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Saudi Arabia LED Light Market Analysis, Share, Forecast: By Type: Panel Lights, Down Lights, Flood Lights, Street Lights, Tube Lights, Bulbs; By Application: Residential, Commercial, Industrial, Others; By Sector: Private, Public; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Saudi Arabia LED Light Market Competitive Landscape
Detailed analysis of the following key players covering their capacities, market share and latest turn of events such as mergers and acquisitions, capacity expansions and plant turnarounds in the market is offered in the report:
- Al Nasser Group
- Saudi Led Light Co,
- National Lighting Company
- TECHNO LED LIGHTS
- Inara Company Limited
- Nardeen Lighting Company LLC
- Huda Lighting
- Philips Saudi Lighting Company
Saudi Arabia Led Light Market Report Snapshots
Saudi Arabia Led Light Market Size
Saudi Arabia Led Light Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Saudi Arabia
7 Opportunities and Challenges in the Market
8 GCC LED Light Market Analysis
8.1 Key Industry Highlights
8.2 GCC LED Light Historical Market (2018-2023)
8.3 GCC LED Light Market Forecast (2024-2032)
8.4 GCC LED Light Market by Country
8.4.1 Saudi Arabia
8.4.2 UAE
8.4.3 Qatar
8.4.4 Others
9 Saudi Arabia LED Light Market Analysis
9.1 Key Industry Highlights
9.2 Saudi Arabia LED Light Historical Market (2018-2023)
9.3 Saudi Arabia LED Light Market Forecast (2024-2032)
9.4 Saudi Arabia LED Light Market by Type
9.4.1 Panel Lights
9.4.1.1 Historical Trend (2018-2023)
9.4.1.2 Forecast Trend (2024-2032)
9.4.2 Down Lights
9.4.2.1 Historical Trend (2018-2023)
9.4.2.2 Forecast Trend (2024-2032)
9.4.3 Flood Lights
9.4.3.1 Historical Trend (2018-2023)
9.4.3.2 Forecast Trend (2024-2032)
9.4.4 Street Lights
9.4.4.1 Historical Trend (2018-2023)
9.4.4.2 Forecast Trend (2024-2032)
9.4.5 Tube Lights
9.4.5.1 Historical Trend (2018-2023)
9.4.5.2 Forecast Trend (2024-2032)
9.4.6 Bulbs
9.4.6.1 Historical Trend (2018-2023)
9.4.6.2 Forecast Trend (2024-2032)
9.5 Saudi Arabia LED Light Market by Application
9.5.1 Residential
9.5.1.1 Historical Trend (2018-2023)
9.5.1.2 Forecast Trend (2024-2032)
9.5.2 Commercial
9.5.2.1 Historical Trend (2018-2023)
9.5.2.2 Forecast Trend (2024-2032)
9.5.3 Industrial
9.5.3.1 Historical Trend (2018-2023)
9.5.3.2 Forecast Trend (2024-2032)
9.5.4 Others
9.6 Saudi Arabia LED Light Market by Sector
9.6.1 Private
9.6.1.1 Historical Trend (2018-2023)
9.6.1.2 Forecast Trend (2024-2032)
9.6.2 Public
9.6.2.1 Historical Trend (2018-2023)
9.6.2.2 Forecast Trend (2024-2032)
10 Comparative Analysis of CFL and LED
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Alnasser Group
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Saudi Led Light Co,
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 NATIONAL LIGHTING CORP.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 TECHNO LED LIGHTS
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Inara Lighting Company
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Nardeen Lighting Co. Ltd.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Huda Lighting
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Philips SLC
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Others
14 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. GCC LED Light Market: Key Industry Highlights, 2018 and 2032
2. Saudi Arabia LED Light Market: Key Industry Highlights, 2018 and 2032
3. Saudi Arabia LED Light Historical Market: Breakup by Type (SAR Million), 2018-2023
4. Saudi Arabia LED Light Market Forecast: Breakup by Type (SAR Million), 2024-2032
5. Saudi Arabia LED Light Historical Market: Breakup by Application (SAR Million), 2018-2023
6. Saudi Arabia LED Light Market Forecast: Breakup by Application (SAR Million), 2024-2032
7. Saudi Arabia LED Light Historical Market: Breakup by Sector (SAR Million), 2018-2023
8. Saudi Arabia LED Light Market Forecast: Breakup by Sector (SAR Million), 2024-2032
9. Saudi Arabia LED Light Market Structure
Key Questions Answered in the Report
In 2023, the Saudi Arabia LED light market attained a value of nearly SAR 5,243.52 million.
The market is projected to grow at a CAGR of 17.2% between 2024 and 2032.
The growth of the market is driven by the energy-saving initiatives, rising Saudi population, rapid urbanisation, increased use of Internet of Things, and indoor lighting automation.
The growing initiatives by the government, supporting the installation of LED lights in public and private infrastructures and the development of smart cities, is a key trend for the market.
The different types of LED lights in the market are panel lights, down lights, flood lights, street lights, tube lights, and bulbs.
The LED lights find applications in residential, commercial, and industrial sectors, among others.
The major sectors can be divided between public and private.
The major players in the market are Al Nasser Group, Saudi LED Light, National Lighting Company, TECHNO LED LIGHTS, Inara Company Limited,, Nardeen Lighting Company LLC, Huda Lighting, Philips Saudi Lighting Company.
Analyst Review
The Saudi Arabia LED light market attained a value of nearly SAR 5,243.52 million in 2023, driven by the growing initiatives by the government supporting the installation of LED lights in public and private infrastructures. Aided by the energy-saving initiatives and development of smart cities, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 17.2%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the Saudi Arabia LED light industry can be segmented into panel lights, down lights, flood lights, streetlights, tube lights, and bulbs. By application, residential, commercial, and industrial, among others are the various segments. On the basis of sectors, private and public are the major categories. The key players in the above market include Al Nasser Group, Saudi LED Light, National Lighting Company, TECHNO LED LIGHTS, Inara Company Limited,, Nardeen Lighting Company LLC, Huda Lighting, Philips Saudi Lighting Company.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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