The Saudi Arabia smart lighting market size reached US$ 120.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 705.7 Million by 2032, exhibiting a growth rate (CAGR) of 21% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032 |
Historical Years
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2018-2023
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Market Size in 2023
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US$ 120.6 Million |
Market Forecast in 2032
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US$ 705.7 Million |
Market Growth Rate 2024-2032 |
21%
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Smart-lighting is a technology designed for the efficient use of light resources through power saving fixtures with automated controls. This enables the consumer to alter ambient lighting according to the occupancy and availability of daylight. Smart-lighting products have applications in commercial, industrial and residential sectors and consist of a wall keypad and touchscreen panel that can be remotely accessed through voice command or a smartphone application. Smart lighting units use intelligent management systems to control the lights, benefitting consumers through lowered energy consumption and other economic and environmental benefits. Apart from being energy efficient, smart lighting systems provide a greater sense of security to the consumers as well. The user is also able to remotely switch on/off the house lights, giving an impression that the house is occupied.
The country’s increasing requirements for energy efficient lighting systems due to rising industrialization is among the key factors driving the Saudi Arabia smart lighting market. Moreover, factors such as increasing population, growth in the real estate sector and rising levels of urbanization are also creating a positive impact on the demand of smart lighting technology across the residential and commercial sectors. The Saudi Arabian government is also emphasizing on the adoption of smart lighting systems throughout the region in order to balance the rising energy demands and reduce operational costs. Moreover, the availability of various functionality in smart lighting technology such as sensors that can determine the occupancy of a room or a street and accordingly dim or turn off the lights, further adds to the convenience of the consumer. Additionally, acting on the Crown Prince Mohammed bin Salman Al Saud’s Vision 2030 plan, Saudi Arabia will be modernizing the infrastructure for various municipalities in the coming years. This includes the development of the Makkah and Riyadh Metro systems and an expansion to the King Abdulaziz International Airport, which are based on the smart lighting technology.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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IMARC Group provides an analysis of the key trends in each segment of the Saudi Arabia smart lighting market report, along with forecasts for the period 2024-2032. Our report has categorized the market based on offering, communication technology, installation type, light source and application.
Breakup by Offering:
Breakup by Communication Technology:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Breakup by Installation Type:
Breakup by Light Source:
Breakup by Application:
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Segment Coverage | Offering, Communication Technology, Installation Type, Light Source, Application |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The Saudi Arabia smart lighting market was valued at US$ 120.6 Million in 2023.
We expect the Saudi Arabia smart lighting market to exhibit a CAGR of 21% during 2024-2032.
The ongoing development of smart city infrastructures, along with the rising consumer preference towards energy-efficient lighting systems that offer improved illumination while consuming less power, is primarily driving the Saudi Arabia smart lighting market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation, resulting in the temporary halt in numerous construction activities, thereby negatively impacting the Saudi Arabia smart lighting market.
Based on the offering, the Saudi Arabia smart lighting market can be divided into hardware, software, and services. Currently, hardware holds the majority of the total market share.
Based on the communication technology, the Saudi Arabia smart lighting market has been segmented into wired technology and wireless technology, where wired technology currently exhibits a clear dominance in the market.
Based on the installation type, the Saudi Arabia smart lighting market can be bifurcated into new installation and retrofit installation. Currently, new installation accounts for the largest market share.
Based on the light source, the Saudi Arabia smart lighting market has been segregated into LED lamps, fluorescent lamps, compact fluorescent lamps, high intensity discharge lamps, others. Among these, LED lamps currently hold the majority of the total market share.
Based on the application, the Saudi Arabia smart lighting market can be categorized into commercial, residential, public infrastructure, and others. Currently, commercial exhibits a clear dominance in the market.