Saudi Arabia Smart Lighting Market by Offering (Hardware, Software, and Service), By Source (LED Lamps, Fluorescent Lamps, Compact Fluorescent Lamps, High Intensity Discharge Lamps, and Others), By Communication Technology (Wired Technology and Wireless Technology), By Installation Type (New-Installation and Retrofit Installation), and By Application (Indoor and Outdoor) – Opportunities and Forecast, 2020-2027
Published Date: Jun-2020 | Report Format: Excel/PPT | Report Code: UP224A-00-1219
Introduction to Saudi Arabia Smart Lighting Market Report
Smart Lighting is the advanced lighting technology specially designed to provide an energy efficient way to manage the lighting systems of homes and buildings. It basically consists of a high efficiency fixtures and automated controls which adjusts the lighting system based on different conditions such as daylight availability. The smart lighting system uses smart LED light bulbs which are connected to the Internet of Things (IoT), collects usage data and allows lighting to be completely automated or controlled remotely through smartphones, tablets or smart assistance such as Amazon Alexa. These systems reduce energy consumption, saves money, improves security level while allowing to create an entire smart home.
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Major Saudi Arabia Smart Lighting Market Drivers
Primary factors driving Saudi Arabia smart lighting market are raid growth in real estate sector, growing demand for energy efficient lighting solutions, development of smart cities and government initiatives to boost tourism industry. Government of Saudi Arabia is taking several initiatives to conserve energy, develop new smart cities which are equipped with modern lighting systems and boost the tourism industry. For instance, Saudi government will install new smart lighting systems in the street in Madinah, as a part of vision 2030 to achieve environmental objectives and boost tourism in the region, such initiatives are driving the smart lighting market in Saudi Arabia.
Smart lighting solutions are becoming increasingly popular in Saudi Arabia as it conserves more energy as compared to traditional bulbs and offers convenience since users can adjust brightness and intensity with their smartphone. Moreover, government is investing heavily in residential, commercial and infrastructure projects to boost country’s economy, some of these projects include King Abdulaziz International Airport, Red Sea Development Project, Al-Qiddiya project and NEOM city. Tourism industry is the major pillar of Saudi Vision 2030, government will invest USD 1.5 trillion in the tourism sector, to attract 100 million visitors annually in the country by 2030, which is expected to increase the demand for smart lighting solutions in various hotels and tourism facilities in Saudi Arabia.
Infrastructure projects to diversify the economy, some of these projects include Makkah and Riyadh Metro and expansion of King Abdulaziz International Airport. Since, these projects requires installation of advanced lighting technologies so they can work efficiently, such projects are projected to have a positive impact on the Saudi Arabia smart lighting market growth. However, high installation cost and security and privacy concerns are restricting the market growth.
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As per Saudi Arabia smart lighting market analysis, hardware segment is expected to grow at a higher CAGR. The hardware components are the essential part of the smart lighting. Hardware offers its component, which includes light & luminaries and lighting control. Luminaires provide flexible and smart solutions for commercial, residential, and public infrastructure. An integrated sensor helps to create optimal room lighting conditions, and the presence of the sensor also ensures that the luminaries will dim automatically or switch off the light when the entire room is vacant.
According to Saudi Arabia smart lighting market forecast, wireless technology segment is projected to grow at a higher CAGR. Wireless control systems offer low power, memory efficient, secure, and simple to adopt features. With the sensor, it makes big data easily and rapidly accessible, allowing for increases in comfort, operational efficiency, and security. All these exceptional features are attracting a large number of consumers towards the market.
Based on the installation type, the retrofit segment is projected to lead the market owing to its cost-effective feature while upgrading the indoor or outdoor lighting and quickly recoup costs by reducing energy consumption.
Based on the application, the indoor segment is expected to grow at a higher CAGR. Smart lighting used for residential, commercial, and industrial purposes, helps to reduce energy consumption and less operation and maintenance costs. Smart lighting can be installed for residential purposes according to the requirement of a room and house. In the commercial application, smart lighting is used in offices, retail shops, shopping malls, and hospitality infrastructure to reduce energy consumption and maintenance costs. Also, smart lighting helps to reduce the overall demand for lighting energy.
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Various notable players in the smart lighting market include Philips Saudi Lighting Company, Al Nasser Group, National Lighting Company, Cooper Lighting (Eaton), Zumtobel Lighting Saudi Arabia, Osram/Ledvance, Al Fanar Company Ltd, Zubair Electric Group/ Spectra Lighting & Power Solutions LLC, Cinmar Lighting Systems, Huda Lighting, Al AbdulKarim Trading Company among others.
Key Developments:
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- In October 2022, Signify, a major lighting corporation based out of Netherlands announced the launch of its Philips Hue, which are smart lighting products designed to provide personalized lighting experience to its users.
The Saudi Arabia Smart Lighting market has been segmented based on the offering, source, communication type, installation type, and application. Based on the offering, the market is categorized into hardware, software, and services. Based on Source, the market is segmented into LED Lamps, Fluorescent Lamps, Compact Fluorescent Lamps, High Intensity Discharge Lamps, and Others. Based on the communication type, the market is segmented into wired technology and wireless technology. Based on the installation type, the market is segmented into the new installation and retrofit installation. Based on the application, the market is segmented into indoor and outdoor.
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Key questions answered in this research report:
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- At what pace is the Saudi Arabia Smart Lighting market growing? What will be a growing trend in the future?
- What are the key drivers and restraints in the Saudi Arabia Smart Lighting market? What will be the impact of drivers and restraints in the future?
- What are the various application areas of the Saudi Arabia Smart Lighting market, and how they are poised to grow?
- Which offering generated maximum revenues in 2019 and identify the most promising offering during the forecast period?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
Report Coverage | Details |
Market Base Year | 2019 |
Market Forecast Period | 2020-2027 |
Market Revenues Currency | USD Million |
Base Year & Forecast Units | Revenues (USD Million) |
Market Segment | By Offering, By Source, By Communication Type, By Installation Type, By Application |
Regional Coverage | Saudi Arabia |
Companies Profiled | Philips Saudi Lighting Company, Al Nasser Group, National Lighting Company, Cooper Lighting (Eaton), Zumtobel Lighting Saudi Arabia, Osram/Ledvance, Al Fanar Company Ltd, Zubair Electric Group/ Spectra Lighting & Power Solutions LLC, Cinmar Lighting Systems, Huda Lighting, Al AbdulKarim Trading Company; A total of 11 Companies Covered. |
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Market Segmentation
Saudi Arabia Smart Lighting Market by Offering
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- Hardware
- Lights & Luminaires
- Smart Bulbs
- Fixtures
- Lighting Controls
- LED Drivers & Ballasts
- Sensors
- Switches & Dimmers
- Relay Units
- Gateways
- Lights & Luminaires
- Software
- Local/Web-Based Software
- Cloud-Based Software
- Services
- Design & Engineering
- Installation Services
- Post-Installation Services
- Hardware
Saudi Arabia Smart Lighting Market by Source
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- LED Lamps
- Fluorescent Lamps
- Compact Fluorescent Lamps
- High Intensity Discharge Lamps
- Others
Saudi Arabia Smart Lighting Market by Communication Technology
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- Wired Technology
- Digital Addressable Lighting Interface
- Power-Line Communication
- Power Over Ethernet
- Wired Hybrid Protocols
- Wireless Technology
- Zigbee
- Bluetooth/Bluetooth Low Energy
- Enocean
- Wi-Fi
- 6lowpan
- Wireless Hybrid Protocols
- Wired Technology
Saudi Arabia Smart Lighting Market by Installation Type
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- New Installation
- Retrofit Installation
Saudi Arabia Smart Lighting Market by Application
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- Indoor Application
- Residential
- Commercial
- Retail
- Hospitality
- Office Lighting
- Industrial
- Outdoor Application
- Highways & Roadways
- Architectural
- Public Places
- Indoor Application
Leading Market Players (Option 1: As a part of the free 25% customization – Profiles of 5 Additional Companies of your Choice)
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- Philips Saudi Lighting Company
- Al Nasser Group
- National Lighting Company
- Cooper Lighting (Eaton)
- Zumtobel Lighting Saudi Arabia
- Osram/Ledvance
- Al Fanar Company Ltd
- Zubair Electric Group/ Spectra Lighting & Power Solutions LLC
- Cinmar Lighting Systems
- Huda Lighting
- Al AbdulKarim Trading Company
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The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
Saudi Arabia Smart Lighting Market by Offering (Hardware, Software, and Service), By Source (LED Lamps, Fluorescent Lamps, Compact Fluorescent Lamps, High Intensity Discharge Lamps, and Others), By Communication Technology (Wired Technology and Wireless Technology), By Installation Type (New-Installation and Retrofit Installation), and By Application (Indoor and Outdoor) – Opportunities and Forecast, 2020-2027
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