The Electronics & Electricals Industry at Jabel Ali Freezone
Spanning 1.11 million square meters with an additional 83,800 square meters dedicated to warehouse space, the Electronics and Electrical industry flourishes in the dynamic environment of Jabel Ali Freezone.
Hosting over 1,300 companies from 89 countries, employing a workforce of more than 8,200 individuals, the Electrical and Electronics industry in Jabel Ali Freezone stands as the highest-ranked in terms of the number of established companies.
In 2020, the trade of electronic and electrical products in this zone generated a substantial value, surpassing AED 40 billion. The Jabel Ali port contributed significantly, accounting for AED 23.4 billion in trade value. The sector’s growth is propelled by factors such as increasing disposable income, a surge in tourism, escalating internet penetration, and the well-established distribution network of leading manufacturers who have chosen Jabel Ali Freezone as their regional hub for decades.
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Trends & Opportunities
Consumer electronics leads trading volumes globally
In 2023, the global Consumer Electronics market is anticipated to reach an impressive USD 1,052.0 billion, with a projected market volume of USD 547 billion by 2025, showcasing a 4.28% annual growth rate. The UAE plays a significant role in the Electronics & Electricals trading industry, hosting over 1,300 companies that cater to both local and international demand. For the automotive aftermarket, the UAE is expected to see solid growth with increased vehicle production and sales, fostering economic growth and heightened consumer spending.
11.2% CAGR
The global electronic products market is poised to expand from USD 948.78 billion in 2020 to USD 1055.29 billion in 2021.This growth represents a robust Compound Annual Growth Rate (CAGR) of 11.2%.
USD 900 Million Projection
The Consumer Electronics segment in the UAE is anticipated to achieve a revenue of USD 900 million in 2021.
Asia-Pacific
Asia-Pacific holds the largest share in the global electronic products market. Accounting for 49.4% of the total market in 2020, Asia-Pacific is a pivotal region in the electronic products industry.
1,300 companies in Jabel Ali Freezone operate in the Electronics and Electrical industry.
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