster than the global average.

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Global demand for lighting fixtures that is now set to exceed US $94 billion by 2010, according Epoc Messe Frankfurt, organiser of the Light Middle East trade show.

"The lighting business in the Middle East region is driven by superior quality and innovative products," observed Jessica Minton, senior show manager of Light Middle East. Minton added that apart from portable fixtures, non-portable fittings such as industrial fittings are also expected to post good growth. "Commercial, residential and industrial buildings, airports, railways, and replacement products are projected to drive the growth of industrial and commercial lighting fixtures and systems within the Middle East region."

In addition, long lasting energy saving products, high intensity discharge (HID) lighting, and portable fixtures using light emitting diodes (LED) are also expected to generate good volumes in the region.

"Solid-state lighting technology that offers increased energy savings and advanced capabilities is poised to revamp the lightings industry worldwide and accelerate its growth," Ms. Minton stressed. She added the construction boom in the region has ensured that the lighting fixtures market will grow at a CAGR of almost 7% that is higher than the global average of 4%.

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