Dubai has the highest demand for electric appliance lifts, with the city registering nearly 30 million new registrations each month.
Dubai has an estimated 1.3 million electric appliance sales per month, according to the Dubai Electricity Authority (DAEA), but the number is growing rapidly, according the Dubai Electric Industry Association (DEIA).
Dubais electric appliance market grew by a whopping 1,096 per cent in the first nine months of 2018, which is the highest growth rate in the world, according Dubai Electric Market (DEMA) chief executive Officer Mohammed Al Sadaqat.
According to the DAEA, the number of electric appliance owners in Dubai grew by an average of 22 per cent a year between 2018 and 2019.
However, DEMA believes the growth rate is likely to be even higher as the demand for the new generation of electric appliances continues to grow.
“Dubai is seeing a tremendous increase in the demand of electric lift appliances, especially for the urban areas where the need for these lifts is greatest,” Al Saderat said.
Electric appliance lifts are generally made from metal plates and have to be transported by land to the outlet in order to recharge the appliance.
The DAEA says Dubai’s electric lift market is expected to reach over $1.5 billion by 2020, representing more than a 50 per cent increase over the $1 billion in 2017.
In 2017, Dubai launched the Dubai Power and Gas Supply (DPGS) programme, which offers discounts on electric lifts to boost demand.
As part of the DPGS programme, the DAAEA is planning to roll out electric lift discounts to residential, commercial and industrial users.
While DPGs discount scheme is expected in phases over the next five years, Al Sayer says the DDAE’s discount scheme will start rolling out on a nationwide basis from 2018.
This means that a lift in the Dubai city could be free of charge for residents, and a lift would cost around $100, or about €75, per lift.
But if the price of an electric lift is higher than the price paid by a resident of the same area, a residential resident would pay more.
What’s more, the DSAE’s pricing scheme is designed to be inclusive and fair, so it will not discriminate between residential and commercial residents, AlSayer said.
ELECTRIC ANIMALS Electric lifts have long been popular among domestic and international consumers, and the electric appliance industry has also witnessed a rapid growth in recent years. “
The DAAe aims to make Dubai’s lift infrastructure a ‘living proof’ of its ‘green infrastructure’,” Al Sady added.
ELECTRIC ANIMALS Electric lifts have long been popular among domestic and international consumers, and the electric appliance industry has also witnessed a rapid growth in recent years.
Currently, electric lift sales are on track to grow at an annualised rate of more than 30 per cent, according Al Sasser.
With a total of 4.4 million lifts registered in Dubai, it is estimated that the city will become the world’s fifth-largest market in the electric lift industry by 2021.
On a global scale, Dubai is expected on average to see an additional 7,400 lifts annually.
Despite the growing demand for electricity, the electric industry still faces challenges in the area of electricity supply.
Last year, the Dubai Public Power Supply Company (DPPCS) said it had reached a power-sharing agreement with Dubai Electricity Supply Company Limited (DEPSCL) to run the power supply for the power market.
Under the deal, the power sector will be run jointly by DEPSCL and DEPCSCL, and DDPCL will share the power grid with the UAE Electricity Authority.