Project Description
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