The forecast for the import of lighting or visual signalling equipment to the UAE shows a steady increase from $144.84 million in 2024 to $161.38 million in 2028. In 2023, the value stood at $140 million, indicating an upward trend.
Year-on-year changes demonstrate consistent growth:
- 2024: +3.5%
- 2025: +2.95%
- 2026: +2.8%
- 2027: +2.68%
- 2028: +2.55%
The compound annual growth rate (CAGR) over the five-year period is approximately 2.9%, highlighting a stable but incremental rise in import values.
Future trends to watch include the development of smart city projects in the UAE, advancements in LED and energy-efficient lighting, and potential shifts in global supply chains that could impact import volumes and values.