Market Assessment for ELV (Extra Low Voltage) Systems in UAE

• ELV products and services are spread across building solutions (automation systems, security & alarm, AV Systems and fire & safety) and ICT (Network solutions) sub-segments
• The ELV market in the UAE is expected to grow at a healthy growth of 6% for next five years. The growth is driven by government initiatives to support construction sector, smart city initiatives and cloud adoption in the country
• AV Systems and network solutions together account for more than 50% of the ELV market in the country
• Greenfield ELV projects account for more than 75% projects. Majority are large to medium projects and are dominated by integrated ELV players
• HVAC is the largest category in the building automation segment. Residential and commercial buildings account for more than 40% of the building automation segment

Table of Content:

Macro Overview of UAE

• Macro overview of UAE: GDP, sector-wise breakdown of GDP, unemployment and inflation
• % GDP contribution by construction, ICT sector
• Review, analyze and forecast demographic indicators, including:
  • Population size, distribution by region, gender and age, nationality etc.
  • Population growth rate
• Analyze economic drivers and risks affecting the construction and ICT industry at large
  • g., improvement in oil prices fueling the GDP growth momentum

Brief Overview of UAE construction sector & Growth Assessment

• Construction sector market size & growth (2023-2028 F)
• Key drivers impacting future growth in the region:
  • Growth in luxury residential properties
  • Tourism infrastructure growth
  • Growth in project awards with residential, mixed-use, cultural, and commercial as the leading segments
• Key challenges / deterrents to watch out

Market Size, Segmentation & Outlook

• ELV systems: Definition & key product segments (will be proposed and agreed with client during the kick-off stage)
• Typical Value chain: Type of players in the industry (producers / importers / distributors / retailers)
• Market size: current and forecast growth (2023-2028F)
• Market segmentation by product segments
  • Access control systems
  • CCTV and IPTV
  • Security Alarms
  • Public Address systems
  • Queuing Systems
  • AV systems, etc.
• Market segmentation by industries
  • Residential
  • Commercial (Offices and Corporates, HoReCa, Malls, Hospitals, Municipal/Government Offices, Others)
• Key market drivers during the forecast period
  • New residential, infrastructure, and commercial projects
  • Increasing focus on safety regulations
  • Replacement demand
• Key industry challenges e.g., supply chain issues, skillset availability

Competition Overview

• List of major suppliers / producers of ELV systems in the UAE
• Estimated market share based on revenue (2023)
• Basis of competition (product range / quality / distribution reach / pricing, etc.

Competition profiles (5-6 major players)

• Business overview: Location(s), # of people, Vintage
• Ownership structure (public / private / partnership)
• Management overview: CXO profiles
• Product portfolio
• Brand strength
• Type of end markets served
• Pricing overview
• Clientele overview* (key clients)
• Geographical reach
• Partnerships / tie Ups with local / international players
• Sales and distribution network / strategy
• Financials*: Revenue, revenue growth (over the past 5 years)
• Key strengths and weaknesses of each player

*On best effort basis considering confidential nature of the information