Product Code: ETC020699 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The lighting equipment market in Saudi Arabia is expected to register a CAGR of 8.3% during the forecast period, 2025-2031. The growing urbanization and industrialization are driving the growth of the market in Saudi Arabia. The improvement in economic conditions also encourages consumers to purchase energy efficient lighting solutions that can save electricity costs along with providing better illumination for residential, commercial as well as industrial applications. Additionally, government initiatives such as Vision 2031 which supports private sector growth and provides funding opportunities for new projects further helps boost the demand for electric lighting equipment in the country thereby augmenting its market size over upcoming years.
One of the major factors driving this market??s growth is increasing demand from both residential and commercial segments due to rising disposable income among households resulting into improved quality lifestyle standards across various parts of Saudi Arabia population coupled with rapid urbanization & industrializations trends observed in past few decades also account for strong contribution towards overall revenue generation associated with Lighting Equipment Market throughout Kingdom Of Saudi Arabia region .Furthermore ,government Initiatives such as ??Saudi Green Building Code?? implemented by General Authority For Environment, Water And Agriculture (GEWA) has been encouraging LED based lightning system usage within building structures all around kingdom which encourages manufacturers present within industry landscape to invest more capital upon research & development activities pertaining next gen smart connected products based on latest technological advancements including IoT , AI amongst other . All these above mentioned factors collectively contribute towards gearing up Lighting Equipment Market Growth across KSA region till 2031 End.
However there are certain challenges faced by suppliers operating within this industry including low consumer awareness about potential benefits associated while switching from traditional modes of lightning systems towards modern one??s like LED`s leading into customers not opting out purchasing option despite higher pricing structure attached . Alongside presence stringent regulations imposed by governing bodies relating environmental policies alongside cost incurred via installation process making it difficult for small scale business owners who cannot afford same or lack required technical expertise related expertise furthermore fluctuation occurring through raw material prices may act deterrent during forecast time frame 2025-2031 end ultimately hindering Lighting Equipment Market Growth pace within KSA domain over foreseeable future timeframe.
The impact of COVID-19 on the Saudi Arabia lighting equipment industry has been significant with restrictions imposed on production activities due to lockdown measures across sectors leading to disruption in supply chain operations. This resulted in an increase in prices and shortages of certain products. However, due to government initiatives like Vision 2031 and National Transformation Program (NTP) that have focused on developing renewable energy infrastructure throughout Saudi Arabia, it can be assumed that there will be a positive recovery post COVID-19 pandemic which will boost markets related with energy efficient technologies such as smart lighting systems.
Major players operating in the market include Philips Lighting NV., OSRAM GmbH., Cree Inc., Eaton Corporation Plc,, Schneider Electric SE etc.. These players are focusing on strategies such as acquisitions & partnerships; product launches; mergers & expansions; agreements & collaborations etc., so as to maintain their position in this competitive landscape.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Lighting equipment Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Lighting equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Lighting equipment Market - Industry Life Cycle |
3.4 Saudi Arabia Lighting equipment Market - Porter's Five Forces |
3.5 Saudi Arabia Lighting equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Saudi Arabia Lighting equipment Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Saudi Arabia Lighting equipment Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Saudi Arabia Lighting equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and infrastructure development in Saudi Arabia leading to higher demand for lighting equipment. |
4.2.2 Government initiatives promoting energy-efficient lighting solutions. |
4.2.3 Growing adoption of smart lighting technologies in residential and commercial sectors. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production for lighting equipment manufacturers. |
4.3.2 Intense competition in the market leading to price wars and margin pressures. |
4.3.3 Economic fluctuations and geopolitical uncertainties affecting consumer spending on lighting equipment. |
5 Saudi Arabia Lighting equipment Market Trends |
6 Saudi Arabia Lighting equipment Market, By Types |
6.1 Saudi Arabia Lighting equipment Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Lighting equipment Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Saudi Arabia Lighting equipment Market Revenues & Volume, By General Purpose Lighting, 2021-2031F |
6.1.4 Saudi Arabia Lighting equipment Market Revenues & Volume, By Vehicle/Automobile Lighting, 2021-2031F |
6.1.5 Saudi Arabia Lighting equipment Market Revenues & Volume, By Backlighting, 2021-2031F |
6.1.6 Saudi Arabia Lighting equipment Market Revenues & Volume, By Others , 2021-2031F |
6.2 Saudi Arabia Lighting equipment Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Lighting equipment Market Revenues & Volume, By Conventional Lighting/Non-Environment Friendly Lighting, 2021-2031F |
6.2.3 Saudi Arabia Lighting equipment Market Revenues & Volume, By Environment Friendly Lighting, 2021-2031F |
6.2.4 Saudi Arabia Lighting equipment Market Revenues & Volume, By SSL (Solid State Lighting), 2021-2031F |
6.2.5 Saudi Arabia Lighting equipment Market Revenues & Volume, By LED (Light Emitting Diodes), 2021-2031F |
6.2.6 Saudi Arabia Lighting equipment Market Revenues & Volume, By OLED (Organic Light Emitting Diodes), 2021-2031F |
6.2.7 Saudi Arabia Lighting equipment Market Revenues & Volume, By PLED (Polymer Light Emitting Diodes) , 2021-2031F |
6.3 Saudi Arabia Lighting equipment Market, By End Users |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Lighting equipment Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 Saudi Arabia Lighting equipment Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Saudi Arabia Lighting equipment Market Revenues & Volume, By Others , 2021-2031F |
7 Saudi Arabia Lighting equipment Market Import-Export Trade Statistics |
7.1 Saudi Arabia Lighting equipment Market Export to Major Countries |
7.2 Saudi Arabia Lighting equipment Market Imports from Major Countries |
8 Saudi Arabia Lighting equipment Market Key Performance Indicators |
8.1 Energy efficiency ratings of lighting products in the market. |
8.2 Adoption rate of smart lighting solutions in key sectors. |
8.3 Number of government projects incorporating energy-efficient lighting technologies. |
8.4 Rate of innovation and introduction of new lighting technologies in the market. |
8.5 Consumer sentiment towards investing in advanced lighting solutions. |
9 Saudi Arabia Lighting equipment Market - Opportunity Assessment |
9.1 Saudi Arabia Lighting equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Saudi Arabia Lighting equipment Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Saudi Arabia Lighting equipment Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Saudi Arabia Lighting equipment Market - Competitive Landscape |
10.1 Saudi Arabia Lighting equipment Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Lighting equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |