Saudi Arabia Outdoor LED Lighting Market (2024-2030) | Revenue, Industry, Size, Outlook, Forecast, Share, Companies, Value, Trends, Growth & Analysis

Market Forecast By Installation Type (New, Retrofit), By Wattage Type (Less than 50W, 50W to 100W, More than 100W) And Competitive Landscape
Product Code: ETC005579 Publication Date: Jul 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Saudi Arabia Outdoor LED Lighting Market Synopsis

The Saudi Arabia Outdoor LED Lighting Market is expected to witness significant growth during the forecast period of 2020-2026. The growth in this market is driven by increasing demand for energy efficient lighting, improving economic conditions, growing infrastructure development projects and government initiatives such as Vision 2030 and National Transformation Plan. Additionally, the rising awareness among consumers regarding environmental benefits associated with LED lights is also driving the adoption of LED lights further. Moreover, rapid urbanization across cities in Saudi Arabia has resulted in an increased focus on smart city solutions which further contributes towards the growth of outdoor LED lighting market.

Market Drivers

The increasing awareness about environmental sustainability amongst customers coupled with strict government policies is driving demand for energy efficient lighting solutions across Saudi Arabia. This factor has led to a rise in adoption of LEDs over conventional lighting sources such as incandescent bulbs and halogen lamps which are regarded as highly inefficient when it comes to power consumption levels thereby creating strong opportunities for outdoor LED lighting manufacturers in the region. With increase in disposable incomes along with improvement in living standards have resulted into higher number of individuals being able to purchase advanced lighting products due to their comparatively high prices than traditional lightings options stimulating demand within regional markets.

Challenges of the Market

High Cost Compared To Traditional Lighting Sources?? Despite offering superior performance over traditional light sources such as incandescent bulbs ,halogen lamps etc.,LEDs are still expensive compared them leading some customers opting out from purchasing thus hindering sales volume within regional markets.

Covid 19 Impact on the Market

COVID 19 pandemic outbreak had caused havoc all around world threatening lives people & wreaking economies .It brought several restrictions on production operations leading disruption supply chain networks resulting shortages raw materials while distribution channels were severely impacted causing decline overall revenues generated from sale services .Henceforth ,the impact COVID 19 was felt heavily throughout sector making difficult use resources efficiently hampering progress made prior outbreak Key Players : Major players operating in the Saudi Arabia outdoor LED Lightening.

key players of the Market

Philips Lighting, Cree Inc., OSRAM, and Eaton Corporation are some significant players in the market.

Key Highlights of the Report:

  • Saudi Arabia Outdoor LED Lighting Market Outlook
  • Market Size of Saudi Arabia Outdoor LED Lighting Market, 2023
  • Forecast of Saudi Arabia Outdoor LED Lighting Market, 2030
  • Historical Data and Forecast of Saudi Arabia Outdoor LED Lighting Revenues & Volume for the Period 2020-2030
  • Saudi Arabia Outdoor LED Lighting Market Trend Evolution
  • Saudi Arabia Outdoor LED Lighting Market Drivers and Challenges
  • Saudi Arabia Outdoor LED Lighting Price Trends
  • Saudi Arabia Outdoor LED Lighting Porter's Five Forces
  • Saudi Arabia Outdoor LED Lighting Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Outdoor LED Lighting Market Revenues & Volume By Installation Type for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Outdoor LED Lighting Market Revenues & Volume By New for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Outdoor LED Lighting Market Revenues & Volume By Retrofit for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Outdoor LED Lighting Market Revenues & Volume By Wattage Type for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Outdoor LED Lighting Market Revenues & Volume By Less than 50W for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Outdoor LED Lighting Market Revenues & Volume By 50W to 100W for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Outdoor LED Lighting Market Revenues & Volume By More than 100W for the Period 2020-2030
  • Saudi Arabia Outdoor LED Lighting Import Export Trade Statistics
  • Market Opportunity Assessment By Installation Type
  • Market Opportunity Assessment By Wattage Type
  • Saudi Arabia Outdoor LED Lighting Top Companies Market Share
  • Saudi Arabia Outdoor LED Lighting Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Outdoor LED Lighting Company Profiles
  • Saudi Arabia Outdoor LED Lighting Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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 Outdoor LED Lighting Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

3.2 Saudi Arabia Outdoor LED Lighting Market Revenues & Volume, 2020 & 2030F

3.3 Saudi Arabia Outdoor LED Lighting Market - Industry Life Cycle

3.4 Saudi Arabia Outdoor LED Lighting Market - Porter's Five Forces

3.5 Saudi Arabia Outdoor LED Lighting Market Revenues & Volume Share, By Installation Type, 2020 & 2030F

3.6 Saudi Arabia Outdoor LED Lighting Market Revenues & Volume Share, By Wattage Type, 2020 & 2030F

4 Saudi Arabia Outdoor LED Lighting Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Saudi Arabia Outdoor LED Lighting Market Trends

6 Saudi Arabia Outdoor LED Lighting Market, By Types

6.1 Saudi Arabia Outdoor LED Lighting Market, By Installation Type

6.1.1 Overview and Analysis

6.1.2 Saudi Arabia Outdoor LED Lighting Market Revenues & Volume, By Installation Type, 2020-2030F

6.1.3 Saudi Arabia Outdoor LED Lighting Market Revenues & Volume, By New, 2020-2030F

6.1.4 Saudi Arabia Outdoor LED Lighting Market Revenues & Volume, By Retrofit, 2020-2030F

6.2 Saudi Arabia Outdoor LED Lighting Market, By Wattage Type

6.2.1 Overview and Analysis

6.2.2 Saudi Arabia Outdoor LED Lighting Market Revenues & Volume, By Less than 50W, 2020-2030F

6.2.3 Saudi Arabia Outdoor LED Lighting Market Revenues & Volume, By 50W to 100W, 2020-2030F

6.2.4 Saudi Arabia Outdoor LED Lighting Market Revenues & Volume, By More than 100W, 2020-2030F

7 Saudi Arabia Outdoor LED Lighting Market Import-Export Trade Statistics

7.1 Saudi Arabia Outdoor LED Lighting Market Export to Major Countries

7.2 Saudi Arabia Outdoor LED Lighting Market Imports from Major Countries

8 Saudi Arabia Outdoor LED Lighting Market Key Performance Indicators

9 Saudi Arabia Outdoor LED Lighting Market - Opportunity Assessment

9.1 Saudi Arabia Outdoor LED Lighting Market Opportunity Assessment, By Installation Type, 2020 & 2030F

9.2 Saudi Arabia Outdoor LED Lighting Market Opportunity Assessment, By Wattage Type, 2020 & 2030F

10 Saudi Arabia Outdoor LED Lighting Market - Competitive Landscape

10.1 Saudi Arabia Outdoor LED Lighting Market Revenue Share, By Companies, 2023

10.2 Saudi Arabia Outdoor LED Lighting Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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