Saudi Arabia Smart Lighting Market Size, Share and Forecast 2020-2027

Saudi Arabia Smart Lighting Market Size, Share and Forecast 2020-2027

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Saudi Arabia Smart Lighting Market

The Smart Lightning Market in Saudi Arabia is expected to grow at a steady CAGR over the forecast period (2020-207).

The factors driving the growth of Saudi Arabia Smart Lighting Market includes increasing penetration of smart phones and tablets, improvement in the internet connectivity, expansion of real estate sector and growing demand for energy efficient lighting systems. According to the report published by Counter Point Research, the Smartphone market in Saudi Arabia increased to 49% YoY in 2021, with a 14% jump from the pre-pandemic 2019, which is expected to boost the Saudi Arabia Smart Lighting Market Industry in in the coming years. Moreover, the increasing energy consumption, rise in Government expenditure on building advanced infrastructure and rapid urbanization, are some of the additional factors supplementing the market growth in Saudi Arabia. As per Seetao, the Government of Saudi Arabia is planning to invest around USD 22.4 billion in the urban infrastructure construction in 2022, which is expected to accelerate the Saudi Arabia Smart Lighting Market size.

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However, the growth of Saudi Arabia Smart Lighting Market is hindered attributed to high installation cost and rising concerns regarding security and privacy.

The major players operating in the market are Zubair Electric Group/ Spectra Lighting & Power Solutions LLC, Cinmar Lighting Systems, Huda Lighting, Al Nasser Group, National Lighting Company, Cooper Lighting (Eaton), Al AbdulKarim Trading Company, Philips Saudi Lighting Company, Zumtobel Lighting Saudi Arabia, Osram/Ledvance and Al Fanar Company Ltd among others.

Offering: Segment Analysis

Based on offering, the hardware segment is predicted to expand at a remarkable CAGR during the forecast period. The increasing application of hardware in the construction of commercial and residential areas and growing adoption of integrated sensors, are some of the factors responsible for the growth of the segment.

Communication Type: Segment Analysis

Based on communication type, the wireless technology segment is anticipated toc capture sizeable market share over the forecast period because it makes it makes big data easily accessible and enhances the operational efficiency.

Application: Segment Analysis

Based on application, the indoor segment is estimated to expand at a faster CAGR during the forecast period. Increasing application of smart lighting systems in shopping malls, offices, retail shops, apartments and other commercial spaces and it minimizes operation and maintenance costs, are some of the factors responsible for the growth of the segment.

Market Segmentation

Saudi Arabia Smart Lighting Market by Offering

HardwareLights & LuminairesSmart Bulbs
Fixtures
Lighting ControlsLED Drivers & Ballasts
Sensors
Switches & Dimmers
Relay Units
Gateways
SoftwareLocal/Web-Based Software
Cloud-Based Software
ServicesDesign & Engineering
Installation Services
Post-Installation Services
Saudi Arabia Smart Lighting Market by Source

LED Lamps
Fluorescent Lamps
Compact Fluorescent Lamps
High Intensity Discharge Lamps
Others
Saudi Arabia Smart Lighting Market by Communication Technology

Wired TechnologyDigital Addressable Lighting Interface
Power-Line Communication
Power Over Ethernet
Wired Hybrid Protocols
Wireless TechnologyZigbee
Bluetooth/Bluetooth Low Energy
Enocean
Wi-Fi
6lowpan
Wireless Hybrid Protocols
Saudi Arabia Smart Lighting Market by Installation Type

New Installation
Retrofit Installation
Saudi Arabia Smart Lighting Market by Application

Indoor ApplicationResidential
CommercialRetail
Hospitality
Office Lighting
Industrial
Outdoor ApplicationHighways & Roadways
Architectural
Public Places

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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