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CEO's vision and SRTI Park's role
Commenting on its participation, Hussain Al Mahmoudi, CEO of SRTI Park, said: "We are delighted to be part of the Sharjah Light Festival, as this event reflects our vision of supporting initiatives that leverage technology to create unique experiences for the public. The overwhelming visitor turnout each evening highlights SRTI Park’s significance as a hub that blends innovation with entertainment. We remain committed to attracting companies specializing in advanced lighting technologies, reinforcing Sharjah’s position as a global center for innovation and creativity."
Smart lighting solutions at SRTI Park
SRTI Park is home to some startups and companies specialised in smart lighting technologies, integrating artificial intelligence (AI) and the Internet of Things (IoT) to enhance energy efficiency and redefine visual experiences. Sustainable lighting solutions are at the forefront of industry trends, contributing to a reduction of up to 80% in energy consumption compared to traditional systems—aligning with the UAE’s sustainability goals.
Hub for smart lighting innovation
While the global LED lighting market is expected to reach $105.66 billion by 2025, growing at a 13.4% CAGR, driven by demand for energy-efficient solutions, Sharjah is enhancing its role in this sector, with one of the largest LED lighting manufacturing facilities in the MENA region, producing 100,000 wall-integrated units and 150,000 neon fixtures annually. SRTI Park is focusing on R&D in smart lighting, AI-driven illumination, and IoT-integrated solutions, aiming to boost investment in next-gen lighting innovations. With global R&D spending in lighting tech exceeding $6 billion annually, Sharjah has a growing opportunity to lead in this industry.