Saudi Arabia Smart LED Lighting Market

An LED light is an energy-efficient light that emits light when current flows through it. Smart LED lighting consists of fixture and automated controls, which are energy-efficient and adjusts according to the conditions such as room occupancy, or daylight lighting. Smart LED lighting saves energy and cost by reducing energy consumption and is widely used for different indoor and outdoor applications.

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Market Dynamic

Key Drivers and Emerging Trends

The major factors driving the growth of the Saudi Arabia Smart LED Lighting market during the forecast period include the growing integration of lighting solutions with smart devices, rising government initiatives and policies for energy conservation, and the rising adoption of the standard protocol for lighting control systems in Saudi Arabia. Various government initiatives, such as the National Energy Efficiency Programme (NEEP) and Vision 2030, are encouraging the customers to opt for Smart LED lighting systems to reduce energy consumption. Moreover, Saudi Arabian government is heavily investing in the construction of ongoing and upcoming projects such as the smart city project Neom, Al Widyan, the Riyadh Metro systems, the Red Sea project, Qiddiya entertainment city, and Jeddah tower, which will drastically increase the demand for Smart LED lights, thereby boosting the growth of the Saudi Arabia Smart LED lighting markets over the coming years. On the other hand, the high installation cost and the security & reliability concerns associated with smart LED lights will hamper the growth of the Saudi Arabia Smart LED Lighting market over the coming years.

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Offering – Segment Analysis

Based on the offering, the hardware segment is expected to grow at a higher CAGR during the forecast period due to the increasing integration of lighting controls with light and luminaries. This integration allows embedding of software on microcontrollers, thereby adding intelligence to the whole lighting control system. This type of lighting system provides sensing and control at a dimensional resolution, which will attract a large number of customers towards the adoption of Smart LED lighting systems in Saudi Arabia.

Application – Segment Analysis

Based on the application, the outdoor application segment is expected to grow at higher CAGR during the forecast period owing to the increasing infrastructure projects such as development of smart city project, the Red Sea Project, Riyadh Rapid Bus Transit System, and Riyadh Metro coupled with the rising investment in the construction of roads and highways projects across Saudi Arabia. The Saudi Arabia Transport Ministry has announced 75 road projects under the road improvement plans and 23 new road projects, amounting to USD 461.3 million to be constructed in Makka, Riyadh, Assir and other parts of Saudi Arabia. This continuous rise in the construction activities will drive the demand for outdoor Smart LED lights, thereby accelerate the growth of the market over the coming years.

Communication Technology – Segment Analysis

Based on the communication technology, the wired communication segment is expected to grow at a higher CAGR during the forecast period owing to the declining cost of LEDs, the rising adoption of PoE lighting solutions across the commercial & industrial sector, and the increasing demand for cost-effective lighting solutions in Saudi Arabia.

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Top Market Players

Various notable players operating in the Saudi Arabia Smart LED Lighting market include General Electric Saudi Arabia, Philips Lighting Saudi Arabia Company, Al Nasser Group, Cooper Lighting (Eaton), Zumtobel Lighting Saudi Arabia, Al Fanar Company Ltd, Osram/Ledvance, Cinmar Lighting Systems, Zubair Electric Group/ Spectra Lighting & Power Solutions LLC, among others.

Key Developments:

• • In 2022, Tata Communications collaborated with the Zain KSA, a telecom service provider to provide smart city solutions across Saudi Arabia. Through this collaboration, the companies planned to bring smart street lighting solutions with the help of hardware, application and platform of Tata Communications and with the B-to-B offerings related to SD-WAN of Zain KSA.
  • In 2022, the Saudi government planned to build largest mall with investment of SR 2.7 billion in Makkah and planned to complete by 2026.
  • In May 2017, Philips Lighting Saudi Arabia entered into a strategic distribution agreement with Ahmed Abdulwahed Trading Company for its LED and home consumer offering. The aim of the partnership is to give consumers easier and greater access to LED and home products and provide them with more energy-efficient and environmentally-conscious lighting.

Segments covered in the Report:

The Saudi Arabia Smart LED Lighting market has been segmented based on installation type, offering, application, and communication technology. Based on Installation Type, the market is segmented into New Installations, and Retrofit Installations. Based on offering, the market is segmented into hardware, software, and services. The hardware segment is further segmented into Lights & Luminaires and Lighting Control. Lights & luminaires are further categorized into Smart Bulbs and Fixtures. Lighting controls are further categorized into LED Drivers & Ballasts, Sensors¸ Switches¸ Dimmers, Relay Units, and Gateways. Based on software, the market is segmented into Local/Web-Based Software and Cloud-Based Software. Based on services, the market is segmented into Pre-Installation Services and Post-Installation Services. Based on the application, the market is segmented into indoor and outdoor. The indoor segment is further categorized into Residential, Commercial, Industrial, and Others. The commercial segment comprises Retail, Hospitality, and Office Lighting. The outdoor segment includes Highways & Roadways Lighting, Architectural Lighting, and Lighting for Public Places. Based on communication technology, the market is segmented into wired and wireless. The wired segment comprises DALI, Power Over Ethernet (PoE), Power-Line Communication (PLC), and Wired Hybrid Protocols. The wireless segment includes ZigBee, Wi-Fi, BLE, EnOcean, 6LoWPAN, and Wireless Hybrid Protocols.

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Key questions answered in this research report:

• • At what pace is the Saudi Arabia Smart LED Lighting market growing? What will be the trend in growth in the future?
  • What are the key drivers and restraints in the Saudi Arabia Smart LED Lighting market? What will be the impact of drivers and restraints in the future?
  • Which offering generated maximum revenues in 2022 and identify the most promising offering during the forecast period?
  • What are the various application areas of the Saudi Arabia Smart LED Lighting market, and how are they poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation:

Saudi Arabia Smart LED Lighting Market by Installation Type

• • New Installations
  • Retrofit Installations

Saudi Arabia Smart LED Lighting Market by Offering

• • Hardware
    • Lights & Luminaires
      • Smart Bulbs
      • Fixtures
    • Lighting Control
      • LED Drivers & Ballasts
      • Sensors
      • Switches
      • Dimmers
      • Relay Units
      • Gateways
    • Software
      • Local/Web-Based Software
      • Cloud-Based Software
    • Services
      • Pre-Installation Services
      • Post-Installation Services

Saudi Arabia Smart LED Lighting Market by Application

• • Indoor
    • Residential
    • Commercial
    • Industrial
    • Others
  • Outdoor
    • Highways & Roadways Lighting
    • Architectural Lighting
    • Lighting for Public Places

Saudi Arabia Smart LED Lighting Market by Communication Technology

• • Wired Technology
    • DALI
    • Power Over Ethernet (PoE)
    • Power-Line Communication (PLC)
    • Wired Hybrid Protocols
  • Wireless
    • ZigBee
    • Wi-Fi
    • BLE
    • EnOcean
    • 6LoWPAN
    • Wireless Hybrid Protocols

Leading market players (Option: As a part of free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • General Electric Saudi Arabia
  • Philips Lighting Saudi Arabia Company
  • Al Nasser Group
  • Cooper Lighting (Eaton)
  • Zumtobel Lighting Saudi Arabia
  • Al Fanar Company Ltd
  • Osram/Ledvance
  • Cinmar Lighting Systems
  • Zubair Electric Group/ Spectra Lighting & Power Solutions LLC