Saudi Arabia LED Lighting Market Outlook to 2023: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The report titled “Saudi Arabia LED Lighting Market Outlook to 2023- By Type of LEDs (Lamps and Luminaires), By Usage (Indoor and Outdoor), By Sector (Commercial, Residential, Industrial, Healthcare, Hospitality and others), By Region, By Sales (Project and Retail)” covers the market size in the terms of revenue generated from the sales of LED lighting products and segmentations By type of LEDs (Lumniaries and Lamps), By Usage (Indoor and Outdoor), By Sector (Commercial, Residential, Industrial, Healthcare, Hospitality and others), By Region (Central, Eastern, Western and North & South), By Type of Sales (Project and Retail) and provides a comprehensive analysis of market including market evolution, overview and genesis. Extensive focus has been placed in quantifying the industry revenue over the period, 2013-2023. The report covers aspects such as trade scenario, cost analysis, decision making process, trends and developments, issues and challenges, SWOT analysis, recent technologies, manufacturing clusters, government initiatives. Competitive landscape of major players such as Philips Saudi Lighting Company, Al Nasser Group, National Lighting Company, Cooper Lighting (Eaton), Zumtobel Lighting Saudi Arabia, Osram/Ledvance, Al Fanar Company Ltd have been extensively covered including company overview, major business strategies, USP, recent developments, major projects and other parameters. The report also covers future industry analysis (by revenue and upcoming technologies in Saudi Arabia LED lighting). This report will particularly help the readers to identify the ongoing trends in the industry, government regulations and anticipated growth in the future depending upon changing industry dynamics in upcoming years. Saudi Arabia LED Lighting Market Summary Market Overview: Saudi Arabia LED Lighting market is a flourishing space currently in growth stage. The increase in the number of residential establishments and growth in commercial projects focusing on green lighting has created high demand for the usage of LED lighting products. Electricity supply crisis especially during the summer season and reduction in subsidies on electricity prices increased the need for energy efficient lighting sources. Government has announced plans for the development of infrastructure and transportation with major projects such as development of Makkah and Riyadh Metro systems, expansion of King Abdulaziz International Airport, development of international tourist destinations in Red Sea Islands, entertainment city in Al Qidya. These provide a positive outlook for the lighting market. The increase in the expenditure by government for replacement of traditional lighting sources with the LED lighting fixtures especially in the street lighting is another growth driver for the market. The Saudi Arabia LED lighting market registered a CAGR of close to 18% from 2013-2018. Market Segmentation By Type of LED (Lamps and Luminaires) LED luminaires dominates the sales of LED lighting products in the market. Luminaires are preferred in the commercial and industrial sector as compared to lamps hence, constitutes for higher sales share. Lamps are popularly used in the residential sector. By Usage (Indoor and Outdoor) The LED lighting products are used for indoor and outdoor lighting. Indoor application of LED lights is prevalent in the premises of Residential, Commercial and Hospitality industry. The outdoor application of LED lights is common for the Building Exterior, Façade lighting, Street Lighting and Parking Lots and Garages lighting purposes. The market is dominated by the usage of LED lighting for the indoor lighting purposes. By Sector (Commercial, Residential, Industrial, Healthcare, Hospitality and other sector) The LED lighting is used in the Commercial, Residential, Industrial, Healthcare, Hospitality and other sector. Other sector includes Government Buildings, Airports, Public Spots, and Educational Institutions. Commercial sector dominated the market in terms of demand, followed by the residential sector, industrial sector, healthcare sector and hospitality sector respectively. By Region (Central, East, West, North & South) The central region has the highest demand for LED lighting products as most of the developed areas of Saudi including Riyadh wherein major commercial & financial set-ups are present. Riyadh is also a manufacturing hub for lighting companies present in the region. It is followed by Eastern, Western and North & South region respectively. By Sales (Project and Retail) The sales of LED lighting products are grouped in two types namely, Project Sales and Retail Sales. The project sales consist of sales in huge volumes to the commercial, government, residential and industrial sector. Project sales are high in the region due to the large number of construction and development projects being undertaken in Saudi Arabia. The retail sales are mostly happening in the residential and hospitality sector. Competitive Landscape The competition in Saudi Arabia LED lighting market is highly concentrated with approximately 50 companies including domestic and international. The market is import driven with handful of manufacturing plants based in the country. The market requires huge investments in the R&D, product development, marketing and promotion. The major competing parameters for the players are diverse product portfolio, brand name, pricing, the energy efficiency, the product life output and others. The top five major players present in the market are Philips Saudi Lighting Company, Al Nasser Group, National Lighting Company, Cooper Lighting (Eaton) and Zumtobel Lighting Saudi Arabia. Saudi Arabia LED Lighting Market Future Outlook It is estimated that the Saudi Arabia LED lighting market has been anticipated to grow registering a CAGR of close to 9% during 2018-2023. The growth rate is expected to slow down initially due to the expected changes in lighting regulations in the Kingdom however, it will pick up with growth in the construction industry. The Deputy Crown Prince Mohammad bin Salman Al Saud’s Kingdom’s Vision 2030 plan for development of new municipalities and construction of smart cities will drive the growth of the market for LED lighting products. Key Segments Covered in Saudi Arabia LED Lighting Market By Type of LEDs (On the Basis of Revenue) LED Luminaires Downlights Linear Lights Flood Lights High Bay Other Luminaires LED Lamps By Usage of LEDs (On the Basis of Revenue) Indoor Outdoor Street Lighting Building Exteriors/ Façade Lighting Parking Lots and Garages Others By End User Sector (On the Basis of Revenue) Commercial Residential Industrial Healthcare Hospitality Others By End User Sector (On the Basis of Revenue) Central Eastern Western North and South By Type of Sales (On the Basis of Revenue) Project Retail Key Target Audience Existing LED Lighting Manufacturers in Saudi Arabia New Market Entrants- Domestic OEMs New Market Entrants- Foreign OEMs Real Estate Companies Government Bodies Investors & Venture Capital Firms Lighting Equipment Manufacturers and Importers LED Lighting Retail Chains Lighting Equipment Distributors Lighting Equipment Associations Time Period Captured in the Report:- 2013-2018 – Historical Period 2013-2023 – Future Forecast Companies Covered:- 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 Key Topics Covered in the Reports:- Overview and Genesis For the Saudi Arabia LED Lighting Market Cross-Comparison of Saudi Arabia LED lighting Market with other Middle East nations Saudi Arabia LED Lighting Market Value Chain Analysis Major Entities Involved in Value Chain and their Strategies Saudi Arabia LED Lighting Market Size, 2013-2018, By Sales Value Saudi Arabia LED Lighting Market Segmentation, By Type of LEDs Saudi Arabia LED Lighting Market Segmentation, By Usage Saudi Arabia LED Lighting Market Segmentation, By Sector Saudi Arabia LED Lighting Market Segmentation, By Region Saudi Arabia LED Lighting Market Segmentation, By Sales Cost Analysis/ Cost Component for LED Lighting in the Saudi Arabia Market Decision Making Process Before Purchasing LED Lighting in the Saudi Arabia Market Trends and Developments in the Saudi Arabia LED Lighting Market Issues and Challenges in Saudi Arabia LED Lighting Market SWOT Analysis for the Saudi Arabia LED Lighting Market Recent Technologies in Saudi Arabia LED Lighting Market Manufacturing Clusters for LED and Component Manufacturers in the Saudi Arabia Government Initiatives and Regulations in the Saudi Arabia LED Lighting Market Market shares of major players in Saudi Arabia Lighting Market Competitive Scenario in Saudi Arabia LED Lighting Market Competitive Landscape of Major Players in Saudi Arabia LED Lighting Market Saudi Arabia LED Lighting Market Future Outlook and Projections, By Revenues, 2019-2023 Saudi Arabia LED Lighting Market Future Outlook and Projections, By upcoming Technologies in the Lighting Market Analyst Recommendations For More Information On The Research Report, Refer To Below Link: Saudi Arabia LED Lighting Market Related Reports by Ken Research South Korea LED Lighting Market Outlook to 2018 – Backlighting Units to Drive LED Growth India LED Lighting Market Outlook to 2019 – Next Wave of Growth Driven by Government Initiatives Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: 2013-2018, 2019-2023, Al Abdulkarim Trading Company, Al Fanar Company Ltd, Al Nasser Group, By Region, By Revenues, By Sales, By Sales Value, By Sector, By Type Of Leds, By Upcoming Technologies In The Lighting Market, By Usage, Central Saudi Arabia LED Lighting Market, Cinmar Lighting Systems, Competitive Landscape Of Major Players In Saudi Arabia LED Lighting Market, Competitive Scenario In Saudi Arabia LED Lighting Market, Cooper Lighting (Eaton), Cost Analysis/ Cost Component For LED Lighting In The Saudi Arabia Market, Cross-Comparison Of Saudi Arabia LED Lighting Market With Other 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