In 2023, the import volume of lighting or visual signalling equipment to the UAE was reported at 8.460 million kilograms. The forecasted data for the subsequent years indicates a steady increase, with an anticipated volume of 8.631 million kilograms in 2024, growing incrementally to 9.2982 million kilograms by 2028. This suggests a consistent year-on-year growth.
The year-on-year variations are as follows:
• 2024: 2.02%
• 2025: 1.99%
• 2026: 1.91%
• 2027: 1.84%
• 2028: 1.77%
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.91%, indicative of a stable growth trajectory in the import of this equipment.
Future trends to watch for include technological advancements in lighting and signalling equipment, potential shifts in regulatory policies, and demand fluctuations driven by large-scale infrastructure and urban development projects within the UAE.